FSREX vs. FSKAX
Compare and contrast key facts about Fidelity Series Real Estate Income Fund (FSREX) and Fidelity Total Market Index Fund (FSKAX).
FSREX is managed by Fidelity. It was launched on Oct 20, 2011. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSREX or FSKAX.
Performance
FSREX vs. FSKAX - Performance Comparison
Returns By Period
In the year-to-date period, FSREX achieves a 9.73% return, which is significantly lower than FSKAX's 26.42% return. Over the past 10 years, FSREX has underperformed FSKAX with an annualized return of 4.98%, while FSKAX has yielded a comparatively higher 12.46% annualized return.
FSREX
9.73%
-0.20%
5.87%
14.74%
3.33%
4.98%
FSKAX
26.42%
4.10%
14.09%
33.85%
15.20%
12.46%
Key characteristics
| FSREX | FSKAX | |
|---|---|---|
| Sharpe Ratio | 4.24 | 2.68 |
| Sortino Ratio | 6.65 | 3.57 |
| Omega Ratio | 1.91 | 1.49 |
| Calmar Ratio | 1.27 | 3.93 |
| Martin Ratio | 31.48 | 17.12 |
| Ulcer Index | 0.47% | 1.98% |
| Daily Std Dev | 3.47% | 12.62% |
| Max Drawdown | -32.02% | -35.01% |
| Current Drawdown | -0.99% | -0.25% |
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FSREX vs. FSKAX - Expense Ratio Comparison
FSREX has a 0.00% expense ratio, which is lower than FSKAX's 0.02% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between FSREX and FSKAX is 0.55, 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.
Risk-Adjusted Performance
FSREX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Real Estate Income Fund (FSREX) and Fidelity Total Market Index Fund (FSKAX). 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. FSKAX - Dividend Comparison
FSREX's dividend yield for the trailing twelve months is around 6.28%, more than FSKAX's 1.14% 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% |
FSKAX Fidelity Total Market Index Fund | 1.14% | 1.41% | 1.62% | 1.15% | 1.45% | 1.80% | 2.06% | 1.66% | 1.82% | 1.96% | 1.63% | 1.54% |
Drawdowns
FSREX vs. FSKAX - Drawdown Comparison
The maximum FSREX drawdown since its inception was -32.02%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FSREX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
FSREX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Series Real Estate Income Fund (FSREX) is 0.96%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 4.19%. This indicates that FSREX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.