CSEIX vs. BREIX
CSEIX (Cohen & Steers Real Estate Securities Fund, Inc.) and BREIX (Baron Real Estate Fund) are both REIT funds. Over the past 10 years, CSEIX returned 6.41%/yr vs 10.94%/yr for BREIX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. CSEIX charges 1.10%/yr vs 1.05%/yr for BREIX.
Performance
CSEIX vs. BREIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSEIX achieves a 16.85% return, which is significantly higher than BREIX's 2.54% return. Over the past 10 years, CSEIX has underperformed BREIX with an annualized return of 6.41%, while BREIX has yielded a comparatively higher 10.94% annualized return.
CSEIX
- 1D
- -1.17%
- 1M
- 1.76%
- 6M
- 14.99%
- YTD
- 16.85%
- 1Y
- 18.01%
- 3Y*
- 10.70%
- 5Y*
- 3.74%
- 10Y*
- 6.41%
- ALL TIME*
- 8.91%
BREIX
- 1D
- -0.64%
- 1M
- -3.19%
- 6M
- 1.17%
- YTD
- 2.54%
- 1Y
- 6.46%
- 3Y*
- 8.54%
- 5Y*
- 3.37%
- 10Y*
- 10.94%
- ALL TIME*
- 12.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CSEIX vs. BREIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSEIX Cohen & Steers Real Estate Securities Fund, Inc. | 16.85% | 4.01% | 6.50% | 12.81% | -26.47% | 41.29% | -1.99% | 31.50% | -4.52% | 7.79% |
BREIX Baron Real Estate Fund | 2.54% | 5.18% | 12.46% | 25.04% | -28.45% | 24.41% | 44.35% | 44.60% | -22.05% | 31.44% |
Correlation
The correlation between CSEIX and BREIX is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2009 | 0.75 |
The correlation between CSEIX and BREIX shifts across timeframes, from 0.62 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSEIX vs. BREIX — Risk / Return Rank
CSEIX
BREIX
CSEIX vs. BREIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Real Estate Securities Fund, Inc. (CSEIX) and Baron Real Estate Fund (BREIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CSEIX | BREIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.06 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | 0.37 | +1.71 |
| Martin ratioReturn relative to average drawdown | 7.29 | 1.03 | +6.26 |
Loading charts...
Drawdowns
CSEIX vs. BREIX - Drawdown Comparison
The maximum CSEIX drawdown since its inception was -72.58%, which is greater than BREIX's maximum drawdown of -38.47%. Use the drawdown chart below to compare losses from any high point for CSEIX and BREIX.
Loading charts...
Drawdown Indicators
| CSEIX | BREIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.58% | -38.47% | -34.11% |
Max Drawdown (1Y)Largest decline over 1 year | -7.92% | -12.56% | +4.64% |
Max Drawdown (3Y)Largest decline over 3 years | -17.31% | -23.91% | +6.60% |
Max Drawdown (5Y)Largest decline over 5 years | -33.25% | -33.93% | +0.68% |
Max Drawdown (10Y)Largest decline over 10 years | -42.75% | -38.47% | -4.28% |
Current DrawdownCurrent decline from peak | -1.70% | -4.08% | +2.38% |
Average DrawdownAverage peak-to-trough decline | -10.68% | -7.51% | -3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.40% | 4.51% | -2.11% |
Volatility
CSEIX vs. BREIX - Volatility Comparison
The current volatility for Cohen & Steers Real Estate Securities Fund, Inc. (CSEIX) is 4.24%, while Baron Real Estate Fund (BREIX) has a volatility of 4.94%. This indicates that CSEIX experiences smaller price fluctuations and is considered to be less risky than BREIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSEIX | BREIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 4.94% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 11.15% | 12.74% | -1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.11% | 16.95% | -2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.94% | 20.81% | -1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.99% | 21.19% | -0.20% |
CSEIX vs. BREIX - Expense Ratio Comparison
CSEIX has a 1.10% expense ratio, which is higher than BREIX's 1.05% expense ratio.
Dividends
CSEIX vs. BREIX - Dividend Comparison
CSEIX's dividend yield for the trailing twelve months is around 3.16%, less than BREIX's 3.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BREIX Baron Real Estate Fund | 3.70% | 3.79% | 0.40% | 0.43% | 2.85% | 7.95% | 6.18% | 13.78% | 12.19% | 4.71% | 1.17% | 1.96% |
CSEIX Cohen & Steers Real Estate Securities Fund, Inc. | 3.16% | 3.75% | 2.72% | 2.89% | 7.91% | 4.37% | 5.48% | 7.83% | 3.51% | 2.39% | 5.87% | 23.00% |
Frequently Asked Questions
CSEIX and BREIX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BREIX has higher volatility (4.94%) compared to CSEIX (4.24%). In terms of maximum drawdown, CSEIX dropped -72.58% vs BREIX's -38.47%.
CSEIX currently has the higher Sharpe Ratio (1.18 vs 0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CSEIX and BREIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer