JAREX vs. FIRIX
Compare and contrast key facts about Easterly Global Real Estate Fund (JAREX) and Fidelity Advisor International Real Estate Fund Class I (FIRIX).
JAREX is managed by James Alpha Advisors. It was launched on Oct 25, 2009. FIRIX is managed by Fidelity. It was launched on Apr 4, 2007.
Performance
JAREX vs. FIRIX - Performance Comparison
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JAREX vs. FIRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAREX Easterly Global Real Estate Fund | -1.25% | 5.33% | 0.44% | 6.88% | -24.45% | 21.95% | -2.02% | 33.87% | -7.40% | 16.80% |
FIRIX Fidelity Advisor International Real Estate Fund Class I | -5.03% | 22.73% | -9.43% | 4.07% | -26.55% | 11.87% | 5.82% | 28.09% | -6.12% | 26.95% |
Returns By Period
In the year-to-date period, JAREX achieves a -1.25% return, which is significantly higher than FIRIX's -5.03% return. Over the past 10 years, JAREX has outperformed FIRIX with an annualized return of 4.10%, while FIRIX has yielded a comparatively lower 3.64% annualized return.
JAREX
- 1D
- 0.22%
- 1M
- -11.08%
- YTD
- -1.25%
- 6M
- -3.47%
- 1Y
- 2.05%
- 3Y*
- 3.83%
- 5Y*
- -1.10%
- 10Y*
- 4.10%
FIRIX
- 1D
- 0.20%
- 1M
- -13.64%
- YTD
- -5.03%
- 6M
- -2.99%
- 1Y
- 12.98%
- 3Y*
- 3.22%
- 5Y*
- -2.20%
- 10Y*
- 3.64%
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JAREX vs. FIRIX - Expense Ratio Comparison
JAREX has a 1.36% expense ratio, which is higher than FIRIX's 0.92% expense ratio.
Return for Risk
JAREX vs. FIRIX — Risk / Return Rank
JAREX
FIRIX
JAREX vs. FIRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Easterly Global Real Estate Fund (JAREX) and Fidelity Advisor International Real Estate Fund Class I (FIRIX). 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.
| JAREX | FIRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.13 | 0.96 | -0.83 |
Sortino ratioReturn per unit of downside risk | 0.28 | 1.35 | -1.07 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.18 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.14 | 0.89 | -0.75 |
Martin ratioReturn relative to average drawdown | 0.42 | 3.90 | -3.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JAREX | FIRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 0.96 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | -0.16 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.27 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.12 | +0.22 |
Correlation
The correlation between JAREX and FIRIX is 0.75, 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
JAREX vs. FIRIX - Dividend Comparison
JAREX's dividend yield for the trailing twelve months is around 2.80%, less than FIRIX's 3.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAREX Easterly Global Real Estate Fund | 2.80% | 3.25% | 2.98% | 2.16% | 5.76% | 10.54% | 6.95% | 13.63% | 11.79% | 10.05% | 8.78% | 10.96% |
FIRIX Fidelity Advisor International Real Estate Fund Class I | 3.15% | 2.99% | 5.16% | 1.90% | 4.41% | 5.49% | 1.84% | 5.15% | 2.10% | 3.41% | 4.27% | 3.09% |
Drawdowns
JAREX vs. FIRIX - Drawdown Comparison
The maximum JAREX drawdown since its inception was -40.58%, smaller than the maximum FIRIX drawdown of -71.41%. Use the drawdown chart below to compare losses from any high point for JAREX and FIRIX.
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Drawdown Indicators
| JAREX | FIRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.58% | -71.41% | +30.83% |
Max Drawdown (1Y)Largest decline over 1 year | -12.16% | -13.82% | +1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -35.05% | -37.07% | +2.02% |
Max Drawdown (10Y)Largest decline over 10 years | -40.58% | -37.07% | -3.51% |
Current DrawdownCurrent decline from peak | -16.40% | -21.56% | +5.16% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -20.00% | +11.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | 3.17% | +1.01% |
Volatility
JAREX vs. FIRIX - Volatility Comparison
The current volatility for Easterly Global Real Estate Fund (JAREX) is 4.57%, while Fidelity Advisor International Real Estate Fund Class I (FIRIX) has a volatility of 5.19%. This indicates that JAREX experiences smaller price fluctuations and is considered to be less risky than FIRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JAREX | FIRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.57% | 5.19% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 8.32% | 8.70% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 12.91% | +1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.41% | 13.55% | +2.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 13.67% | +3.69% |