REET vs. FIREX
Compare and contrast key facts about iShares Global REIT ETF (REET) and Fidelity International Real Estate Fund (FIREX).
REET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Global REIT Index. It was launched on Jul 8, 2014. FIREX is managed by Fidelity. It was launched on Sep 8, 2004.
Performance
REET vs. FIREX - Performance Comparison
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REET vs. FIREX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
REET iShares Global REIT ETF | 2.31% | 7.97% | 2.65% | 10.28% | -24.10% | 32.43% | -10.48% | 24.42% | -5.27% | 7.48% |
FIREX Fidelity International Real Estate Fund | -3.31% | 22.85% | -9.46% | 4.01% | -26.61% | 11.85% | 5.71% | 27.96% | -6.15% | 24.61% |
Returns By Period
In the year-to-date period, REET achieves a 2.31% return, which is significantly higher than FIREX's -3.31% return. Both investments have delivered pretty close results over the past 10 years, with REET having a 3.57% annualized return and FIREX not far ahead at 3.60%.
REET
- 1D
- 0.99%
- 1M
- -6.30%
- YTD
- 2.31%
- 6M
- 1.07%
- 1Y
- 8.44%
- 3Y*
- 7.14%
- 5Y*
- 2.84%
- 10Y*
- 3.57%
FIREX
- 1D
- 1.89%
- 1M
- -10.33%
- YTD
- -3.31%
- 6M
- -1.14%
- 1Y
- 14.41%
- 3Y*
- 3.84%
- 5Y*
- -2.02%
- 10Y*
- 3.60%
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REET vs. FIREX - Expense Ratio Comparison
REET has a 0.14% expense ratio, which is lower than FIREX's 0.95% expense ratio.
Return for Risk
REET vs. FIREX — Risk / Return Rank
REET
FIREX
REET vs. FIREX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global REIT ETF (REET) and Fidelity International Real Estate Fund (FIREX). 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.
| REET | FIREX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.56 | 1.17 | -0.60 |
Sortino ratioReturn per unit of downside risk | 0.86 | 1.61 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.22 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.73 | 1.05 | -0.31 |
Martin ratioReturn relative to average drawdown | 3.04 | 4.43 | -1.40 |
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
| REET | FIREX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 1.17 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | -0.15 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.26 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.25 | -0.03 |
Correlation
The correlation between REET and FIREX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
REET vs. FIREX - Dividend Comparison
REET's dividend yield for the trailing twelve months is around 3.62%, more than FIREX's 3.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REET iShares Global REIT ETF | 3.62% | 3.67% | 3.64% | 3.27% | 2.43% | 3.18% | 2.65% | 5.25% | 5.73% | 3.84% | 5.37% | 3.56% |
FIREX Fidelity International Real Estate Fund | 3.07% | 2.97% | 5.27% | 1.86% | 4.44% | 5.44% | 1.77% | 5.10% | 2.01% | 1.46% | 4.14% | 2.87% |
Drawdowns
REET vs. FIREX - Drawdown Comparison
The maximum REET drawdown since its inception was -44.59%, smaller than the maximum FIREX drawdown of -71.40%. Use the drawdown chart below to compare losses from any high point for REET and FIREX.
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Drawdown Indicators
| REET | FIREX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.59% | -71.40% | +26.81% |
Max Drawdown (1Y)Largest decline over 1 year | -11.70% | -13.75% | +2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -32.11% | -37.14% | +5.03% |
Max Drawdown (10Y)Largest decline over 10 years | -44.59% | -37.14% | -7.45% |
Current DrawdownCurrent decline from peak | -6.47% | -20.18% | +13.71% |
Average DrawdownAverage peak-to-trough decline | -9.91% | -18.74% | +8.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 3.25% | -0.43% |
Volatility
REET vs. FIREX - Volatility Comparison
The current volatility for iShares Global REIT ETF (REET) is 4.74%, while Fidelity International Real Estate Fund (FIREX) has a volatility of 5.66%. This indicates that REET experiences smaller price fluctuations and is considered to be less risky than FIREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| REET | FIREX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.74% | 5.66% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 8.32% | 8.87% | -0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.10% | 12.97% | +2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 13.55% | +3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.83% | 13.68% | +5.15% |