REACX vs. IRFIX

Last updated Aug 2, 2026

REACX (American Century Real Estate Fund) and IRFIX (Cohen & Steers International Realty Fund) are both REIT funds. Over the past 10 years, REACX returned 5.01%/yr vs 2.75%/yr for IRFIX. Their 0.52 correlation means they have sometimes moved together and sometimes differently. REACX charges 1.14%/yr vs 1.00%/yr for IRFIX.

Performance

REACX vs. IRFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Real Estate Fund (REACX) and Cohen & Steers International Realty Fund (IRFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REACX achieves a 16.22% return, which is significantly higher than IRFIX's 3.65% return. Over the past 10 years, REACX has outperformed IRFIX with an annualized return of 5.01%, while IRFIX has yielded a comparatively lower 2.75% annualized return.

REACX

• 1D: -1.32%
• 1M: 1.25%
• 6M: 13.59%
• YTD: 16.22%
• 1Y: 18.09%
• 3Y*: 10.23%
• 5Y*: 3.48%
• 10Y*: 5.01%
• ALL TIME*: 9.00%

IRFIX

• 1D: 1.75%
• 1M: 4.13%
• 6M: -0.80%
• YTD: 3.65%
• 1Y: 10.01%
• 3Y*: 6.19%
• 5Y*: -2.52%
• 10Y*: 2.75%
• ALL TIME*: 3.83%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IRFIX Cohen & Steers International Realty Fund	$0.00	$0.00	$0.00
REACX American Century Real Estate Fund	$0.00	$0.00	$0.00

REACX vs. IRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REACX American Century Real Estate Fund	16.22%	0.81%	7.63%	10.97%	-24.64%	41.52%	-8.31%	30.73%	-4.18%	5.09%
IRFIX Cohen & Steers International Realty Fund	3.65%	23.52%	-10.56%	4.58%	-23.84%	7.66%	-0.81%	23.74%	-3.74%	23.38%

Correlation

The correlation between REACX and IRFIX is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.38
Correlation (3Y) Balances recent behavior with more history.	0.49
Correlation (5Y) Shows whether the relationship held over a longer period.	0.53
Correlation (10Y) Provides a long-term view across more market conditions.	0.49
Correlation (All Time) Calculated using the full available price history since Mar 31, 2005	0.52

The correlation between REACX and IRFIX shifts across timeframes, from 0.38 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

REACX vs. IRFIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

REACX

REACX Risk / Return Rank: 44
REACX Sharpe Ratio Rank: 38
REACX Sortino Ratio Rank: 37
REACX Omega Ratio Rank: 36
REACX Calmar Ratio Rank: 60
REACX Martin Ratio Rank: 48

IRFIX

IRFIX Risk / Return Rank: 17
IRFIX Sharpe Ratio Rank: 20
IRFIX Sortino Ratio Rank: 21
IRFIX Omega Ratio Rank: 20
IRFIX Calmar Ratio Rank: 14
IRFIX Martin Ratio Rank: 12

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

REACX vs. IRFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Real Estate Fund (REACX) and Cohen & Steers International Realty Fund (IRFIX). 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.

	REACX	IRFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.17	0.73	+0.44
Sortino ratio: Return per unit of downside risk	1.67	1.15	+0.52
Omega ratio: Gain probability vs. loss probability	1.21	1.14	+0.07
Calmar ratio: Return relative to maximum drawdown	2.06	0.67	+1.39
Martin ratio: Return relative to average drawdown	6.77	1.57	+5.20

REACX vs. IRFIX - Sharpe Ratio Comparison

The current REACX Sharpe Ratio is 1.17, which is higher than the IRFIX Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of REACX and IRFIX, 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

REACX vs. IRFIX - Drawdown Comparison

The maximum REACX drawdown since its inception was -75.80%, which is greater than IRFIX's maximum drawdown of -70.13%. Use the drawdown chart below to compare losses from any high point for REACX and IRFIX.

Drawdown Indicators

	REACX	IRFIX	Difference
Max Drawdown Largest peak-to-trough decline	-75.80%	-70.13%	-5.67%
Max Drawdown (1Y) Largest decline over 1 year	-7.72%	-14.85%	+7.13%
Max Drawdown (3Y) Largest decline over 3 years	-17.16%	-21.06%	+3.90%
Max Drawdown (5Y) Largest decline over 5 years	-32.15%	-38.24%	+6.09%
Max Drawdown (10Y) Largest decline over 10 years	-41.88%	-39.51%	-2.37%
Current Drawdown Current decline from peak	-2.35%	-13.66%	+11.31%
Average Drawdown Average peak-to-trough decline	-12.53%	-18.64%	+6.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	6.34%	-3.97%

Volatility

REACX vs. IRFIX - Volatility Comparison

American Century Real Estate Fund (REACX) has a higher volatility of 4.41% compared to Cohen & Steers International Realty Fund (IRFIX) at 3.69%. This indicates that REACX's price experiences larger fluctuations and is considered to be riskier than IRFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REACX	IRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.41%	3.69%	+0.72%
Volatility (6M) Calculated over the trailing 6-month period	10.73%	11.34%	-0.61%
Volatility (1Y) Calculated over the trailing 1-year period	13.67%	13.61%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.53%	15.38%	+3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.55%	15.45%	+5.10%

REACX vs. IRFIX - Expense Ratio Comparison

REACX has a 1.14% expense ratio, which is higher than IRFIX's 1.00% expense ratio.

Dividends

REACX vs. IRFIX - Dividend Comparison

REACX's dividend yield for the trailing twelve months is around 1.55%, less than IRFIX's 5.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRFIX Cohen & Steers International Realty Fund	5.90%	6.17%	3.24%	2.62%	2.62%	7.70%	3.40%	9.81%	4.19%	3.37%	6.46%	3.36%
REACX American Century Real Estate Fund	1.55%	2.15%	1.89%	2.28%	11.26%	11.49%	1.71%	8.71%	8.73%	4.66%	11.80%	2.51%

Frequently Asked Questions

Can I hold both REACX and IRFIX in my portfolio?

REACX and IRFIX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REACX or IRFIX?

REACX has higher volatility (4.41%) compared to IRFIX (3.69%). In terms of maximum drawdown, REACX dropped -75.80% vs IRFIX's -70.13%.

Which has better risk-adjusted returns?

REACX currently has the higher Sharpe Ratio (1.17 vs 0.73), 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.