FRIRX vs. VNQ
Compare and contrast key facts about Fidelity Advisor Real Estate Income Fund Class I (FRIRX) and Vanguard Real Estate ETF (VNQ).
FRIRX is managed by Fidelity. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Real Estate 25/50 Index. It was launched on Sep 23, 2004.
Performance
FRIRX vs. VNQ - Performance Comparison
Loading graphics...
FRIRX vs. VNQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRIRX Fidelity Advisor Real Estate Income Fund Class I | 0.41% | 7.10% | 7.89% | 9.36% | -14.59% | 18.98% | -1.08% | 17.89% | -1.81% | 6.23% |
VNQ Vanguard Real Estate ETF | 1.67% | 3.24% | 4.81% | 11.85% | -26.25% | 40.54% | -4.61% | 28.91% | -6.03% | 4.90% |
Returns By Period
In the year-to-date period, FRIRX achieves a 0.41% return, which is significantly lower than VNQ's 1.67% return. Over the past 10 years, FRIRX has outperformed VNQ with an annualized return of 5.31%, while VNQ has yielded a comparatively lower 4.69% annualized return.
FRIRX
- 1D
- 0.41%
- 1M
- -2.56%
- YTD
- 0.41%
- 6M
- 1.15%
- 1Y
- 4.63%
- 3Y*
- 7.52%
- 5Y*
- 3.80%
- 10Y*
- 5.31%
VNQ
- 1D
- 0.36%
- 1M
- -6.21%
- YTD
- 1.67%
- 6M
- -0.84%
- 1Y
- 2.18%
- 3Y*
- 6.57%
- 5Y*
- 2.86%
- 10Y*
- 4.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FRIRX vs. VNQ - Expense Ratio Comparison
FRIRX has a 0.71% expense ratio, which is higher than VNQ's 0.13% expense ratio.
Return for Risk
FRIRX vs. VNQ — Risk / Return Rank
FRIRX
VNQ
FRIRX vs. VNQ - 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 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.
| FRIRX | VNQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 0.13 | +0.85 |
Sortino ratioReturn per unit of downside risk | 1.30 | 0.30 | +1.01 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.04 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 0.18 | +0.96 |
Martin ratioReturn relative to average drawdown | 4.76 | 0.70 | +4.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FRIRX | VNQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.13 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.15 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.23 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.26 | +0.53 |
Correlation
The correlation between FRIRX and VNQ is 0.91, 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
FRIRX vs. VNQ - Dividend Comparison
FRIRX's dividend yield for the trailing twelve months is around 4.60%, more than VNQ's 3.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRIRX Fidelity Advisor Real Estate Income Fund Class I | 4.60% | 4.62% | 4.68% | 5.01% | 6.08% | 1.48% | 4.80% | 5.70% | 5.10% | 4.43% | 5.05% | 3.69% |
VNQ Vanguard Real Estate ETF | 3.92% | 3.92% | 3.85% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% |
Drawdowns
FRIRX vs. VNQ - Drawdown Comparison
The maximum FRIRX drawdown since its inception was -34.50%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for FRIRX and VNQ.
Loading graphics...
Drawdown Indicators
| FRIRX | VNQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.50% | -73.07% | +38.57% |
Max Drawdown (1Y)Largest decline over 1 year | -4.30% | -12.44% | +8.14% |
Max Drawdown (5Y)Largest decline over 5 years | -18.18% | -34.48% | +16.30% |
Max Drawdown (10Y)Largest decline over 10 years | -34.50% | -42.40% | +7.90% |
Current DrawdownCurrent decline from peak | -2.71% | -9.24% | +6.53% |
Average DrawdownAverage peak-to-trough decline | -3.30% | -13.71% | +10.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 3.21% | -2.18% |
Volatility
FRIRX vs. VNQ - Volatility Comparison
The current volatility for Fidelity Advisor Real Estate Income Fund Class I (FRIRX) is 1.66%, while Vanguard Real Estate ETF (VNQ) has a volatility of 4.57%. This indicates that FRIRX 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.
Loading graphics...
Volatility by Period
| FRIRX | VNQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 4.57% | -2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 2.84% | 9.28% | -6.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.91% | 16.31% | -11.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.53% | 18.80% | -12.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.49% | 20.70% | -11.21% |