FSRNX vs. FZIPX
Compare and contrast key facts about Fidelity Real Estate Index Fund (FSRNX) and Fidelity ZERO Extended Market Index Fund (FZIPX).
FSRNX is a passively managed fund by Fidelity that tracks the performance of the MSCI US IMI Real Estate 25/25 Index. It was launched on Aug 9, 2011. FZIPX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRNX or FZIPX.
Correlation
The correlation between FSRNX and FZIPX is 0.68, 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.
Performance
FSRNX vs. FZIPX - Performance Comparison
Key characteristics
FSRNX:
0.59
FZIPX:
1.06
FSRNX:
0.90
FZIPX:
1.55
FSRNX:
1.11
FZIPX:
1.19
FSRNX:
0.38
FZIPX:
1.16
FSRNX:
2.22
FZIPX:
4.81
FSRNX:
4.37%
FZIPX:
3.82%
FSRNX:
16.30%
FZIPX:
17.29%
FSRNX:
-44.26%
FZIPX:
-42.71%
FSRNX:
-12.77%
FZIPX:
-4.60%
Returns By Period
In the year-to-date period, FSRNX achieves a 0.50% return, which is significantly lower than FZIPX's 3.60% return.
FSRNX
0.50%
1.38%
1.00%
9.97%
1.63%
3.16%
FZIPX
3.60%
3.68%
6.05%
17.39%
8.85%
N/A
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FSRNX vs. FZIPX - Expense Ratio Comparison
FSRNX has a 0.07% expense ratio, which is higher than FZIPX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FSRNX vs. FZIPX — Risk-Adjusted Performance Rank
FSRNX
FZIPX
FSRNX vs. FZIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Index Fund (FSRNX) and Fidelity ZERO Extended Market Index Fund (FZIPX). 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
FSRNX vs. FZIPX - Dividend Comparison
FSRNX's dividend yield for the trailing twelve months is around 2.84%, more than FZIPX's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSRNX Fidelity Real Estate Index Fund | 2.84% | 2.86% | 2.84% | 2.66% | 1.25% | 3.33% | 3.18% | 3.73% | 2.27% | 2.58% | 4.01% | 4.77% |
FZIPX Fidelity ZERO Extended Market Index Fund | 1.18% | 1.22% | 1.43% | 1.64% | 1.23% | 1.24% | 1.26% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSRNX vs. FZIPX - Drawdown Comparison
The maximum FSRNX drawdown since its inception was -44.26%, roughly equal to the maximum FZIPX drawdown of -42.71%. Use the drawdown chart below to compare losses from any high point for FSRNX and FZIPX. For additional features, visit the drawdowns tool.
Volatility
FSRNX vs. FZIPX - Volatility Comparison
Fidelity Real Estate Index Fund (FSRNX) has a higher volatility of 5.68% compared to Fidelity ZERO Extended Market Index Fund (FZIPX) at 4.23%. This indicates that FSRNX's price experiences larger fluctuations and is considered to be riskier than FZIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.