GLOBAL REAL Competition
| RREAX Fund | USD 29.36 -0.89 -2.94% |
GLOBAL REAL and JHancock Real Correlation Summary
Almost no diversification
Across the chosen horizon, RREAX and JYEBX show a correlation of 0.95 and fall into the Almost no diversification bucket. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.
Moving together with GLOBAL Mutual Fund
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GLOBAL REAL's price to converge to an average value over time is called mean reversion.
GLOBAL REAL Competition Correlation Matrix
Competition correlation for Global Real Estate matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. The current classification points to the Global Real Estate category. In practical terms, lower correlation may offer better diversification while higher correlation may leave the portfolio more exposed to one shared driver.
Risk-Adjusted Indicators
There is a big difference between GLOBAL Mutual Fund performing well and GLOBAL REAL Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze GLOBAL REAL's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NRCFX | 0.55 | 0.10 | 0.18 | 0.15 | 0.73 | 1.19 | 3.07 | |||
| MRESX | 0.65 | 0.09 | 0.12 | 0.10 | 1.14 | 1.47 | 3.42 | |||
| FESIX | 0.64 | 0.05 | 0.08 | -0.01 | 0.96 | 1.37 | 3.08 | |||
| VGSIX | 0.64 | 0.05 | 0.10 | 0.00 | 1.00 | 1.45 | 3.04 | |||
| FREEX | 0.62 | 0.08 | 0.11 | 0.06 | 1.08 | 1.37 | 3.19 | |||
| FREAX | 0.63 | 0.09 | 0.12 | 0.11 | 0.98 | 1.32 | 3.32 | |||
| CREYX | 0.63 | 0.09 | 0.12 | 0.09 | 1.00 | 1.38 | 3.08 | |||
| JYEBX | 0.66 | 0.08 | 0.13 | 0.06 | 0.96 | 1.31 | 3.52 |
GLOBAL REAL Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
GLOBAL REAL Competition Peer Performance Charts
How to Analyze GLOBAL REAL Against Peers
GLOBAL REAL's peer analysis compares GLOBAL REAL with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether GLOBAL REAL trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where GLOBAL REAL leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Return on invested capital comparison for GLOBAL REAL versus peers reveals which companies in the group are genuinely creating value. Momentum comparison for GLOBAL REAL across peers can signal rotation when peers accelerate while GLOBAL REAL lags or vice versa. Relative comparison helps show where GLOBAL REAL is stronger or weaker against peers.
Unless otherwise specified, data for Global Real Estate is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.