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FRIRX vs. ABBV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FRIRX vs. ABBV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Real Estate Income Fund Class I (FRIRX) and AbbVie Inc. (ABBV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FRIRX achieves a 3.89% return, which is significantly lower than ABBV's 4.43% return. Over the past 10 years, FRIRX has underperformed ABBV with an annualized return of 5.33%, while ABBV has yielded a comparatively higher 19.47% annualized return.


FRIRX

1D
0.08%
1M
0.08%
YTD
3.89%
6M
4.24%
1Y
7.36%
3Y*
8.73%
5Y*
3.46%
10Y*
5.33%

ABBV

1D
2.07%
1M
8.84%
YTD
4.43%
6M
4.29%
1Y
31.92%
3Y*
24.36%
5Y*
19.80%
10Y*
19.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FRIRX vs. ABBV - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FRIRX
Fidelity Advisor Real Estate Income Fund Class I
3.89%7.10%7.89%9.36%-14.59%18.98%-1.08%17.89%-1.81%6.23%
ABBV
AbbVie Inc.
4.43%33.08%18.86%-0.23%24.01%32.43%27.72%1.47%-0.96%60.07%

Correlation

The correlation between FRIRX and ABBV is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.29

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (10Y)
Calculated over the trailing 10-year period

0.26

Correlation (All Time)
Calculated using the full available price history since Jan 2, 2013

0.28

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Return for Risk

FRIRX vs. ABBV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FRIRX
FRIRX Risk / Return Rank: 4848
Overall Rank
FRIRX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
FRIRX Sortino Ratio Rank: 4949
Sortino Ratio Rank
FRIRX Omega Ratio Rank: 5151
Omega Ratio Rank
FRIRX Calmar Ratio Rank: 4040
Calmar Ratio Rank
FRIRX Martin Ratio Rank: 5151
Martin Ratio Rank

ABBV
ABBV Risk / Return Rank: 7575
Overall Rank
ABBV Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
ABBV Sortino Ratio Rank: 7575
Sortino Ratio Rank
ABBV Omega Ratio Rank: 7373
Omega Ratio Rank
ABBV Calmar Ratio Rank: 7474
Calmar Ratio Rank
ABBV Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FRIRX vs. ABBV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Real Estate Income Fund Class I (FRIRX) and AbbVie Inc. (ABBV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FRIRXABBVDifference
Sharpe ratioReturn per unit of total volatility

+0.60

Sortino ratioReturn per unit of downside risk

+0.81

Omega ratioGain probability vs. loss probability

1.36

1.24

+0.12

Calmar ratioReturn relative to maximum drawdown

2.28

1.85

+0.43

Martin ratioReturn relative to average drawdown

9.90

4.11

+5.79

FRIRX vs. ABBV - Sharpe Ratio Comparison

The current FRIRX Sharpe Ratio is 1.88, which is higher than the ABBV Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of FRIRX and ABBV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FRIRX vs. ABBV - Drawdown Comparison

The maximum FRIRX drawdown since its inception was -34.50%, smaller than the maximum ABBV drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for FRIRX and ABBV.


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Drawdown Indicators


FRIRXABBVDifference

Max Drawdown

Largest peak-to-trough decline

-34.50%

-45.09%

+10.59%

Max Drawdown (1Y)

Largest decline over 1 year

-3.43%

-17.32%

+13.89%

Max Drawdown (3Y)

Largest decline over 3 years

-7.28%

-20.74%

+13.46%

Max Drawdown (5Y)

Largest decline over 5 years

-18.18%

-21.92%

+3.74%

Max Drawdown (10Y)

Largest decline over 10 years

-34.50%

-45.09%

+10.59%

Current Drawdown

Current decline from peak

-0.64%

-1.66%

+1.02%

Average Drawdown

Average peak-to-trough decline

-3.26%

-10.70%

+7.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

7.78%

-6.99%

Volatility

FRIRX vs. ABBV - Volatility Comparison

The current volatility for Fidelity Advisor Real Estate Income Fund Class I (FRIRX) is 1.29%, while AbbVie Inc. (ABBV) has a volatility of 9.26%. This indicates that FRIRX experiences smaller price fluctuations and is considered to be less risky than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FRIRXABBVDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.29%

9.26%

-7.97%

Volatility (6M)

Calculated over the trailing 6-month period

3.30%

19.11%

-15.81%

Volatility (1Y)

Calculated over the trailing 1-year period

4.19%

25.23%

-21.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.50%

23.12%

-16.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.51%

25.83%

-16.32%

Dividends

FRIRX vs. ABBV - Dividend Comparison

FRIRX's dividend yield for the trailing twelve months is around 4.48%, more than ABBV's 2.87% yield.


PositionTTM20252024202320222021202020192018201720162015
ABBV
AbbVie Inc.
2.87%2.87%3.49%3.82%3.49%3.84%4.41%4.83%3.89%2.65%3.64%3.41%
FRIRX
Fidelity Advisor Real Estate Income Fund Class I
4.48%4.62%4.68%5.01%6.08%1.48%4.80%5.70%5.10%4.43%5.05%3.69%

Frequently Asked Questions


FRIRX and ABBV have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ABBV has higher volatility (9.26%) compared to FRIRX (1.29%). In terms of maximum drawdown, FRIRX dropped -34.50% vs ABBV's -45.09%.

FRIRX currently has the higher Sharpe Ratio (1.88 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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