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

Correlation

The correlation between FSRNX and VGSLX 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. VGSLX - Performance Comparison

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

120.00%140.00%160.00%180.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
146.74%
168.79%
FSRNX
VGSLX

Key characteristics

Sharpe Ratio

FSRNX:

0.27

VGSLX:

0.29

Sortino Ratio

FSRNX:

0.46

VGSLX:

0.50

Omega Ratio

FSRNX:

1.06

VGSLX:

1.06

Calmar Ratio

FSRNX:

0.16

VGSLX:

0.18

Martin Ratio

FSRNX:

0.90

VGSLX:

1.00

Ulcer Index

FSRNX:

4.72%

VGSLX:

4.72%

Daily Std Dev

FSRNX:

15.99%

VGSLX:

16.14%

Max Drawdown

FSRNX:

-44.26%

VGSLX:

-74.07%

Current Drawdown

FSRNX:

-14.75%

VGSLX:

-14.55%

Returns By Period

In the year-to-date period, FSRNX achieves a 3.11% return, which is significantly lower than VGSLX's 3.58% return. Over the past 10 years, FSRNX has underperformed VGSLX with an annualized return of 3.64%, while VGSLX has yielded a comparatively higher 4.78% annualized return.


FSRNX

YTD

3.11%

1M

-8.12%

6M

6.70%

1Y

3.90%

5Y*

1.60%

10Y*

3.64%

VGSLX

YTD

3.58%

1M

-7.73%

6M

7.18%

1Y

4.36%

5Y*

3.06%

10Y*

4.78%

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. VGSLX - Expense Ratio Comparison

FSRNX has a 0.07% expense ratio, which is lower than VGSLX's 0.12% 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%.


VGSLX
Vanguard Real Estate Index Fund Admiral Shares
Expense ratio chart for VGSLX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%
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. VGSLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Index Fund (FSRNX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX). 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-1.000.001.002.003.004.000.270.29
The chart of Sortino ratio for FSRNX, currently valued at 0.46, compared to the broader market-2.000.002.004.006.008.0010.000.460.50
The chart of Omega ratio for FSRNX, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.003.501.061.06
The chart of Calmar ratio for FSRNX, currently valued at 0.16, compared to the broader market0.002.004.006.008.0010.0012.0014.000.160.18
The chart of Martin ratio for FSRNX, currently valued at 0.90, compared to the broader market0.0020.0040.0060.000.901.00
FSRNX
VGSLX

The current FSRNX Sharpe Ratio is 0.27, which is comparable to the VGSLX Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of FSRNX and VGSLX, 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
0.29
FSRNX
VGSLX

Dividends

FSRNX vs. VGSLX - Dividend Comparison

FSRNX's dividend yield for the trailing twelve months is around 1.39%, less than VGSLX's 2.90% 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%
VGSLX
Vanguard Real Estate Index Fund Admiral Shares
2.90%3.96%3.91%2.56%3.92%3.39%4.73%4.23%4.82%3.92%3.60%4.32%

Drawdowns

FSRNX vs. VGSLX - Drawdown Comparison

The maximum FSRNX drawdown since its inception was -44.26%, smaller than the maximum VGSLX drawdown of -74.07%. Use the drawdown chart below to compare losses from any high point for FSRNX and VGSLX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-14.75%
-14.55%
FSRNX
VGSLX

Volatility

FSRNX vs. VGSLX - Volatility Comparison

The current volatility for Fidelity Real Estate Index Fund (FSRNX) is 5.18%, while Vanguard Real Estate Index Fund Admiral Shares (VGSLX) has a volatility of 5.50%. This indicates that FSRNX experiences smaller price fluctuations and is considered to be less risky than VGSLX based on this measure. 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%
5.50%
FSRNX
VGSLX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab