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FSRNX vs. FRESX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSRNX and FRESX is 0.99, 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.


-0.50.00.51.01.0

Performance

FSRNX vs. FRESX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Real Estate Index Fund (FSRNX) and Fidelity Real Estate Investment Portfolio (FRESX). The values are adjusted to include any dividend payments, if applicable.

120.00%140.00%160.00%180.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
146.74%
170.07%
FSRNX
FRESX

Key characteristics

Sharpe Ratio

FSRNX:

0.27

FRESX:

0.18

Sortino Ratio

FSRNX:

0.46

FRESX:

0.35

Omega Ratio

FSRNX:

1.06

FRESX:

1.04

Calmar Ratio

FSRNX:

0.16

FRESX:

0.11

Martin Ratio

FSRNX:

0.90

FRESX:

0.57

Ulcer Index

FSRNX:

4.72%

FRESX:

4.95%

Daily Std Dev

FSRNX:

15.99%

FRESX:

15.78%

Max Drawdown

FSRNX:

-44.26%

FRESX:

-75.98%

Current Drawdown

FSRNX:

-14.75%

FRESX:

-14.68%

Returns By Period

In the year-to-date period, FSRNX achieves a 3.11% return, which is significantly higher than FRESX's 1.79% return. Over the past 10 years, FSRNX has underperformed FRESX with an annualized return of 3.64%, while FRESX has yielded a comparatively higher 4.76% annualized return.


FSRNX

YTD

3.11%

1M

-8.12%

6M

6.70%

1Y

3.90%

5Y*

1.60%

10Y*

3.64%

FRESX

YTD

1.79%

1M

-9.51%

6M

4.77%

1Y

2.43%

5Y*

2.61%

10Y*

4.76%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSRNX vs. FRESX - Expense Ratio Comparison

FSRNX has a 0.07% expense ratio, which is lower than FRESX's 0.71% expense ratio.


FRESX
Fidelity Real Estate Investment Portfolio
Expense ratio chart for FRESX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%
Expense ratio chart for FSRNX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

FSRNX vs. FRESX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Index Fund (FSRNX) 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.


Sharpe ratio
The chart of Sharpe ratio for FSRNX, currently valued at 0.27, compared to the broader market-1.000.001.002.003.004.000.270.18
The chart of Sortino ratio for FSRNX, currently valued at 0.46, compared to the broader market-2.000.002.004.006.008.0010.000.460.35
The chart of Omega ratio for FSRNX, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.003.501.061.04
The chart of Calmar ratio for FSRNX, currently valued at 0.16, compared to the broader market0.002.004.006.008.0010.0012.0014.000.160.11
The chart of Martin ratio for FSRNX, currently valued at 0.90, compared to the broader market0.0020.0040.0060.000.900.57
FSRNX
FRESX

The current FSRNX Sharpe Ratio is 0.27, which is higher than the FRESX Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of FSRNX and FRESX, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.27
0.18
FSRNX
FRESX

Dividends

FSRNX vs. FRESX - Dividend Comparison

FSRNX's dividend yield for the trailing twelve months is around 1.39%, more than FRESX's 1.02% yield.


TTM20232022202120202019201820172016201520142013
FSRNX
Fidelity Real Estate Index Fund
1.39%2.84%2.66%1.25%3.33%3.18%3.73%2.27%2.58%2.57%4.18%3.54%
FRESX
Fidelity Real Estate Investment Portfolio
1.02%2.31%1.71%0.78%2.93%2.36%2.57%1.80%1.73%5.54%1.66%3.08%

Drawdowns

FSRNX vs. FRESX - Drawdown Comparison

The maximum FSRNX drawdown since its inception was -44.26%, smaller than the maximum FRESX drawdown of -75.98%. Use the drawdown chart below to compare losses from any high point for FSRNX and FRESX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-14.75%
-14.68%
FSRNX
FRESX

Volatility

FSRNX vs. FRESX - Volatility Comparison

Fidelity Real Estate Index Fund (FSRNX) and Fidelity Real Estate Investment Portfolio (FRESX) have volatilities of 5.18% and 5.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.50%3.00%3.50%4.00%4.50%5.00%5.50%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.18%
5.04%
FSRNX
FRESX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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