FRESX vs. GRIFX
Compare and contrast key facts about Fidelity Real Estate Investment Portfolio (FRESX) and Apollo Diversified Real Estate Fund Class I (GRIFX).
FRESX is managed by Fidelity. It was launched on Nov 17, 1986. GRIFX is an actively managed fund by Apollo. It was launched on Jun 30, 2014.
Performance
FRESX vs. GRIFX - Performance Comparison
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FRESX vs. GRIFX - 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% |
GRIFX Apollo Diversified Real Estate Fund Class I | 1.73% | 1.14% | 3.78% | -3.05% | -1.17% | 22.08% | -2.69% | 8.38% | 4.97% | 6.73% |
Returns By Period
In the year-to-date period, FRESX achieves a 3.33% return, which is significantly higher than GRIFX's 1.73% return. Both investments have delivered pretty close results over the past 10 years, with FRESX having a 4.56% annualized return and GRIFX not far behind at 4.46%.
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%
GRIFX
- 1D
- 0.24%
- 1M
- -1.27%
- YTD
- 1.73%
- 6M
- 1.39%
- 1Y
- 2.95%
- 3Y*
- 1.50%
- 5Y*
- 3.73%
- 10Y*
- 4.46%
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FRESX vs. GRIFX - Expense Ratio Comparison
FRESX has a 0.71% expense ratio, which is lower than GRIFX's 2.23% expense ratio.
Return for Risk
FRESX vs. GRIFX — Risk / Return Rank
FRESX
GRIFX
FRESX vs. GRIFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Investment Portfolio (FRESX) and Apollo Diversified Real Estate Fund Class I (GRIFX). 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 | GRIFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.15 | 0.65 | -0.49 |
Sortino ratioReturn per unit of downside risk | 0.32 | 0.94 | -0.62 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.13 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.28 | 0.85 | -0.57 |
Martin ratioReturn relative to average drawdown | 1.07 | 3.72 | -2.64 |
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 | GRIFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 0.65 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.67 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.97 | -0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 1.01 | -0.63 |
Correlation
The correlation between FRESX and GRIFX is 0.88, 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. GRIFX - Dividend Comparison
FRESX's dividend yield for the trailing twelve months is around 4.49%, less than GRIFX's 5.28% 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% |
GRIFX Apollo Diversified Real Estate Fund Class I | 5.28% | 5.37% | 5.27% | 5.46% | 4.14% | 3.67% | 5.26% | 5.27% | 5.29% | 5.22% | 5.27% | 2.62% |
Drawdowns
FRESX vs. GRIFX - Drawdown Comparison
The maximum FRESX drawdown since its inception was -76.34%, which is greater than GRIFX's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for FRESX and GRIFX.
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Drawdown Indicators
| FRESX | GRIFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.34% | -14.29% | -62.05% |
Max Drawdown (1Y)Largest decline over 1 year | -12.24% | -3.61% | -8.63% |
Max Drawdown (5Y)Largest decline over 5 years | -32.13% | -14.29% | -17.84% |
Max Drawdown (10Y)Largest decline over 10 years | -40.93% | -14.29% | -26.64% |
Current DrawdownCurrent decline from peak | -6.17% | -4.02% | -2.15% |
Average DrawdownAverage peak-to-trough decline | -11.16% | -3.38% | -7.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 0.83% | +2.32% |
Volatility
FRESX vs. GRIFX - Volatility Comparison
Fidelity Real Estate Investment Portfolio (FRESX) has a higher volatility of 4.32% compared to Apollo Diversified Real Estate Fund Class I (GRIFX) at 0.88%. This indicates that FRESX's price experiences larger fluctuations and is considered to be riskier than GRIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRESX | GRIFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.32% | 0.88% | +3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 9.17% | 2.48% | +6.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.35% | 4.58% | +11.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.73% | 5.56% | +13.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.57% | 4.62% | +15.95% |