RQI vs. RNP

Last updated Jun 3, 2026

RQI (Cohen & Steers Quality Income Realty Fund) and RNP (Cohen & Steers REIT and Preferred Income Fund, Inc.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, RQI returned 8.81%/yr vs 9.09%/yr for RNP. A 0.75 correlation means they provide meaningful diversification when combined.

Performance

RQI vs. RNP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Quality Income Realty Fund (RQI) and Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RQI achieves a 18.94% return, which is significantly higher than RNP's 8.05% return. Both investments have delivered pretty close results over the past 10 years, with RQI having a 8.81% annualized return and RNP not far ahead at 9.09%.

RQI

• 1D: 0.31%
• 1M: -1.58%
• YTD: 18.94%
• 6M: 17.22%
• 1Y: 15.52%
• 3Y*: 14.02%
• 5Y*: 4.51%
• 10Y*: 8.81%

RNP

• 1D: 0.10%
• 1M: -0.83%
• YTD: 8.05%
• 6M: 5.60%
• 1Y: 3.05%
• 3Y*: 12.45%
• 5Y*: 3.33%
• 10Y*: 9.09%

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

RQI vs. RNP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RQI Cohen & Steers Quality Income Realty Fund	18.94%	2.07%	8.04%	15.74%	-31.07%	56.64%	-9.28%	54.62%	-11.11%	11.73%
RNP Cohen & Steers REIT and Preferred Income Fund, Inc.	8.05%	2.57%	11.88%	7.73%	-19.95%	32.84%	3.31%	43.14%	-9.46%	19.65%

Correlation

The correlation between RQI and RNP is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jun 26, 2003	0.75

The correlation between RQI and RNP has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

Fundamentals

Market Cap RQI : $1.76B RNP : $996.96M
EPS RQI : $1.09 RNP : $3.11
PE Ratio RQI : 12.08 RNP : 6.68
PS Ratio RQI : 4.89 RNP : 6.65
PB Ratio RQI : 1.08 RNP : 1.01
Total Revenue (TTM) RQI : $360.06M RNP : $149.86M
Gross Profit (TTM) RQI : $283.39M RNP : $180.36M
EBITDA (TTM) RQI : $130.74M RNP : $141.38M

Return for Risk

RQI vs. RNP — Risk / Return Rank

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

RQI

RQI Risk / Return Rank: 67
RQI Sharpe Ratio Rank: 72
RQI Sortino Ratio Rank: 64
RQI Omega Ratio Rank: 63
RQI Calmar Ratio Rank: 66
RQI Martin Ratio Rank: 71

RNP

RNP Risk / Return Rank: 44
RNP Sharpe Ratio Rank: 49
RNP Sortino Ratio Rank: 39
RNP Omega Ratio Rank: 38
RNP Calmar Ratio Rank: 46
RNP Martin Ratio Rank: 46

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.

RQI vs. RNP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Quality Income Realty Fund (RQI) and Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP). 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.

	RQI	RNP	Difference
Sharpe ratio Return per unit of total volatility	1.05	0.24	+0.80
Sortino ratio Return per unit of downside risk	1.49	0.42	+1.07
Omega ratio Gain probability vs. loss probability	1.19	1.05	+0.14
Calmar ratio Return relative to maximum drawdown	1.32	0.26	+1.07
Martin ratio Return relative to average drawdown	3.94	0.58	+3.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RQI vs. RNP - Sharpe Ratio Comparison

The current RQI Sharpe Ratio is 1.05, which is higher than the RNP Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of RQI and RNP, 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

	RQI	RNP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	0.24	+0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.16	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.38	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.30	-0.02

Drawdowns

RQI vs. RNP - Drawdown Comparison

The maximum RQI drawdown since its inception was -91.59%, which is greater than RNP's maximum drawdown of -86.93%. Use the drawdown chart below to compare losses from any high point for RQI and RNP.

Drawdown Indicators

	RQI	RNP	Difference
Max Drawdown Largest peak-to-trough decline	-91.59%	-86.93%	-4.66%
Max Drawdown (1Y) Largest decline over 1 year	-11.74%	-12.24%	+0.50%
Max Drawdown (3Y) Largest decline over 3 years	-22.43%	-19.71%	-2.72%
Max Drawdown (5Y) Largest decline over 5 years	-41.06%	-36.19%	-4.87%
Max Drawdown (10Y) Largest decline over 10 years	-59.12%	-56.68%	-2.44%
Current Drawdown Current decline from peak	-2.02%	-3.02%	+1.00%
Average Drawdown Average peak-to-trough decline	-17.93%	-13.13%	-4.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	5.42%	-1.48%

Volatility

RQI vs. RNP - Volatility Comparison

Cohen & Steers Quality Income Realty Fund (RQI) has a higher volatility of 4.29% compared to Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) at 3.68%. This indicates that RQI's price experiences larger fluctuations and is considered to be riskier than RNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RQI	RNP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	3.68%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	11.67%	9.62%	+2.05%
Volatility (1Y) Calculated over the trailing 1-year period	14.90%	12.61%	+2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.96%	20.82%	+2.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.94%	24.23%	+2.71%

Dividends

RQI vs. RNP - Dividend Comparison

RQI's dividend yield for the trailing twelve months is around 8.70%, more than RNP's 7.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RNP Cohen & Steers REIT and Preferred Income Fund, Inc.	7.86%	8.22%	7.81%	8.10%	13.26%	5.20%	6.52%	6.25%	8.36%	7.00%	7.75%	8.03%
RQI Cohen & Steers Quality Income Realty Fund	8.70%	9.54%	7.84%	7.84%	10.41%	5.27%	7.74%	6.79%	9.27%	7.59%	7.86%	7.86%

Financials

RQI vs. RNP - Profitability Comparison

The chart below illustrates the profitability comparison between Cohen & Steers Quality Income Realty Fund and Cohen & Steers REIT and Preferred Income Fund, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RQI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cohen & Steers Quality Income Realty Fund reported a gross profit of 43.68M and revenue of 55.28M. Therefore, the gross margin over that period was 79.0%.

RNP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cohen & Steers REIT and Preferred Income Fund, Inc. reported a gross profit of 39.73M and revenue of 45.32M. Therefore, the gross margin over that period was 87.7%.

RQI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cohen & Steers Quality Income Realty Fund reported an operating income of -10.03M and revenue of 55.28M, resulting in an operating margin of -18.2%.

RNP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cohen & Steers REIT and Preferred Income Fund, Inc. reported an operating income of 22.79M and revenue of 45.32M, resulting in an operating margin of 50.3%.

RQI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cohen & Steers Quality Income Realty Fund reported a net income of -27.67M and revenue of 55.28M, resulting in a net margin of -50.1%.

RNP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cohen & Steers REIT and Preferred Income Fund, Inc. reported a net income of 11.59M and revenue of 45.32M, resulting in a net margin of 25.6%.

Frequently Asked Questions

Can I hold both RQI and RNP in my portfolio?

RQI and RNP have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RQI or RNP?

RQI has higher volatility (4.29%) compared to RNP (3.68%). In terms of maximum drawdown, RQI dropped -91.59% vs RNP's -86.93%.

Which has better risk-adjusted returns?

RQI currently has the higher Sharpe Ratio (1.05 vs 0.24), 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.