CRARX vs. FIKMX
Compare and contrast key facts about MainStay CBRE Real Estate Fund (CRARX) and Fidelity Advisor Real Estate Income Fund Class Z (FIKMX).
CRARX is managed by New York Life. It was launched on Dec 31, 1996. FIKMX is managed by Fidelity. It was launched on Oct 2, 2018.
Performance
CRARX vs. FIKMX - Performance Comparison
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CRARX vs. FIKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CRARX MainStay CBRE Real Estate Fund | 4.62% | -0.28% | 0.71% | 13.50% | -26.95% | 52.55% | -6.50% | 28.29% | -4.13% |
FIKMX Fidelity Advisor Real Estate Income Fund Class Z | -0.25% | 7.29% | 8.03% | 9.51% | -14.48% | 19.04% | -0.98% | 18.04% | -1.71% |
Returns By Period
In the year-to-date period, CRARX achieves a 4.62% return, which is significantly higher than FIKMX's -0.25% return.
CRARX
- 1D
- 0.57%
- 1M
- -5.92%
- YTD
- 4.62%
- 6M
- 3.08%
- 1Y
- 2.11%
- 3Y*
- 5.09%
- 5Y*
- 3.28%
- 10Y*
- 4.37%
FIKMX
- 1D
- -0.66%
- 1M
- -3.04%
- YTD
- -0.25%
- 6M
- 0.64%
- 1Y
- 4.04%
- 3Y*
- 7.41%
- 5Y*
- 3.79%
- 10Y*
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CRARX vs. FIKMX - Expense Ratio Comparison
CRARX has a 0.83% expense ratio, which is higher than FIKMX's 0.59% expense ratio.
Return for Risk
CRARX vs. FIKMX — Risk / Return Rank
CRARX
FIKMX
CRARX vs. FIKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay CBRE Real Estate Fund (CRARX) and Fidelity Advisor Real Estate Income Fund Class Z (FIKMX). 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.
| CRARX | FIKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.16 | 0.83 | -0.66 |
Sortino ratioReturn per unit of downside risk | 0.33 | 1.10 | -0.77 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.16 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.30 | 0.97 | -0.67 |
Martin ratioReturn relative to average drawdown | 1.17 | 3.98 | -2.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CRARX | FIKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | 0.83 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.58 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.51 | -0.19 |
Correlation
The correlation between CRARX and FIKMX is 0.88, 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
CRARX vs. FIKMX - Dividend Comparison
CRARX's dividend yield for the trailing twelve months is around 1.65%, less than FIKMX's 4.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRARX MainStay CBRE Real Estate Fund | 1.65% | 2.57% | 1.80% | 3.36% | 34.64% | 4.37% | 1.77% | 15.57% | 30.33% | 21.82% | 8.85% | 7.27% |
FIKMX Fidelity Advisor Real Estate Income Fund Class Z | 4.81% | 4.80% | 4.81% | 5.15% | 6.24% | 1.59% | 4.90% | 5.82% | 2.31% | 0.00% | 0.00% | 0.00% |
Drawdowns
CRARX vs. FIKMX - Drawdown Comparison
The maximum CRARX drawdown since its inception was -72.66%, which is greater than FIKMX's maximum drawdown of -34.49%. Use the drawdown chart below to compare losses from any high point for CRARX and FIKMX.
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Drawdown Indicators
| CRARX | FIKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.66% | -34.49% | -38.17% |
Max Drawdown (1Y)Largest decline over 1 year | -9.70% | -3.71% | -5.99% |
Max Drawdown (5Y)Largest decline over 5 years | -35.43% | -18.04% | -17.39% |
Max Drawdown (10Y)Largest decline over 10 years | -45.19% | — | — |
Current DrawdownCurrent decline from peak | -12.88% | -3.35% | -9.53% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -5.26% | -7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 1.06% | +2.04% |
Volatility
CRARX vs. FIKMX - Volatility Comparison
MainStay CBRE Real Estate Fund (CRARX) has a higher volatility of 4.24% compared to Fidelity Advisor Real Estate Income Fund Class Z (FIKMX) at 1.75%. This indicates that CRARX's price experiences larger fluctuations and is considered to be riskier than FIKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRARX | FIKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 1.75% | +2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 2.98% | +6.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.87% | 5.00% | +10.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.97% | 6.52% | +12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.28% | 10.69% | +10.59% |