AWP vs. FSREX

Last updated Jun 24, 2026

AWP (abrdn Global Premier Properties Fund) and FSREX (Fidelity Series Real Estate Income Fund) are both REIT funds. Over the past 10 years, AWP returned 7.29%/yr vs 5.33%/yr for FSREX. A 0.56 correlation means they provide meaningful diversification when combined. AWP charges 1.19%/yr vs 0.00%/yr for FSREX.

Performance

AWP vs. FSREX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Global Premier Properties Fund (AWP) and Fidelity Series Real Estate Income Fund (FSREX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWP achieves a 6.57% return, which is significantly higher than FSREX's 1.61% return. Over the past 10 years, AWP has outperformed FSREX with an annualized return of 7.29%, while FSREX has yielded a comparatively lower 5.33% annualized return.

AWP

• 1D: 0.61%
• 1M: 0.09%
• YTD: 6.57%
• 6M: 6.28%
• 1Y: 10.39%
• 3Y*: 14.34%
• 5Y*: 1.33%
• 10Y*: 7.29%

FSREX

• 1D: -0.30%
• 1M: 0.51%
• YTD: 1.61%
• 6M: 1.81%
• 1Y: 6.65%
• 3Y*: 8.75%
• 5Y*: 4.02%
• 10Y*: 5.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AWP vs. FSREX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AWP abrdn Global Premier Properties Fund	6.57%	12.43%	12.23%	12.58%	-37.13%	40.41%	-10.29%	42.52%	-18.47%	44.91%
FSREX Fidelity Series Real Estate Income Fund	1.61%	8.93%	9.87%	8.29%	-11.78%	15.78%	0.58%	16.02%	-0.73%	5.91%

Correlation

The correlation between AWP and FSREX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Oct 24, 2011	0.56

The correlation between AWP and FSREX shifts across timeframes, from 0.38 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

AWP vs. FSREX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AWP

AWP Risk / Return Rank: 9
AWP Sharpe Ratio Rank: 10
AWP Sortino Ratio Rank: 9
AWP Omega Ratio Rank: 9
AWP Calmar Ratio Rank: 8
AWP Martin Ratio Rank: 11

FSREX

FSREX Risk / Return Rank: 86
FSREX Sharpe Ratio Rank: 90
FSREX Sortino Ratio Rank: 92
FSREX Omega Ratio Rank: 87
FSREX Calmar Ratio Rank: 77
FSREX Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AWP vs. FSREX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Global Premier Properties Fund (AWP) and Fidelity Series Real Estate Income Fund (FSREX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AWP	FSREX	Difference
Sharpe ratio: Return per unit of total volatility	0.73	2.77	-2.04
Sortino ratio: Return per unit of downside risk	1.09	4.24	-3.15
Omega ratio: Gain probability vs. loss probability	1.14	1.56	-0.42
Calmar ratio: Return relative to maximum drawdown	0.74	3.29	-2.56
Martin ratio: Return relative to average drawdown	2.85	14.48	-11.63

AWP vs. FSREX - Sharpe Ratio Comparison

The current AWP Sharpe Ratio is 0.73, which is lower than the FSREX Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of AWP and FSREX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AWP vs. FSREX - Drawdown Comparison

The maximum AWP drawdown since its inception was -85.93%, which is greater than FSREX's maximum drawdown of -32.02%. Use the drawdown chart below to compare losses from any high point for AWP and FSREX.

Drawdown Indicators

	AWP	FSREX	Difference
Max Drawdown Largest peak-to-trough decline	-85.93%	-32.02%	-53.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.14%	-2.06%	-12.08%
Max Drawdown (3Y) Largest decline over 3 years	-23.09%	-5.12%	-17.97%
Max Drawdown (5Y) Largest decline over 5 years	-43.93%	-15.22%	-28.71%
Max Drawdown (10Y) Largest decline over 10 years	-53.95%	-32.02%	-21.93%
Current Drawdown Current decline from peak	-4.83%	-0.30%	-4.53%
Average Drawdown Average peak-to-trough decline	-27.32%	-2.54%	-24.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.65%	0.47%	+3.18%

Volatility

AWP vs. FSREX - Volatility Comparison

abrdn Global Premier Properties Fund (AWP) has a higher volatility of 4.70% compared to Fidelity Series Real Estate Income Fund (FSREX) at 0.68%. This indicates that AWP's price experiences larger fluctuations and is considered to be riskier than FSREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWP	FSREX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	0.68%	+4.02%
Volatility (6M) Calculated over the trailing 6-month period	11.30%	1.89%	+9.41%
Volatility (1Y) Calculated over the trailing 1-year period	14.28%	2.45%	+11.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.06%	4.77%	+17.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.61%	7.89%	+15.72%

AWP vs. FSREX - Expense Ratio Comparison

AWP has a 1.19% expense ratio, which is higher than FSREX's 0.00% expense ratio.

Dividends

AWP vs. FSREX - Dividend Comparison

AWP's dividend yield for the trailing twelve months is around 12.47%, more than FSREX's 5.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWP abrdn Global Premier Properties Fund	12.47%	12.50%	12.44%	12.37%	12.31%	7.02%	9.13%	8.49%	12.05%	8.90%	11.70%	10.40%
FSREX Fidelity Series Real Estate Income Fund	5.07%	5.64%	6.05%	7.43%	9.99%	3.58%	6.24%	6.62%	5.87%	5.49%	5.22%	4.33%

Frequently Asked Questions

Can I hold both AWP and FSREX in my portfolio?

AWP and FSREX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWP or FSREX?

AWP has higher volatility (4.70%) compared to FSREX (0.68%). In terms of maximum drawdown, AWP dropped -85.93% vs FSREX's -32.02%.

Which has better risk-adjusted returns?

FSREX currently has the higher Sharpe Ratio (2.77 vs 0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.