FARCX vs. PURZX
FARCX (Nuveen Real Estate Securities Fund) and PURZX (PGIM Global Real Estate Fund) are both REIT funds. Over the past 10 years, FARCX returned 5.73%/yr vs 4.49%/yr for PURZX. Their correlation of 0.90 suggests significant overlap in exposure. FARCX charges 0.97%/yr vs 0.93%/yr for PURZX.
Performance
FARCX vs. PURZX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FARCX achieves a 14.50% return, which is significantly higher than PURZX's 10.30% return. Over the past 10 years, FARCX has outperformed PURZX with an annualized return of 5.73%, while PURZX has yielded a comparatively lower 4.49% annualized return.
FARCX
- 1D
- 1.17%
- 1M
- -0.24%
- YTD
- 14.50%
- 6M
- 15.11%
- 1Y
- 15.30%
- 3Y*
- 11.71%
- 5Y*
- 4.18%
- 10Y*
- 5.73%
PURZX
- 1D
- 0.81%
- 1M
- -0.53%
- YTD
- 10.30%
- 6M
- 10.40%
- 1Y
- 12.60%
- 3Y*
- 11.84%
- 5Y*
- 2.14%
- 10Y*
- 4.49%
FARCX vs. PURZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FARCX Nuveen Real Estate Securities Fund | 14.50% | 2.56% | 6.04% | 11.55% | -24.57% | 41.57% | -6.14% | 25.63% | -5.57% | 5.67% |
PURZX PGIM Global Real Estate Fund | 10.30% | 9.22% | 3.64% | 11.24% | -26.73% | 27.91% | -4.39% | 20.60% | -5.32% | 10.36% |
Correlation
The correlation between FARCX and PURZX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since May 6, 1998 | 0.90 |
The correlation between FARCX and PURZX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.
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
FARCX vs. PURZX — Risk / Return Rank
FARCX
PURZX
FARCX vs. PURZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Real Estate Securities Fund (FARCX) and PGIM Global Real Estate Fund (PURZX). 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.
| FARCX | PURZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 1.39 | +0.78 |
| Martin ratioReturn relative to average drawdown | 6.99 | 5.04 | +1.96 |
Loading charts...
Drawdowns
FARCX vs. PURZX - Drawdown Comparison
The maximum FARCX drawdown since its inception was -70.62%, roughly equal to the maximum PURZX drawdown of -69.49%. Use the drawdown chart below to compare losses from any high point for FARCX and PURZX.
Loading charts...
Drawdown Indicators
| FARCX | PURZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.62% | -69.49% | -1.13% |
Max Drawdown (1Y)Largest decline over 1 year | -7.83% | -10.16% | +2.33% |
Max Drawdown (3Y)Largest decline over 3 years | -17.59% | -18.57% | +0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -31.77% | -34.80% | +3.03% |
Max Drawdown (10Y)Largest decline over 10 years | -41.05% | -41.05% | 0.00% |
Current DrawdownCurrent decline from peak | -1.50% | -2.30% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -10.44% | -11.97% | +1.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 2.79% | -0.37% |
Volatility
FARCX vs. PURZX - Volatility Comparison
Nuveen Real Estate Securities Fund (FARCX) has a higher volatility of 4.93% compared to PGIM Global Real Estate Fund (PURZX) at 4.05%. This indicates that FARCX's price experiences larger fluctuations and is considered to be riskier than PURZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FARCX | PURZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 4.05% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 9.96% | 9.55% | +0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.57% | 12.44% | +1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.38% | 16.35% | +2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.20% | 17.30% | +2.90% |
FARCX vs. PURZX - Expense Ratio Comparison
FARCX has a 0.97% expense ratio, which is higher than PURZX's 0.93% expense ratio.
Dividends
FARCX vs. PURZX - Dividend Comparison
FARCX's dividend yield for the trailing twelve months is around 5.09%, more than PURZX's 2.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FARCX Nuveen Real Estate Securities Fund | 5.09% | 5.77% | 9.34% | 3.30% | 20.25% | 15.12% | 2.89% | 11.46% | 6.19% | 13.43% | 10.99% | 8.24% |
PURZX PGIM Global Real Estate Fund | 2.71% | 2.85% | 2.68% | 2.27% | 2.22% | 16.92% | 1.71% | 10.18% | 4.22% | 3.93% | 4.67% | 3.45% |
Frequently Asked Questions
With a correlation of 0.92, FARCX and PURZX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FARCX has higher volatility (4.93%) compared to PURZX (4.05%). In terms of maximum drawdown, FARCX dropped -70.62% vs PURZX's -69.49%.
FARCX currently has the higher Sharpe Ratio (1.25 vs 1.14), 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 FARCX and PURZX
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