Fidelity Real Estate Investment Portfolio (FRESX)
The fund normally invests primarily in common stocks. 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 invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
Fund Info
| ISIN | US3161382052 |
|---|---|
| CUSIP | 316138205 |
| Issuer | Fidelity |
| Inception Date | Nov 17, 1986 |
| Category | REIT |
| Min. Investment | $0 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
FRESX has a high expense ratio of 0.71%, 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 Real Estate Investment Portfolio, 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 Real Estate Investment Portfolio had a return of -5.35% year-to-date (YTD) and 2.98% in the last 12 months. Over the past 10 years, Fidelity Real Estate Investment Portfolio had an annualized return of 5.30%, while the S&P 500 had an annualized return of 10.84%, indicating that Fidelity Real Estate Investment Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -5.35% | 10.00% |
| 1 month | 1.70% | 2.41% |
| 6 months | 5.31% | 16.70% |
| 1 year | 2.98% | 26.85% |
| 5 years (annualized) | 2.06% | 12.81% |
| 10 years (annualized) | 5.30% | 10.84% |
Monthly Returns
The table below presents the monthly returns of FRESX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.78% | 1.61% | 1.32% | -8.32% | -5.35% | ||||||||
| 2023 | 10.80% | -5.49% | -1.53% | 0.39% | -4.06% | 4.72% | 1.19% | -3.09% | -6.99% | -2.62% | 11.88% | 7.24% | 10.82% |
| 2022 | -8.33% | -4.22% | 7.21% | -3.05% | -3.75% | -7.40% | 8.06% | -5.81% | -12.24% | 2.48% | 7.39% | -5.39% | -24.36% |
| 2021 | -0.71% | 3.04% | 5.28% | 8.83% | 0.89% | 2.94% | 5.10% | 2.50% | -6.35% | 6.52% | -1.26% | 10.19% | 42.34% |
| 2020 | 1.67% | -8.10% | -17.89% | 7.31% | 0.97% | 1.93% | 5.77% | -0.77% | -2.76% | -3.20% | 6.55% | 3.23% | -7.93% |
| 2019 | 11.27% | 1.12% | 2.80% | 0.43% | -0.20% | 1.63% | 1.47% | 3.29% | 2.46% | 1.05% | -1.04% | -1.03% | 25.22% |
| 2018 | -3.64% | -6.75% | 3.55% | 1.62% | 3.45% | 4.03% | 0.50% | 2.73% | -2.39% | -2.47% | 4.93% | -8.50% | -3.97% |
| 2017 | -1.44% | 3.36% | -2.25% | 0.34% | 0.41% | 1.86% | 1.18% | -0.07% | -0.35% | -0.84% | 2.46% | -0.31% | 4.28% |
| 2016 | -3.28% | -0.64% | 10.51% | -3.16% | 2.54% | 6.70% | 4.16% | -3.32% | -2.20% | -5.39% | -1.86% | 4.67% | 7.71% |
| 2015 | 6.98% | -3.71% | 1.40% | -5.55% | 0.10% | -4.13% | 5.78% | -5.64% | 3.63% | 6.92% | -0.37% | 2.20% | 6.63% |
| 2014 | 3.48% | 5.05% | 0.69% | 3.92% | 2.42% | 0.76% | 0.62% | 2.69% | -5.70% | 10.43% | 1.82% | 1.19% | 30.15% |
| 2013 | 3.48% | 1.08% | 2.80% | 6.47% | -5.72% | -1.98% | 0.65% | -6.73% | 3.03% | 4.06% | -5.56% | 1.88% | 2.47% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FRESX is 7, indicating that it is in the bottom 7% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FRESX (Fidelity Real Estate Investment Portfolio)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Real Estate Investment Portfolio (FRESX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Real Estate Investment Portfolio granted a 7.34% dividend yield in the last twelve months. The annual payout for that period amounted to $2.67 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.67 | $2.67 | $3.79 | $2.00 | $1.88 | $3.11 | $1.85 | $1.67 | $2.04 | $2.65 | $0.68 | $0.99 |
Dividend yield | 7.34% | 6.95% | 10.16% | 3.70% | 4.77% | 6.91% | 4.82% | 4.00% | 4.90% | 6.53% | 1.66% | 3.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Real Estate Investment Portfolio. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $1.88 | $0.00 | $0.00 | $0.68 | $2.67 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.00 | $0.00 | $0.00 | $1.79 | $3.79 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 | $0.00 | $0.00 | $1.04 | $2.00 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.92 | $0.00 | $0.00 | $0.85 | $1.88 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $1.43 | $0.00 | $0.00 | $1.38 | $3.11 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $0.76 | $1.85 |
| 2017 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.89 | $0.00 | $0.00 | $0.60 | $1.67 |
| 2016 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $1.05 | $0.00 | $0.00 | $0.80 | $2.04 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $1.78 | $0.00 | $0.00 | $0.76 | $2.65 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.38 | $0.68 |
| 2013 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.59 | $0.99 |
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 Real Estate Investment Portfolio. 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 Real Estate Investment Portfolio was 75.98%, occurring on Mar 6, 2009. Recovery took 977 trading sessions.
The current Fidelity Real Estate Investment Portfolio drawdown is 20.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -75.98% | Feb 8, 2007 | 521 | Mar 6, 2009 | 977 | Jan 24, 2013 | 1498 |
| -40.93% | Feb 24, 2020 | 21 | Mar 23, 2020 | 278 | Apr 29, 2021 | 299 |
| -32.13% | Jan 3, 2022 | 456 | Oct 25, 2023 | — | — | — |
| -30.39% | Oct 7, 1997 | 263 | Oct 8, 1998 | 564 | Dec 18, 2000 | 827 |
| -23.43% | Mar 16, 1987 | 163 | Oct 28, 1987 | 422 | Jun 9, 1989 | 585 |
Volatility
Volatility Chart
The current Fidelity Real Estate Investment Portfolio volatility is 4.47%, 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.