FESIX vs. BRIIX
Compare and contrast key facts about Fidelity SAI Real Estate Index Fund (FESIX) and Baron Real Estate Income Fund (BRIIX).
FESIX is managed by Fidelity. It was launched on Feb 2, 2016. BRIIX is managed by Baron Capital Group, Inc.. It was launched on Dec 29, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FESIX or BRIIX.
Key characteristics
| FESIX | BRIIX | |
|---|---|---|
| YTD Return | -4.14% | -1.51% |
| 1Y Return | 6.72% | 7.83% |
| 3Y Return (Ann) | -1.35% | -1.45% |
| 5Y Return (Ann) | 0.67% | 8.19% |
| Sharpe Ratio | 0.34 | 0.45 |
| Daily Std Dev | 19.22% | 17.43% |
| Max Drawdown | -44.22% | -37.06% |
| Current Drawdown | -21.18% | -17.50% |
Correlation
The correlation between FESIX and BRIIX is 0.91, 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.
Performance
FESIX vs. BRIIX - Performance Comparison
In the year-to-date period, FESIX achieves a -4.14% return, which is significantly lower than BRIIX's -1.51% 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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FESIX vs. BRIIX - Expense Ratio Comparison
FESIX has a 0.07% expense ratio, which is lower than BRIIX's 1.08% expense ratio.
Risk-Adjusted Performance
FESIX vs. BRIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Real Estate Index Fund (FESIX) and Baron Real Estate Income Fund (BRIIX). 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
FESIX vs. BRIIX - Dividend Comparison
FESIX's dividend yield for the trailing twelve months is around 4.03%, more than BRIIX's 1.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FESIX Fidelity SAI Real Estate Index Fund | 4.03% | 3.87% | 55.39% | 5.01% | 2.71% | 3.78% | 4.03% | 2.84% | 2.90% |
BRIIX Baron Real Estate Income Fund | 1.98% | 1.94% | 2.00% | 1.42% | 0.77% | 1.12% | 3.01% | 0.00% | 0.00% |
Drawdowns
FESIX vs. BRIIX - Drawdown Comparison
The maximum FESIX drawdown since its inception was -44.22%, which is greater than BRIIX's maximum drawdown of -37.06%. Use the drawdown chart below to compare losses from any high point for FESIX and BRIIX. For additional features, visit the drawdowns tool.
Volatility
FESIX vs. BRIIX - Volatility Comparison
Fidelity SAI Real Estate Index Fund (FESIX) and Baron Real Estate Income Fund (BRIIX) have volatilities of 4.24% and 4.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.