NGREX vs. FIKMX
Compare and contrast key facts about Northern Global Real Estate Index Fund (NGREX) and Fidelity Advisor Real Estate Income Fund Class Z (FIKMX).
NGREX is managed by Northern Funds. It was launched on Jul 25, 2006. FIKMX is managed by Fidelity. It was launched on Oct 2, 2018.
Performance
NGREX vs. FIKMX - Performance Comparison
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NGREX vs. FIKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NGREX Northern Global Real Estate Index Fund | 1.28% | 10.42% | 2.63% | 9.98% | -24.31% | 22.71% | -8.35% | 23.17% | -1.61% |
FIKMX Fidelity Advisor Real Estate Income Fund Class Z | 0.41% | 7.29% | 8.03% | 9.51% | -14.48% | 19.04% | -0.98% | 18.04% | -1.71% |
Returns By Period
In the year-to-date period, NGREX achieves a 1.28% return, which is significantly higher than FIKMX's 0.41% return.
NGREX
- 1D
- 1.69%
- 1M
- -8.32%
- YTD
- 1.28%
- 6M
- 0.85%
- 1Y
- 10.05%
- 3Y*
- 7.81%
- 5Y*
- 1.88%
- 10Y*
- 3.50%
FIKMX
- 1D
- 0.41%
- 1M
- -2.56%
- YTD
- 0.41%
- 6M
- 1.22%
- 1Y
- 4.81%
- 3Y*
- 7.65%
- 5Y*
- 3.93%
- 10Y*
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NGREX vs. FIKMX - Expense Ratio Comparison
NGREX has a 0.47% expense ratio, which is lower than FIKMX's 0.59% expense ratio.
Return for Risk
NGREX vs. FIKMX — Risk / Return Rank
NGREX
FIKMX
NGREX vs. FIKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Global Real Estate Index Fund (NGREX) and Fidelity Advisor Real Estate Income Fund Class Z (FIKMX). 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.
| NGREX | FIKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.65 | 0.99 | -0.34 |
Sortino ratioReturn per unit of downside risk | 1.04 | 1.32 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.19 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.00 | 1.17 | -0.17 |
Martin ratioReturn relative to average drawdown | 3.76 | 4.90 | -1.14 |
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
| NGREX | FIKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.99 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 0.61 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.52 | -0.37 |
Correlation
The correlation between NGREX and FIKMX is 0.85, 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
NGREX vs. FIKMX - Dividend Comparison
NGREX's dividend yield for the trailing twelve months is around 3.72%, less than FIKMX's 4.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGREX Northern Global Real Estate Index Fund | 3.72% | 3.92% | 3.71% | 2.40% | 1.85% | 3.11% | 2.09% | 4.49% | 3.91% | 2.59% | 4.36% | 2.49% |
FIKMX Fidelity Advisor Real Estate Income Fund Class Z | 4.78% | 4.80% | 4.81% | 5.15% | 6.24% | 1.59% | 4.90% | 5.82% | 2.31% | 0.00% | 0.00% | 0.00% |
Drawdowns
NGREX vs. FIKMX - Drawdown Comparison
The maximum NGREX drawdown since its inception was -72.37%, which is greater than FIKMX's maximum drawdown of -34.49%. Use the drawdown chart below to compare losses from any high point for NGREX and FIKMX.
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Drawdown Indicators
| NGREX | FIKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.37% | -34.49% | -37.88% |
Max Drawdown (1Y)Largest decline over 1 year | -10.41% | -4.35% | -6.06% |
Max Drawdown (5Y)Largest decline over 5 years | -32.14% | -18.04% | -14.10% |
Max Drawdown (10Y)Largest decline over 10 years | -41.06% | — | — |
Current DrawdownCurrent decline from peak | -8.73% | -2.72% | -6.01% |
Average DrawdownAverage peak-to-trough decline | -16.01% | -5.26% | -10.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 1.04% | +1.73% |
Volatility
NGREX vs. FIKMX - Volatility Comparison
Northern Global Real Estate Index Fund (NGREX) has a higher volatility of 4.58% compared to Fidelity Advisor Real Estate Income Fund Class Z (FIKMX) at 1.67%. This indicates that NGREX's price experiences larger fluctuations and is considered to be riskier than FIKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGREX | FIKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.58% | 1.67% | +2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 10.65% | 2.90% | +7.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.17% | 4.96% | +11.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.90% | 6.52% | +9.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.07% | 10.69% | +6.38% |