TIREX vs. MGLIX
Compare and contrast key facts about TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) and MFS Global Real Estate Fund (MGLIX).
TIREX is managed by TIAA Investments. It was launched on Oct 1, 2002. MGLIX is managed by MFS. It was launched on Mar 10, 2009.
Performance
TIREX vs. MGLIX - Performance Comparison
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TIREX vs. MGLIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIREX TIAA-CREF Real Estate Securities Fund Institutional Class | 1.02% | 2.10% | 5.30% | 12.16% | -28.74% | 39.39% | 1.29% | 31.09% | -4.06% | 11.73% |
MGLIX MFS Global Real Estate Fund | -2.98% | 3.60% | -2.85% | 11.32% | -26.94% | 29.71% | 2.18% | 26.29% | -3.68% | 10.26% |
Returns By Period
In the year-to-date period, TIREX achieves a 1.02% return, which is significantly higher than MGLIX's -2.98% return. Over the past 10 years, TIREX has outperformed MGLIX with an annualized return of 5.59%, while MGLIX has yielded a comparatively lower 3.20% annualized return.
TIREX
- 1D
- 0.28%
- 1M
- -7.87%
- YTD
- 1.02%
- 6M
- -0.32%
- 1Y
- 1.98%
- 3Y*
- 6.06%
- 5Y*
- 2.33%
- 10Y*
- 5.59%
MGLIX
- 1D
- 0.45%
- 1M
- -10.08%
- YTD
- -2.98%
- 6M
- -3.81%
- 1Y
- 1.39%
- 3Y*
- 2.12%
- 5Y*
- -0.29%
- 10Y*
- 3.20%
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TIREX vs. MGLIX - Expense Ratio Comparison
TIREX has a 0.47% expense ratio, which is lower than MGLIX's 0.92% expense ratio.
Return for Risk
TIREX vs. MGLIX — Risk / Return Rank
TIREX
MGLIX
TIREX vs. MGLIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) and MFS Global Real Estate Fund (MGLIX). 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.
| TIREX | MGLIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.19 | 0.12 | +0.07 |
Sortino ratioReturn per unit of downside risk | 0.36 | 0.26 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.03 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.21 | 0.13 | +0.08 |
Martin ratioReturn relative to average drawdown | 0.87 | 0.48 | +0.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TIREX | MGLIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.19 | 0.12 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | -0.02 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.19 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.39 | -0.07 |
Correlation
The correlation between TIREX and MGLIX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TIREX vs. MGLIX - Dividend Comparison
TIREX's dividend yield for the trailing twelve months is around 2.72%, less than MGLIX's 3.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIREX TIAA-CREF Real Estate Securities Fund Institutional Class | 2.72% | 3.56% | 3.08% | 2.71% | 5.13% | 3.07% | 1.80% | 6.18% | 3.54% | 7.20% | 4.16% | 5.65% |
MGLIX MFS Global Real Estate Fund | 3.34% | 3.24% | 2.59% | 1.86% | 5.97% | 2.12% | 1.00% | 5.79% | 3.15% | 1.87% | 5.62% | 7.40% |
Drawdowns
TIREX vs. MGLIX - Drawdown Comparison
The maximum TIREX drawdown since its inception was -74.18%, which is greater than MGLIX's maximum drawdown of -38.55%. Use the drawdown chart below to compare losses from any high point for TIREX and MGLIX.
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Drawdown Indicators
| TIREX | MGLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.18% | -38.55% | -35.63% |
Max Drawdown (1Y)Largest decline over 1 year | -12.38% | -11.57% | -0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -35.67% | -35.01% | -0.66% |
Max Drawdown (10Y)Largest decline over 10 years | -39.26% | -38.55% | -0.71% |
Current DrawdownCurrent decline from peak | -13.19% | -20.59% | +7.40% |
Average DrawdownAverage peak-to-trough decline | -13.54% | -10.70% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 3.03% | -0.09% |
Volatility
TIREX vs. MGLIX - Volatility Comparison
The current volatility for TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) is 4.24%, while MFS Global Real Estate Fund (MGLIX) has a volatility of 4.53%. This indicates that TIREX experiences smaller price fluctuations and is considered to be less risky than MGLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIREX | MGLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 4.53% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 8.17% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.08% | 14.64% | +1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.83% | 16.46% | +2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.13% | 16.77% | +3.36% |