PRKZX vs. FIKLX
PRKZX (PGIM Real Estate Income Fund) and FIKLX (Fidelity Advisor International Real Estate Fund Class Z) are both REIT funds. Over the past 5 years, PRKZX returned 5.63%/yr vs -2.99%/yr for FIKLX. Their 0.62 correlation means they have sometimes moved together and sometimes differently. PRKZX charges 1.38%/yr vs 0.79%/yr for FIKLX.
Performance
PRKZX vs. FIKLX - Performance Comparison
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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%
Liquidity Comparison
| Position | Avg. 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) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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
PRKZX
FIKLX
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.
| PRKZX | FIKLX | Difference | |
|---|---|---|---|
| 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 |
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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
| PRKZX | FIKLX | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -0.86% | -16.74% | +15.88% |
Average DrawdownAverage peak-to-trough decline | -7.40% | -15.79% | +8.39% |
Ulcer IndexDepth 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
| PRKZX | FIKLX | Difference | |
|---|---|---|---|
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.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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.
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