HYT vs. RFI
HYT (BlackRock Corporate High Yield Fund) and RFI (Cohen & Steers Total Return Realty Fund) are both mutual funds - HYT is a High Yield Bonds fund actively managed by BlackRock, while RFI is a REIT fund managed by Cohen & Steers. Over the past 10 years, HYT returned 7.34%/yr vs 6.63%/yr for RFI. At a 0.36 correlation, their price movements are largely independent.
Performance
HYT vs. RFI - Performance Comparison
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Returns By Period
In the year-to-date period, HYT achieves a 1.45% return, which is significantly lower than RFI's 5.53% return. Over the past 10 years, HYT has outperformed RFI with an annualized return of 7.34%, while RFI has yielded a comparatively lower 6.63% annualized return.
HYT
- 1D
- 0.12%
- 1M
- 0.21%
- YTD
- 1.45%
- 6M
- -3.62%
- 1Y
- -1.11%
- 3Y*
- 10.09%
- 5Y*
- 2.64%
- 10Y*
- 7.34%
RFI
- 1D
- -1.14%
- 1M
- -2.93%
- YTD
- 5.53%
- 6M
- 5.38%
- 1Y
- 1.83%
- 3Y*
- 7.82%
- 5Y*
- 0.61%
- 10Y*
- 6.63%
HYT vs. RFI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HYT BlackRock Corporate High Yield Fund | 1.45% | 0.06% | 14.43% | 19.92% | -22.58% | 16.62% | 11.55% | 31.19% | -7.81% | 8.99% |
RFI Cohen & Steers Total Return Realty Fund | 5.53% | 3.55% | 6.63% | 4.36% | -22.13% | 39.21% | -0.79% | 44.46% | -8.89% | 13.91% |
Correlation
The correlation between HYT and RFI is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since May 30, 2003 | 0.36 |
The correlation between HYT and RFI shifts across timeframes, from 0.25 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
HYT vs. RFI — Risk / Return Rank
HYT
RFI
HYT vs. RFI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Corporate High Yield Fund (HYT) and Cohen & Steers Total Return Realty Fund (RFI). 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.
| HYT | RFI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.04 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | 0.19 | -0.30 |
| Martin ratioReturn relative to average drawdown | -0.27 | 0.45 | -0.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HYT | RFI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.11 | 0.15 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.03 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.26 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.33 | +0.09 |
Drawdowns
HYT vs. RFI - Drawdown Comparison
The maximum HYT drawdown since its inception was -56.95%, smaller than the maximum RFI drawdown of -73.67%. Use the drawdown chart below to compare losses from any high point for HYT and RFI.
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Drawdown Indicators
| HYT | RFI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.95% | -73.67% | +16.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -9.69% | -0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -13.95% | -16.93% | +2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -29.05% | -34.38% | +5.33% |
Max Drawdown (10Y)Largest decline over 10 years | -42.59% | -50.51% | +7.92% |
Current DrawdownCurrent decline from peak | -4.65% | -5.64% | +0.99% |
Average DrawdownAverage peak-to-trough decline | -5.91% | -12.11% | +6.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 4.10% | +0.09% |
Volatility
HYT vs. RFI - Volatility Comparison
The current volatility for BlackRock Corporate High Yield Fund (HYT) is 2.64%, while Cohen & Steers Total Return Realty Fund (RFI) has a volatility of 4.28%. This indicates that HYT experiences smaller price fluctuations and is considered to be less risky than RFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYT | RFI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 4.28% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 8.01% | 9.74% | -1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.01% | 12.03% | -2.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 20.28% | -5.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.94% | 25.16% | -8.22% |
Dividends
HYT vs. RFI - Dividend Comparison
HYT's dividend yield for the trailing twelve months is around 10.84%, more than RFI's 8.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYT BlackRock Corporate High Yield Fund | 10.84% | 10.50% | 9.53% | 9.91% | 9.80% | 7.58% | 8.18% | 7.92% | 9.20% | 7.68% | 8.23% | 10.18% |
RFI Cohen & Steers Total Return Realty Fund | 8.53% | 8.69% | 8.29% | 8.17% | 10.02% | 6.82% | 7.61% | 6.63% | 8.93% | 7.52% | 7.93% | 10.36% |
Frequently Asked Questions
HYT and RFI have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RFI has higher volatility (4.28%) compared to HYT (2.64%). In terms of maximum drawdown, HYT dropped -56.95% vs RFI's -73.67%.
RFI currently has the higher Sharpe Ratio (0.15 vs -0.11), 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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