FIRTX vs. CSJZX

Last updated Jun 4, 2026

FIRTX (Fidelity Advisor International Real Estate Fund Class M) and CSJZX (Cohen & Steers Realty Shares Fund Class Z) are both REIT funds. Over the past 5 years, FIRTX returned -3.71%/yr vs 3.96%/yr for CSJZX. A 0.55 correlation means they provide meaningful diversification when combined. FIRTX charges 1.45%/yr vs 0.80%/yr for CSJZX.

Performance

FIRTX vs. CSJZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Real Estate Fund Class M (FIRTX) and Cohen & Steers Realty Shares Fund Class Z (CSJZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIRTX achieves a -3.29% return, which is significantly lower than CSJZX's 11.58% return.

FIRTX

• 1D: -0.30%
• 1M: -3.19%
• YTD: -3.29%
• 6M: -1.87%
• 1Y: 3.95%
• 3Y*: 3.27%
• 5Y*: -3.71%
• 10Y*: 2.75%

CSJZX

• 1D: 0.39%
• 1M: -0.94%
• YTD: 11.58%
• 6M: 10.44%
• 1Y: 10.97%
• 3Y*: 10.55%
• 5Y*: 3.96%
• 10Y*: —

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

FIRTX vs. CSJZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FIRTX Fidelity Advisor International Real Estate Fund Class M	-3.29%	22.10%	-9.90%	3.52%	-27.01%	11.24%	5.01%	8.93%
CSJZX Cohen & Steers Realty Shares Fund Class Z	11.58%	2.92%	6.62%	12.79%	-24.89%	42.37%	-5.11%	7.71%

Correlation

The correlation between FIRTX and CSJZX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jul 3, 2019	0.55

The correlation between FIRTX and CSJZX has been stable across timeframes, ranging from 0.49 to 0.56 - a consistent structural relationship.

Return for Risk

FIRTX vs. CSJZX — Risk / Return Rank

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

FIRTX

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

CSJZX

CSJZX Risk / Return Rank: 11
CSJZX Sharpe Ratio Rank: 10
CSJZX Sortino Ratio Rank: 9
CSJZX Omega Ratio Rank: 10
CSJZX Calmar Ratio Rank: 15
CSJZX Martin Ratio Rank: 12

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.

FIRTX vs. CSJZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Real Estate Fund Class M (FIRTX) and Cohen & Steers Realty Shares Fund Class Z (CSJZX). 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.

	FIRTX	CSJZX	Difference
Sharpe ratio Return per unit of total volatility	0.27	0.79	-0.52
Sortino ratio Return per unit of downside risk	0.47	1.13	-0.66
Omega ratio Gain probability vs. loss probability	1.06	1.14	-0.09
Calmar ratio Return relative to maximum drawdown	0.23	1.37	-1.13
Martin ratio Return relative to average drawdown	0.64	3.56	-2.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIRTX vs. CSJZX - Sharpe Ratio Comparison

The current FIRTX Sharpe Ratio is 0.27, which is lower than the CSJZX Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of FIRTX and CSJZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIRTX	CSJZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.27	0.79	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	0.21	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.27	-0.14

Drawdowns

FIRTX vs. CSJZX - Drawdown Comparison

The maximum FIRTX drawdown since its inception was -69.84%, which is greater than CSJZX's maximum drawdown of -41.66%. Use the drawdown chart below to compare losses from any high point for FIRTX and CSJZX.

Drawdown Indicators

	FIRTX	CSJZX	Difference
Max Drawdown Largest peak-to-trough decline	-69.84%	-41.66%	-28.18%
Max Drawdown (1Y) Largest decline over 1 year	-13.82%	-7.77%	-6.05%
Max Drawdown (3Y) Largest decline over 3 years	-18.21%	-17.00%	-1.21%
Max Drawdown (5Y) Largest decline over 5 years	-37.81%	-31.61%	-6.20%
Max Drawdown (10Y) Largest decline over 10 years	-37.81%	—	—
Current Drawdown Current decline from peak	-22.01%	-2.88%	-19.13%
Average Drawdown Average peak-to-trough decline	-17.88%	-11.45%	-6.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.04%	2.98%	+2.06%

Volatility

FIRTX vs. CSJZX - Volatility Comparison

The current volatility for Fidelity Advisor International Real Estate Fund Class M (FIRTX) is 3.49%, while Cohen & Steers Realty Shares Fund Class Z (CSJZX) has a volatility of 3.69%. This indicates that FIRTX experiences smaller price fluctuations and is considered to be less risky than CSJZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIRTX	CSJZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.49%	3.69%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	9.78%	10.15%	-0.37%
Volatility (1Y) Calculated over the trailing 1-year period	12.04%	13.49%	-1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.71%	18.65%	-4.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.77%	22.97%	-9.20%

FIRTX vs. CSJZX - Expense Ratio Comparison

FIRTX has a 1.45% expense ratio, which is higher than CSJZX's 0.80% expense ratio.

Dividends

FIRTX vs. CSJZX - Dividend Comparison

FIRTX's dividend yield for the trailing twelve months is around 2.55%, less than CSJZX's 2.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSJZX Cohen & Steers Realty Shares Fund Class Z	2.79%	3.05%	2.82%	3.54%	7.57%	3.72%	2.58%	8.65%	0.00%	0.00%	0.00%	0.00%
FIRTX Fidelity Advisor International Real Estate Fund Class M	2.55%	2.47%	4.85%	1.17%	4.11%	5.12%	1.23%	4.39%	1.64%	1.25%	3.88%	2.38%

Frequently Asked Questions

Can I hold both FIRTX and CSJZX in my portfolio?

FIRTX and CSJZX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIRTX or CSJZX?

CSJZX has higher volatility (3.69%) compared to FIRTX (3.49%). In terms of maximum drawdown, FIRTX dropped -69.84% vs CSJZX's -41.66%.

Which has better risk-adjusted returns?

CSJZX currently has the higher Sharpe Ratio (0.79 vs 0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.