QCSTPX vs. QREARX

Last updated Jun 3, 2026

QCSTPX (CREF Total Global Stock Account Class R2) and QREARX (TIAA Real Estate Account) are both mutual funds - QCSTPX is a Global Equities fund actively managed by TIAA, while QREARX is a REIT fund actively managed by TIAA. Both are actively managed. Over the past year, QCSTPX returned 29.34% vs 3.24% for QREARX. At a correlation of -0.08, they often move in opposite directions.

Performance

QCSTPX vs. QREARX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CREF Total Global Stock Account Class R2 (QCSTPX) and TIAA Real Estate Account (QREARX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCSTPX achieves a 12.14% return, which is significantly higher than QREARX's 0.95% return.

QCSTPX

• 1D: 0.35%
• 1M: 4.38%
• YTD: 12.14%
• 6M: 13.32%
• 1Y: 29.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QREARX

• 1D: 0.02%
• 1M: 0.15%
• YTD: 0.95%
• 6M: 1.12%
• 1Y: 3.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCSTPX vs. QREARX - Yearly Performance Comparison

	2026 (YTD)	2025
QCSTPX CREF Total Global Stock Account Class R2	12.14%	20.41%
QREARX TIAA Real Estate Account	0.95%	3.93%

Correlation

The correlation between QCSTPX and QREARX is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (All Time) Calculated using the full available price history since Jan 7, 2025	-0.08

Return for Risk

QCSTPX vs. QREARX — Risk / Return Rank

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

QCSTPX

QCSTPX Risk / Return Rank: 64
QCSTPX Sharpe Ratio Rank: 65
QCSTPX Sortino Ratio Rank: 60
QCSTPX Omega Ratio Rank: 61
QCSTPX Calmar Ratio Rank: 64
QCSTPX Martin Ratio Rank: 72

QREARX

QREARX Risk / Return Rank: 98
QREARX Sharpe Ratio Rank: 99
QREARX Sortino Ratio Rank: 98
QREARX Omega Ratio Rank: 98
QREARX Calmar Ratio Rank: 98
QREARX Martin Ratio Rank: 98

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.

QCSTPX vs. QREARX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CREF Total Global Stock Account Class R2 (QCSTPX) and TIAA Real Estate Account (QREARX). 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.

	QCSTPX	QREARX	Difference
Sharpe ratio Return per unit of total volatility	2.37	4.33	-1.96
Sortino ratio Return per unit of downside risk	3.25	6.63	-3.38
Omega ratio Gain probability vs. loss probability	1.43	2.51	-1.08
Calmar ratio Return relative to maximum drawdown	3.09	8.63	-5.54
Martin ratio Return relative to average drawdown	13.75	31.50	-17.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QCSTPX vs. QREARX - Sharpe Ratio Comparison

The current QCSTPX Sharpe Ratio is 2.37, which is lower than the QREARX Sharpe Ratio of 4.33. The chart below compares the historical Sharpe Ratios of QCSTPX and QREARX, 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

	QCSTPX	QREARX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	4.33	-1.96
Sharpe Ratio (All Time) Calculated using the full available price history	1.57	2.12	-0.56

Drawdowns

QCSTPX vs. QREARX - Drawdown Comparison

The maximum QCSTPX drawdown since its inception was -16.98%, which is greater than QREARX's maximum drawdown of -1.45%. Use the drawdown chart below to compare losses from any high point for QCSTPX and QREARX.

Drawdown Indicators

	QCSTPX	QREARX	Difference
Max Drawdown Largest peak-to-trough decline	-16.98%	-1.45%	-15.53%
Max Drawdown (1Y) Largest decline over 1 year	-9.95%	-0.37%	-9.58%
Current Drawdown Current decline from peak	0.00%	-0.06%	+0.06%
Average Drawdown Average peak-to-trough decline	-2.04%	-0.06%	-1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	0.10%	+2.13%

Volatility

QCSTPX vs. QREARX - Volatility Comparison

CREF Total Global Stock Account Class R2 (QCSTPX) has a higher volatility of 3.74% compared to TIAA Real Estate Account (QREARX) at 0.14%. This indicates that QCSTPX's price experiences larger fluctuations and is considered to be riskier than QREARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCSTPX	QREARX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	0.14%	+3.60%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	0.45%	+9.83%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	0.77%	+12.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	1.66%	+13.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.23%	1.66%	+13.57%

Dividends

QCSTPX vs. QREARX - Dividend Comparison

Neither QCSTPX nor QREARX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QCSTPX and QREARX in my portfolio?

QCSTPX and QREARX have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QCSTPX or QREARX?

QCSTPX has higher volatility (3.74%) compared to QREARX (0.14%). In terms of maximum drawdown, QCSTPX dropped -16.98% vs QREARX's -1.45%.

Which has better risk-adjusted returns?

QREARX currently has the higher Sharpe Ratio (4.33 vs 2.37), 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.