PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FRESX vs. VGSLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FRESX and VGSLX 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.


-0.50.00.51.01.0

Performance

FRESX vs. VGSLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Real Estate Investment Portfolio (FRESX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
6.94%
8.63%
FRESX
VGSLX

Key characteristics

Sharpe Ratio

FRESX:

0.20

VGSLX:

0.29

Sortino Ratio

FRESX:

0.38

VGSLX:

0.50

Omega Ratio

FRESX:

1.05

VGSLX:

1.06

Calmar Ratio

FRESX:

0.13

VGSLX:

0.18

Martin Ratio

FRESX:

0.63

VGSLX:

1.00

Ulcer Index

FRESX:

5.01%

VGSLX:

4.72%

Daily Std Dev

FRESX:

15.76%

VGSLX:

16.14%

Max Drawdown

FRESX:

-75.98%

VGSLX:

-74.07%

Current Drawdown

FRESX:

-14.06%

VGSLX:

-14.55%

Returns By Period

In the year-to-date period, FRESX achieves a 2.53% return, which is significantly lower than VGSLX's 3.58% return. Both investments have delivered pretty close results over the past 10 years, with FRESX having a 4.83% annualized return and VGSLX not far behind at 4.78%.


FRESX

YTD

2.53%

1M

-8.85%

6M

6.94%

1Y

3.18%

5Y*

2.66%

10Y*

4.83%

VGSLX

YTD

3.58%

1M

-7.73%

6M

7.18%

1Y

4.36%

5Y*

3.06%

10Y*

4.78%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FRESX vs. VGSLX - Expense Ratio Comparison

FRESX has a 0.71% expense ratio, which is higher than VGSLX's 0.12% expense ratio.


FRESX
Fidelity Real Estate Investment Portfolio
Expense ratio chart for FRESX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%
Expense ratio chart for VGSLX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Risk-Adjusted Performance

FRESX vs. VGSLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Investment Portfolio (FRESX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX). 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.


Sharpe ratio
The chart of Sharpe ratio for FRESX, currently valued at 0.20, compared to the broader market-1.000.001.002.003.004.000.200.27
The chart of Sortino ratio for FRESX, currently valued at 0.38, compared to the broader market-2.000.002.004.006.008.0010.000.380.47
The chart of Omega ratio for FRESX, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.003.501.051.06
The chart of Calmar ratio for FRESX, currently valued at 0.13, compared to the broader market0.002.004.006.008.0010.0012.0014.000.130.17
The chart of Martin ratio for FRESX, currently valued at 0.63, compared to the broader market0.0020.0040.0060.000.630.92
FRESX
VGSLX

The current FRESX Sharpe Ratio is 0.20, which is lower than the VGSLX Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of FRESX and VGSLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.20
0.27
FRESX
VGSLX

Dividends

FRESX vs. VGSLX - Dividend Comparison

FRESX's dividend yield for the trailing twelve months is around 1.02%, less than VGSLX's 2.90% yield.


TTM20232022202120202019201820172016201520142013
FRESX
Fidelity Real Estate Investment Portfolio
1.02%2.31%1.71%0.78%2.93%2.36%2.57%1.80%1.73%5.54%1.66%3.08%
VGSLX
Vanguard Real Estate Index Fund Admiral Shares
2.90%3.96%3.91%2.56%3.92%3.39%4.73%4.23%4.82%3.92%3.60%4.32%

Drawdowns

FRESX vs. VGSLX - Drawdown Comparison

The maximum FRESX drawdown since its inception was -75.98%, roughly equal to the maximum VGSLX drawdown of -74.07%. Use the drawdown chart below to compare losses from any high point for FRESX and VGSLX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-14.06%
-14.55%
FRESX
VGSLX

Volatility

FRESX vs. VGSLX - Volatility Comparison

The current volatility for Fidelity Real Estate Investment Portfolio (FRESX) is 5.05%, while Vanguard Real Estate Index Fund Admiral Shares (VGSLX) has a volatility of 5.38%. This indicates that FRESX experiences smaller price fluctuations and is considered to be less risky than VGSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.50%3.00%3.50%4.00%4.50%5.00%5.50%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.05%
5.38%
FRESX
VGSLX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab