- ISIN
- US3163901529
- Issuer
- Fidelity
- Inception Date
- Oct 2, 2018
- 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
FIKLX Performance Chart
Fidelity Advisor International Real Estate Fund Class Z (FIKLX) is down 4.0% since the beginning of the year. FIKLX is currently trading at $10 per share. Investors who bought $1,000 worth of FIKLX shares 5 years ago would now be looking at an investment worth $849.
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Returns By Period
Fidelity Advisor International Real Estate Fund Class Z (FIKLX) has returned -4.00% so far this year and 2.63% over the past 12 months.
Fidelity Advisor International Real Estate Fund Class Z
- 1D
- -0.30%
- 1M
- -1.85%
- YTD
- -4.00%
- 6M
- -2.70%
- 1Y
- 2.63%
- 3Y*
- 3.30%
- 5Y*
- -3.21%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FIKLX Monthly Returns History
Based on dividend-adjusted daily data since Oct 17, 2018, FIKLX's average daily return is +0.01%, while the average monthly return is +0.32%. At this rate, an investment would double in approximately 18.1 years.
Historically, 58% of months were positive and 42% were negative. The best month was Nov 2020 with a return of +10.4%, while the worst month was Mar 2020 at -15.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FIKLX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +9.0%, while the worst single day was Mar 16, 2020 at -8.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.29% | 5.48% | -12.03% | 4.23% | -2.08% | -2.80% | -4.00% | ||||||
| 2025 | 2.04% | 0.89% | 0.33% | 6.26% | 3.83% | 3.19% | -2.99% | 5.27% | 0.24% | -0.96% | 2.33% | 0.76% | 22.93% |
| 2024 | -4.42% | -2.46% | 4.00% | -3.95% | 3.06% | -2.97% | 6.01% | 2.88% | 4.31% | -8.22% | -1.67% | -5.24% | -9.39% |
| 2023 | 5.81% | -2.74% | -2.82% | 3.30% | -4.65% | -0.20% | 3.97% | -3.82% | -4.51% | -5.10% | 8.34% | 8.09% | 4.32% |
| 2022 | -5.07% | -3.34% | 1.92% | -6.63% | -0.56% | -8.27% | 5.84% | -7.35% | -12.53% | 0.75% | 7.37% | -0.60% | -26.54% |
| 2021 | -1.20% | 1.59% | 0.60% | 3.92% | 3.13% | -0.28% | 3.39% | 2.28% | -5.57% | 3.28% | -2.89% | 3.65% | 12.03% |
Benchmark Metrics
Fidelity Advisor International Real Estate Fund Class Z has an annualized alpha of -3.38%, beta of 0.48, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since October 17, 2018.
- This fund participated in 89.09% of S&P 500 Index downside but only 53.38% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.48 may look defensive, but with R2 of 0.42 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.42 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -3.38%
- Beta
- 0.48
- R²
- 0.42
- Upside Capture
- 53.38%
- Downside Capture
- 89.09%
Expense Ratio
FIKLX has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FIKLX ranks 4 for risk / return — in the bottom 4% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor International Real Estate Fund Class Z (FIKLX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FIKLX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.37 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 2.78 | -2.63 |
| Martin ratioReturn relative to average drawdown | 0.37 | 12.44 | -12.07 |
Dividends
Dividend History
Fidelity Advisor International Real Estate Fund Class Z provided a 3.22% dividend yield over the last twelve months, with an annual payout of $0.33 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.33 | $0.46 | $0.22 | $0.46 | $0.80 | $0.26 | $0.70 |
Dividend yield | 3.22% | 3.10% | 5.24% | 2.12% | 4.60% | 5.63% | 1.94% | 5.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor International 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.11 | $0.33 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.13 | $0.46 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.05 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.00 | $0.46 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.08 | $0.80 |
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 International 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 International Real Estate Fund Class Z was 36.93%, occurring on Oct 26, 2023. The portfolio has not yet recovered.
The current Fidelity Advisor International Real Estate Fund Class Z drawdown is 20.30%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -36.93%Oct 2023 | 2y 1mo | — | 4y 9moSep 2021 - now |
COVID crash2020 | -35.29%Mar 2020 | 28d | 8mo 17d | 9mo 15dFeb 2020 - Dec 2020 |
2019 pullback2019 | -5.07%Aug 2019 | 1mo | 1mo 21d | 2mo 21dJul 2019 - Oct 2019 |
Rate-hike selloffLate 2018 | -4.35%Dec 2018 | 1mo 16d | 16d | 2mo 2dNov 2018 - Jan 2019 |
2021 pullback2021 | -4.06%Mar 2021 | 11d | 1mo 1d | 1mo 12dFeb 2021 - Apr 2021 |
Drawdown Indicators
| FIKLX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.93% | -56.78% | +19.85% |
Max Drawdown (1Y)Largest decline over 1 year | -14.03% | -9.10% | -4.93% |
Max Drawdown (3Y)Largest decline over 3 years | -18.09% | -18.90% | +0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -36.93% | -25.43% | -11.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -20.30% | -1.80% | -18.50% |
Average DrawdownAverage peak-to-trough decline | -15.74% | -10.71% | -5.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.72% | 2.03% | +3.69% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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