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Fidelity Real Estate Income Fund (FRIFX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3163898659

CUSIP

316389865

Issuer

Fidelity

Inception Date

Feb 4, 2003

Category

REIT

Min. Investment

$0

Asset Class

Real Estate

Asset Class Size

Mid-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FRIFX vs. FRESX FRIFX vs. PFFR FRIFX vs. CSRSX FRIFX vs. FIREX FRIFX vs. RC FRIFX vs. VTR FRIFX vs. VNQ FRIFX vs. TIREX FRIFX vs. KBWY FRIFX vs. O
Popular comparisons:
FRIFX vs. FRESX FRIFX vs. PFFR FRIFX vs. CSRSX FRIFX vs. FIREX FRIFX vs. RC FRIFX vs. VTR FRIFX vs. VNQ FRIFX vs. TIREX FRIFX vs. KBWY FRIFX vs. O

Performance

Performance Chart

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


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.03%
12.93%
FRIFX (Fidelity Real Estate Income Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity Real Estate Income Fund had a return of 8.97% year-to-date (YTD) and 15.51% in the last 12 months. Over the past 10 years, Fidelity Real Estate Income Fund had an annualized return of 5.60%, while the S&P 500 had an annualized return of 11.16%, indicating that Fidelity Real Estate Income Fund did not perform as well as the benchmark.


FRIFX

YTD

8.97%

1M

-0.49%

6M

8.03%

1Y

15.51%

5Y (annualized)

3.98%

10Y (annualized)

5.60%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of FRIFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.00%0.35%0.95%-2.39%2.65%1.12%2.96%2.50%1.95%-1.31%8.97%
20236.19%-2.03%-1.90%1.14%-1.41%2.32%1.03%-1.05%-2.74%-2.46%6.12%4.31%9.32%
2022-2.83%-1.94%1.37%-3.08%-1.01%-4.77%4.40%-2.30%-6.69%0.00%3.32%-1.52%-14.54%
20210.42%2.62%2.97%3.12%0.93%2.16%1.73%1.18%-1.58%2.01%-0.80%2.78%18.90%
20201.44%-2.76%-24.52%8.82%2.87%4.40%2.88%2.16%-0.75%-0.81%6.97%2.71%-1.09%
20195.53%0.76%1.96%0.58%0.57%1.77%1.21%1.36%1.49%1.03%-0.39%0.84%17.92%
2018-2.17%-2.05%1.18%0.26%1.89%1.80%0.75%1.58%-0.75%-1.10%1.28%-3.17%-0.65%
20170.68%2.11%-0.11%1.08%0.49%1.08%0.98%0.32%0.03%-0.00%0.33%0.11%7.31%
2016-1.78%0.45%4.43%0.52%1.90%2.38%2.84%0.08%-0.03%-0.99%-1.33%1.47%10.20%
20152.23%-0.25%0.61%-1.09%0.17%-1.85%1.83%-1.79%1.24%1.77%0.26%-0.12%2.93%
20142.17%2.56%0.53%1.38%1.61%0.79%-0.33%1.43%-1.13%3.13%0.76%0.27%13.90%
20132.37%1.54%1.67%1.92%-1.88%-1.86%0.60%-2.90%3.20%1.95%-1.13%2.21%7.71%

Expense Ratio

FRIFX features an expense ratio of 0.71%, falling within the medium range.


Expense ratio chart for FRIFX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FRIFX is 83, placing it in the top 17% 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.


The Risk-Adjusted Performance Rank of FRIFX is 8383
Combined Rank
The Sharpe Ratio Rank of FRIFX is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of FRIFX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of FRIFX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of FRIFX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of FRIFX is 8787
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Real Estate Income Fund (FRIFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FRIFX, currently valued at 2.94, compared to the broader market-1.000.001.002.003.004.005.002.942.54
The chart of Sortino ratio for FRIFX, currently valued at 4.28, compared to the broader market0.005.0010.004.283.40
The chart of Omega ratio for FRIFX, currently valued at 1.59, compared to the broader market1.002.003.004.001.591.47
The chart of Calmar ratio for FRIFX, currently valued at 1.32, compared to the broader market0.005.0010.0015.0020.001.323.66
The chart of Martin ratio for FRIFX, currently valued at 16.83, compared to the broader market0.0020.0040.0060.0080.00100.0016.8316.26
FRIFX
^GSPC

The current Fidelity Real Estate Income Fund Sharpe ratio is 2.94. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Real Estate Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.94
2.54
FRIFX (Fidelity Real Estate Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Real Estate Income Fund provided a 4.56% dividend yield over the last twelve months, with an annual payout of $0.56 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%4.00%6.00%8.00%10.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.56$0.58$0.46$0.18$0.56$0.55$0.50$0.52$0.51$0.71$0.88$1.14

Dividend yield

4.56%4.99%4.10%1.33%4.77%4.38%4.47%4.37%4.30%6.32%7.55%10.31%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Real Estate Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.11$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.38
2023$0.00$0.00$0.00$0.13$0.00$0.00$0.15$0.00$0.00$0.13$0.00$0.17$0.58
2022$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.12$0.00$0.00$0.20$0.46
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.17$0.18
2020$0.00$0.00$0.01$0.00$0.00$0.09$0.00$0.00$0.12$0.00$0.00$0.35$0.56
2019$0.00$0.00$0.03$0.00$0.00$0.14$0.00$0.00$0.15$0.00$0.00$0.23$0.55
2018$0.00$0.00$0.01$0.00$0.00$0.12$0.00$0.00$0.14$0.00$0.00$0.23$0.50
2017$0.00$0.00$0.04$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.23$0.52
2016$0.00$0.00$0.04$0.00$0.00$0.13$0.00$0.00$0.14$0.00$0.00$0.20$0.51
2015$0.00$0.00$0.01$0.00$0.00$0.13$0.00$0.00$0.35$0.00$0.00$0.21$0.71
2014$0.00$0.00$0.04$0.00$0.00$0.12$0.00$0.00$0.44$0.00$0.00$0.27$0.88
2013$0.05$0.00$0.00$0.14$0.00$0.00$0.46$0.00$0.00$0.50$1.14

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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.55%
-0.88%
FRIFX (Fidelity Real Estate Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Real Estate Income Fund. 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 Income Fund was 39.77%, occurring on Mar 6, 2009. Recovery took 270 trading sessions.

The current Fidelity Real Estate Income Fund drawdown is 1.55%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-39.77%Feb 8, 2007521Mar 6, 2009270Apr 1, 2010791
-34.5%Feb 21, 202023Mar 24, 2020244Mar 12, 2021267
-18.12%Jan 3, 2022204Oct 24, 2022456Aug 19, 2024660
-8.09%May 22, 201375Sep 6, 201390Jan 15, 2014165
-7%Jul 25, 201111Aug 8, 201193Dec 19, 2011104

Volatility

Volatility Chart

The current Fidelity Real Estate Income Fund volatility is 1.43%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.43%
3.96%
FRIFX (Fidelity Real Estate Income Fund)
Benchmark (^GSPC)