Fidelity Real Estate Income Fund (FRIFX) 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 FRIFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRIFX
FRIFX charges 0.71% annually. There are 20 mutual funds in the REIT category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Real Estate Index Fund | 0.07% | — | Aug 2011 | FRIFX vs FSRNX | |
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | FRIFX vs FESIX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | FRIFX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.11% | 71.40B | Dec 2003 | FRIFX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | FRIFX vs VGRNX |
Best Risk-Adjusted Alternatives to FRIFX
FRIFX has a PortfoliosLab risk / return rank of 78. There are 6 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 | FRIFX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | FRIFX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 87 | — | Oct 2011 | FRIFX vs FSREX | |
| abrdn Realty Income & Growth Fund | 82 | — | Dec 1998 | FRIFX vs AIGYX | |
| Delaware Ivy Securian Real Estate Securities Fund | 81 | — | Feb 1999 | FRIFX vs IRSAX |
Top Performing FRIFX Alternatives (YTD)
FRIFX is at 4.64% YTD. There are 82 mutual funds in the REIT category with higher YTD returns, going as high as 22.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 22.21% | — | Dec 2010 | FRIFX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 21.63% | — | Dec 1998 | FRIFX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 20.91% | — | Jan 1989 | FRIFX vs IVRSX | |
| Virtus Duff & Phelps Real Estate Securities Fund | 20.77% | — | Mar 1995 | FRIFX vs PHRAX | |
| Columbia Real Estate Equity Fund | 20.76% | — | Apr 1994 | FRIFX vs CREEX |
Lowest Volatility Alternatives to FRIFX
FRIFX has 4.21% 1-year volatility. There are 4 mutual funds in the REIT category with lower 1-year volatility, going as low as 0.44%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 0.44% | — | Jun 2023 | FRIFX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | FRIFX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.48% | — | Oct 2011 | FRIFX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.77% | — | Jun 2014 | FRIFX vs GRIFX | |
| Fidelity Advisor Real Estate Income Fund Class C | 4.32% | — | Apr 2010 | FRIFX vs FRIOX |
Lowest Drawdown Alternatives to FRIFX
FRIFX has a 1-year max drawdown of -3.42%. There are 4 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 | FRIFX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | FRIFX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | FRIFX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | FRIFX vs FSREX | |
| Fidelity Advisor Real Estate Income Fund Class I | -3.43% | — | — | FRIFX vs FRIRX |
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 | 64 | 9.35% | — | Feb 1988 | FRIFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FRIFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FRIFX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FRIFX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FRIFX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FRIFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FRIFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FRIFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FRIFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FRIFX vs FTIHX |
Often Compared With FRIFX
Investors most often compare FRIFX with FRESX, PFFR, CSRSX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FRIFX with Any Fund or Stock
Compare FRIFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRIFX with funds that move differently
Fidelity Real Estate Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRIFX.
Explore FRIFX Diversifiers