SOAAX vs. ARIIX
SOAAX (Spirit of America Real Estate Income & Growth Fund) and ARIIX (AB Global Real Estate Investment Fund II) are both REIT funds. Over the past 10 years, SOAAX returned 4.79%/yr vs 4.80%/yr for ARIIX. Their correlation of 0.89 means they have usually moved in the same direction. SOAAX charges 1.52%/yr vs 0.74%/yr for ARIIX.
Performance
SOAAX vs. ARIIX - Performance Comparison
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Returns By Period
In the year-to-date period, SOAAX achieves a 18.10% return, which is significantly higher than ARIIX's 12.37% return. Both investments have delivered pretty close results over the past 10 years, with SOAAX having a 4.79% annualized return and ARIIX not far ahead at 4.80%.
SOAAX
- 1D
- -1.10%
- 1M
- 0.90%
- 6M
- 14.80%
- YTD
- 18.10%
- 1Y
- 20.27%
- 3Y*
- 9.42%
- 5Y*
- 2.57%
- 10Y*
- 4.79%
- ALL TIME*
- 6.89%
ARIIX
- 1D
- -0.17%
- 1M
- 2.25%
- 6M
- 8.68%
- YTD
- 12.37%
- 1Y
- 18.19%
- 3Y*
- 10.36%
- 5Y*
- 2.51%
- 10Y*
- 4.80%
- ALL TIME*
- 6.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SOAAX vs. ARIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOAAX Spirit of America Real Estate Income & Growth Fund | 18.10% | -0.90% | 7.57% | 9.60% | -28.40% | 42.01% | -5.06% | 28.09% | -6.82% | 6.80% |
ARIIX AB Global Real Estate Investment Fund II | 12.37% | 10.49% | 2.89% | 12.50% | -25.35% | 26.57% | -4.62% | 23.44% | -4.31% | 14.43% |
Correlation
The correlation between SOAAX and ARIIX is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.89 |
The correlation between SOAAX and ARIIX has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.
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Return for Risk
SOAAX vs. ARIIX — Risk / Return Rank
SOAAX
ARIIX
SOAAX vs. ARIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spirit of America Real Estate Income & Growth Fund (SOAAX) and AB Global Real Estate Investment Fund II (ARIIX). 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.
| SOAAX | ARIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 1.56 | +0.73 |
| Martin ratioReturn relative to average drawdown | 7.25 | 5.55 | +1.69 |
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Drawdowns
SOAAX vs. ARIIX - Drawdown Comparison
The maximum SOAAX drawdown since its inception was -78.19%, which is greater than ARIIX's maximum drawdown of -70.35%. Use the drawdown chart below to compare losses from any high point for SOAAX and ARIIX.
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Drawdown Indicators
| SOAAX | ARIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.19% | -70.35% | -7.84% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -10.76% | +3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -19.29% | -17.13% | -2.16% |
Max Drawdown (5Y)Largest decline over 5 years | -36.03% | -33.83% | -2.20% |
Max Drawdown (10Y)Largest decline over 10 years | -41.24% | -42.30% | +1.06% |
Current DrawdownCurrent decline from peak | -2.70% | -0.59% | -2.11% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -12.72% | -1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 3.02% | -0.55% |
Volatility
SOAAX vs. ARIIX - Volatility Comparison
Spirit of America Real Estate Income & Growth Fund (SOAAX) has a higher volatility of 4.17% compared to AB Global Real Estate Investment Fund II (ARIIX) at 3.48%. This indicates that SOAAX's price experiences larger fluctuations and is considered to be riskier than ARIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOAAX | ARIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.17% | 3.48% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 10.25% | 9.93% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.35% | 12.20% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.27% | 16.30% | +1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.75% | 17.61% | +2.14% |
SOAAX vs. ARIIX - Expense Ratio Comparison
SOAAX has a 1.52% expense ratio, which is higher than ARIIX's 0.74% expense ratio.
Dividends
SOAAX vs. ARIIX - Dividend Comparison
SOAAX's dividend yield for the trailing twelve months is around 9.43%, more than ARIIX's 3.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARIIX AB Global Real Estate Investment Fund II | 3.92% | 3.77% | 2.99% | 3.34% | 5.98% | 4.38% | 1.54% | 8.58% | 4.72% | 5.59% | 5.20% | 3.45% |
SOAAX Spirit of America Real Estate Income & Growth Fund | 9.43% | 10.64% | 9.53% | 9.32% | 9.32% | 6.12% | 8.13% | 7.11% | 8.47% | 6.87% | 7.18% | 8.97% |
Frequently Asked Questions
With a correlation of 0.92, SOAAX and ARIIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SOAAX has higher volatility (4.17%) compared to ARIIX (3.48%). In terms of maximum drawdown, SOAAX dropped -78.19% vs ARIIX's -70.35%.
ARIIX currently has the higher Sharpe Ratio (1.38 vs 1.34), 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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