FSCJX vs. FSRJX
FSCJX (Fidelity SAI Canada Equity Index Fund) and FSRJX (Fidelity SAI Real Estate Fund) are both mutual funds - FSCJX is a Canada Equities fund tracking the MSCI Canada Index, while FSRJX is a REIT fund actively managed by Fidelity. FSCJX is passively managed, while FSRJX is actively managed. Over the past year, FSCJX returned 29.79% vs 11.11% for FSRJX. At a 0.44 correlation, their price movements are largely independent. FSCJX charges 0.12%/yr vs 0.56%/yr for FSRJX.
Performance
FSCJX vs. FSRJX - Performance Comparison
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Returns By Period
In the year-to-date period, FSCJX achieves a 8.01% return, which is significantly lower than FSRJX's 12.84% return.
FSCJX
- 1D
- 0.00%
- 1M
- -0.58%
- YTD
- 8.01%
- 6M
- 6.81%
- 1Y
- 29.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FSRJX
- 1D
- 1.25%
- 1M
- 0.14%
- YTD
- 12.84%
- 6M
- 13.32%
- 1Y
- 11.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FSCJX vs. FSRJX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FSCJX Fidelity SAI Canada Equity Index Fund | 8.01% | 36.41% | 3.71% |
FSRJX Fidelity SAI Real Estate Fund | 12.84% | 2.52% | -6.54% |
Correlation
The correlation between FSCJX and FSRJX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024 | 0.44 |
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Return for Risk
FSCJX vs. FSRJX — Risk / Return Rank
FSCJX
FSRJX
FSCJX vs. FSRJX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Canada Equity Index Fund (FSCJX) and Fidelity SAI Real Estate Fund (FSRJX). 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.
| FSCJX | FSRJX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.16 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 1.64 | +2.05 |
| Martin ratioReturn relative to average drawdown | 14.84 | 4.71 | +10.13 |
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Drawdowns
FSCJX vs. FSRJX - Drawdown Comparison
The maximum FSCJX drawdown since its inception was -12.43%, smaller than the maximum FSRJX drawdown of -15.66%. Use the drawdown chart below to compare losses from any high point for FSCJX and FSRJX.
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Drawdown Indicators
| FSCJX | FSRJX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.43% | -15.66% | +3.23% |
Max Drawdown (1Y)Largest decline over 1 year | -8.33% | -7.83% | -0.50% |
Current DrawdownCurrent decline from peak | -2.16% | -1.77% | -0.39% |
Average DrawdownAverage peak-to-trough decline | -1.62% | -4.26% | +2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 2.72% | -0.66% |
Volatility
FSCJX vs. FSRJX - Volatility Comparison
The current volatility for Fidelity SAI Canada Equity Index Fund (FSCJX) is 4.31%, while Fidelity SAI Real Estate Fund (FSRJX) has a volatility of 5.14%. This indicates that FSCJX experiences smaller price fluctuations and is considered to be less risky than FSRJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSCJX | FSRJX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 5.14% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 11.22% | 10.17% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.07% | 14.06% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.35% | 16.72% | -1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 16.72% | -1.37% |
FSCJX vs. FSRJX - Expense Ratio Comparison
FSCJX has a 0.12% expense ratio, which is lower than FSRJX's 0.56% expense ratio.
Dividends
FSCJX vs. FSRJX - Dividend Comparison
FSCJX's dividend yield for the trailing twelve months is around 1.24%, less than FSRJX's 2.15% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FSCJX Fidelity SAI Canada Equity Index Fund | 1.24% | 1.34% | 1.10% |
FSRJX Fidelity SAI Real Estate Fund | 2.15% | 2.52% | 2.09% |
Frequently Asked Questions
FSCJX and FSRJX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSRJX has higher volatility (5.14%) compared to FSCJX (4.31%). In terms of maximum drawdown, FSCJX dropped -12.43% vs FSRJX's -15.66%.
FSCJX currently has the higher Sharpe Ratio (2.19 vs 0.91), 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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