FESIX vs. BLRYX

Last updated Aug 1, 2026

FESIX (Fidelity SAI Real Estate Index Fund) and BLRYX (Brookfield Global Listed Real Estate Fund) are both REIT funds. Their correlation of 0.90 means they have usually moved in the same direction. FESIX charges 0.07%/yr vs 0.95%/yr for BLRYX.

Performance

FESIX vs. BLRYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI Real Estate Index Fund (FESIX) and Brookfield Global Listed Real Estate Fund (BLRYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FESIX

• 1D: -1.20%
• 1M: 1.41%
• 6M: 11.44%
• YTD: 14.30%
• 1Y: 15.82%
• 3Y*: 9.29%
• 5Y*: 2.37%
• 10Y*: —
• ALL TIME*: 4.52%

BLRYX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FESIX Fidelity SAI Real Estate Index Fund	$0.00	$0.00	$0.00

FESIX vs. BLRYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FESIX Fidelity SAI Real Estate Index Fund	14.30%	3.09%	4.80%	11.83%	-26.47%	40.61%	-11.10%	23.06%	-4.95%	2.81%
BLRYX Brookfield Global Listed Real Estate Fund	9.79%	10.99%	1.21%	7.11%	-22.02%	23.74%	-10.36%	20.46%	-8.13%	10.20%

Correlation

The correlation between FESIX and BLRYX is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.90

The correlation between FESIX and BLRYX has been stable across timeframes, ranging from 0.82 to 0.91 - a consistent structural relationship.

Return for Risk

FESIX vs. BLRYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FESIX

FESIX Risk / Return Rank: 34
FESIX Sharpe Ratio Rank: 31
FESIX Sortino Ratio Rank: 31
FESIX Omega Ratio Rank: 30
FESIX Calmar Ratio Rank: 41
FESIX Martin Ratio Rank: 37

BLRYX

BLRYX Risk / Return Rank: 34
BLRYX Sharpe Ratio Rank: 36
BLRYX Sortino Ratio Rank: 35
BLRYX Omega Ratio Rank: 35
BLRYX Calmar Ratio Rank: 29
BLRYX Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FESIX vs. BLRYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Real Estate Index Fund (FESIX) and Brookfield Global Listed Real Estate Fund (BLRYX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FESIX	BLRYX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.48	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.65	—	—
Martin ratio: Return relative to average drawdown	5.29	—	—

Drawdowns

Drawdown Indicators

	FESIX	BLRYX	Difference
Max Drawdown Largest peak-to-trough decline	-44.22%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.51%	—	—
Current Drawdown Current decline from peak	-1.37%	—	—
Average Drawdown Average peak-to-trough decline	-11.22%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	—	—

Volatility

Volatility by Period

	FESIX	BLRYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.87%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.01%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.66%	—	—

FESIX vs. BLRYX - Expense Ratio Comparison

FESIX has a 0.07% expense ratio, which is lower than BLRYX's 0.95% expense ratio.

Dividends

FESIX vs. BLRYX - Dividend Comparison

FESIX's dividend yield for the trailing twelve months is around 2.77%, more than BLRYX's 2.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLRYX Brookfield Global Listed Real Estate Fund	2.15%	2.55%	2.72%	1.86%	2.08%	2.25%	3.59%	4.91%	4.32%	3.92%	6.25%	4.08%
FESIX Fidelity SAI Real Estate Index Fund	2.77%	3.09%	52.40%	3.87%	55.39%	5.01%	2.71%	3.78%	3.15%	2.21%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FESIX and BLRYX in my portfolio?

FESIX and BLRYX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.