RNP vs. DVY
RNP (Cohen & Steers REIT and Preferred Income Fund, Inc.) is a stock, while DVY (iShares Select Dividend ETF) is Large Cap Value Equities fund tracking the Dow Jones U.S. Select Dividend Index. Over the past 10 years, RNP returned 8.84%/yr vs 10.49%/yr for DVY. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
RNP vs. DVY - Performance Comparison
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Returns By Period
In the year-to-date period, RNP achieves a 7.41% return, which is significantly lower than DVY's 13.40% return. Over the past 10 years, RNP has underperformed DVY with an annualized return of 8.84%, while DVY has yielded a comparatively higher 10.49% annualized return.
RNP
- 1D
- -0.05%
- 1M
- 1.16%
- YTD
- 7.41%
- 6M
- 9.84%
- 1Y
- 1.62%
- 3Y*
- 11.94%
- 5Y*
- 2.90%
- 10Y*
- 8.84%
DVY
- 1D
- 1.18%
- 1M
- 4.16%
- YTD
- 13.40%
- 6M
- 12.29%
- 1Y
- 25.66%
- 3Y*
- 15.86%
- 5Y*
- 9.31%
- 10Y*
- 10.49%
RNP vs. DVY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNP Cohen & Steers REIT and Preferred Income Fund, Inc. | 7.41% | 2.57% | 11.88% | 7.73% | -19.95% | 32.84% | 3.31% | 43.14% | -9.46% | 19.65% |
DVY iShares Select Dividend ETF | 13.40% | 11.60% | 16.24% | 1.12% | 1.80% | 31.70% | -4.91% | 22.62% | -6.36% | 14.82% |
Correlation
The correlation between RNP and DVY is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2003 | 0.57 |
The correlation between RNP and DVY has been stable across timeframes, ranging from 0.54 to 0.63 - a consistent structural relationship.
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Return for Risk
RNP vs. DVY — Risk / Return Rank
RNP
DVY
RNP vs. DVY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) and iShares Select Dividend ETF (DVY). 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.
| RNP | DVY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -3.05 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 3.54 | -3.51 |
| Martin ratioReturn relative to average drawdown | 0.08 | 12.51 | -12.43 |
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Drawdowns
RNP vs. DVY - Drawdown Comparison
The maximum RNP drawdown since its inception was -86.93%, which is greater than DVY's maximum drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for RNP and DVY.
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Drawdown Indicators
| RNP | DVY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.93% | -62.59% | -24.34% |
Max Drawdown (1Y)Largest decline over 1 year | -12.24% | -6.89% | -5.35% |
Max Drawdown (3Y)Largest decline over 3 years | -19.71% | -16.00% | -3.71% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -17.54% | -18.65% |
Max Drawdown (10Y)Largest decline over 10 years | -56.68% | -41.59% | -15.09% |
Current DrawdownCurrent decline from peak | -3.60% | 0.00% | -3.60% |
Average DrawdownAverage peak-to-trough decline | -13.11% | -8.78% | -4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.45% | 1.95% | +3.50% |
Volatility
RNP vs. DVY - Volatility Comparison
Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) has a higher volatility of 4.56% compared to iShares Select Dividend ETF (DVY) at 2.94%. This indicates that RNP's price experiences larger fluctuations and is considered to be riskier than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNP | DVY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 2.94% | +1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.85% | 7.54% | +2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.00% | 11.16% | +1.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.84% | 15.22% | +5.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.23% | 18.01% | +6.22% |
Dividends
RNP vs. DVY - Dividend Comparison
RNP's dividend yield for the trailing twelve months is around 7.96%, more than DVY's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVY iShares Select Dividend ETF | 3.30% | 3.65% | 3.65% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% |
RNP Cohen & Steers REIT and Preferred Income Fund, Inc. | 7.96% | 8.22% | 7.81% | 8.10% | 13.26% | 5.20% | 6.52% | 6.25% | 8.36% | 7.00% | 7.75% | 8.03% |
Frequently Asked Questions
RNP and DVY have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNP has higher volatility (4.56%) compared to DVY (2.94%). In terms of maximum drawdown, RNP dropped -86.93% vs DVY's -62.59%.
DVY currently has the higher Sharpe Ratio (2.19 vs 0.03), 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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