Fidelity Advisor Global Real Estate Fund Class Z (FIKKX)
The fund invests in securities issued throughout the world, including the United States. It normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The fund normally invests primarily in common stocks.
Fund Info
| ISIN | US3159181367 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Oct 2, 2018 |
| Category | REIT |
| Min. Investment | $0 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
FIKKX has a high expense ratio of 0.80%, indicating higher-than-average management fees.
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 Global Real Estate Fund Class Z, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Advisor Global Real Estate Fund Class Z had a return of -6.59% year-to-date (YTD) and 1.58% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -6.59% | 5.57% |
| 1 month | -6.32% | -4.16% |
| 6 months | 12.34% | 20.07% |
| 1 year | 1.58% | 20.82% |
| 5 years (annualized) | 1.24% | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.95% | 0.10% | 3.72% | |||||||||
| 2023 | -3.31% | 10.36% | 8.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIKKX is 9, indicating that it is in the bottom 9% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Fidelity Advisor Global Real Estate Fund Class Z(FIKKX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Global Real Estate Fund Class Z (FIKKX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Global Real Estate Fund Class Z granted a 2.73% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.27 | $0.12 | $0.18 | $0.16 | $0.63 | $0.23 |
Dividend yield | 2.73% | 2.55% | 1.22% | 1.36% | 1.51% | 5.74% | 2.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Global Real Estate Fund Class Z. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.63 |
| 2018 | $0.23 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Global Real Estate Fund Class Z. 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 Global Real Estate Fund Class Z was 41.25%, occurring on Mar 23, 2020. Recovery took 275 trading sessions.
The current Fidelity Advisor Global Real Estate Fund Class Z drawdown is 20.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.25% | Feb 24, 2020 | 21 | Mar 23, 2020 | 275 | Apr 26, 2021 | 296 |
| -32.75% | Jan 3, 2022 | 198 | Oct 14, 2022 | — | — | — |
| -8.91% | Dec 7, 2018 | 12 | Dec 24, 2018 | 21 | Jan 25, 2019 | 33 |
| -7.23% | Sep 7, 2021 | 18 | Sep 30, 2021 | 60 | Dec 27, 2021 | 78 |
| -4.08% | Jul 11, 2019 | 18 | Aug 5, 2019 | 18 | Aug 29, 2019 | 36 |
Volatility
Volatility Chart
The current Fidelity Advisor Global Real Estate Fund Class Z volatility is 4.99%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.