- ISIN
- US3159183421
- Issuer
- Fidelity
- Inception Date
- Sep 12, 2002
- Category
- REIT
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Real Estate
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FHEAX Performance Chart
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Returns By Period
Fidelity Advisor Real Estate Fund Class A
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.68%
- YTD
- 11.16%
- 6M
- 11.10%
- 1Y
- 27.46%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
FHEAX Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.72% | 0.00% | 2.72% | ||||||||||
| 2025 | 2.20% | 3.70% | -2.76% | -2.49% | 1.09% | -0.13% | -0.42% | 2.30% | -1.00% | -0.72% | 1.82% | -12.43% | -9.44% |
| 2024 | -4.60% | 2.13% | 1.41% | -8.83% | 6.03% | 1.79% | 7.94% | 4.79% | 3.21% | -3.45% | 4.94% | -14.23% | -1.36% |
| 2023 | 10.68% | -4.91% | -2.46% | 0.76% | -3.88% | 4.67% | 1.50% | -3.45% | -7.84% | -3.06% | 12.43% | 8.18% | 10.81% |
| 2022 | -8.62% | -4.59% | 6.97% | -3.78% | -4.59% | -7.55% | 8.66% | -7.24% | -13.21% | 1.75% | 6.90% | -4.57% | -28.13% |
| 2021 | -0.61% | 2.78% | 5.41% | 8.18% | 0.26% | 2.50% | 5.47% | 2.11% | -5.75% | 6.87% | -2.53% | 9.42% | 38.51% |
Benchmark Metrics
Fidelity Advisor Real Estate Fund Class A has an annualized alpha of -1.02%, beta of 1.11, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since September 16, 2002.
- This fund participated in 113.69% of S&P 500 Index downside but only 103.33% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.11 and R2 of 0.54, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.02%
- Beta
- 1.11
- R²
- 0.54
- Upside Capture
- 103.33%
- Downside Capture
- 113.69%
Expense Ratio
FHEAX has a high expense ratio of 1.07%, indicating above-average management fees.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Real Estate Fund Class A (FHEAX) and compare them to S&P 500 Index.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Dividends
Dividend History
Fidelity Advisor Real Estate Fund Class A provided a 0.92% dividend yield over the last twelve months, with an annual payout of $0.14 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.14 | $0.14 | $0.13 | $0.36 | $2.88 | $1.46 | $0.73 | $1.82 | $1.18 | $1.44 | $1.55 | $0.80 |
Dividend yield | 0.92% | 0.94% | 0.81% | 2.14% | 18.65% | 5.73% | 3.75% | 8.35% | 6.13% | 6.59% | 6.90% | 3.50% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Real Estate Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.19 | $0.36 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.88 | $2.88 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $1.44 | $1.46 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Real Estate Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Real Estate Fund Class A was 75.94%, occurring on Mar 6, 2009. Recovery took 976 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -75.94%Mar 2009 | 2y 27d | 3y 10mo | 5y 11moFeb 2007 - Jan 2013 |
COVID crash2020 | -41.64%Mar 2020 | 28d | 1y 1mo | 1y 1moFeb 2020 - Apr 2021 |
2023 bear market2023 | -36.49%Oct 2023 | 1y 9mo | — | 4y 5moJan 2022 - now |
2004 correction2004 | -18.14%May 2004 | 1mo 8d | 3mo 22d | 5moApr 2004 - Aug 2004 |
2013 correction2013 | -17.37%Aug 2013 | 2mo 29d | 9mo 17d | 1y 11dMay 2013 - Jun 2014 |
Drawdown Indicators
| FHEAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | 0.00% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.72% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.97% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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