FSREX vs. BRIIX
Compare and contrast key facts about Fidelity Series Real Estate Income Fund (FSREX) and Baron Real Estate Income Fund (BRIIX).
FSREX is managed by Fidelity. It was launched on Oct 20, 2011. BRIIX is managed by Baron Capital Group, Inc.. It was launched on Dec 29, 2017.
Performance
FSREX vs. BRIIX - Performance Comparison
Loading graphics...
FSREX vs. BRIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FSREX Fidelity Series Real Estate Income Fund | -0.40% | 8.93% | 9.87% | 8.29% | -11.78% | 15.78% | 0.58% | 16.02% | -0.73% |
BRIIX Baron Real Estate Income Fund | -0.64% | 3.73% | 17.32% | 15.52% | -27.49% | 29.29% | 22.32% | 36.54% | -11.02% |
Returns By Period
In the year-to-date period, FSREX achieves a -0.40% return, which is significantly higher than BRIIX's -0.64% return.
FSREX
- 1D
- 0.30%
- 1M
- -1.67%
- YTD
- -0.40%
- 6M
- 0.75%
- 1Y
- 5.99%
- 3Y*
- 8.33%
- 5Y*
- 4.61%
- 10Y*
- 5.43%
BRIIX
- 1D
- 0.06%
- 1M
- -6.64%
- YTD
- -0.64%
- 6M
- -1.04%
- 1Y
- 4.09%
- 3Y*
- 10.08%
- 5Y*
- 4.01%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSREX vs. BRIIX - Expense Ratio Comparison
FSREX has a 0.00% expense ratio, which is lower than BRIIX's 1.08% expense ratio.
Return for Risk
FSREX vs. BRIIX — Risk / Return Rank
FSREX
BRIIX
FSREX vs. BRIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Real Estate Income Fund (FSREX) and Baron Real Estate Income Fund (BRIIX). 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.
| FSREX | BRIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.96 | 0.31 | +1.65 |
Sortino ratioReturn per unit of downside risk | 2.70 | 0.52 | +2.18 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.07 | +0.34 |
Calmar ratioReturn relative to maximum drawdown | 2.14 | 0.37 | +1.77 |
Martin ratioReturn relative to average drawdown | 10.21 | 1.62 | +8.59 |
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
| FSREX | BRIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 0.31 | +1.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.97 | 0.22 | +0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 0.41 | +0.53 |
Correlation
The correlation between FSREX and BRIIX is 0.70, 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
FSREX vs. BRIIX - Dividend Comparison
FSREX's dividend yield for the trailing twelve months is around 5.69%, more than BRIIX's 1.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSREX Fidelity Series Real Estate Income Fund | 5.69% | 5.64% | 6.05% | 7.43% | 9.99% | 3.58% | 6.24% | 6.62% | 5.87% | 5.49% | 5.22% | 4.33% |
BRIIX Baron Real Estate Income Fund | 1.63% | 1.70% | 1.39% | 1.95% | 2.00% | 1.21% | 0.77% | 1.12% | 3.03% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSREX vs. BRIIX - Drawdown Comparison
The maximum FSREX drawdown since its inception was -32.02%, smaller than the maximum BRIIX drawdown of -37.06%. Use the drawdown chart below to compare losses from any high point for FSREX and BRIIX.
Loading graphics...
Drawdown Indicators
| FSREX | BRIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.02% | -37.06% | +5.04% |
Max Drawdown (1Y)Largest decline over 1 year | -2.90% | -12.70% | +9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -15.22% | -32.86% | +17.64% |
Max Drawdown (10Y)Largest decline over 10 years | -32.02% | — | — |
Current DrawdownCurrent decline from peak | -1.76% | -7.55% | +5.79% |
Average DrawdownAverage peak-to-trough decline | -2.57% | -8.75% | +6.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 2.87% | -2.26% |
Volatility
FSREX vs. BRIIX - Volatility Comparison
The current volatility for Fidelity Series Real Estate Income Fund (FSREX) is 1.06%, while Baron Real Estate Income Fund (BRIIX) has a volatility of 4.31%. This indicates that FSREX experiences smaller price fluctuations and is considered to be less risky than BRIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FSREX | BRIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 4.31% | -3.25% |
Volatility (6M)Calculated over the trailing 6-month period | 1.67% | 8.88% | -7.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.02% | 15.88% | -12.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.80% | 18.32% | -13.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.89% | 20.72% | -12.83% |