BREIX vs. FRIRX
Compare and contrast key facts about Baron Real Estate Fund (BREIX) and Fidelity Advisor Real Estate Income Fund Class I (FRIRX).
BREIX is managed by Baron Capital Group, Inc.. It was launched on Dec 31, 2009. FRIRX is managed by Fidelity.
Performance
BREIX vs. FRIRX - Performance Comparison
Loading graphics...
BREIX vs. FRIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BREIX Baron Real Estate Fund | -7.81% | 5.18% | 12.46% | 25.04% | -28.45% | 24.41% | 44.35% | 44.60% | -22.05% | 31.44% |
FRIRX Fidelity Advisor Real Estate Income Fund Class I | 0.00% | 7.10% | 7.89% | 9.36% | -14.59% | 18.98% | -1.08% | 17.89% | -1.81% | 6.23% |
Returns By Period
Over the past 10 years, BREIX has outperformed FRIRX with an annualized return of 10.35%, while FRIRX has yielded a comparatively lower 5.26% annualized return.
BREIX
- 1D
- -0.21%
- 1M
- -9.59%
- YTD
- -7.81%
- 6M
- -9.03%
- 1Y
- 3.92%
- 3Y*
- 8.39%
- 5Y*
- 1.79%
- 10Y*
- 10.35%
FRIRX
- 1D
- 0.33%
- 1M
- -3.11%
- YTD
- 0.00%
- 6M
- 0.98%
- 1Y
- 4.37%
- 3Y*
- 7.38%
- 5Y*
- 3.90%
- 10Y*
- 5.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BREIX vs. FRIRX - Expense Ratio Comparison
BREIX has a 1.05% expense ratio, which is higher than FRIRX's 0.71% expense ratio.
Return for Risk
BREIX vs. FRIRX — Risk / Return Rank
BREIX
FRIRX
BREIX vs. FRIRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Real Estate Fund (BREIX) and Fidelity Advisor Real Estate Income Fund Class I (FRIRX). 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.
| BREIX | FRIRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.23 | 0.91 | -0.68 |
Sortino ratioReturn per unit of downside risk | 0.47 | 1.21 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.18 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.22 | 1.10 | -0.88 |
Martin ratioReturn relative to average drawdown | 0.65 | 4.66 | -4.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BREIX | FRIRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.91 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 0.60 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.56 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.78 | -0.17 |
Correlation
The correlation between BREIX and FRIRX is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
BREIX vs. FRIRX - Dividend Comparison
BREIX's dividend yield for the trailing twelve months is around 4.12%, less than FRIRX's 4.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BREIX Baron Real Estate Fund | 4.12% | 3.79% | 0.40% | 0.43% | 2.85% | 7.95% | 6.18% | 13.78% | 12.19% | 4.71% | 1.17% | 1.96% |
FRIRX Fidelity Advisor Real Estate Income Fund Class I | 4.62% | 4.62% | 4.68% | 5.01% | 6.08% | 1.48% | 4.80% | 5.70% | 5.10% | 4.43% | 5.05% | 3.69% |
Drawdowns
BREIX vs. FRIRX - Drawdown Comparison
The maximum BREIX drawdown since its inception was -38.47%, which is greater than FRIRX's maximum drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for BREIX and FRIRX.
Loading graphics...
Drawdown Indicators
| BREIX | FRIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.47% | -34.50% | -3.97% |
Max Drawdown (1Y)Largest decline over 1 year | -12.86% | -4.30% | -8.56% |
Max Drawdown (5Y)Largest decline over 5 years | -33.93% | -18.18% | -15.75% |
Max Drawdown (10Y)Largest decline over 10 years | -38.47% | -34.50% | -3.97% |
Current DrawdownCurrent decline from peak | -12.56% | -3.11% | -9.45% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -3.30% | -4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.36% | 1.01% | +3.35% |
Volatility
BREIX vs. FRIRX - Volatility Comparison
Baron Real Estate Fund (BREIX) has a higher volatility of 5.33% compared to Fidelity Advisor Real Estate Income Fund Class I (FRIRX) at 1.57%. This indicates that BREIX's price experiences larger fluctuations and is considered to be riskier than FRIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BREIX | FRIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 1.57% | +3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 11.62% | 2.81% | +8.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.89% | 4.91% | +14.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.67% | 6.53% | +14.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.14% | 9.49% | +11.65% |