Fidelity Advisor Real Estate Income Fund Class I (FRIRX) 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 FRIRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRIRX
FRIRX 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 | FRIRX vs FSRNX | |
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | FRIRX vs FESIX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | FRIRX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.11% | 71.40B | Dec 2003 | FRIRX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | FRIRX vs VGRNX |
Best Risk-Adjusted Alternatives to FRIRX
FRIRX has a PortfoliosLab risk / return rank of 57. There are 22 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 | FRIRX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | FRIRX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 87 | — | Oct 2011 | FRIRX vs FSREX | |
| abrdn Realty Income & Growth Fund | 82 | — | Dec 1998 | FRIRX vs AIGYX | |
| Delaware Ivy Securian Real Estate Securities Fund | 81 | — | Feb 1999 | FRIRX vs IRSAX |
Top Performing FRIRX Alternatives (YTD)
FRIRX is at 3.23% YTD. There are 88 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 | FRIRX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 21.63% | — | Dec 1998 | FRIRX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 20.91% | — | Jan 1989 | FRIRX vs IVRSX | |
| Virtus Duff & Phelps Real Estate Securities Fund | 20.77% | — | Mar 1995 | FRIRX vs PHRAX | |
| Columbia Real Estate Equity Fund | 20.76% | — | Apr 1994 | FRIRX vs CREEX |
Lowest Volatility Alternatives to FRIRX
FRIRX has 4.42% 1-year volatility. There are 9 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 | FRIRX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | FRIRX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.48% | — | Oct 2011 | FRIRX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.77% | — | Jun 2014 | FRIRX vs GRIFX | |
| Fidelity Real Estate Income Fund | 4.21% | — | Feb 2003 | FRIRX vs FRIFX |
Lowest Drawdown Alternatives to FRIRX
FRIRX has a 1-year max drawdown of -3.43%. There are 5 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 | FRIRX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | FRIRX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | FRIRX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | FRIRX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | FRIRX 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 | 64 | 9.35% | — | Feb 1988 | FRIRX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FRIRX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FRIRX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FRIRX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FRIRX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FRIRX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FRIRX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FRIRX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FRIRX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FRIRX vs FTIHX |
Often Compared With FRIRX
Investors most often compare FRIRX with VNQ, FDVV, POSIX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FRIRX with Any Fund or Stock
Compare FRIRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRIRX with funds that move differently
Fidelity Advisor Real Estate Income Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRIRX.
Explore FRIRX Diversifiers