DRLIX vs. DQEIX
DRLIX (BNY Mellon Global Real Estate Securities Fund) and DQEIX (BNY Mellon Global Equity Income Fund) are both mutual funds - DRLIX is a REIT fund managed by Dreyfus, while DQEIX is a Dividend fund managed by Dreyfus. Over the past 10 years, DRLIX returned 4.98%/yr vs 10.27%/yr for DQEIX. Their 0.72 correlation means they have sometimes moved together and sometimes differently. DRLIX charges 1.05%/yr vs 0.92%/yr for DQEIX.
Performance
DRLIX vs. DQEIX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with DRLIX having a 15.14% return and DQEIX slightly lower at 14.89%. Over the past 10 years, DRLIX has underperformed DQEIX with an annualized return of 4.98%, while DQEIX has yielded a comparatively higher 10.27% annualized return.
DRLIX
- 1D
- -0.20%
- 1M
- 2.29%
- 6M
- 11.35%
- YTD
- 15.14%
- 1Y
- 20.26%
- 3Y*
- 10.50%
- 5Y*
- 2.97%
- 10Y*
- 4.98%
- ALL TIME*
- 4.09%
DQEIX
- 1D
- 0.49%
- 1M
- 0.84%
- 6M
- 8.24%
- YTD
- 14.89%
- 1Y
- 27.91%
- 3Y*
- 14.73%
- 5Y*
- 10.83%
- 10Y*
- 10.27%
- ALL TIME*
- 7.61%
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 |
DRLIX vs. DQEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRLIX BNY Mellon Global Real Estate Securities Fund | 15.14% | 9.12% | 3.21% | 11.35% | -23.24% | 26.95% | -2.30% | 23.05% | -4.57% | 11.24% |
DQEIX BNY Mellon Global Equity Income Fund | 14.89% | 24.64% | 6.54% | 9.70% | -3.72% | 14.32% | 5.62% | 25.80% | -5.61% | 18.18% |
Correlation
The correlation between DRLIX and DQEIX is 0.67, 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. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2007 | 0.72 |
The correlation between DRLIX and DQEIX has been stable across timeframes, ranging from 0.67 to 0.73 - a consistent structural relationship.
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Return for Risk
DRLIX vs. DQEIX — Risk / Return Rank
DRLIX
DQEIX
DRLIX vs. DQEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Global Real Estate Securities Fund (DRLIX) and BNY Mellon Global Equity Income Fund (DQEIX). 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.
| DRLIX | DQEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.41 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 2.54 | -0.71 |
| Martin ratioReturn relative to average drawdown | 6.85 | 9.34 | -2.49 |
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Drawdowns
DRLIX vs. DQEIX - Drawdown Comparison
The maximum DRLIX drawdown since its inception was -68.86%, which is greater than DQEIX's maximum drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for DRLIX and DQEIX.
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Drawdown Indicators
| DRLIX | DQEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.86% | -52.75% | -16.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.13% | -9.74% | -0.39% |
Max Drawdown (3Y)Largest decline over 3 years | -17.55% | -13.21% | -4.34% |
Max Drawdown (5Y)Largest decline over 5 years | -31.86% | -18.65% | -13.21% |
Max Drawdown (10Y)Largest decline over 10 years | -41.82% | -32.69% | -9.13% |
Current DrawdownCurrent decline from peak | -0.61% | -0.14% | -0.47% |
Average DrawdownAverage peak-to-trough decline | -14.24% | -7.14% | -7.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 2.65% | +0.05% |
Volatility
DRLIX vs. DQEIX - Volatility Comparison
BNY Mellon Global Real Estate Securities Fund (DRLIX) has a higher volatility of 3.20% compared to BNY Mellon Global Equity Income Fund (DQEIX) at 3.00%. This indicates that DRLIX's price experiences larger fluctuations and is considered to be riskier than DQEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRLIX | DQEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.20% | 3.00% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 9.69% | 9.02% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.96% | 11.07% | +0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.39% | 12.90% | +3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.61% | 14.54% | +3.07% |
DRLIX vs. DQEIX - Expense Ratio Comparison
DRLIX has a 1.05% expense ratio, which is higher than DQEIX's 0.92% expense ratio.
Dividends
DRLIX vs. DQEIX - Dividend Comparison
DRLIX's dividend yield for the trailing twelve months is around 2.70%, less than DQEIX's 11.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DQEIX BNY Mellon Global Equity Income Fund | 11.69% | 13.55% | 12.56% | 7.65% | 14.39% | 12.69% | 1.97% | 3.41% | 10.50% | 5.32% | 5.83% | 6.94% |
DRLIX BNY Mellon Global Real Estate Securities Fund | 2.70% | 3.11% | 2.08% | 1.70% | 7.68% | 8.25% | 1.47% | 11.17% | 4.63% | 4.72% | 5.73% | 5.40% |
Frequently Asked Questions
DRLIX and DQEIX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRLIX has higher volatility (3.20%) compared to DQEIX (3.00%). In terms of maximum drawdown, DRLIX dropped -68.86% vs DQEIX's -52.75%.
DQEIX currently has the higher Sharpe Ratio (2.24 vs 1.55), 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.
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