FIREX vs. FRESX
Compare and contrast key facts about Fidelity International Real Estate Fund (FIREX) and Fidelity Real Estate Investment Portfolio (FRESX).
FIREX is managed by Fidelity. It was launched on Sep 8, 2004. FRESX is managed by Fidelity. It was launched on Nov 17, 1986.
Performance
FIREX vs. FRESX - Performance Comparison
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FIREX vs. FRESX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIREX Fidelity International Real Estate Fund | -3.31% | 22.85% | -9.46% | 4.01% | -26.61% | 11.85% | 5.71% | 27.96% | -6.15% | 24.61% |
FRESX Fidelity Real Estate Investment Portfolio | 3.33% | 2.54% | 5.87% | 10.82% | -24.36% | 42.34% | -7.93% | 25.22% | -4.48% | 4.28% |
Returns By Period
In the year-to-date period, FIREX achieves a -3.31% return, which is significantly lower than FRESX's 3.33% return. Over the past 10 years, FIREX has underperformed FRESX with an annualized return of 3.60%, while FRESX has yielded a comparatively higher 4.56% annualized return.
FIREX
- 1D
- 1.89%
- 1M
- -10.33%
- YTD
- -3.31%
- 6M
- -1.14%
- 1Y
- 14.41%
- 3Y*
- 3.84%
- 5Y*
- -2.02%
- 10Y*
- 3.60%
FRESX
- 1D
- 1.43%
- 1M
- -6.17%
- YTD
- 3.33%
- 6M
- 2.45%
- 1Y
- 2.35%
- 3Y*
- 6.43%
- 5Y*
- 4.05%
- 10Y*
- 4.56%
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FIREX vs. FRESX - Expense Ratio Comparison
FIREX has a 0.95% expense ratio, which is higher than FRESX's 0.71% expense ratio.
Return for Risk
FIREX vs. FRESX — Risk / Return Rank
FIREX
FRESX
FIREX vs. FRESX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Real Estate Fund (FIREX) and Fidelity Real Estate Investment Portfolio (FRESX). 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.
| FIREX | FRESX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 0.15 | +1.01 |
Sortino ratioReturn per unit of downside risk | 1.61 | 0.32 | +1.28 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.04 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.05 | 0.28 | +0.77 |
Martin ratioReturn relative to average drawdown | 4.43 | 1.07 | +3.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIREX | FRESX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.15 | +1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | 0.22 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.22 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.38 | -0.13 |
Correlation
The correlation between FIREX and FRESX is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FIREX vs. FRESX - Dividend Comparison
FIREX's dividend yield for the trailing twelve months is around 3.07%, less than FRESX's 4.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIREX Fidelity International Real Estate Fund | 3.07% | 2.97% | 5.27% | 1.86% | 4.44% | 5.44% | 1.77% | 5.10% | 2.01% | 1.46% | 4.14% | 2.87% |
FRESX Fidelity Real Estate Investment Portfolio | 4.49% | 4.64% | 5.58% | 6.95% | 10.16% | 3.70% | 4.77% | 6.91% | 4.23% | 4.00% | 4.90% | 6.09% |
Drawdowns
FIREX vs. FRESX - Drawdown Comparison
The maximum FIREX drawdown since its inception was -71.40%, smaller than the maximum FRESX drawdown of -76.34%. Use the drawdown chart below to compare losses from any high point for FIREX and FRESX.
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Drawdown Indicators
| FIREX | FRESX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.40% | -76.34% | +4.94% |
Max Drawdown (1Y)Largest decline over 1 year | -13.75% | -12.24% | -1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -37.14% | -32.13% | -5.01% |
Max Drawdown (10Y)Largest decline over 10 years | -37.14% | -40.93% | +3.79% |
Current DrawdownCurrent decline from peak | -20.18% | -6.17% | -14.01% |
Average DrawdownAverage peak-to-trough decline | -18.74% | -11.16% | -7.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.15% | +0.10% |
Volatility
FIREX vs. FRESX - Volatility Comparison
Fidelity International Real Estate Fund (FIREX) has a higher volatility of 5.66% compared to Fidelity Real Estate Investment Portfolio (FRESX) at 4.32%. This indicates that FIREX's price experiences larger fluctuations and is considered to be riskier than FRESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIREX | FRESX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 4.32% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 8.87% | 9.17% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.97% | 16.35% | -3.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.55% | 18.73% | -5.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.68% | 20.57% | -6.89% |