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GRIFX vs. FESIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GRIFX vs. FESIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Apollo Diversified Real Estate Fund Class I (GRIFX) and Fidelity SAI Real Estate Index Fund (FESIX). The values are adjusted to include any dividend payments, if applicable.

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GRIFX vs. FESIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
GRIFX
Apollo Diversified Real Estate Fund Class I
1.48%1.14%3.78%-3.05%-1.17%22.08%-2.69%8.38%4.97%6.69%
FESIX
Fidelity SAI Real Estate Index Fund
-0.59%3.09%4.80%11.83%-26.47%40.61%-11.10%23.06%-4.95%2.81%

Returns By Period

In the year-to-date period, GRIFX achieves a 1.48% return, which is significantly higher than FESIX's -0.59% return.


GRIFX

1D
0.12%
1M
-1.43%
YTD
1.48%
6M
1.19%
1Y
2.70%
3Y*
1.42%
5Y*
3.78%
10Y*
4.44%

FESIX

1D
0.40%
1M
-7.72%
YTD
-0.59%
6M
-3.03%
1Y
-0.09%
3Y*
5.62%
5Y*
2.63%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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GRIFX vs. FESIX - Expense Ratio Comparison

GRIFX has a 2.23% expense ratio, which is higher than FESIX's 0.07% expense ratio.


Return for Risk

GRIFX vs. FESIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GRIFX
GRIFX Risk / Return Rank: 2424
Overall Rank
GRIFX Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
GRIFX Sortino Ratio Rank: 2121
Sortino Ratio Rank
GRIFX Omega Ratio Rank: 2020
Omega Ratio Rank
GRIFX Calmar Ratio Rank: 2424
Calmar Ratio Rank
GRIFX Martin Ratio Rank: 2929
Martin Ratio Rank

FESIX
FESIX Risk / Return Rank: 66
Overall Rank
FESIX Sharpe Ratio Rank: 66
Sharpe Ratio Rank
FESIX Sortino Ratio Rank: 66
Sortino Ratio Rank
FESIX Omega Ratio Rank: 66
Omega Ratio Rank
FESIX Calmar Ratio Rank: 77
Calmar Ratio Rank
FESIX Martin Ratio Rank: 77
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GRIFX vs. FESIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apollo Diversified Real Estate Fund Class I (GRIFX) and Fidelity SAI Real Estate Index Fund (FESIX). 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.


GRIFXFESIXDifference

Sharpe ratio

Return per unit of total volatility

0.64

0.05

+0.58

Sortino ratio

Return per unit of downside risk

0.93

0.19

+0.74

Omega ratio

Gain probability vs. loss probability

1.13

1.03

+0.10

Calmar ratio

Return relative to maximum drawdown

0.74

0.04

+0.70

Martin ratio

Return relative to average drawdown

3.24

0.15

+3.08

GRIFX vs. FESIX - Sharpe Ratio Comparison

The current GRIFX Sharpe Ratio is 0.64, which is higher than the FESIX Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of GRIFX and FESIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


GRIFXFESIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.64

0.05

+0.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.14

+0.54

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.96

Sharpe Ratio (All Time)

Calculated using the full available price history

1.01

0.14

+0.87

Correlation

The correlation between GRIFX and FESIX is 0.90, 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.


Dividends

GRIFX vs. FESIX - Dividend Comparison

GRIFX's dividend yield for the trailing twelve months is around 5.30%, more than FESIX's 3.11% yield.


TTM20252024202320222021202020192018201720162015
GRIFX
Apollo Diversified Real Estate Fund Class I
5.30%5.37%5.27%5.46%4.14%3.67%5.26%5.27%5.29%5.22%5.27%2.62%
FESIX
Fidelity SAI Real Estate Index Fund
3.11%3.09%52.40%3.87%55.39%5.01%2.71%3.78%3.15%2.21%0.00%0.00%

Drawdowns

GRIFX vs. FESIX - Drawdown Comparison

The maximum GRIFX drawdown since its inception was -14.29%, smaller than the maximum FESIX drawdown of -44.22%. Use the drawdown chart below to compare losses from any high point for GRIFX and FESIX.


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Drawdown Indicators


GRIFXFESIXDifference

Max Drawdown

Largest peak-to-trough decline

-14.29%

-44.22%

+29.93%

Max Drawdown (1Y)

Largest decline over 1 year

-3.61%

-12.48%

+8.87%

Max Drawdown (5Y)

Largest decline over 5 years

-14.29%

-34.51%

+20.22%

Max Drawdown (10Y)

Largest decline over 10 years

-14.29%

Current Drawdown

Current decline from peak

-4.25%

-11.69%

+7.44%

Average Drawdown

Average peak-to-trough decline

-3.38%

-11.53%

+8.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.82%

3.20%

-2.38%

Volatility

GRIFX vs. FESIX - Volatility Comparison

The current volatility for Apollo Diversified Real Estate Fund Class I (GRIFX) is 0.83%, while Fidelity SAI Real Estate Index Fund (FESIX) has a volatility of 4.26%. This indicates that GRIFX experiences smaller price fluctuations and is considered to be less risky than FESIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GRIFXFESIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.83%

4.26%

-3.43%

Volatility (6M)

Calculated over the trailing 6-month period

2.47%

9.16%

-6.69%

Volatility (1Y)

Calculated over the trailing 1-year period

4.59%

16.44%

-11.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.56%

18.93%

-13.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.62%

21.86%

-17.24%