CAMX vs REIX
Cambiar Aggressive Value ETF vs NYLIM CBRE Real Estate & Infrastructure ETF
Which is better, CAMX or REIX?
CAMX has been ahead.
REIX has a lower expense ratio. CAMX led over 1Y, 3Y and the full window. REIX is less concentrated, with 26.6% of the fund in its ten largest positions against 41.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CAMX | REIX |
|---|---|---|
| Expense Ratio | 0.59% | 0.45%Best |
| AUM | $66M | $7M |
| Dividend Yield | 1.44% | 2.82% |
| Holdings | 70 | 109 |
| YTD Return | +7.19%Best | +2.75% |
| 1Y Return | +10.86%Best | +3.97% |
| 3Y Return (annualized) | +12.61%Best | +11.69% |
| Volatility (annualized) | 13.8%Tie | 13.8%Tie |
| Max Drawdown | -15.7%Tie | -15.7%Tie |
| $10,000 over 3.4 years | $14,754Best | $12,507 |
| Top 10 Weight | 41.0% | 26.6%Best |
| Fund Family | Cambiar Investors, LLC | IndexIQ Trust |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 13, 2023 | May 10, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 10, 2023 to Oct 14, 2026 (3.4 years).
CAMX vs REIX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
CAMX vs REIX Performance
Cambiar Aggressive Value ETF (CAMX) is an ETF from Cambiar Investors, LLC and NYLIM CBRE Real Estate & Infrastructure ETF (REIX) is an ETF from IndexIQ Trust. Over the past year CAMX returned +10.86% while REIX returned +3.97%. Year to date, CAMX is up 7.19% versus a gain of 2.75% for REIX.
Over three years, CAMX compounded at +12.61% per year against +11.69% for REIX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CAMX and REIX have been equally volatile, both at 13.8% annualized.
The deepest peak-to-trough decline in our data was -15.7% for CAMX and -15.7% for REIX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CAMX charges 0.59% per year while REIX charges 0.45%. On a $10,000 position that is $59 vs $45 annually, a gap of $14 per year that compounds over a long holding period. On income, CAMX currently yields 1.44% against 2.82% for REIX.
Holdings Overlap
2.9% of CAMX's money is in holdings REIX also owns. 0.8% of REIX's money is in holdings CAMX also owns.
CAMX and REIX share little of their money.
1 positions in common, counted across the 33 positions we hold weights for in CAMX and 107 in REIX, against full books of 70 and 109.
What only one of them owns
Our book lists 53 positions for REIX that do not appear in our book for CAMX (61.9% of the fund), and 29 for CAMX that do not appear in REIX (86.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CAMX | Weight in REIX | Difference |
|---|---|---|---|
| UNPUnion Pacific Corp | 2.94% | 0.84% | 2.10% |
You are not choosing between two funds in isolation.
Whichever of CAMX and REIX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CAMX or REIX?
CAMX has an expense ratio of 0.59% while REIX charges 0.45%. REIX is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, CAMX or REIX?
Over the past year CAMX returned +10.86% vs +3.97% for REIX, so CAMX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAMX or REIX?
CAMX and REIX have been equally volatile, both at 13.8% annualized. Worst drawdown: CAMX -15.7% vs REIX -15.7%.
Should I hold both CAMX and REIX?
CAMX and REIX have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CAMX and REIX?
2.9% of CAMX's money is in holdings REIX also owns. 0.8% of REIX's is in holdings CAMX also owns. They hold 1 positions in common, counted across the 33 positions we hold weights for in CAMX and 107 in REIX.
Which pays a higher dividend, CAMX or REIX?
CAMX yields 1.44% while REIX yields 2.82%, so REIX currently pays the higher dividend yield.
Is REIX better than CAMX?
REIX has a lower expense ratio. CAMX led over 1Y, 3Y and the full window. REIX is less concentrated, with 26.6% of the fund in its ten largest positions against 41.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.