IRFIX vs. RAPZX
IRFIX (Cohen & Steers International Realty Fund) and RAPZX (Cohen & Steers Real Assets Fund Inc) are both mutual funds - IRFIX is a REIT fund managed by Cohen & Steers, while RAPZX is a Global Allocation fund managed by Cohen & Steers. Over the past 10 years, IRFIX returned 3.10%/yr vs 6.62%/yr for RAPZX. A 0.65 correlation means they provide meaningful diversification when combined. IRFIX charges 1.00%/yr vs 0.80%/yr for RAPZX.
Performance
IRFIX vs. RAPZX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IRFIX achieves a -2.41% return, which is significantly lower than RAPZX's 10.45% return. Over the past 10 years, IRFIX has underperformed RAPZX with an annualized return of 3.10%, while RAPZX has yielded a comparatively higher 6.62% 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%
RAPZX
- 1D
- 0.16%
- 1M
- -3.87%
- YTD
- 10.45%
- 6M
- 9.85%
- 1Y
- 12.49%
- 3Y*
- 11.21%
- 5Y*
- 6.87%
- 10Y*
- 6.62%
IRFIX vs. RAPZX - 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% |
RAPZX Cohen & Steers Real Assets Fund Inc | 10.45% | 11.96% | 4.35% | 3.88% | -2.05% | 23.51% | -0.84% | 17.77% | -8.44% | 6.51% |
Correlation
The correlation between IRFIX and RAPZX is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.65 |
The correlation between IRFIX and RAPZX shifts across timeframes, from 0.51 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.
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. RAPZX — Risk / Return Rank
IRFIX
RAPZX
IRFIX vs. RAPZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers International Realty Fund (IRFIX) and Cohen & Steers Real Assets Fund Inc (RAPZX). 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 | RAPZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.24 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 2.10 | -1.89 |
| Martin ratioReturn relative to average drawdown | 0.58 | 6.95 | -6.37 |
Loading charts...
Drawdowns
IRFIX vs. RAPZX - Drawdown Comparison
The maximum IRFIX drawdown since its inception was -70.13%, which is greater than RAPZX's maximum drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for IRFIX and RAPZX.
Loading charts...
Drawdown Indicators
| IRFIX | RAPZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.13% | -30.69% | -39.44% |
Max Drawdown (1Y)Largest decline over 1 year | -14.85% | -5.96% | -8.89% |
Max Drawdown (3Y)Largest decline over 3 years | -21.06% | -8.84% | -12.22% |
Max Drawdown (5Y)Largest decline over 5 years | -38.24% | -19.31% | -18.93% |
Max Drawdown (10Y)Largest decline over 10 years | -39.51% | -30.69% | -8.82% |
Current DrawdownCurrent decline from peak | -18.71% | -4.93% | -13.78% |
Average DrawdownAverage peak-to-trough decline | -18.65% | -8.04% | -10.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.42% | 1.80% | +3.62% |
Volatility
IRFIX vs. RAPZX - Volatility Comparison
Cohen & Steers International Realty Fund (IRFIX) has a higher volatility of 3.50% compared to Cohen & Steers Real Assets Fund Inc (RAPZX) at 2.22%. This indicates that IRFIX's price experiences larger fluctuations and is considered to be riskier than RAPZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IRFIX | RAPZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 2.22% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 10.98% | 8.87% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.20% | 10.32% | +2.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.34% | 12.81% | +2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 12.77% | +2.88% |
IRFIX vs. RAPZX - Expense Ratio Comparison
IRFIX has a 1.00% expense ratio, which is higher than RAPZX's 0.80% expense ratio.
Dividends
IRFIX vs. RAPZX - Dividend Comparison
IRFIX's dividend yield for the trailing twelve months is around 6.32%, more than RAPZX's 1.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RAPZX Cohen & Steers Real Assets Fund Inc | 1.31% | 1.44% | 3.20% | 2.71% | 3.08% | 9.61% | 1.71% | 2.85% | 2.06% | 1.76% | 2.83% | 2.00% |
Frequently Asked Questions
IRFIX and RAPZX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRFIX has higher volatility (3.50%) compared to RAPZX (2.22%). In terms of maximum drawdown, IRFIX dropped -70.13% vs RAPZX's -30.69%.
RAPZX currently has the higher Sharpe Ratio (1.22 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 RAPZX
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