IYRI vs. RLTY
IYRI (NEOS Real Estate High Income ETF) is Derivative Income fund actively managed by Neos, while RLTY (Cohen & Steers Real Estate Opportunities & Income Fund) is a stock. Over the past year, IYRI returned 12.34% vs 13.10% for RLTY. Their 0.72 correlation means they have sometimes moved together and sometimes differently.
Performance
IYRI vs. RLTY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IYRI achieves a 9.45% return, which is significantly lower than RLTY's 13.69% return.
IYRI
- 1D
- -0.34%
- 1M
- 1.23%
- 6M
- 6.89%
- YTD
- 9.45%
- 1Y
- 12.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.81%
RLTY
- 1D
- -0.38%
- 1M
- 0.75%
- 6M
- 10.52%
- YTD
- 13.69%
- 1Y
- 13.10%
- 3Y*
- 12.56%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.30M | $3.47M | $3.75M | |
| $847.93K | $984.15K | $858.81K |
IYRI vs. RLTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IYRI NEOS Real Estate High Income ETF | 9.45% | 6.99% |
RLTY Cohen & Steers Real Estate Opportunities & Income Fund | 13.69% | 9.14% |
Correlation
The correlation between IYRI and RLTY is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2025 | 0.72 |
The correlation between IYRI and RLTY has been stable across timeframes, ranging from 0.71 to 0.72 - 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
IYRI vs. RLTY — Risk / Return Rank
IYRI
RLTY
IYRI vs. RLTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Real Estate High Income ETF (IYRI) and Cohen & Steers Real Estate Opportunities & Income Fund (RLTY). 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.
| IYRI | RLTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.19 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.18 | +0.36 |
| Martin ratioReturn relative to average drawdown | 5.62 | 3.93 | +1.69 |
Loading charts...
Drawdowns
IYRI vs. RLTY - Drawdown Comparison
The maximum IYRI drawdown since its inception was -12.12%, smaller than the maximum RLTY drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for IYRI and RLTY.
Loading charts...
Drawdown Indicators
| IYRI | RLTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.12% | -35.44% | +23.32% |
Max Drawdown (1Y)Largest decline over 1 year | -7.53% | -11.40% | +3.87% |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.81% | — |
Current DrawdownCurrent decline from peak | -0.83% | -1.91% | +1.08% |
Average DrawdownAverage peak-to-trough decline | -1.60% | -13.28% | +11.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 3.42% | -1.36% |
Volatility
IYRI vs. RLTY - Volatility Comparison
The current volatility for NEOS Real Estate High Income ETF (IYRI) is 2.97%, while Cohen & Steers Real Estate Opportunities & Income Fund (RLTY) has a volatility of 3.27%. This indicates that IYRI experiences smaller price fluctuations and is considered to be less risky than RLTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IYRI | RLTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 3.27% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 8.17% | 10.45% | -2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.77% | 13.08% | -2.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.01% | 22.45% | -9.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.01% | 22.45% | -9.44% |
Dividends
IYRI vs. RLTY - Dividend Comparison
IYRI's dividend yield for the trailing twelve months is around 10.84%, more than RLTY's 8.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IYRI NEOS Real Estate High Income ETF | 10.84% | 11.72% | 0.00% | 0.00% | 0.00% |
RLTY Cohen & Steers Real Estate Opportunities & Income Fund | 8.30% | 8.98% | 8.93% | 9.18% | 6.94% |
Frequently Asked Questions
IYRI and RLTY have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RLTY has higher volatility (3.27%) compared to IYRI (2.97%). In terms of maximum drawdown, IYRI dropped -12.12% vs RLTY's -35.44%.
IYRI currently has the higher Sharpe Ratio (1.08 vs 1.03), 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 IYRI and RLTY
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