FIREX vs. REIIX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity International Real Estate Fund (FIREX) and West Loop Realty Fund (REIIX).

FIREX is managed by Fidelity. It was launched on Sep 8, 2004. REIIX is managed by Liberty Street. It was launched on Dec 31, 2013.

Performance

FIREX vs. REIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Real Estate Fund (FIREX) and West Loop Realty Fund (REIIX). The values are adjusted to include any dividend payments, if applicable.

FIREX vs. REIIX - 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%
REIIX West Loop Realty Fund	0.00%	2.21%	-5.60%	13.33%	-26.09%	39.77%	-2.90%	30.07%	-8.91%	6.80%

Returns By Period

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%

REIIX

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

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

FIREX vs. REIIX - Expense Ratio Comparison

FIREX has a 0.95% expense ratio, which is lower than REIIX's 1.43% expense ratio.

REIIX

West Loop Realty Fund

FIREX

Fidelity International Real Estate Fund

Return for Risk

FIREX vs. REIIX — Risk / Return Rank

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

FIREX

FIREX Risk / Return Rank: 50
FIREX Sharpe Ratio Rank: 62
FIREX Sortino Ratio Rank: 58
FIREX Omega Ratio Rank: 52
FIREX Calmar Ratio Rank: 36
FIREX Martin Ratio Rank: 40

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.

FIREX vs. REIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Real Estate Fund (FIREX) and West Loop Realty Fund (REIIX). 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	REIIX	Difference
Sharpe ratio Return per unit of total volatility	1.17	—	—
Sortino ratio Return per unit of downside risk	1.61	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	1.05	—	—
Martin ratio Return relative to average drawdown	4.43	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FIREX	REIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	—	—

Correlation

The correlation between FIREX and REIIX is 0.47, 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. REIIX - Dividend Comparison

FIREX's dividend yield for the trailing twelve months is around 3.07%, less than REIIX's 46.45% 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%
REIIX West Loop Realty Fund	46.45%	46.45%	1.45%	2.33%	12.09%	7.95%	3.11%	6.04%	3.29%	2.34%	4.64%	3.71%

Drawdowns

Drawdown Indicators

	FIREX	REIIX	Difference
Max Drawdown Largest peak-to-trough decline	-71.40%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.14%	—	—
Current Drawdown Current decline from peak	-20.18%	—	—
Average Drawdown Average peak-to-trough decline	-18.74%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	—	—

Volatility

Volatility by Period

	FIREX	REIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.97%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.55%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.68%	—	—