FSRNX vs. NURE
Compare and contrast key facts about Fidelity Real Estate Index Fund (FSRNX) and Nuveen Short-Term REIT ETF (NURE).
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. NURE is a passively managed fund by Nuveen that tracks the performance of the Dow Jones U.S. Select Short-Term REIT Index. It was launched on Dec 19, 2016. Both FSRNX and NURE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRNX or NURE.
Correlation
The correlation between FSRNX and NURE 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.
Performance
FSRNX vs. NURE - Performance Comparison
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Key characteristics
FSRNX:
0.60
NURE:
0.20
FSRNX:
0.93
NURE:
0.40
FSRNX:
1.12
NURE:
1.05
FSRNX:
0.45
NURE:
0.14
FSRNX:
1.93
NURE:
0.54
FSRNX:
5.59%
NURE:
7.01%
FSRNX:
18.00%
NURE:
18.96%
FSRNX:
-44.26%
NURE:
-46.05%
FSRNX:
-13.04%
NURE:
-17.57%
Returns By Period
In the year-to-date period, FSRNX achieves a 0.19% return, which is significantly higher than NURE's -3.30% return.
FSRNX
0.19%
5.77%
-4.14%
10.73%
9.67%
3.52%
NURE
-3.30%
7.82%
-6.90%
3.82%
12.10%
N/A
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FSRNX vs. NURE - Expense Ratio Comparison
FSRNX has a 0.07% expense ratio, which is lower than NURE's 0.35% expense ratio.
Risk-Adjusted Performance
FSRNX vs. NURE — Risk-Adjusted Performance Rank
FSRNX
NURE
FSRNX vs. NURE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Index Fund (FSRNX) and Nuveen Short-Term REIT ETF (NURE). 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
FSRNX vs. NURE - Dividend Comparison
FSRNX's dividend yield for the trailing twelve months is around 2.85%, less than NURE's 3.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSRNX Fidelity Real Estate Index Fund | 2.85% | 2.86% | 2.84% | 2.66% | 1.25% | 3.33% | 3.93% | 4.43% | 2.86% | 3.95% | 2.57% | 4.18% |
NURE Nuveen Short-Term REIT ETF | 3.65% | 3.51% | 3.74% | 2.81% | 1.34% | 3.41% | 3.28% | 4.11% | 3.82% | 0.48% | 0.00% | 0.00% |
Drawdowns
FSRNX vs. NURE - Drawdown Comparison
The maximum FSRNX drawdown since its inception was -44.26%, roughly equal to the maximum NURE drawdown of -46.05%. Use the drawdown chart below to compare losses from any high point for FSRNX and NURE. For additional features, visit the drawdowns tool.
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Volatility
FSRNX vs. NURE - Volatility Comparison
The current volatility for Fidelity Real Estate Index Fund (FSRNX) is 4.48%, while Nuveen Short-Term REIT ETF (NURE) has a volatility of 5.35%. This indicates that FSRNX experiences smaller price fluctuations and is considered to be less risky than NURE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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