FIKMX vs. VRTPX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Real Estate Income Fund Class Z (FIKMX) and Vanguard Real Estate II Index Fund (VRTPX).

FIKMX is managed by Fidelity. It was launched on Oct 2, 2018. VRTPX is managed by Vanguard. It was launched on Sep 26, 2017.

Performance

FIKMX vs. VRTPX - Performance Comparison

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

FIKMX vs. VRTPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIKMX Fidelity Advisor Real Estate Income Fund Class Z	0.00%	7.29%	8.03%	9.51%	-14.48%	19.04%	-0.98%	18.04%	-1.71%
VRTPX Vanguard Real Estate II Index Fund	-0.21%	2.22%	3.72%	13.17%	-26.14%	40.37%	-4.65%	28.96%	-2.80%

Returns By Period

FIKMX

• 1D: 0.33%
• 1M: -3.12%
• YTD: 0.00%
• 6M: 1.05%
• 1Y: 4.47%
• 3Y*: 7.50%
• 5Y*: 4.02%
• 10Y*: —

VRTPX

• 1D: 0.38%
• 1M: -7.71%
• YTD: -0.21%
• 6M: -2.58%
• 1Y: 0.37%
• 3Y*: 5.57%
• 5Y*: 2.69%
• 10Y*: —

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

FIKMX vs. VRTPX - Expense Ratio Comparison

FIKMX has a 0.59% expense ratio, which is higher than VRTPX's 0.08% expense ratio.

FIKMX

Fidelity Advisor Real Estate Income Fund Class Z

VRTPX

Vanguard Real Estate II Index Fund

Return for Risk

FIKMX vs. VRTPX — Risk / Return Rank

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

FIKMX

FIKMX Risk / Return Rank: 44
FIKMX Sharpe Ratio Rank: 49
FIKMX Sortino Ratio Rank: 40
FIKMX Omega Ratio Rank: 42
FIKMX Calmar Ratio Rank: 44
FIKMX Martin Ratio Rank: 47

VRTPX

VRTPX Risk / Return Rank: 7
VRTPX Sharpe Ratio Rank: 7
VRTPX Sortino Ratio Rank: 6
VRTPX Omega Ratio Rank: 6
VRTPX Calmar Ratio Rank: 8
VRTPX Martin Ratio Rank: 8

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.

FIKMX vs. VRTPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Real Estate Income Fund Class Z (FIKMX) and Vanguard Real Estate II Index Fund (VRTPX). 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.

	FIKMX	VRTPX	Difference
Sharpe ratio Return per unit of total volatility	0.94	0.08	+0.87
Sortino ratio Return per unit of downside risk	1.25	0.22	+1.03
Omega ratio Gain probability vs. loss probability	1.18	1.03	+0.16
Calmar ratio Return relative to maximum drawdown	1.11	0.09	+1.01
Martin ratio Return relative to average drawdown	4.71	0.37	+4.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIKMX vs. VRTPX - Sharpe Ratio Comparison

The current FIKMX Sharpe Ratio is 0.94, which is higher than the VRTPX Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of FIKMX and VRTPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FIKMX	VRTPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	0.08	+0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.14	+0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.21	+0.31

Correlation

The correlation between FIKMX and VRTPX is 0.90, 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

FIKMX vs. VRTPX - Dividend Comparison

FIKMX's dividend yield for the trailing twelve months is around 4.80%, more than VRTPX's 3.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIKMX Fidelity Advisor Real Estate Income Fund Class Z	4.80%	4.80%	4.81%	5.15%	6.24%	1.59%	4.90%	5.82%	2.31%	0.00%
VRTPX Vanguard Real Estate II Index Fund	3.91%	2.79%	3.80%	3.93%	4.52%	2.58%	3.92%	3.50%	4.77%	1.32%

Drawdowns

FIKMX vs. VRTPX - Drawdown Comparison

The maximum FIKMX drawdown since its inception was -34.49%, smaller than the maximum VRTPX drawdown of -42.33%. Use the drawdown chart below to compare losses from any high point for FIKMX and VRTPX.

Drawdown Indicators

	FIKMX	VRTPX	Difference
Max Drawdown Largest peak-to-trough decline	-34.49%	-42.33%	+7.84%
Max Drawdown (1Y) Largest decline over 1 year	-4.35%	-12.41%	+8.06%
Max Drawdown (5Y) Largest decline over 5 years	-18.04%	-34.35%	+16.31%
Current Drawdown Current decline from peak	-3.12%	-11.56%	+8.44%
Average Drawdown Average peak-to-trough decline	-5.26%	-11.55%	+6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	3.15%	-2.13%

Volatility

FIKMX vs. VRTPX - Volatility Comparison

The current volatility for Fidelity Advisor Real Estate Income Fund Class Z (FIKMX) is 1.57%, while Vanguard Real Estate II Index Fund (VRTPX) has a volatility of 4.15%. This indicates that FIKMX experiences smaller price fluctuations and is considered to be less risky than VRTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIKMX	VRTPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	4.15%	-2.58%
Volatility (6M) Calculated over the trailing 6-month period	2.88%	9.12%	-6.24%
Volatility (1Y) Calculated over the trailing 1-year period	4.95%	16.32%	-11.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.52%	18.89%	-12.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.69%	21.92%	-11.23%