BRIIX vs. FESIX
Compare and contrast key facts about Baron Real Estate Income Fund (BRIIX) and Fidelity SAI Real Estate Index Fund (FESIX).
BRIIX is managed by Baron Capital Group, Inc.. It was launched on Dec 29, 2017. FESIX is managed by Fidelity. It was launched on Feb 2, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRIIX or FESIX.
Key characteristics
| BRIIX | FESIX | |
|---|---|---|
| YTD Return | -4.21% | -7.60% |
| 1Y Return | 7.10% | 4.11% |
| 3Y Return (Ann) | -2.91% | -3.08% |
| 5Y Return (Ann) | 7.44% | -0.01% |
| Sharpe Ratio | 0.40 | 0.19 |
| Daily Std Dev | 17.46% | 19.20% |
| Max Drawdown | -37.06% | -44.22% |
| Current Drawdown | -19.76% | -24.02% |
Correlation
The correlation between BRIIX and FESIX is 0.91, 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.
Performance
BRIIX vs. FESIX - Performance Comparison
In the year-to-date period, BRIIX achieves a -4.21% return, which is significantly higher than FESIX's -7.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BRIIX vs. FESIX - Expense Ratio Comparison
BRIIX has a 1.08% expense ratio, which is higher than FESIX's 0.07% expense ratio.
Risk-Adjusted Performance
BRIIX vs. FESIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Real Estate Income Fund (BRIIX) and Fidelity SAI Real Estate Index Fund (FESIX). 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.
Dividends
BRIIX vs. FESIX - Dividend Comparison
BRIIX's dividend yield for the trailing twelve months is around 2.03%, less than FESIX's 4.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
BRIIX Baron Real Estate Income Fund | 2.03% | 1.94% | 2.00% | 1.42% | 0.77% | 1.12% | 3.01% | 0.00% | 0.00% |
FESIX Fidelity SAI Real Estate Index Fund | 4.19% | 3.87% | 55.39% | 5.01% | 2.71% | 3.78% | 4.03% | 2.84% | 2.90% |
Drawdowns
BRIIX vs. FESIX - Drawdown Comparison
The maximum BRIIX drawdown since its inception was -37.06%, smaller than the maximum FESIX drawdown of -44.22%. Use the drawdown chart below to compare losses from any high point for BRIIX and FESIX. For additional features, visit the drawdowns tool.
Volatility
BRIIX vs. FESIX - Volatility Comparison
The current volatility for Baron Real Estate Income Fund (BRIIX) is 5.70%, while Fidelity SAI Real Estate Index Fund (FESIX) has a volatility of 6.08%. This indicates that BRIIX experiences smaller price fluctuations and is considered to be less risky than FESIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.