FIKJX vs. QREARX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Real Estate Fund Class Z (FIKJX) and TIAA Real Estate Account (QREARX).

FIKJX is managed by Fidelity. It was launched on Oct 2, 2018. QREARX is an actively managed fund by TIAA. It was launched on Oct 2, 1995.

Performance

FIKJX vs. QREARX - Performance Comparison

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

FIKJX vs. QREARX - Yearly Performance Comparison

	2026 (YTD)	2025
FIKJX Fidelity Advisor Real Estate Fund Class Z	2.73%	1.43%
QREARX TIAA Real Estate Account	0.61%	3.93%

Returns By Period

FIKJX

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

QREARX

• 1D: -0.18%
• 1M: 0.19%
• YTD: 0.61%
• 6M: 1.65%
• 1Y: 3.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIKJX vs. QREARX - Expense Ratio Comparison

FIKJX has a 0.64% expense ratio, which is lower than QREARX's 0.90% expense ratio.

QREARX

TIAA Real Estate Account

FIKJX

Fidelity Advisor Real Estate Fund Class Z

Return for Risk

FIKJX vs. QREARX — Risk / Return Rank

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

QREARX

QREARX Risk / Return Rank: 99
QREARX Sharpe Ratio Rank: 100
QREARX Sortino Ratio Rank: 99
QREARX Omega Ratio Rank: 99
QREARX Calmar Ratio Rank: 99
QREARX Martin Ratio Rank: 99

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. QREARX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Real Estate Fund Class Z (FIKJX) and TIAA Real Estate Account (QREARX). 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	QREARX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.12	—

Correlation

The correlation between FIKJX and QREARX is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

FIKJX vs. QREARX - Dividend Comparison

FIKJX's dividend yield for the trailing twelve months is around 12.74%, while QREARX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
QREARX TIAA Real Estate Account	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	FIKJX	QREARX	Difference
Max Drawdown Largest peak-to-trough decline	—	-1.45%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.37%	—
Current Drawdown Current decline from peak	—	-0.28%	—
Average Drawdown Average peak-to-trough decline	—	-0.05%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.09%	—

Volatility

Volatility by Period

	FIKJX	QREARX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.77%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1.76%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	1.76%	—