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IRFIX vs. ARIIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

IRFIX vs. ARIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers International Realty Fund (IRFIX) and AB Global Real Estate Investment Fund II (ARIIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IRFIX achieves a -2.08% return, which is significantly lower than ARIIX's 6.29% return. Over the past 10 years, IRFIX has underperformed ARIIX with an annualized return of 2.54%, while ARIIX has yielded a comparatively higher 4.92% annualized return.


IRFIX

1D
-0.22%
1M
-2.51%
YTD
-2.08%
6M
-0.78%
1Y
3.47%
3Y*
4.52%
5Y*
-3.39%
10Y*
2.54%

ARIIX

1D
0.27%
1M
-1.69%
YTD
6.29%
6M
6.89%
1Y
10.63%
3Y*
9.20%
5Y*
2.16%
10Y*
4.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IRFIX vs. ARIIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
IRFIX
Cohen & Steers International Realty Fund
-2.08%23.52%-10.56%4.58%-23.84%7.66%-0.81%23.74%-3.74%23.38%
ARIIX
AB Global Real Estate Investment Fund II
6.29%10.49%2.89%12.50%-25.35%26.57%-4.62%23.44%-4.31%14.43%

Correlation

The correlation between IRFIX and ARIIX is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.69

Correlation (3Y)
Calculated over the trailing 3-year period

0.72

Correlation (5Y)
Calculated over the trailing 5-year period

0.75

Correlation (10Y)
Calculated over the trailing 10-year period

0.72

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2005

0.75

The correlation between IRFIX and ARIIX has been stable across timeframes, ranging from 0.69 to 0.75 - a consistent structural relationship.

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Return for Risk

IRFIX vs. ARIIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IRFIX
IRFIX Risk / Return Rank: 44
Overall Rank
IRFIX Sharpe Ratio Rank: 44
Sharpe Ratio Rank
IRFIX Sortino Ratio Rank: 44
Sortino Ratio Rank
IRFIX Omega Ratio Rank: 44
Omega Ratio Rank
IRFIX Calmar Ratio Rank: 44
Calmar Ratio Rank
IRFIX Martin Ratio Rank: 44
Martin Ratio Rank

ARIIX
ARIIX Risk / Return Rank: 1111
Overall Rank
ARIIX Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
ARIIX Sortino Ratio Rank: 1111
Sortino Ratio Rank
ARIIX Omega Ratio Rank: 1111
Omega Ratio Rank
ARIIX Calmar Ratio Rank: 1010
Calmar Ratio Rank
ARIIX Martin Ratio Rank: 1313
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IRFIX vs. ARIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers International Realty Fund (IRFIX) and AB Global Real Estate Investment Fund II (ARIIX). 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.


IRFIXARIIXDifference
Sharpe ratioReturn per unit of total volatility

-0.59

Sortino ratioReturn per unit of downside risk

-0.75

Omega ratioGain probability vs. loss probability

1.06

1.16

-0.10

Calmar ratioReturn relative to maximum drawdown

0.23

0.96

-0.73

Martin ratioReturn relative to average drawdown

0.63

3.42

-2.79

IRFIX vs. ARIIX - Sharpe Ratio Comparison

The current IRFIX Sharpe Ratio is 0.26, which is lower than the ARIIX Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of IRFIX and ARIIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

IRFIX vs. ARIIX - Drawdown Comparison

The maximum IRFIX drawdown since its inception was -70.13%, roughly equal to the maximum ARIIX drawdown of -70.35%. Use the drawdown chart below to compare losses from any high point for IRFIX and ARIIX.


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Drawdown Indicators


IRFIXARIIXDifference

Max Drawdown

Largest peak-to-trough decline

-70.13%

-70.35%

+0.22%

Max Drawdown (1Y)

Largest decline over 1 year

-14.85%

-10.76%

-4.09%

Max Drawdown (3Y)

Largest decline over 3 years

-21.06%

-17.13%

-3.93%

Max Drawdown (5Y)

Largest decline over 5 years

-38.24%

-33.83%

-4.41%

Max Drawdown (10Y)

Largest decline over 10 years

-39.51%

-42.30%

+2.79%

Current Drawdown

Current decline from peak

-18.43%

-4.35%

-14.08%

Average Drawdown

Average peak-to-trough decline

-18.65%

-12.76%

-5.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.36%

3.03%

+2.33%

Volatility

IRFIX vs. ARIIX - Volatility Comparison

The current volatility for Cohen & Steers International Realty Fund (IRFIX) is 3.57%, while AB Global Real Estate Investment Fund II (ARIIX) has a volatility of 4.10%. This indicates that IRFIX experiences smaller price fluctuations and is considered to be less risky than ARIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IRFIXARIIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.57%

4.10%

-0.53%

Volatility (6M)

Calculated over the trailing 6-month period

10.98%

9.41%

+1.57%

Volatility (1Y)

Calculated over the trailing 1-year period

13.19%

12.18%

+1.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.34%

16.32%

-0.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.67%

17.64%

-1.97%

IRFIX vs. ARIIX - Expense Ratio Comparison

IRFIX has a 1.00% expense ratio, which is higher than ARIIX's 0.74% expense ratio.


Dividends

IRFIX vs. ARIIX - Dividend Comparison

IRFIX's dividend yield for the trailing twelve months is around 6.30%, more than ARIIX's 4.14% yield.


PositionTTM20252024202320222021202020192018201720162015
ARIIX
AB Global Real Estate Investment Fund II
4.14%3.77%2.99%3.34%5.98%4.38%1.54%8.58%4.72%5.59%5.20%3.45%
IRFIX
Cohen & Steers International Realty Fund
6.30%6.17%3.24%2.62%2.62%7.70%3.40%9.81%4.19%3.37%6.46%3.36%

Frequently Asked Questions


IRFIX and ARIIX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ARIIX has higher volatility (4.10%) compared to IRFIX (3.57%). In terms of maximum drawdown, IRFIX dropped -70.13% vs ARIIX's -70.35%.

ARIIX currently has the higher Sharpe Ratio (0.85 vs 0.26), 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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