HEAT vs REIX
Touchstone Climate Transition ETF vs NYLIM CBRE Real Estate & Infrastructure ETF
Which is better, HEAT or REIX?
HEAT has been ahead.
REIX has a lower expense ratio. HEAT led over 1Y and the full window.
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 | HEAT | REIX |
|---|---|---|
| Expense Ratio | 0.69% | 0.45%Best |
| AUM | $14M | $7M |
| Dividend Yield | 0.53% | 2.82% |
| Holdings | 64 | 109 |
| Volatility (annualized) | 15.7% | 13.3%Best |
| Max Drawdown | -20.7% | -15.7%Best |
| $10,000 over 2.6 years | $12,124Best | $12,051 |
| Fund Family | Touchstone Investments | IndexIQ Trust |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 28, 2023 | May 10, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 299 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. HEAT has data through Dec 19, 2025 and REIX through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: May 10, 2023 to Dec 19, 2025 (2.6 years).
Risk: Volatility and Drawdowns
HEAT has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 13.3% for REIX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.7% for HEAT 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HEAT charges 0.69% per year while REIX charges 0.45%. On a $10,000 position that is $69 vs $45 annually, a gap of $24 per year that compounds over a long holding period. On income, HEAT currently yields 0.53% against 2.82% for REIX.
You are not choosing between two funds in isolation.
Whichever of HEAT 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, HEAT or REIX?
HEAT has an expense ratio of 0.69% while REIX charges 0.45%. REIX is the cheaper option, by $24 a year on a $10,000 investment.
Which is riskier, HEAT or REIX?
HEAT has been the more volatile fund at 15.7% annualized versus 13.3% for REIX. Worst drawdown: HEAT -20.7% vs REIX -15.7%.
Should I hold both HEAT and REIX?
HEAT and REIX have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HEAT or REIX?
HEAT yields 0.53% while REIX yields 2.82%, so REIX currently pays the higher dividend yield.
Is REIX better than HEAT?
REIX has a lower expense ratio. HEAT led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.