FPRO vs. VGSNX
Compare and contrast key facts about Fidelity Real Estate Investment ETF (FPRO) and Vanguard Real Estate Index Fund Institutional Shares (VGSNX).
FPRO is an actively managed fund by Fidelity. It was launched on Feb 2, 2021. VGSNX is managed by Vanguard. It was launched on Dec 2, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPRO or VGSNX.
Key characteristics
| FPRO | VGSNX | |
|---|---|---|
| YTD Return | 10.00% | 10.21% |
| 1Y Return | 27.00% | 29.47% |
| 3Y Return (Ann) | -0.24% | -1.06% |
| Sharpe Ratio | 1.71 | 1.75 |
| Sortino Ratio | 2.45 | 2.52 |
| Omega Ratio | 1.30 | 1.32 |
| Calmar Ratio | 0.96 | 0.97 |
| Martin Ratio | 6.13 | 6.80 |
| Ulcer Index | 4.52% | 4.41% |
| Daily Std Dev | 16.22% | 17.07% |
| Max Drawdown | -32.80% | -73.07% |
| Current Drawdown | -8.50% | -9.06% |
Correlation
The correlation between FPRO and VGSNX is 0.98, 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.
Performance
FPRO vs. VGSNX - Performance Comparison
The year-to-date returns for both investments are quite close, with FPRO having a 10.00% return and VGSNX slightly higher at 10.21%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FPRO vs. VGSNX - Expense Ratio Comparison
FPRO has a 0.59% expense ratio, which is higher than VGSNX's 0.10% expense ratio.
Risk-Adjusted Performance
FPRO vs. VGSNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Investment ETF (FPRO) and Vanguard Real Estate Index Fund Institutional Shares (VGSNX). 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.
Dividends
FPRO vs. VGSNX - Dividend Comparison
FPRO's dividend yield for the trailing twelve months is around 2.43%, less than VGSNX's 3.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPRO Fidelity Real Estate Investment ETF | 2.43% | 2.83% | 2.67% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGSNX Vanguard Real Estate Index Fund Institutional Shares | 3.87% | 3.97% | 3.94% | 2.57% | 3.94% | 3.41% | 4.76% | 4.26% | 4.84% | 3.94% | 3.62% | 4.34% |
Drawdowns
FPRO vs. VGSNX - Drawdown Comparison
The maximum FPRO drawdown since its inception was -32.80%, smaller than the maximum VGSNX drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for FPRO and VGSNX. For additional features, visit the drawdowns tool.
Volatility
FPRO vs. VGSNX - Volatility Comparison
Fidelity Real Estate Investment ETF (FPRO) and Vanguard Real Estate Index Fund Institutional Shares (VGSNX) have volatilities of 5.11% and 5.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.