BLRYX vs. FIREX

Last updated Aug 4, 2026

BLRYX (Brookfield Global Listed Real Estate Fund) and FIREX (Fidelity International Real Estate Fund) are both REIT funds. Their 0.73 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.95% expense ratio.

Performance

BLRYX vs. FIREX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookfield Global Listed Real Estate Fund (BLRYX) and Fidelity International Real Estate Fund (FIREX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BLRYX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FIREX

• 1D: -1.23%
• 1M: 1.16%
• 6M: -4.64%
• YTD: -1.04%
• 1Y: 5.84%
• 3Y*: 4.37%
• 5Y*: -3.36%
• 10Y*: 3.31%
• ALL TIME*: 4.64%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FIREX Fidelity International Real Estate Fund	$0.00	$0.00	$0.00

BLRYX vs. FIREX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLRYX Brookfield Global Listed Real Estate Fund	9.79%	10.99%	1.21%	7.11%	-22.02%	23.74%	-10.36%	20.46%	-8.13%	10.20%
FIREX Fidelity International Real Estate Fund	-1.04%	22.85%	-9.46%	4.01%	-26.61%	11.85%	5.71%	27.96%	-6.15%	24.61%

Correlation

The correlation between BLRYX and FIREX is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.70
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (10Y) Provides a long-term view across more market conditions.	0.71
Correlation (All Time) Calculated using the full available price history since Dec 1, 2011	0.73

The correlation between BLRYX and FIREX has been stable across timeframes, ranging from 0.68 to 0.73 - a consistent structural relationship.

Return for Risk

BLRYX vs. FIREX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BLRYX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FIREX

FIREX Risk / Return Rank: 11
FIREX Sharpe Ratio Rank: 12
FIREX Sortino Ratio Rank: 12
FIREX Omega Ratio Rank: 12
FIREX Calmar Ratio Rank: 9
FIREX Martin Ratio Rank: 8

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BLRYX vs. FIREX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookfield Global Listed Real Estate Fund (BLRYX) and Fidelity International Real Estate Fund (FIREX). 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.

	BLRYX	FIREX	Difference
Sharpe ratio: Return per unit of total volatility	—	0.54	—
Sortino ratio: Return per unit of downside risk	—	0.85	—
Omega ratio: Gain probability vs. loss probability	—	1.10	—
Calmar ratio: Return relative to maximum drawdown	—	0.48	—
Martin ratio: Return relative to average drawdown	—	0.98	—

Drawdowns

Drawdown Indicators

	BLRYX	FIREX	Difference
Max Drawdown Largest peak-to-trough decline	—	-71.40%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.00%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.14%	—
Current Drawdown Current decline from peak	—	-18.31%	—
Average Drawdown Average peak-to-trough decline	—	-18.73%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.86%	—

Volatility

Volatility by Period

	BLRYX	FIREX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	12.46%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.74%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	13.55%	—

BLRYX vs. FIREX - Expense Ratio Comparison

Both BLRYX and FIREX have an expense ratio of 0.95%.

Dividends

BLRYX vs. FIREX - Dividend Comparison

BLRYX's dividend yield for the trailing twelve months is around 2.15%, less than FIREX's 3.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLRYX Brookfield Global Listed Real Estate Fund	2.15%	2.55%	2.72%	1.86%	2.08%	2.25%	3.59%	4.91%	4.32%	3.92%	6.25%	4.08%
FIREX Fidelity International Real Estate Fund	3.00%	2.97%	5.27%	1.86%	4.44%	5.44%	1.77%	5.10%	2.01%	1.46%	4.14%	2.87%

Frequently Asked Questions

Can I hold both BLRYX and FIREX in my portfolio?

BLRYX and FIREX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.