FIKJX vs. FRIRX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Real Estate Fund Class Z (FIKJX) and Fidelity Advisor Real Estate Income Fund Class I (FRIRX).

FIKJX is managed by Fidelity. It was launched on Oct 2, 2018. FRIRX is managed by Fidelity.

Performance

FIKJX vs. FRIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Real Estate Fund Class Z (FIKJX) and Fidelity Advisor Real Estate Income Fund Class I (FRIRX). The values are adjusted to include any dividend payments, if applicable.

FIKJX vs. FRIRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIKJX Fidelity Advisor Real Estate Fund Class Z	2.73%	1.74%	-0.97%	11.34%	-27.80%	39.08%	-6.51%	23.24%	-4.15%
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%	-1.68%

Returns By Period

FIKJX

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

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%

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

FIKJX vs. FRIRX - Expense Ratio Comparison

FIKJX has a 0.64% expense ratio, which is lower than FRIRX's 0.71% expense ratio.

FRIRX

Fidelity Advisor Real Estate Income Fund Class I

FIKJX

Fidelity Advisor Real Estate Fund Class Z

Return for Risk

FIKJX vs. FRIRX — Risk / Return Rank

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

FRIRX

FRIRX Risk / Return Rank: 41
FRIRX Sharpe Ratio Rank: 46
FRIRX Sortino Ratio Rank: 38
FRIRX Omega Ratio Rank: 40
FRIRX Calmar Ratio Rank: 38
FRIRX 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.

FIKJX vs. FRIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Real Estate Fund Class Z (FIKJX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FIKJX	FRIRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.98	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.79	—

Correlation

The correlation between FIKJX and FRIRX is 0.88, 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

FIKJX vs. FRIRX - Dividend Comparison

FIKJX's dividend yield for the trailing twelve months is around 12.74%, more than FRIRX's 4.60% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIKJX Fidelity Advisor Real Estate Fund Class Z	12.74%	13.09%	1.04%	2.54%	18.78%	6.01%	4.17%	8.74%	5.18%	0.00%	0.00%	0.00%
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

Drawdown Indicators

	FIKJX	FRIRX	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.50%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.50%	—
Current Drawdown Current decline from peak	—	-2.71%	—
Average Drawdown Average peak-to-trough decline	—	-3.30%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.03%	—

Volatility

Volatility by Period

	FIKJX	FRIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	4.91%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	6.53%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	9.49%	—