Correlation
The correlation between FSREX and FRESX is 0.53, 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.
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
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Key characteristics
FSREX:
2.52
FRESX:
0.92
FSREX:
3.54
FRESX:
1.39
FSREX:
1.49
FRESX:
1.18
FSREX:
3.06
FRESX:
0.75
FSREX:
13.35
FRESX:
3.17
FSREX:
0.69%
FRESX:
5.48%
FSREX:
3.70%
FRESX:
17.98%
FSREX:
-32.02%
FRESX:
-76.33%
FSREX:
0.00%
FRESX:
-9.03%
Returns By Period
In the year-to-date period, FSREX achieves a 2.87% return, which is significantly higher than FRESX's 2.51% return. Both investments have delivered pretty close results over the past 10 years, with FSREX having a 5.55% annualized return and FRESX not far ahead at 5.60%.
FSREX
2.87%
0.40%
2.08%
9.27%
4.60%
8.32%
5.55%
FRESX
2.51%
0.76%
-5.28%
16.33%
1.17%
7.48%
5.60%
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FSREX vs. FRESX - Expense Ratio Comparison
FSREX has a 0.00% expense ratio, which is lower than FRESX's 0.71% expense ratio.
Risk-Adjusted Performance
FSREX vs. FRESX — Risk-Adjusted Performance Rank
FSREX
FRESX
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.
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Dividends
FSREX vs. FRESX - Dividend Comparison
FSREX's dividend yield for the trailing twelve months is around 5.89%, more than FRESX's 5.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSREX Fidelity Series Real Estate Income Fund | 5.89% | 6.05% | 7.43% | 9.99% | 3.58% | 6.24% | 6.62% | 7.35% | 6.98% | 6.52% | 8.29% | 9.69% |
FRESX Fidelity Real Estate Investment Portfolio | 5.44% | 5.58% | 6.95% | 10.16% | 3.70% | 4.77% | 6.91% | 4.82% | 4.00% | 4.90% | 6.09% | 1.66% |
Drawdowns
FSREX vs. FRESX - Drawdown Comparison
The maximum FSREX drawdown since its inception was -32.02%, smaller than the maximum FRESX drawdown of -76.33%. Use the drawdown chart below to compare losses from any high point for FSREX and FRESX.
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Volatility
FSREX vs. FRESX - Volatility Comparison
The current volatility for Fidelity Series Real Estate Income Fund (FSREX) is 0.78%, while Fidelity Real Estate Investment Portfolio (FRESX) has a volatility of 4.74%. 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.
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