FIKJX vs. FSRNX
Compare and contrast key facts about Fidelity Advisor Real Estate Fund Class Z (FIKJX) and Fidelity Real Estate Index Fund (FSRNX).
FIKJX is managed by Fidelity. It was launched on Oct 2, 2018. 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: FIKJX or FSRNX.
Correlation
The correlation between FIKJX and FSRNX is 0.98, 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
FIKJX vs. FSRNX - Performance Comparison
Key characteristics
FIKJX:
0.43
FSRNX:
0.83
FIKJX:
0.67
FSRNX:
1.19
FIKJX:
1.09
FSRNX:
1.15
FIKJX:
0.18
FSRNX:
0.51
FIKJX:
1.15
FSRNX:
2.83
FIKJX:
6.29%
FSRNX:
4.63%
FIKJX:
16.62%
FSRNX:
15.75%
FIKJX:
-45.85%
FSRNX:
-44.26%
FIKJX:
-29.63%
FSRNX:
-10.88%
Returns By Period
In the year-to-date period, FIKJX achieves a 3.42% return, which is significantly higher than FSRNX's 2.67% return.
FIKJX
3.42%
2.92%
-5.57%
6.31%
-4.36%
N/A
FSRNX
2.67%
1.97%
-1.56%
12.13%
1.05%
3.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIKJX vs. FSRNX - Expense Ratio Comparison
FIKJX has a 0.64% expense ratio, which is higher than FSRNX's 0.07% expense ratio.
Risk-Adjusted Performance
FIKJX vs. FSRNX — Risk-Adjusted Performance Rank
FIKJX
FSRNX
FIKJX vs. FSRNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Real Estate Fund Class Z (FIKJX) 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
FIKJX vs. FSRNX - Dividend Comparison
FIKJX's dividend yield for the trailing twelve months is around 2.10%, less than FSRNX's 2.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIKJX Fidelity Advisor Real Estate Fund Class Z | 2.10% | 2.17% | 2.54% | 1.62% | 0.98% | 1.77% | 2.33% | 1.42% | 0.00% | 0.00% | 0.00% | 0.00% |
FSRNX Fidelity Real Estate Index Fund | 2.78% | 2.86% | 2.84% | 2.66% | 1.25% | 3.33% | 3.18% | 3.73% | 2.27% | 2.58% | 2.57% | 4.18% |
Drawdowns
FIKJX vs. FSRNX - Drawdown Comparison
The maximum FIKJX drawdown since its inception was -45.85%, roughly equal to the maximum FSRNX drawdown of -44.26%. Use the drawdown chart below to compare losses from any high point for FIKJX and FSRNX. For additional features, visit the drawdowns tool.
Volatility
FIKJX vs. FSRNX - Volatility Comparison
Fidelity Advisor Real Estate Fund Class Z (FIKJX) has a higher volatility of 3.92% compared to Fidelity Real Estate Index Fund (FSRNX) at 3.70%. This indicates that FIKJX's price experiences larger fluctuations and is considered to be riskier than FSRNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.