REACX vs. IRFIX

Last updated Jun 3, 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 5.43%/yr vs 2.64%/yr for IRFIX. A 0.53 correlation means they provide meaningful diversification when combined. 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 9.52% return, which is significantly higher than IRFIX's -0.33% return. Over the past 10 years, REACX has outperformed IRFIX with an annualized return of 5.43%, while IRFIX has yielded a comparatively lower 2.64% annualized return.

REACX

• 1D: -1.83%
• 1M: -2.14%
• YTD: 9.52%
• 6M: 8.19%
• 1Y: 9.28%
• 3Y*: 9.87%
• 5Y*: 3.11%
• 10Y*: 5.43%

IRFIX

• 1D: -1.62%
• 1M: -3.90%
• YTD: -0.33%
• 6M: 1.39%
• 1Y: 6.71%
• 3Y*: 5.41%
• 5Y*: -3.25%
• 10Y*: 2.64%

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

REACX vs. IRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REACX American Century Real Estate Fund	9.52%	0.81%	7.63%	10.97%	-24.64%	41.52%	-8.31%	30.73%	-4.18%	5.09%
IRFIX Cohen & Steers International Realty Fund	-0.33%	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 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Apr 1, 2005	0.53

The correlation between REACX and IRFIX has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.

Return for Risk

REACX vs. IRFIX — Risk / Return Rank

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

REACX

REACX Risk / Return Rank: 10
REACX Sharpe Ratio Rank: 9
REACX Sortino Ratio Rank: 8
REACX Omega Ratio Rank: 8
REACX Calmar Ratio Rank: 13
REACX Martin Ratio Rank: 13

IRFIX

IRFIX Risk / Return Rank: 6
IRFIX Sharpe Ratio Rank: 7
IRFIX Sortino Ratio Rank: 7
IRFIX Omega Ratio Rank: 7
IRFIX Calmar Ratio Rank: 6
IRFIX Martin Ratio Rank: 6

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.

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.

	REACX	IRFIX	Difference
Sharpe ratio Return per unit of total volatility	0.74	0.57	+0.17
Sortino ratio Return per unit of downside risk	1.07	0.92	+0.15
Omega ratio Gain probability vs. loss probability	1.14	1.11	+0.02
Calmar ratio Return relative to maximum drawdown	1.25	0.57	+0.67
Martin ratio Return relative to average drawdown	3.83	1.82	+2.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REACX vs. IRFIX - Sharpe Ratio Comparison

The current REACX Sharpe Ratio is 0.74, which is comparable to the IRFIX Sharpe Ratio of 0.57. 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.

Sharpe Ratios by Period

	REACX	IRFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	0.57	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	-0.21	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.17	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.19	+0.16

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%	-38.41%	+6.26%
Max Drawdown (10Y) Largest decline over 10 years	-41.88%	-39.51%	-2.37%
Current Drawdown Current decline from peak	-3.67%	-16.97%	+13.30%
Average Drawdown Average peak-to-trough decline	-12.59%	-18.66%	+6.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	4.67%	-2.16%

Volatility

REACX vs. IRFIX - Volatility Comparison

American Century Real Estate Fund (REACX) and Cohen & Steers International Realty Fund (IRFIX) have volatilities of 3.75% and 3.88%, 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

	REACX	IRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	3.88%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	9.29%	10.78%	-1.49%
Volatility (1Y) Calculated over the trailing 1-year period	12.91%	12.97%	-0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	15.33%	+3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.49%	15.69%	+4.80%

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 1.71%, less than IRFIX's 6.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRFIX Cohen & Steers International Realty Fund	6.19%	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	1.71%	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 0.48, 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?

IRFIX has higher volatility (3.88%) compared to REACX (3.75%). 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 (0.74 vs 0.57), 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.