Fidelity Real Estate Investment Portfolio (FRESX) belongs to the REIT category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FRESX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRESX
FRESX charges 0.64% annually. There are 18 mutual funds in the REIT category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | FRESX vs FESIX | |
| Fidelity Real Estate Index Fund | 0.07% | — | Aug 2011 | FRESX vs FSRNX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | FRESX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.10% | 69.80B | Dec 2003 | FRESX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | FRESX vs VGRNX |
Best Risk-Adjusted Alternatives to FRESX
FRESX has a PortfoliosLab risk / return rank of 27. There are 50 mutual funds in the REIT category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 100 | — | Jun 2023 | FRESX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | FRESX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 89 | — | Oct 2011 | FRESX vs FSREX | |
| Delaware Ivy Securian Real Estate Securities Fund | 71 | — | Feb 1999 | FRESX vs IRSAX | |
| abrdn Realty Income & Growth Fund | 69 | — | Dec 1998 | FRESX vs AIGYX |
Top Performing FRESX Alternatives (YTD)
FRESX is at 14.15% YTD. There are 37 mutual funds in the REIT category with higher YTD returns, going as high as 19.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 19.79% | — | Dec 2010 | FRESX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 18.79% | — | Dec 1998 | FRESX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 18.38% | — | Jan 1989 | FRESX vs IVRSX | |
| Delaware Ivy Securian Real Estate Securities Fund | 18.29% | — | Feb 1999 | FRESX vs IRSAX | |
| Columbia Real Estate Equity Fund | 18.23% | — | Apr 1994 | FRESX vs CREEX |
Lowest Volatility Alternatives to FRESX
FRESX has 14.02% 1-year volatility. There are 82 mutual funds in the REIT category with lower 1-year volatility, going as low as 0.43%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 0.43% | — | Jun 2023 | FRESX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | FRESX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.45% | — | Oct 2011 | FRESX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.72% | — | Jun 2014 | FRESX vs GRIFX | |
| Fidelity Advisor Real Estate Income Fund Class C | 4.34% | — | Apr 2010 | FRESX vs FRIOX |
Lowest Drawdown Alternatives to FRESX
FRESX has a 1-year max drawdown of -7.78%. There are 25 mutual funds in the REIT category with shallower 1-year drawdowns, going as shallow as -0.04%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | -0.04% | — | Jun 2023 | FRESX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | FRESX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | FRESX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | FRESX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | FRESX vs FRIFX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 63 | 11.06% | — | Feb 1988 | FRESX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 92 | 69.83% | — | Jul 1985 | FRESX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 11.89% | — | — | FRESX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 11.88% | — | — | FRESX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 19 | 5.06% | — | — | FRESX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 61 | 16.81% | — | Dec 1987 | FRESX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 38 | 10.81% | 176.32B | May 1967 | FRESX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 61 | 11.15% | — | — | FRESX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 36 | 10.41% | — | Nov 1997 | FRESX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 55 | 13.57% | — | Jun 2016 | FRESX vs FTIHX |
Often Compared With FRESX
Investors most often compare FRESX with FREL, VGSLX, VNQ. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FRESX with Any Fund or Stock
Compare FRESX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRESX with funds that move differently
Fidelity Real Estate Investment Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRESX.
Explore FRESX Diversifiers