RLTY vs. IYRI
RLTY (Cohen & Steers Real Estate Opportunities & Income Fund) is a stock, while IYRI (NEOS Real Estate High Income ETF) is Derivative Income fund actively managed by Neos. Over the past year, RLTY returned 13.10% vs 12.34% for IYRI. Their 0.72 correlation means they have sometimes moved together and sometimes differently.
Performance
RLTY vs. IYRI - Performance Comparison
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Returns By Period
In the year-to-date period, RLTY achieves a 13.69% return, which is significantly higher than IYRI's 9.45% return.
RLTY
- 1D
- -0.38%
- 1M
- 0.75%
- 6M
- 10.52%
- YTD
- 13.69%
- 1Y
- 13.10%
- 3Y*
- 12.56%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.45%
IYRI
- 1D
- -0.34%
- 1M
- 1.23%
- 6M
- 6.89%
- YTD
- 9.45%
- 1Y
- 12.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.30M | $3.47M | $3.75M | |
| $847.93K | $984.15K | $858.81K |
RLTY vs. IYRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RLTY Cohen & Steers Real Estate Opportunities & Income Fund | 13.69% | 9.14% |
IYRI NEOS Real Estate High Income ETF | 9.45% | 6.99% |
Correlation
The correlation between RLTY and IYRI is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2025 | 0.72 |
The correlation between RLTY and IYRI has been stable across timeframes, ranging from 0.71 to 0.72 - a consistent structural relationship.
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Return for Risk
RLTY vs. IYRI — Risk / Return Rank
RLTY
IYRI
RLTY vs. IYRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Real Estate Opportunities & Income Fund (RLTY) and NEOS Real Estate High Income ETF (IYRI). 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.
| RLTY | IYRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | 1.54 | -0.36 |
| Martin ratioReturn relative to average drawdown | 3.93 | 5.62 | -1.69 |
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Drawdowns
RLTY vs. IYRI - Drawdown Comparison
The maximum RLTY drawdown since its inception was -35.44%, which is greater than IYRI's maximum drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for RLTY and IYRI.
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Drawdown Indicators
| RLTY | IYRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.44% | -12.12% | -23.32% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -7.53% | -3.87% |
Max Drawdown (3Y)Largest decline over 3 years | -20.81% | — | — |
Current DrawdownCurrent decline from peak | -1.91% | -0.83% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -13.28% | -1.60% | -11.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 2.06% | +1.36% |
Volatility
RLTY vs. IYRI - Volatility Comparison
Cohen & Steers Real Estate Opportunities & Income Fund (RLTY) has a higher volatility of 3.27% compared to NEOS Real Estate High Income ETF (IYRI) at 2.97%. This indicates that RLTY's price experiences larger fluctuations and is considered to be riskier than IYRI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RLTY | IYRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 2.97% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 10.45% | 8.17% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.08% | 10.77% | +2.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.45% | 13.01% | +9.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.45% | 13.01% | +9.44% |
Dividends
RLTY vs. IYRI - Dividend Comparison
RLTY's dividend yield for the trailing twelve months is around 8.30%, less than IYRI's 10.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IYRI NEOS Real Estate High Income ETF | 10.84% | 11.72% | 0.00% | 0.00% | 0.00% |
RLTY Cohen & Steers Real Estate Opportunities & Income Fund | 8.30% | 8.98% | 8.93% | 9.18% | 6.94% |
Frequently Asked Questions
RLTY and IYRI have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RLTY has higher volatility (3.27%) compared to IYRI (2.97%). In terms of maximum drawdown, RLTY dropped -35.44% vs IYRI's -12.12%.
IYRI currently has the higher Sharpe Ratio (1.08 vs 1.03), 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.
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