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PRKZX vs. FIKLX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

PRKZX vs. FIKLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Real Estate Income Fund (PRKZX) and Fidelity Advisor International Real Estate Fund Class Z (FIKLX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PRKZX achieves a 14.94% return, which is significantly higher than FIKLX's 0.29% return.


PRKZX

1D
-0.61%
1M
1.02%
6M
10.53%
YTD
14.94%
1Y
18.45%
3Y*
13.78%
5Y*
5.63%
10Y*
5.54%
ALL TIME*
6.72%

FIKLX

1D
1.15%
1M
2.43%
6M
-3.84%
YTD
0.29%
1Y
7.32%
3Y*
4.47%
5Y*
-2.99%
10Y*
ALL TIME*
3.14%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

PRKZX vs. FIKLX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
PRKZX
PGIM Real Estate Income Fund
14.94%3.74%17.55%10.54%-16.17%21.17%-8.68%30.19%-5.91%
FIKLX
Fidelity Advisor International Real Estate Fund Class Z
0.29%22.93%-9.39%4.32%-26.54%12.03%5.85%28.22%-2.29%

Correlation

The correlation between PRKZX and FIKLX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.57

Correlation (3Y)
Balances recent behavior with more history.

0.61

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.64

Correlation (All Time)
Calculated using the full available price history since Oct 17, 2018

0.62

The correlation between PRKZX and FIKLX has been stable across timeframes, ranging from 0.57 to 0.64 - a consistent structural relationship.

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Return for Risk

PRKZX vs. FIKLX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PRKZX
PRKZX Risk / Return Rank: 5555
Overall Rank
PRKZX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
PRKZX Sortino Ratio Rank: 6161
Sortino Ratio Rank
PRKZX Omega Ratio Rank: 5757
Omega Ratio Rank
PRKZX Calmar Ratio Rank: 5858
Calmar Ratio Rank
PRKZX Martin Ratio Rank: 3838
Martin Ratio Rank

FIKLX
FIKLX Risk / Return Rank: 1313
Overall Rank
FIKLX Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
FIKLX Sortino Ratio Rank: 1616
Sortino Ratio Rank
FIKLX Omega Ratio Rank: 1616
Omega Ratio Rank
FIKLX Calmar Ratio Rank: 1111
Calmar Ratio Rank
FIKLX Martin Ratio Rank: 99
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PRKZX vs. FIKLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Real Estate Income Fund (PRKZX) and Fidelity Advisor International Real Estate Fund Class Z (FIKLX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


PRKZXFIKLXDifference
Sharpe ratioReturn per unit of total volatility

+0.95

Sortino ratioReturn per unit of downside risk

+1.27

Omega ratioGain probability vs. loss probability

1.27

1.12

+0.16

Calmar ratioReturn relative to maximum drawdown

2.09

0.53

+1.56

Martin ratioReturn relative to average drawdown

5.75

1.09

+4.66

PRKZX vs. FIKLX - Sharpe Ratio Comparison

The current PRKZX Sharpe Ratio is 1.56, which is higher than the FIKLX Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of PRKZX and FIKLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

PRKZX vs. FIKLX - Drawdown Comparison

The maximum PRKZX drawdown since its inception was -46.95%, which is greater than FIKLX's maximum drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for PRKZX and FIKLX.


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Drawdown Indicators


PRKZXFIKLXDifference

Max Drawdown

Largest peak-to-trough decline

-46.95%

-36.93%

-10.02%

Max Drawdown (1Y)

Largest decline over 1 year

-8.26%

-14.03%

+5.77%

Max Drawdown (3Y)

Largest decline over 3 years

-15.90%

-18.09%

+2.19%

Max Drawdown (5Y)

Largest decline over 5 years

-25.96%

-36.93%

+10.97%

Max Drawdown (10Y)

Largest decline over 10 years

-46.95%

Current Drawdown

Current decline from peak

-0.86%

-16.74%

+15.88%

Average Drawdown

Average peak-to-trough decline

-7.40%

-15.79%

+8.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.00%

6.83%

-3.83%

Volatility

PRKZX vs. FIKLX - Volatility Comparison

The current volatility for PGIM Real Estate Income Fund (PRKZX) is 2.76%, while Fidelity Advisor International Real Estate Fund Class Z (FIKLX) has a volatility of 3.07%. This indicates that PRKZX experiences smaller price fluctuations and is considered to be less risky than FIKLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PRKZXFIKLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.76%

3.07%

-0.31%

Volatility (6M)

Calculated over the trailing 6-month period

8.71%

10.11%

-1.40%

Volatility (1Y)

Calculated over the trailing 1-year period

11.14%

12.35%

-1.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.44%

13.73%

+0.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.18%

14.67%

+2.51%

PRKZX vs. FIKLX - Expense Ratio Comparison

PRKZX has a 1.38% expense ratio, which is higher than FIKLX's 0.79% expense ratio.


Dividends

PRKZX vs. FIKLX - Dividend Comparison

PRKZX's dividend yield for the trailing twelve months is around 6.71%, more than FIKLX's 3.09% yield.


PositionTTM2025202420232022202120202019201820172016
FIKLX
Fidelity Advisor International Real Estate Fund Class Z
3.09%3.10%5.24%2.12%4.60%5.63%1.94%5.41%0.00%0.00%0.00%
PRKZX
PGIM Real Estate Income Fund
6.71%7.09%8.63%4.25%5.53%29.71%4.27%4.53%5.65%5.18%4.96%

Frequently Asked Questions


PRKZX and FIKLX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FIKLX has higher volatility (3.07%) compared to PRKZX (2.76%). In terms of maximum drawdown, PRKZX dropped -46.95% vs FIKLX's -36.93%.

PRKZX currently has the higher Sharpe Ratio (1.56 vs 0.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for PRKZX and FIKLX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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