FSREX vs. FRESX
Compare and contrast key facts about Fidelity Series Real Estate Income Fund (FSREX) and Fidelity Real Estate Investment Portfolio (FRESX).
FSREX is managed by Fidelity. It was launched on Oct 20, 2011. FRESX is managed by Fidelity. It was launched on Nov 17, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSREX or FRESX.
Performance
FSREX vs. FRESX - Performance Comparison
Returns By Period
In the year-to-date period, FSREX achieves a 9.62% return, which is significantly lower than FRESX's 11.72% return. Over the past 10 years, FSREX has underperformed FRESX with an annualized return of 4.99%, while FRESX has yielded a comparatively higher 6.15% annualized return.
FSREX
9.62%
-0.40%
5.88%
14.63%
3.31%
4.99%
FRESX
11.72%
-0.09%
20.01%
23.49%
4.35%
6.15%
Key characteristics
| FSREX | FRESX | |
|---|---|---|
| Sharpe Ratio | 4.25 | 1.52 |
| Sortino Ratio | 6.65 | 2.12 |
| Omega Ratio | 1.91 | 1.27 |
| Calmar Ratio | 1.27 | 0.96 |
| Martin Ratio | 31.77 | 5.14 |
| Ulcer Index | 0.46% | 4.66% |
| Daily Std Dev | 3.47% | 15.75% |
| Max Drawdown | -32.02% | -75.98% |
| Current Drawdown | -1.09% | -6.36% |
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. FRESX - Expense Ratio Comparison
FSREX has a 0.00% expense ratio, which is lower than FRESX's 0.71% expense ratio.
Correlation
The correlation between FSREX and FRESX is 0.77, 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.
Risk-Adjusted Performance
FSREX vs. FRESX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Real Estate Income Fund (FSREX) and Fidelity Real Estate Investment Portfolio (FRESX). 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.
Dividends
FSREX vs. FRESX - Dividend Comparison
FSREX's dividend yield for the trailing twelve months is around 6.28%, more than FRESX's 2.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSREX Fidelity Series Real Estate Income Fund | 6.28% | 7.43% | 6.58% | 2.82% | 5.62% | 5.53% | 5.69% | 5.53% | 4.89% | 9.37% | 9.40% | 8.54% |
FRESX Fidelity Real Estate Investment Portfolio | 2.00% | 2.31% | 1.71% | 0.78% | 2.93% | 2.36% | 2.57% | 1.80% | 1.73% | 5.54% | 1.66% | 3.08% |
Drawdowns
FSREX vs. FRESX - Drawdown Comparison
The maximum FSREX drawdown since its inception was -32.02%, smaller than the maximum FRESX drawdown of -75.98%. Use the drawdown chart below to compare losses from any high point for FSREX and FRESX. For additional features, visit the drawdowns tool.
Volatility
FSREX vs. FRESX - Volatility Comparison
The current volatility for Fidelity Series Real Estate Income Fund (FSREX) is 0.96%, while Fidelity Real Estate Investment Portfolio (FRESX) has a volatility of 4.51%. This indicates that FSREX experiences smaller price fluctuations and is considered to be less risky than FRESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.