PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FSREX vs. FRINX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FSREX vs. FRINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Real Estate Income Fund (FSREX) and Fidelity Advisor Real Estate Income Fund Class A (FRINX). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.87%
8.03%
FSREX
FRINX

Returns By Period

In the year-to-date period, FSREX achieves a 9.73% return, which is significantly higher than FRINX's 8.91% return. Over the past 10 years, FSREX has underperformed FRINX with an annualized return of 4.98%, while FRINX has yielded a comparatively higher 5.56% annualized return.


FSREX

YTD

9.73%

1M

-0.20%

6M

5.87%

1Y

14.74%

5Y (annualized)

3.33%

10Y (annualized)

4.98%

FRINX

YTD

8.91%

1M

-0.49%

6M

8.03%

1Y

15.42%

5Y (annualized)

3.74%

10Y (annualized)

5.56%

Key characteristics


FSREXFRINX
Sharpe Ratio4.242.89
Sortino Ratio6.654.20
Omega Ratio1.911.57
Calmar Ratio1.271.25
Martin Ratio31.4815.81
Ulcer Index0.47%0.98%
Daily Std Dev3.47%5.34%
Max Drawdown-32.02%-34.50%
Current Drawdown-0.99%-1.47%

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. FRINX - Expense Ratio Comparison

FSREX has a 0.00% expense ratio, which is lower than FRINX's 0.98% expense ratio.


FRINX
Fidelity Advisor Real Estate Income Fund Class A
Expense ratio chart for FRINX: current value at 0.98% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.98%
Expense ratio chart for FSREX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Correlation

-0.50.00.51.00.9

The correlation between FSREX and FRINX is 0.91, 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. FRINX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Real Estate Income Fund (FSREX) and Fidelity Advisor Real Estate Income Fund Class A (FRINX). 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.


Sharpe ratio
The chart of Sharpe ratio for FSREX, currently valued at 4.24, compared to the broader market-1.000.001.002.003.004.005.004.242.89
The chart of Sortino ratio for FSREX, currently valued at 6.65, compared to the broader market0.005.0010.006.654.20
The chart of Omega ratio for FSREX, currently valued at 1.91, compared to the broader market1.002.003.004.001.911.57
The chart of Calmar ratio for FSREX, currently valued at 1.27, compared to the broader market0.005.0010.0015.0020.001.271.25
The chart of Martin ratio for FSREX, currently valued at 31.48, compared to the broader market0.0020.0040.0060.0080.00100.0031.4815.81
FSREX
FRINX

The current FSREX Sharpe Ratio is 4.24, which is higher than the FRINX Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of FSREX and FRINX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
4.24
2.89
FSREX
FRINX

Dividends

FSREX vs. FRINX - Dividend Comparison

FSREX's dividend yield for the trailing twelve months is around 6.28%, more than FRINX's 4.32% yield.


TTM20232022202120202019201820172016201520142013
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%
FRINX
Fidelity Advisor Real Estate Income Fund Class A
4.32%4.78%3.84%1.17%4.53%4.14%4.21%4.11%4.09%6.09%9.87%9.99%

Drawdowns

FSREX vs. FRINX - Drawdown Comparison

The maximum FSREX drawdown since its inception was -32.02%, smaller than the maximum FRINX drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for FSREX and FRINX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.99%
-1.47%
FSREX
FRINX

Volatility

FSREX vs. FRINX - Volatility Comparison

The current volatility for Fidelity Series Real Estate Income Fund (FSREX) is 0.96%, while Fidelity Advisor Real Estate Income Fund Class A (FRINX) has a volatility of 1.45%. This indicates that FSREX experiences smaller price fluctuations and is considered to be less risky than FRINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%1.60%1.80%JuneJulyAugustSeptemberOctoberNovember
0.96%
1.45%
FSREX
FRINX