IRFIX vs. GREIX
IRFIX (Cohen & Steers International Realty Fund) and GREIX (Goldman Sachs Real Estate Securities Fund) are both REIT funds. Over the past 10 years, IRFIX returned 3.10%/yr vs 5.53%/yr for GREIX. A 0.53 correlation means they provide meaningful diversification when combined. IRFIX charges 1.00%/yr vs 0.91%/yr for GREIX.
Performance
IRFIX vs. GREIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IRFIX achieves a -2.41% return, which is significantly lower than GREIX's 12.74% return. Over the past 10 years, IRFIX has underperformed GREIX with an annualized return of 3.10%, while GREIX has yielded a comparatively higher 5.53% annualized return.
IRFIX
- 1D
- -0.34%
- 1M
- -2.83%
- YTD
- -2.41%
- 6M
- -2.30%
- 1Y
- 2.34%
- 3Y*
- 6.23%
- 5Y*
- -3.72%
- 10Y*
- 3.10%
GREIX
- 1D
- 1.24%
- 1M
- 0.10%
- YTD
- 12.74%
- 6M
- 13.25%
- 1Y
- 10.21%
- 3Y*
- 12.77%
- 5Y*
- 4.05%
- 10Y*
- 5.53%
IRFIX vs. GREIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IRFIX Cohen & Steers International Realty Fund | -2.41% | 23.52% | -10.56% | 4.58% | -23.84% | 7.66% | -0.81% | 23.74% | -3.74% | 23.38% |
GREIX Goldman Sachs Real Estate Securities Fund | 12.74% | -0.70% | 11.77% | 17.05% | -28.76% | 44.65% | -7.53% | 25.70% | -5.03% | 2.55% |
Correlation
The correlation between IRFIX and GREIX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2005 | 0.53 |
The correlation between IRFIX and GREIX has been stable across timeframes, ranging from 0.46 to 0.55 - 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
IRFIX vs. GREIX — Risk / Return Rank
IRFIX
GREIX
IRFIX vs. GREIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers International Realty Fund (IRFIX) and Goldman Sachs Real Estate Securities Fund (GREIX). 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.
| IRFIX | GREIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.15 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 1.45 | -1.24 |
| Martin ratioReturn relative to average drawdown | 0.58 | 4.12 | -3.54 |
Loading charts...
Drawdowns
IRFIX vs. GREIX - Drawdown Comparison
The maximum IRFIX drawdown since its inception was -70.13%, smaller than the maximum GREIX drawdown of -74.21%. Use the drawdown chart below to compare losses from any high point for IRFIX and GREIX.
Loading charts...
Drawdown Indicators
| IRFIX | GREIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.13% | -74.21% | +4.08% |
Max Drawdown (1Y)Largest decline over 1 year | -14.85% | -8.13% | -6.72% |
Max Drawdown (3Y)Largest decline over 3 years | -21.06% | -16.73% | -4.33% |
Max Drawdown (5Y)Largest decline over 5 years | -38.24% | -34.43% | -3.81% |
Max Drawdown (10Y)Largest decline over 10 years | -39.51% | -42.98% | +3.47% |
Current DrawdownCurrent decline from peak | -18.71% | -1.71% | -17.00% |
Average DrawdownAverage peak-to-trough decline | -18.65% | -12.78% | -5.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.42% | 2.85% | +2.57% |
Volatility
IRFIX vs. GREIX - Volatility Comparison
The current volatility for Cohen & Steers International Realty Fund (IRFIX) is 3.50%, while Goldman Sachs Real Estate Securities Fund (GREIX) has a volatility of 5.11%. This indicates that IRFIX experiences smaller price fluctuations and is considered to be less risky than GREIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IRFIX | GREIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 5.11% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.98% | 10.36% | +0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.20% | 13.94% | -0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.34% | 19.40% | -4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 21.02% | -5.37% |
IRFIX vs. GREIX - Expense Ratio Comparison
IRFIX has a 1.00% expense ratio, which is higher than GREIX's 0.91% expense ratio.
Dividends
IRFIX vs. GREIX - Dividend Comparison
IRFIX's dividend yield for the trailing twelve months is around 6.32%, less than GREIX's 32.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GREIX Goldman Sachs Real Estate Securities Fund | 32.84% | 35.97% | 12.22% | 4.00% | 3.54% | 6.27% | 10.16% | 18.31% | 17.65% | 20.54% | 12.29% | 4.46% |
IRFIX Cohen & Steers International Realty Fund | 6.32% | 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 GREIX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GREIX has higher volatility (5.11%) compared to IRFIX (3.50%). In terms of maximum drawdown, IRFIX dropped -70.13% vs GREIX's -74.21%.
GREIX currently has the higher Sharpe Ratio (0.85 vs 0.24), 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 IRFIX and GREIX
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