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:
0.54
REET:
0.44
TIREX:
0.84
REET:
0.68
TIREX:
1.10
REET:
1.08
TIREX:
0.29
REET:
0.27
TIREX:
1.95
REET:
1.54
TIREX:
4.52%
REET:
4.15%
TIREX:
16.18%
REET:
14.49%
TIREX:
-77.64%
REET:
-44.59%
TIREX:
-17.81%
REET:
-13.73%
Returns By Period
The year-to-date returns for both stocks are quite close, with TIREX having a 0.44% return and REET slightly lower at 0.42%. Over the past 10 years, TIREX has outperformed REET with an annualized return of 3.24%, while REET has yielded a comparatively lower 2.51% annualized return.
TIREX
0.44%
0.84%
3.89%
9.05%
2.04%
3.24%
REET
0.42%
0.71%
1.92%
6.46%
0.03%
2.51%
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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 3.07%, less than REET's 3.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIREX TIAA-CREF Real Estate Securities Fund Institutional Class | 3.07% | 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 | 3.62% | 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) has a higher volatility of 5.69% compared to iShares Global REIT ETF (REET) at 4.95%. This indicates that TIREX's price experiences larger fluctuations and is considered to be riskier than REET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.