FRIFX vs. VNQ
Compare and contrast key facts about Fidelity Real Estate Income Fund (FRIFX) and Vanguard Real Estate ETF (VNQ).
FRIFX is managed by Fidelity. It was launched on Feb 4, 2003. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRIFX or VNQ.
Key characteristics
| FRIFX | VNQ | |
|---|---|---|
| YTD Return | 8.97% | 10.24% |
| 1Y Return | 15.93% | 24.63% |
| 3Y Return (Ann) | 1.20% | -0.98% |
| 5Y Return (Ann) | 3.93% | 4.31% |
| 10Y Return (Ann) | 5.61% | 6.08% |
| Sharpe Ratio | 3.21 | 1.85 |
| Sortino Ratio | 4.90 | 2.65 |
| Omega Ratio | 1.68 | 1.33 |
| Calmar Ratio | 1.47 | 1.17 |
| Martin Ratio | 20.21 | 7.06 |
| Ulcer Index | 0.90% | 4.47% |
| Daily Std Dev | 5.66% | 17.09% |
| Max Drawdown | -39.77% | -73.07% |
| Current Drawdown | -1.55% | -9.06% |
Correlation
The correlation between FRIFX and VNQ is 0.87, 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.
Performance
FRIFX vs. VNQ - Performance Comparison
In the year-to-date period, FRIFX achieves a 8.97% return, which is significantly lower than VNQ's 10.24% return. Over the past 10 years, FRIFX has underperformed VNQ with an annualized return of 5.61%, while VNQ has yielded a comparatively higher 6.08% 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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FRIFX vs. VNQ - Expense Ratio Comparison
FRIFX has a 0.71% expense ratio, which is higher than VNQ's 0.12% expense ratio.
Risk-Adjusted Performance
FRIFX vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Income Fund (FRIFX) and Vanguard Real Estate ETF (VNQ). 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
FRIFX vs. VNQ - Dividend Comparison
FRIFX's dividend yield for the trailing twelve months is around 4.56%, more than VNQ's 3.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRIFX Fidelity Real Estate Income Fund | 4.56% | 4.99% | 4.10% | 1.33% | 4.77% | 4.38% | 4.47% | 4.37% | 4.30% | 6.32% | 7.55% | 10.31% |
VNQ Vanguard Real Estate ETF | 3.85% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
FRIFX vs. VNQ - Drawdown Comparison
The maximum FRIFX drawdown since its inception was -39.77%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for FRIFX and VNQ. For additional features, visit the drawdowns tool.
Volatility
FRIFX vs. VNQ - Volatility Comparison
The current volatility for Fidelity Real Estate Income Fund (FRIFX) is 1.63%, while Vanguard Real Estate ETF (VNQ) has a volatility of 5.25%. This indicates that FRIFX experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.