TRREX vs. MXREX
Compare and contrast key facts about T. Rowe Price Real Estate Fund (TRREX) and Great-West Real Estate Index Fund (MXREX).
TRREX is managed by T. Rowe Price. It was launched on Oct 31, 1997. MXREX is managed by Great-West. It was launched on Nov 27, 2012.
Performance
TRREX vs. MXREX - Performance Comparison
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TRREX vs. MXREX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRREX T. Rowe Price Real Estate Fund | 2.51% | 4.32% | 3.54% | 13.00% | -26.08% | 47.34% | -11.42% | 43.47% | -9.07% | 3.38% |
MXREX Great-West Real Estate Index Fund | 4.34% | 3.16% | 7.47% | 13.31% | -26.44% | 45.80% | -12.52% | 22.41% | -4.92% | 2.25% |
Returns By Period
In the year-to-date period, TRREX achieves a 2.51% return, which is significantly lower than MXREX's 4.34% return. Over the past 10 years, TRREX has outperformed MXREX with an annualized return of 5.18%, while MXREX has yielded a comparatively lower 3.08% annualized return.
TRREX
- 1D
- 1.49%
- 1M
- -6.24%
- YTD
- 2.51%
- 6M
- 4.60%
- 1Y
- 3.99%
- 3Y*
- 6.75%
- 5Y*
- 4.00%
- 10Y*
- 5.18%
MXREX
- 1D
- 1.43%
- 1M
- -6.11%
- YTD
- 4.34%
- 6M
- 3.29%
- 1Y
- 6.67%
- 3Y*
- 8.48%
- 5Y*
- 4.86%
- 10Y*
- 3.08%
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TRREX vs. MXREX - Expense Ratio Comparison
TRREX has a 0.77% expense ratio, which is higher than MXREX's 0.70% expense ratio.
Return for Risk
TRREX vs. MXREX — Risk / Return Rank
TRREX
MXREX
TRREX vs. MXREX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Real Estate Fund (TRREX) and Great-West Real Estate Index Fund (MXREX). 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.
| TRREX | MXREX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.24 | 0.39 | -0.15 |
Sortino ratioReturn per unit of downside risk | 0.45 | 0.67 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.09 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.38 | 0.45 | -0.07 |
Martin ratioReturn relative to average drawdown | 1.43 | 1.96 | -0.53 |
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
| TRREX | MXREX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 0.39 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.26 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.14 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.19 | +0.14 |
Correlation
The correlation between TRREX and MXREX is 0.94, 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
TRREX vs. MXREX - Dividend Comparison
TRREX's dividend yield for the trailing twelve months is around 11.28%, more than MXREX's 1.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRREX T. Rowe Price Real Estate Fund | 11.28% | 11.37% | 9.44% | 11.63% | 25.52% | 15.42% | 41.93% | 32.33% | 5.73% | 2.61% | 2.28% | 2.26% |
MXREX Great-West Real Estate Index Fund | 1.98% | 2.07% | 6.74% | 1.85% | 4.69% | 1.93% | 1.60% | 4.51% | 4.10% | 3.36% | 0.00% | 0.00% |
Drawdowns
TRREX vs. MXREX - Drawdown Comparison
The maximum TRREX drawdown since its inception was -75.30%, which is greater than MXREX's maximum drawdown of -43.89%. Use the drawdown chart below to compare losses from any high point for TRREX and MXREX.
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Drawdown Indicators
| TRREX | MXREX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.30% | -43.89% | -31.41% |
Max Drawdown (1Y)Largest decline over 1 year | -13.03% | -13.36% | +0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -33.21% | -33.06% | -0.15% |
Max Drawdown (10Y)Largest decline over 10 years | -42.28% | -43.89% | +1.61% |
Current DrawdownCurrent decline from peak | -8.27% | -6.11% | -2.16% |
Average DrawdownAverage peak-to-trough decline | -12.73% | -11.77% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 3.05% | +0.42% |
Volatility
TRREX vs. MXREX - Volatility Comparison
The current volatility for T. Rowe Price Real Estate Fund (TRREX) is 4.24%, while Great-West Real Estate Index Fund (MXREX) has a volatility of 4.48%. This indicates that TRREX experiences smaller price fluctuations and is considered to be less risky than MXREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRREX | MXREX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 4.48% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 9.85% | 9.21% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.01% | 17.89% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.00% | 19.36% | -0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.88% | 21.94% | -0.06% |