FAPDX vs. FSRNX
Compare and contrast key facts about Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund (FAPDX) and Fidelity Real Estate Index Fund (FSRNX).
FAPDX is managed by Fidelity. It was launched on Apr 13, 2022. FSRNX is a passively managed fund by Fidelity that tracks the performance of the MSCI US IMI Real Estate 25/25 Index. It was launched on Aug 9, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAPDX or FSRNX.
Key characteristics
| FAPDX | FSRNX | |
|---|---|---|
| YTD Return | 1.85% | -6.14% |
| 1Y Return | 5.36% | 3.84% |
| Sharpe Ratio | 5.27 | 0.17 |
| Daily Std Dev | 1.00% | 19.21% |
| Max Drawdown | -0.40% | -44.26% |
| Current Drawdown | 0.00% | -22.41% |
Correlation
The correlation between FAPDX and FSRNX is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FAPDX vs. FSRNX - Performance Comparison
In the year-to-date period, FAPDX achieves a 1.85% return, which is significantly higher than FSRNX's -6.14% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FAPDX vs. FSRNX - Expense Ratio Comparison
FAPDX has a 0.35% expense ratio, which is higher than FSRNX's 0.07% expense ratio.
Risk-Adjusted Performance
FAPDX vs. FSRNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund (FAPDX) and Fidelity Real Estate Index Fund (FSRNX). 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
FAPDX vs. FSRNX - Dividend Comparison
FAPDX's dividend yield for the trailing twelve months is around 3.72%, more than FSRNX's 3.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAPDX Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund | 3.72% | 3.44% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSRNX Fidelity Real Estate Index Fund | 3.03% | 2.84% | 2.66% | 1.25% | 3.33% | 3.93% | 4.43% | 2.86% | 3.95% | 2.57% | 4.18% | 3.54% |
Drawdowns
FAPDX vs. FSRNX - Drawdown Comparison
The maximum FAPDX drawdown since its inception was -0.40%, smaller than the maximum FSRNX drawdown of -44.26%. Use the drawdown chart below to compare losses from any high point for FAPDX and FSRNX. For additional features, visit the drawdowns tool.
Volatility
FAPDX vs. FSRNX - Volatility Comparison
The current volatility for Fidelity Sustainable Low Duration Bond FundFidelity SAI Sustainable Emerging Markets Equity Fund (FAPDX) is 0.26%, while Fidelity Real Estate Index Fund (FSRNX) has a volatility of 6.02%. This indicates that FAPDX experiences smaller price fluctuations and is considered to be less risky than FSRNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.