JIREX vs. CSDIX

Last updated Jun 25, 2026

JIREX (JHancock Real Estate Securities Fund) and CSDIX (Cohen & Steers Real Estate Securities Fund CLASS I) are both REIT funds. Over the past 10 years, JIREX returned 5.72%/yr vs 7.41%/yr for CSDIX. With a 0.97 correlation, they move nearly in lockstep. JIREX charges 0.85%/yr vs 0.84%/yr for CSDIX.

Performance

JIREX vs. CSDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JHancock Real Estate Securities Fund (JIREX) and Cohen & Steers Real Estate Securities Fund CLASS I (CSDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JIREX having a 14.86% return and CSDIX slightly lower at 14.61%. Over the past 10 years, JIREX has underperformed CSDIX with an annualized return of 5.72%, while CSDIX has yielded a comparatively higher 7.41% annualized return.

JIREX

• 1D: 1.23%
• 1M: 1.97%
• YTD: 14.86%
• 6M: 13.93%
• 1Y: 13.83%
• 3Y*: 12.15%
• 5Y*: 3.75%
• 10Y*: 5.72%

CSDIX

• 1D: 1.23%
• 1M: 0.71%
• YTD: 14.61%
• 6M: 14.61%
• 1Y: 12.98%
• 3Y*: 12.86%
• 5Y*: 4.42%
• 10Y*: 7.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JIREX vs. CSDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JIREX JHancock Real Estate Securities Fund	14.86%	-1.14%	10.74%	12.94%	-28.64%	46.44%	-5.53%	29.33%	-3.46%	4.72%
CSDIX Cohen & Steers Real Estate Securities Fund CLASS I	14.61%	4.32%	6.73%	13.18%	-26.33%	41.70%	-1.74%	31.84%	-4.25%	8.09%

Correlation

The correlation between JIREX and CSDIX is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 14, 2005	0.97

Over the past year, the correlation between JIREX and CSDIX has dropped to 0.73 - well below their long-term average of 0.97, suggesting their price drivers have been diverging.

Return for Risk

JIREX vs. CSDIX — Risk / Return Rank

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

JIREX

JIREX Risk / Return Rank: 30
JIREX Sharpe Ratio Rank: 23
JIREX Sortino Ratio Rank: 23
JIREX Omega Ratio Rank: 21
JIREX Calmar Ratio Rank: 46
JIREX Martin Ratio Rank: 39

CSDIX

CSDIX Risk / Return Rank: 19
CSDIX Sharpe Ratio Rank: 15
CSDIX Sortino Ratio Rank: 14
CSDIX Omega Ratio Rank: 15
CSDIX Calmar Ratio Rank: 26
CSDIX Martin Ratio Rank: 24

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.

JIREX vs. CSDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JHancock Real Estate Securities Fund (JIREX) and Cohen & Steers Real Estate Securities Fund CLASS I (CSDIX). 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.

	JIREX	CSDIX	Difference
Sharpe ratio: Return per unit of total volatility	1.21	0.97	+0.24
Sortino ratio: Return per unit of downside risk	1.76	1.37	+0.39
Omega ratio: Gain probability vs. loss probability	1.21	1.18	+0.03
Calmar ratio: Return relative to maximum drawdown	2.37	1.69	+0.68
Martin ratio: Return relative to average drawdown	7.64	5.02	+2.61

JIREX vs. CSDIX - Sharpe Ratio Comparison

The current JIREX Sharpe Ratio is 1.21, which is comparable to the CSDIX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of JIREX and CSDIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JIREX vs. CSDIX - Drawdown Comparison

The maximum JIREX drawdown since its inception was -73.35%, roughly equal to the maximum CSDIX drawdown of -72.37%. Use the drawdown chart below to compare losses from any high point for JIREX and CSDIX.

Drawdown Indicators

	JIREX	CSDIX	Difference
Max Drawdown Largest peak-to-trough decline	-73.35%	-72.37%	-0.98%
Max Drawdown (1Y) Largest decline over 1 year	-7.36%	-7.91%	+0.55%
Max Drawdown (3Y) Largest decline over 3 years	-20.46%	-17.23%	-3.23%
Max Drawdown (5Y) Largest decline over 5 years	-34.41%	-33.09%	-1.32%
Max Drawdown (10Y) Largest decline over 10 years	-41.23%	-42.68%	+1.45%
Current Drawdown Current decline from peak	0.00%	-0.45%	+0.45%
Average Drawdown Average peak-to-trough decline	-14.79%	-10.92%	-3.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.66%	-0.53%

Volatility

JIREX vs. CSDIX - Volatility Comparison

JHancock Real Estate Securities Fund (JIREX) and Cohen & Steers Real Estate Securities Fund CLASS I (CSDIX) have volatilities of 5.33% and 5.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIREX	CSDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.33%	5.23%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	10.39%	10.65%	-0.26%
Volatility (1Y) Calculated over the trailing 1-year period	14.49%	13.89%	+0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.22%	18.73%	+0.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.08%	20.90%	+0.18%

JIREX vs. CSDIX - Expense Ratio Comparison

JIREX has a 0.85% expense ratio, which is higher than CSDIX's 0.84% expense ratio.

Dividends

JIREX vs. CSDIX - Dividend Comparison

JIREX has not paid dividends to shareholders, while CSDIX's dividend yield for the trailing twelve months is around 3.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSDIX Cohen & Steers Real Estate Securities Fund CLASS I	3.31%	3.72%	2.78%	2.93%	7.67%	4.30%	5.39%	7.62%	3.60%	2.52%	5.84%	19.24%
JIREX JHancock Real Estate Securities Fund	0.00%	0.00%	1.99%	2.37%	13.80%	11.82%	1.92%	8.80%	4.66%	5.89%	8.70%	12.72%

Frequently Asked Questions

Can I hold both JIREX and CSDIX in my portfolio?

JIREX and CSDIX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JIREX or CSDIX?

JIREX has higher volatility (5.33%) compared to CSDIX (5.23%). In terms of maximum drawdown, JIREX dropped -73.35% vs CSDIX's -72.37%.

Which has better risk-adjusted returns?

JIREX currently has the higher Sharpe Ratio (1.21 vs 0.97), 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.