RRESX vs. RTDYX

Last updated Jun 23, 2026

RRESX (Russell Investments Global Real Estate Securities Fund) and RTDYX (Russell Investments Multifactor U.S. Equity Fund) are both mutual funds - RRESX is a REIT fund managed by Russell, while RTDYX is a Large Cap Blend Equities fund managed by Russell. Over the past 10 years, RRESX returned 3.47%/yr vs 14.33%/yr for RTDYX. A 0.64 correlation means they provide meaningful diversification when combined. RRESX charges 1.09%/yr vs 0.35%/yr for RTDYX.

Performance

RRESX vs. RTDYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Russell Investments Global Real Estate Securities Fund (RRESX) and Russell Investments Multifactor U.S. Equity Fund (RTDYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RRESX achieves a 7.39% return, which is significantly lower than RTDYX's 10.22% return. Over the past 10 years, RRESX has underperformed RTDYX with an annualized return of 3.47%, while RTDYX has yielded a comparatively higher 14.33% annualized return.

RRESX

• 1D: 0.06%
• 1M: -1.44%
• YTD: 7.39%
• 6M: 7.89%
• 1Y: 10.22%
• 3Y*: 7.85%
• 5Y*: 0.82%
• 10Y*: 3.47%

RTDYX

• 1D: 0.91%
• 1M: 0.49%
• YTD: 10.22%
• 6M: 9.47%
• 1Y: 25.98%
• 3Y*: 19.45%
• 5Y*: 13.11%
• 10Y*: 14.33%

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

RRESX vs. RTDYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RRESX Russell Investments Global Real Estate Securities Fund	7.39%	8.39%	1.08%	10.27%	-26.99%	26.80%	-5.53%	21.66%	-6.72%	11.51%
RTDYX Russell Investments Multifactor U.S. Equity Fund	10.22%	16.05%	22.01%	24.92%	-16.48%	27.22%	13.88%	30.27%	-7.16%	21.59%

Correlation

The correlation between RRESX and RTDYX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.64

Over the past year, the correlation between RRESX and RTDYX has dropped to 0.41 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

Return for Risk

RRESX vs. RTDYX — Risk / Return Rank

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

RRESX

RRESX Risk / Return Rank: 11
RRESX Sharpe Ratio Rank: 11
RRESX Sortino Ratio Rank: 10
RRESX Omega Ratio Rank: 11
RRESX Calmar Ratio Rank: 10
RRESX Martin Ratio Rank: 13

RTDYX

RTDYX Risk / Return Rank: 66
RTDYX Sharpe Ratio Rank: 63
RTDYX Sortino Ratio Rank: 58
RTDYX Omega Ratio Rank: 59
RTDYX Calmar Ratio Rank: 71
RTDYX Martin Ratio Rank: 81

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.

RRESX vs. RTDYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Russell Investments Global Real Estate Securities Fund (RRESX) and Russell Investments Multifactor U.S. Equity Fund (RTDYX). 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.

	RRESX	RTDYX	Difference
Sharpe ratio: Return per unit of total volatility	0.83	2.14	-1.32
Sortino ratio: Return per unit of downside risk	1.20	2.92	-1.72
Omega ratio: Gain probability vs. loss probability	1.15	1.39	-0.23
Calmar ratio: Return relative to maximum drawdown	0.96	3.10	-2.14
Martin ratio: Return relative to average drawdown	3.56	13.96	-10.40

RRESX vs. RTDYX - Sharpe Ratio Comparison

The current RRESX Sharpe Ratio is 0.83, which is lower than the RTDYX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of RRESX and RTDYX, 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

RRESX vs. RTDYX - Drawdown Comparison

The maximum RRESX drawdown since its inception was -72.09%, which is greater than RTDYX's maximum drawdown of -37.43%. Use the drawdown chart below to compare losses from any high point for RRESX and RTDYX.

Drawdown Indicators

	RRESX	RTDYX	Difference
Max Drawdown Largest peak-to-trough decline	-72.09%	-37.43%	-34.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.34%	-8.33%	-2.01%
Max Drawdown (3Y) Largest decline over 3 years	-18.42%	-37.43%	+19.01%
Max Drawdown (5Y) Largest decline over 5 years	-34.51%	-37.43%	+2.92%
Max Drawdown (10Y) Largest decline over 10 years	-41.43%	-37.43%	-4.00%
Current Drawdown Current decline from peak	-5.27%	-5.15%	-0.12%
Average Drawdown Average peak-to-trough decline	-13.16%	-6.29%	-6.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	1.85%	+0.95%

Volatility

RRESX vs. RTDYX - Volatility Comparison

The current volatility for Russell Investments Global Real Estate Securities Fund (RRESX) is 4.16%, while Russell Investments Multifactor U.S. Equity Fund (RTDYX) has a volatility of 4.51%. This indicates that RRESX experiences smaller price fluctuations and is considered to be less risky than RTDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RRESX	RTDYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	4.51%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	9.41%	9.51%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	12.08%	12.07%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	24.47%	-8.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.49%	22.13%	-4.64%

RRESX vs. RTDYX - Expense Ratio Comparison

RRESX has a 1.09% expense ratio, which is higher than RTDYX's 0.35% expense ratio.

Dividends

RRESX vs. RTDYX - Dividend Comparison

RRESX's dividend yield for the trailing twelve months is around 2.85%, less than RTDYX's 31.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RRESX Russell Investments Global Real Estate Securities Fund	2.85%	3.32%	2.91%	2.12%	2.46%	6.40%	1.52%	7.15%	4.03%	7.92%	11.30%	7.50%
RTDYX Russell Investments Multifactor U.S. Equity Fund	31.72%	35.18%	31.60%	4.66%	6.03%	6.51%	3.44%	6.62%	11.47%	7.65%	1.79%	2.57%

Frequently Asked Questions

Can I hold both RRESX and RTDYX in my portfolio?

RRESX and RTDYX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RRESX or RTDYX?

RTDYX has higher volatility (4.51%) compared to RRESX (4.16%). In terms of maximum drawdown, RRESX dropped -72.09% vs RTDYX's -37.43%.

Which has better risk-adjusted returns?

RTDYX currently has the higher Sharpe Ratio (2.14 vs 0.83), 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.