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.
Correlation
The correlation between JIREX and FRESX is 0.97, 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.
Performance
JIREX vs. FRESX - Performance Comparison
Key characteristics
JIREX:
1.18
FRESX:
0.77
JIREX:
1.61
FRESX:
1.12
JIREX:
1.21
FRESX:
1.14
JIREX:
0.33
FRESX:
0.36
JIREX:
4.45
FRESX:
2.28
JIREX:
4.15%
FRESX:
5.32%
JIREX:
15.64%
FRESX:
15.80%
JIREX:
-85.63%
FRESX:
-75.60%
JIREX:
-47.24%
FRESX:
-21.89%
Returns By Period
In the year-to-date period, JIREX achieves a 1.87% return, which is significantly lower than FRESX's 3.06% return. Over the past 10 years, JIREX has underperformed FRESX with an annualized return of 0.06%, while FRESX has yielded a comparatively higher 1.71% annualized return.
JIREX
1.87%
3.89%
5.82%
17.15%
-0.48%
0.06%
FRESX
3.06%
5.41%
-0.56%
11.01%
-1.03%
1.71%
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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.
Dividends
JIREX vs. FRESX - Dividend Comparison
JIREX's dividend yield for the trailing twelve months is around 1.95%, less than FRESX's 2.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JIREX JHancock Real Estate Securities Fund | 1.95% | 1.99% | 2.37% | 1.79% | 0.81% | 1.92% | 2.14% | 2.28% | 1.38% | 3.99% | 2.05% | 1.71% |
FRESX Fidelity Real Estate Investment Portfolio | 2.04% | 2.11% | 2.31% | 1.71% | 0.78% | 2.93% | 2.36% | 2.57% | 1.80% | 1.73% | 5.80% | 2.39% |
Drawdowns
JIREX vs. FRESX - Drawdown Comparison
The maximum JIREX drawdown since its inception was -85.63%, which is greater than FRESX's maximum drawdown of -75.60%. Use the drawdown chart below to compare losses from any high point for JIREX and FRESX. For additional features, visit the drawdowns tool.
Volatility
JIREX vs. FRESX - Volatility Comparison
The current volatility for JHancock Real Estate Securities Fund (JIREX) is 5.11%, while Fidelity Real Estate Investment Portfolio (FRESX) has a volatility of 5.55%. This indicates that JIREX experiences smaller price fluctuations and is considered to be less risky than FRESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.