FRESX vs. FRIRX
Compare and contrast key facts about Fidelity Real Estate Investment Portfolio (FRESX) and Fidelity Advisor Real Estate Income Fund Class I (FRIRX).
FRESX is managed by Fidelity. It was launched on Nov 17, 1986. FRIRX is managed by Fidelity.
Performance
FRESX vs. FRIRX - Performance Comparison
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FRESX vs. FRIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRESX Fidelity Real Estate Investment Portfolio | 3.33% | 2.54% | 5.87% | 10.82% | -24.36% | 42.34% | -7.93% | 25.22% | -4.48% | 4.28% |
FRIRX Fidelity Advisor Real Estate Income Fund Class I | 0.41% | 7.10% | 7.89% | 9.36% | -14.59% | 18.98% | -1.08% | 17.89% | -1.81% | 6.23% |
Returns By Period
In the year-to-date period, FRESX achieves a 3.33% return, which is significantly higher than FRIRX's 0.41% return. Over the past 10 years, FRESX has underperformed FRIRX with an annualized return of 4.56%, while FRIRX has yielded a comparatively higher 5.31% annualized return.
FRESX
- 1D
- 1.43%
- 1M
- -6.17%
- YTD
- 3.33%
- 6M
- 2.45%
- 1Y
- 2.35%
- 3Y*
- 6.43%
- 5Y*
- 4.05%
- 10Y*
- 4.56%
FRIRX
- 1D
- 0.41%
- 1M
- -2.56%
- YTD
- 0.41%
- 6M
- 1.15%
- 1Y
- 4.63%
- 3Y*
- 7.52%
- 5Y*
- 3.80%
- 10Y*
- 5.31%
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FRESX vs. FRIRX - Expense Ratio Comparison
Both FRESX and FRIRX have an expense ratio of 0.71%.
Return for Risk
FRESX vs. FRIRX — Risk / Return Rank
FRESX
FRIRX
FRESX vs. FRIRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Investment Portfolio (FRESX) and Fidelity Advisor Real Estate Income Fund Class I (FRIRX). 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.
| FRESX | FRIRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.15 | 0.98 | -0.83 |
Sortino ratioReturn per unit of downside risk | 0.32 | 1.30 | -0.98 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.19 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.28 | 1.14 | -0.86 |
Martin ratioReturn relative to average drawdown | 1.07 | 4.76 | -3.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FRESX | FRIRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 0.98 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.59 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.56 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.79 | -0.41 |
Correlation
The correlation between FRESX and FRIRX is 0.90, 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.
Dividends
FRESX vs. FRIRX - Dividend Comparison
FRESX's dividend yield for the trailing twelve months is around 4.49%, less than FRIRX's 4.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRESX Fidelity Real Estate Investment Portfolio | 4.49% | 4.64% | 5.58% | 6.95% | 10.16% | 3.70% | 4.77% | 6.91% | 4.23% | 4.00% | 4.90% | 6.09% |
FRIRX Fidelity Advisor Real Estate Income Fund Class I | 4.60% | 4.62% | 4.68% | 5.01% | 6.08% | 1.48% | 4.80% | 5.70% | 5.10% | 4.43% | 5.05% | 3.69% |
Drawdowns
FRESX vs. FRIRX - Drawdown Comparison
The maximum FRESX drawdown since its inception was -76.34%, which is greater than FRIRX's maximum drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for FRESX and FRIRX.
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Drawdown Indicators
| FRESX | FRIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.34% | -34.50% | -41.84% |
Max Drawdown (1Y)Largest decline over 1 year | -12.24% | -4.30% | -7.94% |
Max Drawdown (5Y)Largest decline over 5 years | -32.13% | -18.18% | -13.95% |
Max Drawdown (10Y)Largest decline over 10 years | -40.93% | -34.50% | -6.43% |
Current DrawdownCurrent decline from peak | -6.17% | -2.71% | -3.46% |
Average DrawdownAverage peak-to-trough decline | -11.16% | -3.30% | -7.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 1.03% | +2.12% |
Volatility
FRESX vs. FRIRX - Volatility Comparison
Fidelity Real Estate Investment Portfolio (FRESX) has a higher volatility of 4.32% compared to Fidelity Advisor Real Estate Income Fund Class I (FRIRX) at 1.66%. This indicates that FRESX's price experiences larger fluctuations and is considered to be riskier than FRIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRESX | FRIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.32% | 1.66% | +2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 9.17% | 2.84% | +6.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.35% | 4.91% | +11.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.73% | 6.53% | +12.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.57% | 9.49% | +11.08% |