Fidelity Real Estate Index Fund (FSRNX) 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 FSRNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSRNX
FSRNX charges 0.07% annually. No mutual funds in the REIT category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | FSRNX vs FESIX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | FSRNX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.10% | 69.90B | Dec 2003 | FSRNX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | FSRNX vs VGRNX | |
| Vanguard Real Estate Index Fund Admiral Shares | 0.12% | 69.90B | Nov 2001 | FSRNX vs VGSLX |
Best Risk-Adjusted Alternatives to FSRNX
FSRNX has a PortfoliosLab risk / return rank of 10. There are 70 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 | FSRNX vs CREMX | |
| TIAA Real Estate Account | 98 | — | Oct 1995 | FSRNX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 89 | — | Oct 2011 | FSRNX vs FSREX | |
| Fidelity Advisor Real Estate Income Fund Class Z | 48 | — | Oct 2018 | FSRNX vs FIKMX | |
| Fidelity Advisor Real Estate Income Fund Class I | 47 | — | — | FSRNX vs FRIRX |
Top Performing FSRNX Alternatives (YTD)
FSRNX is at 7.68% YTD. There are 55 mutual funds in the REIT category with higher YTD returns, going as high as 12.78%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 12.78% | — | Dec 2010 | FSRNX vs PJEZX | |
| LDR Real Estate Value Opportunity Fund | 12.76% | — | Dec 2002 | FSRNX vs HLRRX | |
| MainStay CBRE Real Estate Fund | 12.42% | — | Dec 1996 | FSRNX vs CRARX | |
| BlackRock Real Estate Securities Fund | 12.38% | — | Sep 2012 | FSRNX vs BIREX | |
| PIMCO Variable Insurance Trust Real Estate Real Re... | 12.29% | — | Oct 2003 | FSRNX vs PRRSX |
Lowest Volatility Alternatives to FSRNX
FSRNX has 13.22% 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 | FSRNX vs CREMX | |
| TIAA Real Estate Account | 0.77% | — | Oct 1995 | FSRNX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.47% | — | Oct 2011 | FSRNX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.58% | — | Jun 2014 | FSRNX vs GRIFX | |
| Fidelity Advisor Real Estate Income Fund Class A | 4.03% | — | Apr 2010 | FSRNX vs FRINX |
Lowest Drawdown Alternatives to FSRNX
FSRNX has a 1-year max drawdown of -8.47%. There are 54 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 | FSRNX vs CREMX | |
| TIAA Real Estate Account | -0.37% | — | Oct 1995 | FSRNX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | FSRNX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | FSRNX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | FSRNX 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 | 73 | 11.71% | — | Feb 1988 | FSRNX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FSRNX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FSRNX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 32 | 8.60% | — | — | FSRNX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FSRNX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FSRNX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FSRNX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FSRNX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FSRNX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FSRNX vs FTIHX |
Often Compared With FSRNX
Investors most often compare FSRNX with VNQ, FREL, FRESX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FSRNX with Any Fund or Stock
Compare FSRNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSRNX with funds that move differently
Fidelity Real Estate Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSRNX.
Explore FSRNX Diversifiers