NBRFX vs. FRESX
Compare and contrast key facts about Neuberger Berman Real Estate Fund (NBRFX) and Fidelity Real Estate Investment Portfolio (FRESX).
NBRFX is managed by Neuberger Berman. It was launched on May 1, 2002. 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: NBRFX or FRESX.
Key characteristics
| NBRFX | FRESX | |
|---|---|---|
| YTD Return | 13.88% | 14.34% |
| 1Y Return | 28.50% | 27.11% |
| 3Y Return (Ann) | 1.04% | 2.16% |
| 5Y Return (Ann) | 5.33% | 4.75% |
| 10Y Return (Ann) | 7.85% | 7.38% |
| Sharpe Ratio | 1.53 | 1.49 |
| Daily Std Dev | 18.22% | 17.82% |
| Max Drawdown | -68.51% | -75.98% |
| Current Drawdown | -7.58% | -4.16% |
Correlation
The correlation between NBRFX 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
NBRFX vs. FRESX - Performance Comparison
The year-to-date returns for both investments are quite close, with NBRFX having a 13.88% return and FRESX slightly higher at 14.34%. Over the past 10 years, NBRFX has outperformed FRESX with an annualized return of 7.85%, while FRESX has yielded a comparatively lower 7.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NBRFX vs. FRESX - Expense Ratio Comparison
NBRFX has a 1.39% expense ratio, which is higher than FRESX's 0.71% expense ratio.
Risk-Adjusted Performance
NBRFX vs. FRESX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Real Estate Fund (NBRFX) 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
NBRFX vs. FRESX - Dividend Comparison
NBRFX's dividend yield for the trailing twelve months is around 1.80%, less than FRESX's 3.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBRFX Neuberger Berman Real Estate Fund | 1.80% | 2.11% | 12.58% | 3.84% | 2.03% | 5.22% | 6.98% | 6.43% | 14.86% | 9.29% | 6.08% | 7.69% |
FRESX Fidelity Real Estate Investment Portfolio | 3.41% | 6.95% | 10.16% | 3.70% | 4.77% | 6.91% | 4.82% | 4.00% | 4.90% | 6.53% | 1.66% | 3.08% |
Drawdowns
NBRFX vs. FRESX - Drawdown Comparison
The maximum NBRFX drawdown since its inception was -68.51%, smaller than the maximum FRESX drawdown of -75.98%. Use the drawdown chart below to compare losses from any high point for NBRFX and FRESX. For additional features, visit the drawdowns tool.
Volatility
NBRFX vs. FRESX - Volatility Comparison
Neuberger Berman Real Estate Fund (NBRFX) and Fidelity Real Estate Investment Portfolio (FRESX) have volatilities of 2.97% and 3.10%, 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.