Fidelity SAI Real Estate Index Fund (FESIX) belongs to the REIT category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FESIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FESIX
FESIX charges 0.07% annually. No mutual funds in the REIT category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Real Estate Index Fund | 0.07% | — | Aug 2011 | FESIX vs FSRNX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | FESIX vs VRTPX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | FESIX vs VGRNX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.11% | 71.40B | Dec 2003 | FESIX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Adm... | 0.12% | 3.70B | Feb 2011 | FESIX vs VGRLX |
Best Risk-Adjusted Alternatives to FESIX
FESIX has a PortfoliosLab risk / return rank of 34. There are 81 mutual funds in the REIT category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 100 | — | Jun 2023 | FESIX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | FESIX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 87 | — | Oct 2011 | FESIX vs FSREX | |
| abrdn Realty Income & Growth Fund | 82 | — | Dec 1998 | FESIX vs AIGYX | |
| Delaware Ivy Securian Real Estate Securities Fund | 81 | — | Feb 1999 | FESIX vs IRSAX |
Top Performing FESIX Alternatives (YTD)
FESIX is at 14.30% YTD. There are 58 mutual funds in the REIT category with higher YTD returns, going as high as 22.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 22.21% | — | Dec 2010 | FESIX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 21.63% | — | Dec 1998 | FESIX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 20.91% | — | Jan 1989 | FESIX vs IVRSX | |
| Virtus Duff & Phelps Real Estate Securities Fund | 20.77% | — | Mar 1995 | FESIX vs PHRAX | |
| Columbia Real Estate Equity Fund | 20.76% | — | Apr 1994 | FESIX vs CREEX |
Lowest Volatility Alternatives to FESIX
FESIX has 13.87% 1-year volatility. There are 71 mutual funds in the REIT category with lower 1-year volatility, going as low as 0.44%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 0.44% | — | Jun 2023 | FESIX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | FESIX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.48% | — | Oct 2011 | FESIX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.77% | — | Jun 2014 | FESIX vs GRIFX | |
| Fidelity Real Estate Income Fund | 4.21% | — | Feb 2003 | FESIX vs FRIFX |
Lowest Drawdown Alternatives to FESIX
FESIX has a 1-year max drawdown of -8.42%. There are 53 mutual funds in the REIT category with shallower 1-year drawdowns, going as shallow as -0.04%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | -0.04% | — | Jun 2023 | FESIX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | FESIX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | FESIX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | FESIX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | FESIX vs FRIFX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 64 | 9.35% | — | Feb 1988 | FESIX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FESIX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FESIX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FESIX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FESIX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FESIX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FESIX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FESIX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FESIX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FESIX vs FTIHX |
Often Compared With FESIX
Investors most often compare FESIX with VGSR, BRIIX, VGSLX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FESIX with Any Fund or Stock
Compare FESIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FESIX with funds that move differently
Fidelity SAI Real Estate Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FESIX.
Explore FESIX Diversifiers