CRARX vs. FRIRX
Compare and contrast key facts about MainStay CBRE Real Estate Fund (CRARX) and Fidelity Advisor Real Estate Income Fund Class I (FRIRX).
CRARX is managed by New York Life. It was launched on Dec 31, 1996. FRIRX is managed by Fidelity.
Performance
CRARX vs. FRIRX - Performance Comparison
Loading graphics...
CRARX vs. FRIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRARX MainStay CBRE Real Estate Fund | 4.03% | -0.28% | 0.71% | 13.50% | -26.95% | 52.55% | -6.50% | 28.29% | -8.00% | 5.23% |
FRIRX Fidelity Advisor Real Estate Income Fund Class I | 0.41% | 7.10% | 7.89% | 9.36% | -14.59% | 18.98% | -1.08% | 17.89% | -1.81% | 6.23% |
Returns By Period
In the year-to-date period, CRARX achieves a 4.03% return, which is significantly higher than FRIRX's 0.41% return. Over the past 10 years, CRARX has underperformed FRIRX with an annualized return of 4.31%, while FRIRX has yielded a comparatively higher 5.31% annualized return.
CRARX
- 1D
- 0.67%
- 1M
- -7.02%
- YTD
- 4.03%
- 6M
- 1.92%
- 1Y
- 2.02%
- 3Y*
- 4.89%
- 5Y*
- 3.16%
- 10Y*
- 4.31%
FRIRX
- 1D
- 0.41%
- 1M
- -2.56%
- YTD
- 0.41%
- 6M
- 1.15%
- 1Y
- 4.63%
- 3Y*
- 7.52%
- 5Y*
- 3.80%
- 10Y*
- 5.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CRARX vs. FRIRX - Expense Ratio Comparison
CRARX has a 0.83% expense ratio, which is higher than FRIRX's 0.71% expense ratio.
Return for Risk
CRARX vs. FRIRX — Risk / Return Rank
CRARX
FRIRX
CRARX vs. FRIRX - 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 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.
| CRARX | FRIRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.13 | 0.98 | -0.85 |
Sortino ratioReturn per unit of downside risk | 0.28 | 1.30 | -1.02 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.19 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 0.26 | 1.14 | -0.88 |
Martin ratioReturn relative to average drawdown | 1.02 | 4.76 | -3.74 |
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
| CRARX | FRIRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 0.98 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.59 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.56 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.79 | -0.47 |
Correlation
The correlation between CRARX and FRIRX is 0.89, 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. FRIRX - Dividend Comparison
CRARX's dividend yield for the trailing twelve months is around 1.66%, less than FRIRX's 4.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRARX MainStay CBRE Real Estate Fund | 1.66% | 2.57% | 1.80% | 3.36% | 34.64% | 4.37% | 1.77% | 15.57% | 30.33% | 21.82% | 8.85% | 7.27% |
FRIRX Fidelity Advisor Real Estate Income Fund Class I | 4.60% | 4.62% | 4.68% | 5.01% | 6.08% | 1.48% | 4.80% | 5.70% | 5.10% | 4.43% | 5.05% | 3.69% |
Drawdowns
CRARX vs. FRIRX - Drawdown Comparison
The maximum CRARX drawdown since its inception was -72.66%, which is greater than FRIRX's maximum drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for CRARX and FRIRX.
Loading graphics...
Drawdown Indicators
| CRARX | FRIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.66% | -34.50% | -38.16% |
Max Drawdown (1Y)Largest decline over 1 year | -12.25% | -4.30% | -7.95% |
Max Drawdown (5Y)Largest decline over 5 years | -35.43% | -18.18% | -17.25% |
Max Drawdown (10Y)Largest decline over 10 years | -45.19% | -34.50% | -10.69% |
Current DrawdownCurrent decline from peak | -13.38% | -2.71% | -10.67% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -3.30% | -9.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 1.03% | +2.04% |
Volatility
CRARX vs. FRIRX - Volatility Comparison
MainStay CBRE Real Estate Fund (CRARX) has a higher volatility of 4.16% compared to Fidelity Advisor Real Estate Income Fund Class I (FRIRX) at 1.66%. This indicates that CRARX'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
| CRARX | FRIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 1.66% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 9.01% | 2.84% | +6.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 4.91% | +10.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.98% | 6.53% | +12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.29% | 9.49% | +11.80% |