FSRAX vs. AAAAX
Compare and contrast key facts about Fidelity Advisor Strategic Real Return Fund Class A (FSRAX) and DWS RREEF Real Assets Fund - Class A (AAAAX).
FSRAX is managed by Fidelity. It was launched on Sep 7, 2005. AAAAX is managed by DWS. It was launched on Jul 30, 2007.
Performance
FSRAX vs. AAAAX - Performance Comparison
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FSRAX vs. AAAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSRAX Fidelity Advisor Strategic Real Return Fund Class A | 6.02% | 10.09% | 5.58% | 4.32% | -3.58% | 15.53% | 3.49% | 10.27% | -4.26% | 3.76% |
AAAAX DWS RREEF Real Assets Fund - Class A | 9.77% | 12.82% | 5.24% | 2.30% | -9.91% | 23.45% | 3.71% | 21.42% | -5.36% | 14.67% |
Returns By Period
In the year-to-date period, FSRAX achieves a 6.02% return, which is significantly lower than AAAAX's 9.77% return. Over the past 10 years, FSRAX has underperformed AAAAX with an annualized return of 5.63%, while AAAAX has yielded a comparatively higher 7.40% annualized return.
FSRAX
- 1D
- 0.32%
- 1M
- -0.53%
- YTD
- 6.02%
- 6M
- 8.10%
- 1Y
- 13.06%
- 3Y*
- 8.52%
- 5Y*
- 6.60%
- 10Y*
- 5.63%
AAAAX
- 1D
- 1.09%
- 1M
- -3.53%
- YTD
- 9.77%
- 6M
- 11.84%
- 1Y
- 17.50%
- 3Y*
- 10.19%
- 5Y*
- 6.78%
- 10Y*
- 7.40%
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FSRAX vs. AAAAX - Expense Ratio Comparison
FSRAX has a 0.95% expense ratio, which is lower than AAAAX's 1.22% expense ratio.
Return for Risk
FSRAX vs. AAAAX — Risk / Return Rank
FSRAX
AAAAX
FSRAX vs. AAAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Real Return Fund Class A (FSRAX) and DWS RREEF Real Assets Fund - Class A (AAAAX). 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.
| FSRAX | AAAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.02 | 1.57 | +0.45 |
Sortino ratioReturn per unit of downside risk | 2.57 | 2.11 | +0.46 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.32 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.33 | 1.91 | +0.41 |
Martin ratioReturn relative to average drawdown | 12.46 | 10.22 | +2.24 |
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
| FSRAX | AAAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | 1.57 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | 0.56 | +0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.59 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.38 | +0.16 |
Correlation
The correlation between FSRAX and AAAAX is 0.80, 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
FSRAX vs. AAAAX - Dividend Comparison
FSRAX's dividend yield for the trailing twelve months is around 4.20%, more than AAAAX's 3.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSRAX Fidelity Advisor Strategic Real Return Fund Class A | 4.20% | 4.45% | 4.56% | 5.04% | 7.08% | 5.16% | 2.02% | 2.83% | 9.13% | 2.30% | 2.08% | 1.44% |
AAAAX DWS RREEF Real Assets Fund - Class A | 3.23% | 3.54% | 2.45% | 2.08% | 4.17% | 2.31% | 1.33% | 1.81% | 1.61% | 1.52% | 1.47% | 2.15% |
Drawdowns
FSRAX vs. AAAAX - Drawdown Comparison
The maximum FSRAX drawdown since its inception was -33.52%, smaller than the maximum AAAAX drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for FSRAX and AAAAX.
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Drawdown Indicators
| FSRAX | AAAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.52% | -40.47% | +6.95% |
Max Drawdown (1Y)Largest decline over 1 year | -5.78% | -9.55% | +3.77% |
Max Drawdown (5Y)Largest decline over 5 years | -12.89% | -22.62% | +9.73% |
Max Drawdown (10Y)Largest decline over 10 years | -20.00% | -29.41% | +9.41% |
Current DrawdownCurrent decline from peak | -0.53% | -3.53% | +3.00% |
Average DrawdownAverage peak-to-trough decline | -4.40% | -6.89% | +2.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 1.79% | -0.71% |
Volatility
FSRAX vs. AAAAX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Real Return Fund Class A (FSRAX) is 1.63%, while DWS RREEF Real Assets Fund - Class A (AAAAX) has a volatility of 3.27%. This indicates that FSRAX experiences smaller price fluctuations and is considered to be less risky than AAAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSRAX | AAAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 3.27% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 3.89% | 7.26% | -3.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.56% | 11.62% | -5.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.96% | 12.19% | -5.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.78% | 12.66% | -5.88% |