Correlation
The correlation between JIREX and FRESX is 0.66, 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.
JIREX vs. FRESX
Compare and contrast key facts about JHancock Real Estate Securities Fund (JIREX) and Fidelity Real Estate Investment Portfolio (FRESX).
JIREX is managed by John Hancock. It was launched on Oct 14, 2005. FRESX is managed by Fidelity. It was launched on Nov 17, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIREX or FRESX.
Performance
JIREX vs. FRESX - Performance Comparison
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Key characteristics
JIREX:
0.71
FRESX:
0.92
JIREX:
1.08
FRESX:
1.39
JIREX:
1.15
FRESX:
1.18
JIREX:
0.58
FRESX:
0.75
JIREX:
1.97
FRESX:
3.17
JIREX:
6.83%
FRESX:
5.48%
JIREX:
18.28%
FRESX:
17.98%
JIREX:
-73.35%
FRESX:
-76.33%
JIREX:
-12.20%
FRESX:
-9.03%
Returns By Period
In the year-to-date period, JIREX achieves a -1.62% return, which is significantly lower than FRESX's 2.51% return. Over the past 10 years, JIREX has outperformed FRESX with an annualized return of 6.14%, while FRESX has yielded a comparatively lower 5.60% annualized return.
JIREX
-1.62%
1.85%
-9.08%
10.90%
1.58%
7.84%
6.14%
FRESX
2.51%
0.46%
-5.28%
14.23%
1.17%
7.48%
5.60%
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JIREX vs. FRESX - Expense Ratio Comparison
JIREX has a 0.85% expense ratio, which is higher than FRESX's 0.71% expense ratio.
Risk-Adjusted Performance
JIREX vs. FRESX — Risk-Adjusted Performance Rank
JIREX
FRESX
JIREX vs. FRESX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JHancock Real Estate Securities Fund (JIREX) and Fidelity Real Estate Investment Portfolio (FRESX). 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
JIREX vs. FRESX - Dividend Comparison
JIREX's dividend yield for the trailing twelve months is around 2.02%, less than FRESX's 5.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JIREX JHancock Real Estate Securities Fund | 2.02% | 1.99% | 2.37% | 13.79% | 11.82% | 1.92% | 8.80% | 4.66% | 7.27% | 12.69% | 12.72% | 9.43% |
FRESX Fidelity Real Estate Investment Portfolio | 5.44% | 5.58% | 6.95% | 10.16% | 3.70% | 4.77% | 6.91% | 4.82% | 4.00% | 4.90% | 6.09% | 1.66% |
Drawdowns
JIREX vs. FRESX - Drawdown Comparison
The maximum JIREX drawdown since its inception was -73.35%, roughly equal to the maximum FRESX drawdown of -76.33%. Use the drawdown chart below to compare losses from any high point for JIREX and FRESX.
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Volatility
JIREX vs. FRESX - Volatility Comparison
JHancock Real Estate Securities Fund (JIREX) and Fidelity Real Estate Investment Portfolio (FRESX) have volatilities of 4.84% and 4.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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