CSEIX vs. REEIX

Last updated Aug 1, 2026

CSEIX (Cohen & Steers Real Estate Securities Fund, Inc.) and REEIX (RBC Emerging Markets Equity Fund) are both mutual funds - CSEIX is a REIT fund managed by T. Rowe Price, while REEIX is a Emerging Markets Equities fund managed by RBC. Over the past 10 years, CSEIX returned 6.41%/yr vs 9.11%/yr for REEIX. Their 0.37 correlation means their historical movements had little consistent relationship. CSEIX charges 1.10%/yr vs 0.88%/yr for REEIX.

Performance

CSEIX vs. REEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Real Estate Securities Fund, Inc. (CSEIX) and RBC Emerging Markets Equity Fund (REEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with CSEIX having a 16.85% return and REEIX slightly higher at 17.17%. Over the past 10 years, CSEIX has underperformed REEIX with an annualized return of 6.41%, while REEIX has yielded a comparatively higher 9.11% 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%

REEIX

• 1D: 4.60%
• 1M: -1.53%
• 6M: 9.47%
• YTD: 17.17%
• 1Y: 38.52%
• 3Y*: 17.83%
• 5Y*: 9.44%
• 10Y*: 9.11%
• ALL TIME*: 8.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CSEIX Cohen & Steers Real Estate Securities Fund, Inc.	$0.00	$0.00	$0.00
REEIX RBC Emerging Markets Equity Fund	$0.00	$0.00	$0.00

CSEIX vs. REEIX - 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%
REEIX RBC Emerging Markets Equity Fund	17.17%	34.54%	6.38%	12.20%	-14.62%	-4.36%	16.76%	17.26%	-10.63%	35.13%

Correlation

The correlation between CSEIX and REEIX is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.07
Correlation (3Y) Balances recent behavior with more history.	0.25
Correlation (5Y) Shows whether the relationship held over a longer period.	0.35
Correlation (10Y) Provides a long-term view across more market conditions.	0.35
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.37

Over the past year, the correlation between CSEIX and REEIX has dropped to 0.07 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.

Return for Risk

CSEIX vs. REEIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CSEIX

CSEIX Risk / Return Rank: 47
CSEIX Sharpe Ratio Rank: 40
CSEIX Sortino Ratio Rank: 38
CSEIX Omega Ratio Rank: 38
CSEIX Calmar Ratio Rank: 63
CSEIX Martin Ratio Rank: 55

REEIX

REEIX Risk / Return Rank: 63
REEIX Sharpe Ratio Rank: 61
REEIX Sortino Ratio Rank: 54
REEIX Omega Ratio Rank: 65
REEIX Calmar Ratio Rank: 73
REEIX Martin Ratio Rank: 62

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CSEIX vs. REEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Real Estate Securities Fund, Inc. (CSEIX) and RBC Emerging Markets Equity Fund (REEIX). 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	REEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.49	-0.31
Sortino ratio: Return per unit of downside risk	1.67	2.01	-0.34
Omega ratio: Gain probability vs. loss probability	1.21	1.29	-0.08
Calmar ratio: Return relative to maximum drawdown	2.08	2.40	-0.31
Martin ratio: Return relative to average drawdown	7.29	7.95	-0.66

CSEIX vs. REEIX - Sharpe Ratio Comparison

The current CSEIX Sharpe Ratio is 1.18, which is comparable to the REEIX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of CSEIX and REEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSEIX vs. REEIX - Drawdown Comparison

The maximum CSEIX drawdown since its inception was -72.58%, which is greater than REEIX's maximum drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for CSEIX and REEIX.

Drawdown Indicators

	CSEIX	REEIX	Difference
Max Drawdown Largest peak-to-trough decline	-72.58%	-35.90%	-36.68%
Max Drawdown (1Y) Largest decline over 1 year	-7.92%	-15.07%	+7.15%
Max Drawdown (3Y) Largest decline over 3 years	-17.31%	-17.32%	+0.01%
Max Drawdown (5Y) Largest decline over 5 years	-33.25%	-29.18%	-4.07%
Max Drawdown (10Y) Largest decline over 10 years	-42.75%	-35.90%	-6.85%
Current Drawdown Current decline from peak	-1.70%	-9.05%	+7.35%
Average Drawdown Average peak-to-trough decline	-10.68%	-10.05%	-0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	4.52%	-2.12%

Volatility

CSEIX vs. REEIX - Volatility Comparison

The current volatility for Cohen & Steers Real Estate Securities Fund, Inc. (CSEIX) is 4.24%, while RBC Emerging Markets Equity Fund (REEIX) has a volatility of 10.00%. This indicates that CSEIX experiences smaller price fluctuations and is considered to be less risky than REEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSEIX	REEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	10.00%	-5.76%
Volatility (6M) Calculated over the trailing 6-month period	11.15%	22.33%	-11.18%
Volatility (1Y) Calculated over the trailing 1-year period	14.11%	24.23%	-10.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.94%	18.47%	+0.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.99%	17.77%	+3.22%

CSEIX vs. REEIX - Expense Ratio Comparison

CSEIX has a 1.10% expense ratio, which is higher than REEIX's 0.88% expense ratio.

Dividends

CSEIX vs. REEIX - Dividend Comparison

CSEIX's dividend yield for the trailing twelve months is around 3.16%, more than REEIX's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
REEIX RBC Emerging Markets Equity Fund	2.81%	3.29%	1.52%	1.59%	1.35%	2.81%	1.00%	3.11%	8.35%	0.90%	1.18%	2.51%

Frequently Asked Questions

Can I hold both CSEIX and REEIX in my portfolio?

CSEIX and REEIX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSEIX or REEIX?

REEIX has higher volatility (10.00%) compared to CSEIX (4.24%). In terms of maximum drawdown, CSEIX dropped -72.58% vs REEIX's -35.90%.

Which has better risk-adjusted returns?

REEIX currently has the higher Sharpe Ratio (1.49 vs 1.18), 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.