JAREX vs. VGSNX
Compare and contrast key facts about Easterly Global Real Estate Fund (JAREX) and Vanguard Real Estate Index Fund Institutional Shares (VGSNX).
JAREX is managed by James Alpha Advisors. It was launched on Oct 25, 2009. VGSNX is managed by Vanguard. It was launched on Dec 2, 2003.
Performance
JAREX vs. VGSNX - Performance Comparison
Loading graphics...
JAREX vs. VGSNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAREX Easterly Global Real Estate Fund | -1.25% | 5.33% | 0.44% | 6.88% | -24.45% | 21.95% | -2.02% | 33.87% | -7.40% | 16.80% |
VGSNX Vanguard Real Estate Index Fund Institutional Shares | -0.23% | 3.21% | 3.72% | 13.12% | -26.19% | 40.46% | -4.76% | 28.98% | -5.97% | 4.90% |
Returns By Period
In the year-to-date period, JAREX achieves a -1.25% return, which is significantly lower than VGSNX's -0.23% return. Over the past 10 years, JAREX has underperformed VGSNX with an annualized return of 4.10%, while VGSNX has yielded a comparatively higher 4.49% annualized return.
JAREX
- 1D
- 0.22%
- 1M
- -11.08%
- YTD
- -1.25%
- 6M
- -3.47%
- 1Y
- 2.05%
- 3Y*
- 3.83%
- 5Y*
- -1.10%
- 10Y*
- 4.10%
VGSNX
- 1D
- 0.37%
- 1M
- -7.74%
- YTD
- -0.23%
- 6M
- -2.62%
- 1Y
- 0.33%
- 3Y*
- 5.88%
- 5Y*
- 2.88%
- 10Y*
- 4.49%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JAREX vs. VGSNX - Expense Ratio Comparison
JAREX has a 1.36% expense ratio, which is higher than VGSNX's 0.10% expense ratio.
Return for Risk
JAREX vs. VGSNX — Risk / Return Rank
JAREX
VGSNX
JAREX vs. VGSNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Easterly Global Real Estate Fund (JAREX) and Vanguard Real Estate Index Fund Institutional Shares (VGSNX). 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.
| JAREX | VGSNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.13 | 0.07 | +0.06 |
Sortino ratioReturn per unit of downside risk | 0.28 | 0.21 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.03 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.14 | 0.09 | +0.06 |
Martin ratioReturn relative to average drawdown | 0.42 | 0.35 | +0.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JAREX | VGSNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 0.07 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.15 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.22 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.26 | +0.08 |
Correlation
The correlation between JAREX and VGSNX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JAREX vs. VGSNX - Dividend Comparison
JAREX's dividend yield for the trailing twelve months is around 2.80%, less than VGSNX's 4.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAREX Easterly Global Real Estate Fund | 2.80% | 3.25% | 2.98% | 2.16% | 5.76% | 10.54% | 6.95% | 13.63% | 11.79% | 10.05% | 8.78% | 10.96% |
VGSNX Vanguard Real Estate Index Fund Institutional Shares | 4.01% | 3.94% | 3.87% | 3.93% | 3.94% | 2.57% | 3.95% | 3.40% | 4.75% | 4.26% | 4.84% | 3.94% |
Drawdowns
JAREX vs. VGSNX - Drawdown Comparison
The maximum JAREX drawdown since its inception was -40.58%, smaller than the maximum VGSNX drawdown of -73.06%. Use the drawdown chart below to compare losses from any high point for JAREX and VGSNX.
Loading graphics...
Drawdown Indicators
| JAREX | VGSNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.58% | -73.06% | +32.48% |
Max Drawdown (1Y)Largest decline over 1 year | -12.16% | -12.41% | +0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -35.05% | -34.39% | -0.66% |
Max Drawdown (10Y)Largest decline over 10 years | -40.58% | -42.30% | +1.72% |
Current DrawdownCurrent decline from peak | -16.40% | -10.83% | -5.57% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -13.37% | +4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | 3.16% | +1.02% |
Volatility
JAREX vs. VGSNX - Volatility Comparison
Easterly Global Real Estate Fund (JAREX) has a higher volatility of 4.57% compared to Vanguard Real Estate Index Fund Institutional Shares (VGSNX) at 4.16%. This indicates that JAREX's price experiences larger fluctuations and is considered to be riskier than VGSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JAREX | VGSNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.57% | 4.16% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 8.32% | 9.14% | -0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 16.31% | -1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.41% | 18.88% | -2.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 20.91% | -3.55% |