REIIX vs. FIREX

Last updated Jun 5, 2026

REIIX (West Loop Realty Fund) and FIREX (Fidelity International Real Estate Fund) are both REIT funds. At a 0.46 correlation, their price movements are largely independent. REIIX charges 1.43%/yr vs 0.95%/yr for FIREX.

Performance

REIIX vs. FIREX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in West Loop Realty Fund (REIIX) and Fidelity International Real Estate Fund (FIREX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

REIIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIREX

• 1D: -1.27%
• 1M: -4.43%
• YTD: -4.34%
• 6M: -2.48%
• 1Y: 2.71%
• 3Y*: 3.37%
• 5Y*: -3.61%
• 10Y*: 3.14%

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

REIIX vs. FIREX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REIIX West Loop Realty Fund	0.00%	2.21%	-5.60%	13.33%	-26.09%	39.77%	-2.90%	30.07%	-8.91%	6.80%
FIREX Fidelity International Real Estate Fund	-4.34%	22.85%	-9.46%	4.01%	-26.61%	11.85%	5.71%	27.96%	-6.15%	24.61%

Correlation

The correlation between REIIX and FIREX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.46

Return for Risk

REIIX vs. FIREX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIREX

FIREX Risk / Return Rank: 4
FIREX Sharpe Ratio Rank: 4
FIREX Sortino Ratio Rank: 4
FIREX Omega Ratio Rank: 4
FIREX Calmar Ratio Rank: 4
FIREX Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

REIIX vs. FIREX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for West Loop Realty Fund (REIIX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	REIIX	FIREX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.27	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.26	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.24	—

Drawdowns

Drawdown Indicators

	REIIX	FIREX	Difference
Max Drawdown Largest peak-to-trough decline	—	-71.40%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-13.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.14%	—
Current Drawdown Current decline from peak	—	-21.04%	—
Average Drawdown Average peak-to-trough decline	—	-18.73%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.07%	—

Volatility

Volatility by Period

	REIIX	FIREX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	12.12%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.71%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	13.77%	—

REIIX vs. FIREX - Expense Ratio Comparison

REIIX has a 1.43% expense ratio, which is higher than FIREX's 0.95% expense ratio.

Dividends

REIIX vs. FIREX - Dividend Comparison

REIIX has not paid dividends to shareholders, while FIREX's dividend yield for the trailing twelve months is around 3.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIREX Fidelity International Real Estate Fund	3.10%	2.97%	5.27%	1.86%	4.44%	5.44%	1.77%	5.10%	2.01%	1.46%	4.14%	2.87%
REIIX West Loop Realty Fund	0.00%	46.45%	1.45%	2.33%	12.09%	7.95%	3.11%	6.04%	3.29%	2.34%	4.64%	3.71%

Frequently Asked Questions

Can I hold both REIIX and FIREX in my portfolio?

REIIX and FIREX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.