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

Correlation

The correlation between FRIFX and TIREX is 0.86, 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.


-0.50.00.51.00.9

Performance

FRIFX vs. TIREX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Real Estate Income Fund (FRIFX) and TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
4.46%
6.53%
FRIFX
TIREX

Key characteristics

Sharpe Ratio

FRIFX:

1.53

TIREX:

0.14

Sortino Ratio

FRIFX:

2.12

TIREX:

0.30

Omega Ratio

FRIFX:

1.28

TIREX:

1.04

Calmar Ratio

FRIFX:

0.98

TIREX:

0.08

Martin Ratio

FRIFX:

7.89

TIREX:

0.48

Ulcer Index

FRIFX:

1.01%

TIREX:

4.81%

Daily Std Dev

FRIFX:

5.18%

TIREX:

15.92%

Max Drawdown

FRIFX:

-39.77%

TIREX:

-74.18%

Current Drawdown

FRIFX:

-3.24%

TIREX:

-18.47%

Returns By Period

In the year-to-date period, FRIFX achieves a 7.10% return, which is significantly higher than TIREX's 2.00% return. Over the past 10 years, FRIFX has underperformed TIREX with an annualized return of 5.30%, while TIREX has yielded a comparatively higher 5.76% annualized return.


FRIFX

YTD

7.10%

1M

-1.80%

6M

4.54%

1Y

8.13%

5Y*

3.41%

10Y*

5.30%

TIREX

YTD

2.00%

1M

-8.31%

6M

6.86%

1Y

3.77%

5Y*

3.15%

10Y*

5.76%

Compare stocks, funds, or ETFs

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


FRIFX vs. TIREX - Expense Ratio Comparison

FRIFX has a 0.71% expense ratio, which is higher than TIREX's 0.47% expense ratio.


FRIFX
Fidelity Real Estate Income Fund
Expense ratio chart for FRIFX: 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 TIREX: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Risk-Adjusted Performance

FRIFX vs. TIREX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Income Fund (FRIFX) and TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX). 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 FRIFX, currently valued at 1.53, compared to the broader market-1.000.001.002.003.004.001.530.14
The chart of Sortino ratio for FRIFX, currently valued at 2.12, compared to the broader market-2.000.002.004.006.008.0010.002.120.30
The chart of Omega ratio for FRIFX, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.003.501.281.04
The chart of Calmar ratio for FRIFX, currently valued at 0.98, compared to the broader market0.002.004.006.008.0010.0012.0014.000.980.08
The chart of Martin ratio for FRIFX, currently valued at 7.89, compared to the broader market0.0020.0040.0060.007.890.48
FRIFX
TIREX

The current FRIFX Sharpe Ratio is 1.53, which is higher than the TIREX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of FRIFX and TIREX, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.53
0.14
FRIFX
TIREX

Dividends

FRIFX vs. TIREX - Dividend Comparison

FRIFX's dividend yield for the trailing twelve months is around 3.19%, more than TIREX's 2.39% yield.


TTM20232022202120202019201820172016201520142013
FRIFX
Fidelity Real Estate Income Fund
3.19%4.99%4.10%1.33%4.77%4.38%4.47%4.37%4.30%6.32%7.55%10.31%
TIREX
TIAA-CREF Real Estate Securities Fund Institutional Class
2.39%2.72%2.19%1.41%1.80%1.68%2.60%1.55%2.63%2.00%1.69%2.02%

Drawdowns

FRIFX vs. TIREX - Drawdown Comparison

The maximum FRIFX drawdown since its inception was -39.77%, smaller than the maximum TIREX drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for FRIFX and TIREX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.24%
-18.47%
FRIFX
TIREX

Volatility

FRIFX vs. TIREX - Volatility Comparison

The current volatility for Fidelity Real Estate Income Fund (FRIFX) is 1.52%, while TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) has a volatility of 4.96%. This indicates that FRIFX experiences smaller price fluctuations and is considered to be less risky than TIREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.52%
4.96%
FRIFX
TIREX
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