REACX vs. FRINX

Last updated Aug 2, 2026

REACX (American Century Real Estate Fund) and FRINX (Fidelity Advisor Real Estate Income Fund Class A) are both REIT funds. Over the past 10 years, REACX returned 5.01%/yr vs 4.54%/yr for FRINX. Their correlation of 0.90 means they have usually moved in the same direction. REACX charges 1.14%/yr vs 0.98%/yr for FRINX.

Performance

REACX vs. FRINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Real Estate Fund (REACX) and Fidelity Advisor Real Estate Income Fund Class A (FRINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REACX achieves a 16.22% return, which is significantly higher than FRINX's 3.19% return. Over the past 10 years, REACX has outperformed FRINX with an annualized return of 5.01%, while FRINX has yielded a comparatively lower 4.54% annualized return.

REACX

• 1D: -1.32%
• 1M: 1.25%
• 6M: 13.59%
• YTD: 16.22%
• 1Y: 18.09%
• 3Y*: 10.23%
• 5Y*: 3.48%
• 10Y*: 5.01%
• ALL TIME*: 9.00%

FRINX

• 1D: -0.24%
• 1M: -1.43%
• 6M: 2.34%
• YTD: 3.19%
• 1Y: 6.04%
• 3Y*: 7.19%
• 5Y*: 2.66%
• 10Y*: 4.54%
• ALL TIME*: 6.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FRINX Fidelity Advisor Real Estate Income Fund Class A	$0.00	$0.00	$0.00
REACX American Century Real Estate Fund	$0.00	$0.00	$0.00

REACX vs. FRINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REACX American Century Real Estate Fund	16.22%	0.81%	7.63%	10.97%	-24.64%	41.52%	-8.31%	30.73%	-4.18%	5.09%
FRINX Fidelity Advisor Real Estate Income Fund Class A	3.19%	6.87%	7.61%	9.01%	-14.79%	18.64%	-1.36%	17.52%	-1.93%	6.00%

Correlation

The correlation between REACX and FRINX is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.87
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.89
Correlation (All Time) Calculated using the full available price history since Apr 20, 2010	0.90

The correlation between REACX and FRINX has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

Return for Risk

REACX vs. FRINX — Risk / Return Rank

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

REACX

REACX Risk / Return Rank: 44
REACX Sharpe Ratio Rank: 38
REACX Sortino Ratio Rank: 37
REACX Omega Ratio Rank: 36
REACX Calmar Ratio Rank: 60
REACX Martin Ratio Rank: 48

FRINX

FRINX Risk / Return Rank: 54
FRINX Sharpe Ratio Rank: 57
FRINX Sortino Ratio Rank: 54
FRINX Omega Ratio Rank: 59
FRINX Calmar Ratio Rank: 46
FRINX Martin Ratio Rank: 53

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.

REACX vs. FRINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Real Estate Fund (REACX) and Fidelity Advisor Real Estate Income Fund Class A (FRINX). 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.

	REACX	FRINX	Difference
Sharpe ratio: Return per unit of total volatility	1.17	1.43	-0.26
Sortino ratio: Return per unit of downside risk	1.67	2.02	-0.35
Omega ratio: Gain probability vs. loss probability	1.21	1.27	-0.06
Calmar ratio: Return relative to maximum drawdown	2.06	1.79	+0.28
Martin ratio: Return relative to average drawdown	6.77	7.19	-0.42

REACX vs. FRINX - Sharpe Ratio Comparison

The current REACX Sharpe Ratio is 1.17, which is comparable to the FRINX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of REACX and FRINX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

REACX vs. FRINX - Drawdown Comparison

The maximum REACX drawdown since its inception was -75.80%, which is greater than FRINX's maximum drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for REACX and FRINX.

Drawdown Indicators

	REACX	FRINX	Difference
Max Drawdown Largest peak-to-trough decline	-75.80%	-34.50%	-41.30%
Max Drawdown (1Y) Largest decline over 1 year	-7.72%	-3.45%	-4.27%
Max Drawdown (3Y) Largest decline over 3 years	-17.16%	-6.20%	-10.96%
Max Drawdown (5Y) Largest decline over 5 years	-32.15%	-18.30%	-13.85%
Max Drawdown (10Y) Largest decline over 10 years	-41.88%	-34.50%	-7.38%
Current Drawdown Current decline from peak	-2.35%	-1.51%	-0.84%
Average Drawdown Average peak-to-trough decline	-12.53%	-3.35%	-9.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	0.85%	+1.52%

Volatility

REACX vs. FRINX - Volatility Comparison

American Century Real Estate Fund (REACX) has a higher volatility of 4.41% compared to Fidelity Advisor Real Estate Income Fund Class A (FRINX) at 1.62%. This indicates that REACX's price experiences larger fluctuations and is considered to be riskier than FRINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REACX	FRINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.41%	1.62%	+2.79%
Volatility (6M) Calculated over the trailing 6-month period	10.73%	3.54%	+7.19%
Volatility (1Y) Calculated over the trailing 1-year period	13.67%	4.33%	+9.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.53%	6.49%	+12.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.55%	9.51%	+11.04%

REACX vs. FRINX - Expense Ratio Comparison

REACX has a 1.14% expense ratio, which is higher than FRINX's 0.98% expense ratio.

Dividends

REACX vs. FRINX - Dividend Comparison

REACX's dividend yield for the trailing twelve months is around 1.55%, less than FRINX's 3.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRINX Fidelity Advisor Real Estate Income Fund Class A	3.19%	4.40%	4.41%	4.78%	5.80%	1.31%	4.53%	5.45%	4.89%	4.21%	4.77%	3.53%
REACX American Century Real Estate Fund	1.55%	2.15%	1.89%	2.28%	11.26%	11.49%	1.71%	8.71%	8.73%	4.66%	11.80%	2.51%

Frequently Asked Questions

Can I hold both REACX and FRINX in my portfolio?

REACX and FRINX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REACX or FRINX?

REACX has higher volatility (4.41%) compared to FRINX (1.62%). In terms of maximum drawdown, REACX dropped -75.80% vs FRINX's -34.50%.

Which has better risk-adjusted returns?

FRINX currently has the higher Sharpe Ratio (1.43 vs 1.17), 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.