FREL vs. O
Compare and contrast key facts about Fidelity MSCI Real Estate Index ETF (FREL) and Realty Income Corporation (O).
FREL is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Real Estate Index. It was launched on Feb 2, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FREL or O.
Performance
FREL vs. O - Performance Comparison
Returns By Period
In the year-to-date period, FREL achieves a 9.60% return, which is significantly higher than O's 2.79% return.
FREL
9.60%
-3.69%
12.99%
23.74%
3.96%
N/A
O
2.79%
-12.55%
5.32%
12.58%
-1.11%
7.16%
Key characteristics
FREL | O | |
---|---|---|
Sharpe Ratio | 1.47 | 0.69 |
Sortino Ratio | 2.07 | 1.07 |
Omega Ratio | 1.26 | 1.13 |
Calmar Ratio | 0.88 | 0.47 |
Martin Ratio | 5.36 | 1.74 |
Ulcer Index | 4.42% | 7.03% |
Daily Std Dev | 16.16% | 17.68% |
Max Drawdown | -42.61% | -48.45% |
Current Drawdown | -9.63% | -15.08% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between FREL and O is 0.78, 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.
Risk-Adjusted Performance
FREL vs. O - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Real Estate Index ETF (FREL) and Realty Income Corporation (O). 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
FREL vs. O - Dividend Comparison
FREL's dividend yield for the trailing twelve months is around 3.26%, less than O's 5.53% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity MSCI Real Estate Index ETF | 3.26% | 3.73% | 3.57% | 2.34% | 3.77% | 3.32% | 5.54% | 3.27% | 4.01% | 3.80% | 0.00% | 0.00% |
Realty Income Corporation | 5.53% | 5.33% | 4.68% | 3.87% | 4.50% | 3.69% | 4.18% | 4.45% | 4.18% | 4.41% | 4.59% | 5.83% |
Drawdowns
FREL vs. O - Drawdown Comparison
The maximum FREL drawdown since its inception was -42.61%, smaller than the maximum O drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for FREL and O. For additional features, visit the drawdowns tool.
Volatility
FREL vs. O - Volatility Comparison
The current volatility for Fidelity MSCI Real Estate Index ETF (FREL) is 4.98%, while Realty Income Corporation (O) has a volatility of 5.87%. This indicates that FREL experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.