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FRIRX vs. FSPSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FRIRX vs. FSPSX - 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 Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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FRIRX vs. FSPSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FRIRX
Fidelity Advisor Real Estate Income Fund Class I
0.00%7.10%7.89%9.36%-14.59%18.98%-1.08%17.89%-1.81%6.23%
FSPSX
Fidelity International Index Fund
-1.94%31.98%3.70%18.31%-14.23%11.45%8.16%22.03%-13.55%25.37%

Returns By Period

Over the past 10 years, FRIRX has underperformed FSPSX with an annualized return of 5.26%, while FSPSX has yielded a comparatively higher 8.65% annualized return.


FRIRX

1D
0.33%
1M
-3.11%
YTD
0.00%
6M
0.98%
1Y
4.37%
3Y*
7.38%
5Y*
3.90%
10Y*
5.26%

FSPSX

1D
0.42%
1M
-10.86%
YTD
-1.94%
6M
2.58%
1Y
19.89%
3Y*
13.50%
5Y*
7.96%
10Y*
8.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FRIRX vs. FSPSX - Expense Ratio Comparison

FRIRX has a 0.71% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Return for Risk

FRIRX vs. FSPSX — Risk / Return Rank

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

FRIRX
FRIRX Risk / Return Rank: 4343
Overall Rank
FRIRX Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
FRIRX Sortino Ratio Rank: 3737
Sortino Ratio Rank
FRIRX Omega Ratio Rank: 4040
Omega Ratio Rank
FRIRX Calmar Ratio Rank: 4444
Calmar Ratio Rank
FRIRX Martin Ratio Rank: 4646
Martin Ratio Rank

FSPSX
FSPSX Risk / Return Rank: 6464
Overall Rank
FSPSX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FSPSX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FSPSX Omega Ratio Rank: 6060
Omega Ratio Rank
FSPSX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FSPSX Martin Ratio Rank: 6363
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. FSPSX - 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 Fidelity International Index Fund (FSPSX). 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.


FRIRXFSPSXDifference

Sharpe ratio

Return per unit of total volatility

0.91

1.11

-0.20

Sortino ratio

Return per unit of downside risk

1.21

1.56

-0.34

Omega ratio

Gain probability vs. loss probability

1.18

1.23

-0.04

Calmar ratio

Return relative to maximum drawdown

1.10

1.54

-0.45

Martin ratio

Return relative to average drawdown

4.66

5.93

-1.27

FRIRX vs. FSPSX - Sharpe Ratio Comparison

The current FRIRX Sharpe Ratio is 0.91, which is comparable to the FSPSX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of FRIRX and FSPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FRIRXFSPSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.91

1.11

-0.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.60

0.51

+0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.53

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.78

0.46

+0.33

Correlation

The correlation between FRIRX and FSPSX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FRIRX vs. FSPSX - Dividend Comparison

FRIRX's dividend yield for the trailing twelve months is around 4.62%, more than FSPSX's 3.22% yield.


TTM20252024202320222021202020192018201720162015
FRIRX
Fidelity Advisor Real Estate Income Fund Class I
4.62%4.62%4.68%5.01%6.08%1.48%4.80%5.70%5.10%4.43%5.05%3.69%
FSPSX
Fidelity International Index Fund
3.22%3.15%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.50%3.08%2.79%

Drawdowns

FRIRX vs. FSPSX - Drawdown Comparison

The maximum FRIRX drawdown since its inception was -34.50%, roughly equal to the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FRIRX and FSPSX.


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Drawdown Indicators


FRIRXFSPSXDifference

Max Drawdown

Largest peak-to-trough decline

-34.50%

-33.69%

-0.81%

Max Drawdown (1Y)

Largest decline over 1 year

-4.30%

-11.39%

+7.09%

Max Drawdown (5Y)

Largest decline over 5 years

-18.18%

-29.41%

+11.23%

Max Drawdown (10Y)

Largest decline over 10 years

-34.50%

-33.69%

-0.81%

Current Drawdown

Current decline from peak

-3.11%

-10.86%

+7.75%

Average Drawdown

Average peak-to-trough decline

-3.30%

-6.59%

+3.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.01%

2.96%

-1.95%

Volatility

FRIRX vs. FSPSX - Volatility Comparison

The current volatility for Fidelity Advisor Real Estate Income Fund Class I (FRIRX) is 1.57%, while Fidelity International Index Fund (FSPSX) has a volatility of 7.04%. This indicates that FRIRX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FRIRXFSPSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.57%

7.04%

-5.47%

Volatility (6M)

Calculated over the trailing 6-month period

2.81%

10.63%

-7.82%

Volatility (1Y)

Calculated over the trailing 1-year period

4.91%

16.79%

-11.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.53%

15.77%

-9.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.49%

16.47%

-6.98%