TIREX vs. REET
Compare and contrast key facts about TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) and iShares Global REIT ETF (REET).
TIREX is managed by TIAA Investments. It was launched on Oct 1, 2002. REET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Global REIT Index. It was launched on Jul 8, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIREX or REET.
Correlation
The correlation between TIREX and REET is 0.93, 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.
Performance
TIREX vs. REET - Performance Comparison
Key characteristics
TIREX:
0.78
REET:
0.75
TIREX:
1.13
REET:
1.08
TIREX:
1.14
REET:
1.14
TIREX:
0.40
REET:
0.44
TIREX:
2.53
REET:
2.28
TIREX:
4.84%
REET:
4.64%
TIREX:
15.74%
REET:
14.16%
TIREX:
-77.64%
REET:
-44.59%
TIREX:
-16.08%
REET:
-11.51%
Returns By Period
In the year-to-date period, TIREX achieves a 2.56% return, which is significantly lower than REET's 3.00% return. Over the past 10 years, TIREX has outperformed REET with an annualized return of 3.85%, while REET has yielded a comparatively lower 3.07% annualized return.
TIREX
2.56%
1.26%
-1.47%
11.41%
1.75%
3.85%
REET
3.00%
1.77%
-2.42%
9.96%
0.44%
3.07%
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TIREX vs. REET - Expense Ratio Comparison
TIREX has a 0.47% expense ratio, which is higher than REET's 0.14% expense ratio.
Risk-Adjusted Performance
TIREX vs. REET — Risk-Adjusted Performance Rank
TIREX
REET
TIREX vs. REET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) and iShares Global REIT ETF (REET). 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.
Dividends
TIREX vs. REET - Dividend Comparison
TIREX's dividend yield for the trailing twelve months is around 3.01%, less than REET's 3.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIREX TIAA-CREF Real Estate Securities Fund Institutional Class | 3.01% | 3.09% | 2.72% | 2.19% | 1.41% | 1.80% | 1.68% | 2.60% | 1.55% | 2.63% | 2.00% | 1.69% |
REET iShares Global REIT ETF | 3.53% | 3.63% | 3.27% | 2.42% | 3.18% | 2.64% | 5.25% | 5.73% | 3.84% | 5.37% | 3.56% | 2.12% |
Drawdowns
TIREX vs. REET - Drawdown Comparison
The maximum TIREX drawdown since its inception was -77.64%, which is greater than REET's maximum drawdown of -44.59%. Use the drawdown chart below to compare losses from any high point for TIREX and REET. For additional features, visit the drawdowns tool.
Volatility
TIREX vs. REET - Volatility Comparison
TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) and iShares Global REIT ETF (REET) have volatilities of 3.69% and 3.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.