CSRIX vs. FIKMX

Last updated Apr 2, 2026

Compare and contrast key facts about Cohen & Steers Institutional Realty Shares (CSRIX) and Fidelity Advisor Real Estate Income Fund Class Z (FIKMX).

CSRIX is managed by Cohen & Steers. It was launched on Feb 14, 2000. FIKMX is managed by Fidelity. It was launched on Oct 2, 2018.

Performance

CSRIX vs. FIKMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Institutional Realty Shares (CSRIX) and Fidelity Advisor Real Estate Income Fund Class Z (FIKMX). The values are adjusted to include any dividend payments, if applicable.

CSRIX vs. FIKMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CSRIX Cohen & Steers Institutional Realty Shares	2.92%	3.10%	6.26%	12.75%	-25.15%	42.40%	-2.55%	36.11%	-3.03%
FIKMX Fidelity Advisor Real Estate Income Fund Class Z	0.41%	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, CSRIX achieves a 2.92% return, which is significantly higher than FIKMX's 0.41% return.

CSRIX

• 1D: 1.02%
• 1M: -6.52%
• YTD: 2.92%
• 6M: 0.23%
• 1Y: 2.69%
• 3Y*: 7.46%
• 5Y*: 4.15%
• 10Y*: 6.43%

FIKMX

• 1D: 0.41%
• 1M: -2.56%
• YTD: 0.41%
• 6M: 1.22%
• 1Y: 4.81%
• 3Y*: 7.65%
• 5Y*: 3.93%
• 10Y*: —

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

CSRIX vs. FIKMX - Expense Ratio Comparison

CSRIX has a 0.76% expense ratio, which is higher than FIKMX's 0.59% expense ratio.

CSRIX

Cohen & Steers Institutional Realty Shares

FIKMX

Fidelity Advisor Real Estate Income Fund Class Z

Return for Risk

CSRIX vs. FIKMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSRIX

CSRIX Risk / Return Rank: 9
CSRIX Sharpe Ratio Rank: 8
CSRIX Sortino Ratio Rank: 7
CSRIX Omega Ratio Rank: 7
CSRIX Calmar Ratio Rank: 12
CSRIX Martin Ratio Rank: 12

FIKMX

FIKMX Risk / Return Rank: 42
FIKMX Sharpe Ratio Rank: 47
FIKMX Sortino Ratio Rank: 38
FIKMX Omega Ratio Rank: 40
FIKMX Calmar Ratio Rank: 40
FIKMX Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSRIX vs. FIKMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Institutional Realty Shares (CSRIX) 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.

	CSRIX	FIKMX	Difference
Sharpe ratio Return per unit of total volatility	0.18	0.99	-0.81
Sortino ratio Return per unit of downside risk	0.35	1.32	-0.97
Omega ratio Gain probability vs. loss probability	1.05	1.19	-0.15
Calmar ratio Return relative to maximum drawdown	0.34	1.17	-0.83
Martin ratio Return relative to average drawdown	1.18	4.90	-3.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSRIX vs. FIKMX - Sharpe Ratio Comparison

The current CSRIX Sharpe Ratio is 0.18, which is lower than the FIKMX Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of CSRIX and FIKMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CSRIX	FIKMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	0.99	-0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.61	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.52	-0.20

Correlation

The correlation between CSRIX and FIKMX 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

CSRIX vs. FIKMX - Dividend Comparison

CSRIX's dividend yield for the trailing twelve months is around 2.38%, less than FIKMX's 4.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSRIX Cohen & Steers Institutional Realty Shares	2.38%	3.14%	2.97%	3.04%	4.28%	3.87%	4.91%	12.97%	5.45%	6.28%	12.61%	13.63%
FIKMX Fidelity Advisor Real Estate Income Fund Class Z	4.78%	4.80%	4.81%	5.15%	6.24%	1.59%	4.90%	5.82%	2.31%	0.00%	0.00%	0.00%

Drawdowns

CSRIX vs. FIKMX - Drawdown Comparison

The maximum CSRIX drawdown since its inception was -41.45%, which is greater than FIKMX's maximum drawdown of -34.49%. Use the drawdown chart below to compare losses from any high point for CSRIX and FIKMX.

Drawdown Indicators

	CSRIX	FIKMX	Difference
Max Drawdown Largest peak-to-trough decline	-41.45%	-34.49%	-6.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-4.35%	-7.06%
Max Drawdown (5Y) Largest decline over 5 years	-31.79%	-18.04%	-13.75%
Max Drawdown (10Y) Largest decline over 10 years	-41.45%	—	—
Current Drawdown Current decline from peak	-6.52%	-2.72%	-3.80%
Average Drawdown Average peak-to-trough decline	-8.91%	-5.26%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	1.04%	+2.21%

Volatility

CSRIX vs. FIKMX - Volatility Comparison

Cohen & Steers Institutional Realty Shares (CSRIX) has a higher volatility of 4.43% compared to Fidelity Advisor Real Estate Income Fund Class Z (FIKMX) at 1.67%. This indicates that CSRIX'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.

Volatility by Period

	CSRIX	FIKMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	1.67%	+2.76%
Volatility (6M) Calculated over the trailing 6-month period	9.74%	2.90%	+6.84%
Volatility (1Y) Calculated over the trailing 1-year period	16.03%	4.96%	+11.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.56%	6.52%	+12.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.48%	10.69%	+9.79%