FRIOX vs. CRARX
Compare and contrast key facts about Fidelity Advisor Real Estate Income Fund Class C (FRIOX) and MainStay CBRE Real Estate Fund (CRARX).
FRIOX is managed by Fidelity. It was launched on Apr 14, 2010. CRARX is managed by New York Life. It was launched on Dec 31, 1996.
Performance
FRIOX vs. CRARX - Performance Comparison
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FRIOX vs. CRARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRIOX Fidelity Advisor Real Estate Income Fund Class C | 0.17% | 6.06% | 6.79% | 8.31% | -15.51% | 17.80% | -2.13% | 16.74% | -2.56% | 5.39% |
CRARX MainStay CBRE Real Estate Fund | 4.03% | -0.28% | 0.71% | 13.50% | -26.95% | 52.55% | -6.50% | 28.29% | -8.00% | 5.23% |
Returns By Period
In the year-to-date period, FRIOX achieves a 0.17% return, which is significantly lower than CRARX's 4.03% return. Both investments have delivered pretty close results over the past 10 years, with FRIOX having a 4.30% annualized return and CRARX not far ahead at 4.31%.
FRIOX
- 1D
- 0.42%
- 1M
- -2.70%
- YTD
- 0.17%
- 6M
- 0.71%
- 1Y
- 3.66%
- 3Y*
- 6.43%
- 5Y*
- 2.76%
- 10Y*
- 4.30%
CRARX
- 1D
- 0.67%
- 1M
- -7.02%
- YTD
- 4.03%
- 6M
- 1.92%
- 1Y
- 2.02%
- 3Y*
- 4.89%
- 5Y*
- 3.16%
- 10Y*
- 4.31%
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FRIOX vs. CRARX - Expense Ratio Comparison
FRIOX has a 1.72% expense ratio, which is higher than CRARX's 0.83% expense ratio.
Return for Risk
FRIOX vs. CRARX — Risk / Return Rank
FRIOX
CRARX
FRIOX vs. CRARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Real Estate Income Fund Class C (FRIOX) and MainStay CBRE Real Estate Fund (CRARX). 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.
| FRIOX | CRARX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.76 | 0.13 | +0.64 |
Sortino ratioReturn per unit of downside risk | 1.02 | 0.28 | +0.74 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.04 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.90 | 0.26 | +0.64 |
Martin ratioReturn relative to average drawdown | 3.69 | 1.02 | +2.66 |
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
| FRIOX | CRARX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.76 | 0.13 | +0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.17 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.20 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.32 | +0.34 |
Correlation
The correlation between FRIOX and CRARX is 0.89, 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
FRIOX vs. CRARX - Dividend Comparison
FRIOX's dividend yield for the trailing twelve months is around 3.68%, more than CRARX's 1.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRIOX Fidelity Advisor Real Estate Income Fund Class C | 3.68% | 3.68% | 3.68% | 4.09% | 5.00% | 1.02% | 3.92% | 4.76% | 4.46% | 3.69% | 4.05% | 3.11% |
CRARX MainStay CBRE Real Estate Fund | 1.66% | 2.57% | 1.80% | 3.36% | 34.64% | 4.37% | 1.77% | 15.57% | 30.33% | 21.82% | 8.85% | 7.27% |
Drawdowns
FRIOX vs. CRARX - Drawdown Comparison
The maximum FRIOX drawdown since its inception was -34.54%, smaller than the maximum CRARX drawdown of -72.66%. Use the drawdown chart below to compare losses from any high point for FRIOX and CRARX.
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Drawdown Indicators
| FRIOX | CRARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.54% | -72.66% | +38.12% |
Max Drawdown (1Y)Largest decline over 1 year | -4.38% | -12.25% | +7.87% |
Max Drawdown (5Y)Largest decline over 5 years | -18.83% | -35.43% | +16.60% |
Max Drawdown (10Y)Largest decline over 10 years | -34.54% | -45.19% | +10.65% |
Current DrawdownCurrent decline from peak | -2.78% | -13.38% | +10.60% |
Average DrawdownAverage peak-to-trough decline | -3.66% | -12.61% | +8.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 3.07% | -2.01% |
Volatility
FRIOX vs. CRARX - Volatility Comparison
The current volatility for Fidelity Advisor Real Estate Income Fund Class C (FRIOX) is 1.73%, while MainStay CBRE Real Estate Fund (CRARX) has a volatility of 4.16%. This indicates that FRIOX experiences smaller price fluctuations and is considered to be less risky than CRARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRIOX | CRARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.73% | 4.16% | -2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.88% | 9.01% | -6.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.93% | 15.89% | -10.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.53% | 18.98% | -12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.49% | 21.29% | -11.80% |