FIRIX vs. REIIX

Last updated Jun 4, 2026

FIRIX (Fidelity Advisor International Real Estate Fund Class I) and REIIX (West Loop Realty Fund) are both REIT funds. At a 0.46 correlation, their price movements are largely independent. FIRIX charges 0.92%/yr vs 1.43%/yr for REIIX.

Performance

FIRIX vs. REIIX - Performance Comparison

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

Returns By Period

FIRIX

• 1D: -0.29%
• 1M: -3.23%
• YTD: -3.13%
• 6M: -1.61%
• 1Y: 4.47%
• 3Y*: 3.80%
• 5Y*: -3.19%
• 10Y*: 3.50%

REIIX

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

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

FIRIX vs. REIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIRIX Fidelity Advisor International Real Estate Fund Class I	-3.13%	22.73%	-9.43%	4.07%	-26.55%	11.87%	5.82%	28.09%	-6.12%	26.95%
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%

Correlation

The correlation between FIRIX and REIIX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.46

Return for Risk

FIRIX vs. REIIX — Risk / Return Rank

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

FIRIX

FIRIX Risk / Return Rank: 4
FIRIX Sharpe Ratio Rank: 4
FIRIX Sortino Ratio Rank: 4
FIRIX Omega Ratio Rank: 4
FIRIX Calmar Ratio Rank: 4
FIRIX Martin Ratio Rank: 4

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.

FIRIX vs. REIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Real Estate Fund Class I (FIRIX) 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.

	FIRIX	REIIX	Difference
Sharpe ratio: Return per unit of total volatility	0.30	—	—
Sortino ratio: Return per unit of downside risk	0.52	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.26	—	—
Martin ratio: Return relative to average drawdown	0.73	—	—
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

	FIRIX	REIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	—	—

Drawdowns

Drawdown Indicators

	FIRIX	REIIX	Difference
Max Drawdown Largest peak-to-trough decline	-71.41%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.13%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.07%	—	—
Current Drawdown Current decline from peak	-19.99%	—	—
Average Drawdown Average peak-to-trough decline	-19.98%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.03%	—	—

Volatility

Volatility by Period

	FIRIX	REIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.53%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.07%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.72%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.76%	—	—

FIRIX vs. REIIX - Expense Ratio Comparison

FIRIX has a 0.92% expense ratio, which is lower than REIIX's 1.43% expense ratio.

Dividends

FIRIX vs. REIIX - Dividend Comparison

FIRIX's dividend yield for the trailing twelve months is around 3.09%, while REIIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIRIX Fidelity Advisor International Real Estate Fund Class I	3.09%	2.99%	5.16%	1.90%	4.41%	5.49%	1.84%	5.15%	2.10%	3.41%	4.27%	3.09%
REIIX West Loop Realty Fund	0.00%	46.45%	1.45%	2.33%	12.09%	7.95%	3.11%	6.04%	3.29%	2.34%	4.64%	3.71%

Frequently Asked Questions

Can I hold both FIRIX and REIIX in my portfolio?

FIRIX and REIIX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.