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Fidelity Advisor Real Estate Fund Class A (FHEAX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

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

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Real Estate Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


Fidelity Advisor Real Estate Fund Class A

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.72%0.00%2.72%
20252.20%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%
202310.68%-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
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 a chosen benchmark (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.


0.00%5.00%10.00%15.00%20.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.94%Feb 8, 2007523Mar 6, 2009976Jan 22, 20131499
-41.64%Feb 24, 202021Mar 23, 2020274Apr 23, 2021295
-36.49%Jan 3, 2022456Oct 25, 2023
-18.14%Apr 2, 200426May 10, 200477Aug 30, 2004103
-17.37%May 22, 201362Aug 19, 2013197Jun 2, 2014259

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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