MGLIX vs. SREZX

Last updated Jun 4, 2026

MGLIX (MFS Global Real Estate Fund) and SREZX (PGIM Select Real Estate Fund) are both REIT funds. Over the past 10 years, MGLIX returned 3.81%/yr vs 6.92%/yr for SREZX. Their correlation of 0.94 suggests significant overlap in exposure. MGLIX charges 0.92%/yr vs 1.01%/yr for SREZX.

Performance

MGLIX vs. SREZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Global Real Estate Fund (MGLIX) and PGIM Select Real Estate Fund (SREZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MGLIX achieves a 5.59% return, which is significantly lower than SREZX's 9.09% return. Over the past 10 years, MGLIX has underperformed SREZX with an annualized return of 3.81%, while SREZX has yielded a comparatively higher 6.92% annualized return.

MGLIX

• 1D: 0.35%
• 1M: -0.41%
• YTD: 5.59%
• 6M: 5.70%
• 1Y: 6.92%
• 3Y*: 5.24%
• 5Y*: -0.51%
• 10Y*: 3.81%

SREZX

• 1D: 0.34%
• 1M: -2.25%
• YTD: 9.09%
• 6M: 8.05%
• 1Y: 12.68%
• 3Y*: 10.91%
• 5Y*: 3.18%
• 10Y*: 6.92%

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

MGLIX vs. SREZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MGLIX MFS Global Real Estate Fund	5.59%	3.60%	-2.85%	11.32%	-26.94%	29.71%	2.18%	26.29%	-3.68%	10.26%
SREZX PGIM Select Real Estate Fund	9.09%	7.31%	6.58%	13.02%	-26.16%	28.83%	3.63%	30.87%	-4.12%	10.38%

Correlation

The correlation between MGLIX and SREZX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Aug 5, 2014	0.94

The correlation between MGLIX and SREZX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

MGLIX vs. SREZX — Risk / Return Rank

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

MGLIX

MGLIX Risk / Return Rank: 7
MGLIX Sharpe Ratio Rank: 7
MGLIX Sortino Ratio Rank: 7
MGLIX Omega Ratio Rank: 7
MGLIX Calmar Ratio Rank: 7
MGLIX Martin Ratio Rank: 8

SREZX

SREZX Risk / Return Rank: 14
SREZX Sharpe Ratio Rank: 13
SREZX Sortino Ratio Rank: 13
SREZX Omega Ratio Rank: 13
SREZX Calmar Ratio Rank: 14
SREZX Martin Ratio Rank: 16

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.

MGLIX vs. SREZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Global Real Estate Fund (MGLIX) and PGIM Select Real Estate Fund (SREZX). 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.

	MGLIX	SREZX	Difference
Sharpe ratio: Return per unit of total volatility	0.55	1.01	-0.45
Sortino ratio: Return per unit of downside risk	0.83	1.43	-0.60
Omega ratio: Gain probability vs. loss probability	1.10	1.18	-0.08
Calmar ratio: Return relative to maximum drawdown	0.62	1.27	-0.65
Martin ratio: Return relative to average drawdown	2.24	4.47	-2.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MGLIX vs. SREZX - Sharpe Ratio Comparison

The current MGLIX Sharpe Ratio is 0.55, which is lower than the SREZX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of MGLIX and SREZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MGLIX	SREZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	1.01	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.19	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.40	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.40	+0.02

Drawdowns

MGLIX vs. SREZX - Drawdown Comparison

The maximum MGLIX drawdown since its inception was -38.55%, roughly equal to the maximum SREZX drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for MGLIX and SREZX.

Drawdown Indicators

	MGLIX	SREZX	Difference
Max Drawdown Largest peak-to-trough decline	-38.55%	-39.13%	+0.58%
Max Drawdown (1Y) Largest decline over 1 year	-10.69%	-9.60%	-1.09%
Max Drawdown (3Y) Largest decline over 3 years	-21.41%	-18.15%	-3.26%
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	-34.10%	-0.91%
Max Drawdown (10Y) Largest decline over 10 years	-38.55%	-39.13%	+0.58%
Current Drawdown Current decline from peak	-13.57%	-3.97%	-9.60%
Average Drawdown Average peak-to-trough decline	-10.73%	-7.78%	-2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.73%	+0.22%

Volatility

MGLIX vs. SREZX - Volatility Comparison

MFS Global Real Estate Fund (MGLIX) and PGIM Select Real Estate Fund (SREZX) have volatilities of 3.53% and 3.52%, 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

	MGLIX	SREZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.53%	3.52%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	9.00%	9.22%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	12.18%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.53%	16.46%	+0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.82%	17.34%	-0.52%

MGLIX vs. SREZX - Expense Ratio Comparison

MGLIX has a 0.92% expense ratio, which is lower than SREZX's 1.01% expense ratio.

Dividends

MGLIX vs. SREZX - Dividend Comparison

MGLIX's dividend yield for the trailing twelve months is around 3.07%, more than SREZX's 2.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MGLIX MFS Global Real Estate Fund	3.07%	3.24%	2.59%	1.86%	5.97%	2.12%	1.00%	5.79%	3.15%	1.87%	5.62%	7.40%
SREZX PGIM Select Real Estate Fund	2.28%	2.50%	2.55%	2.81%	1.59%	4.54%	2.12%	3.41%	4.58%	1.36%	4.15%	6.11%

Frequently Asked Questions

Can I hold both MGLIX and SREZX in my portfolio?

With a correlation of 0.94, MGLIX and SREZX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MGLIX or SREZX?

MGLIX has higher volatility (3.53%) compared to SREZX (3.52%). In terms of maximum drawdown, MGLIX dropped -38.55% vs SREZX's -39.13%.

Which has better risk-adjusted returns?

SREZX currently has the higher Sharpe Ratio (1.01 vs 0.55), 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.