PRKZX vs. CRARX
Compare and contrast key facts about PGIM Real Estate Income Fund (PRKZX) and MainStay CBRE Real Estate Fund (CRARX).
PRKZX is managed by PGIM. It was launched on Jun 3, 2015. CRARX is managed by New York Life. It was launched on Dec 31, 1996.
Performance
PRKZX vs. CRARX - Performance Comparison
Loading graphics...
PRKZX vs. CRARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRKZX PGIM Real Estate Income Fund | 2.05% | 3.74% | 17.55% | 10.54% | -16.17% | 21.17% | -8.68% | 30.19% | -10.05% | 6.55% |
CRARX MainStay CBRE Real Estate Fund | 4.03% | -0.28% | 0.71% | 13.50% | -26.95% | 52.55% | -6.50% | 28.29% | -8.00% | 5.23% |
Returns By Period
In the year-to-date period, PRKZX achieves a 2.05% return, which is significantly lower than CRARX's 4.03% return. Over the past 10 years, PRKZX has outperformed CRARX with an annualized return of 5.37%, while CRARX has yielded a comparatively lower 4.31% annualized return.
PRKZX
- 1D
- 1.10%
- 1M
- -6.62%
- YTD
- 2.05%
- 6M
- -1.91%
- 1Y
- 6.43%
- 3Y*
- 11.23%
- 5Y*
- 5.23%
- 10Y*
- 5.37%
CRARX
- 1D
- 0.67%
- 1M
- -7.02%
- YTD
- 4.03%
- 6M
- 1.92%
- 1Y
- 2.02%
- 3Y*
- 4.89%
- 5Y*
- 3.16%
- 10Y*
- 4.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRKZX vs. CRARX - Expense Ratio Comparison
PRKZX has a 1.38% expense ratio, which is higher than CRARX's 0.83% expense ratio.
Return for Risk
PRKZX vs. CRARX — Risk / Return Rank
PRKZX
CRARX
PRKZX vs. CRARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Real Estate Income Fund (PRKZX) and MainStay CBRE Real Estate Fund (CRARX). 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.
| PRKZX | CRARX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.51 | 0.13 | +0.39 |
Sortino ratioReturn per unit of downside risk | 0.79 | 0.28 | +0.51 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.04 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.72 | 0.26 | +0.47 |
Martin ratioReturn relative to average drawdown | 2.28 | 1.02 | +1.26 |
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
| PRKZX | CRARX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | 0.13 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.17 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.20 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.32 | +0.01 |
Correlation
The correlation between PRKZX and CRARX is 0.86, 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
PRKZX vs. CRARX - Dividend Comparison
PRKZX's dividend yield for the trailing twelve months is around 7.20%, more than CRARX's 1.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRKZX PGIM Real Estate Income Fund | 7.20% | 7.09% | 8.63% | 4.25% | 5.53% | 29.71% | 4.27% | 4.53% | 5.65% | 5.18% | 4.96% | 0.00% |
CRARX MainStay CBRE Real Estate Fund | 1.66% | 2.57% | 1.80% | 3.36% | 34.64% | 4.37% | 1.77% | 15.57% | 30.33% | 21.82% | 8.85% | 7.27% |
Drawdowns
PRKZX vs. CRARX - Drawdown Comparison
The maximum PRKZX drawdown since its inception was -46.95%, smaller than the maximum CRARX drawdown of -72.66%. Use the drawdown chart below to compare losses from any high point for PRKZX and CRARX.
Loading graphics...
Drawdown Indicators
| PRKZX | CRARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.95% | -72.66% | +25.71% |
Max Drawdown (1Y)Largest decline over 1 year | -10.11% | -12.25% | +2.14% |
Max Drawdown (5Y)Largest decline over 5 years | -25.96% | -35.43% | +9.47% |
Max Drawdown (10Y)Largest decline over 10 years | -46.95% | -45.19% | -1.76% |
Current DrawdownCurrent decline from peak | -6.86% | -13.38% | +6.52% |
Average DrawdownAverage peak-to-trough decline | -7.61% | -12.61% | +5.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 3.07% | +0.14% |
Volatility
PRKZX vs. CRARX - Volatility Comparison
PGIM Real Estate Income Fund (PRKZX) has a higher volatility of 4.56% compared to MainStay CBRE Real Estate Fund (CRARX) at 4.16%. This indicates that PRKZX's price experiences larger fluctuations and is considered to be riskier than CRARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRKZX | CRARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 4.16% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 7.69% | 9.01% | -1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.13% | 15.89% | -2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 18.98% | -4.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.15% | 21.29% | -4.14% |