FRESX vs. FXAIX
Compare and contrast key facts about Fidelity Real Estate Investment Portfolio (FRESX) and Fidelity 500 Index Fund (FXAIX).
FRESX is managed by Fidelity. It was launched on Nov 17, 1986. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRESX or FXAIX.
Key characteristics
| FRESX | FXAIX | |
|---|---|---|
| YTD Return | 10.03% | 26.92% |
| 1Y Return | 28.63% | 37.57% |
| 3Y Return (Ann) | -0.21% | 10.24% |
| 5Y Return (Ann) | 3.93% | 15.96% |
| 10Y Return (Ann) | 6.10% | 13.30% |
| Sharpe Ratio | 1.67 | 3.05 |
| Sortino Ratio | 2.41 | 4.06 |
| Omega Ratio | 1.30 | 1.57 |
| Calmar Ratio | 0.97 | 4.44 |
| Martin Ratio | 5.98 | 20.09 |
| Ulcer Index | 4.61% | 1.86% |
| Daily Std Dev | 16.48% | 12.28% |
| Max Drawdown | -75.98% | -33.79% |
| Current Drawdown | -7.78% | -0.28% |
Correlation
The correlation between FRESX and FXAIX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FRESX vs. FXAIX - Performance Comparison
In the year-to-date period, FRESX achieves a 10.03% return, which is significantly lower than FXAIX's 26.92% return. Over the past 10 years, FRESX has underperformed FXAIX with an annualized return of 6.10%, while FXAIX has yielded a comparatively higher 13.30% annualized return. 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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FRESX vs. FXAIX - Expense Ratio Comparison
FRESX has a 0.71% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FRESX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Investment Portfolio (FRESX) and Fidelity 500 Index Fund (FXAIX). 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
FRESX vs. FXAIX - Dividend Comparison
FRESX's dividend yield for the trailing twelve months is around 2.03%, more than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRESX Fidelity Real Estate Investment Portfolio | 2.03% | 2.31% | 1.71% | 0.78% | 2.93% | 2.36% | 2.57% | 1.80% | 1.73% | 5.54% | 1.66% | 3.08% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
FRESX vs. FXAIX - Drawdown Comparison
The maximum FRESX drawdown since its inception was -75.98%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FRESX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FRESX vs. FXAIX - Volatility Comparison
Fidelity Real Estate Investment Portfolio (FRESX) has a higher volatility of 5.19% compared to Fidelity 500 Index Fund (FXAIX) at 3.85%. This indicates that FRESX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.