TRREX vs. FXAIX
Compare and contrast key facts about T. Rowe Price Real Estate Fund (TRREX) and Fidelity 500 Index Fund (FXAIX).
TRREX is managed by T. Rowe Price. It was launched on Oct 31, 1997. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRREX or FXAIX.
Key characteristics
| TRREX | FXAIX | |
|---|---|---|
| YTD Return | 9.48% | 27.16% |
| 1Y Return | 29.51% | 39.89% |
| 3Y Return (Ann) | -1.12% | 10.29% |
| 5Y Return (Ann) | 3.80% | 16.01% |
| 10Y Return (Ann) | 4.78% | 13.33% |
| Sharpe Ratio | 1.63 | 3.13 |
| Sortino Ratio | 2.37 | 4.16 |
| Omega Ratio | 1.29 | 1.59 |
| Calmar Ratio | 0.91 | 4.59 |
| Martin Ratio | 5.73 | 20.80 |
| Ulcer Index | 4.78% | 1.86% |
| Daily Std Dev | 16.82% | 12.39% |
| Max Drawdown | -74.81% | -33.79% |
| Current Drawdown | -9.29% | 0.00% |
Correlation
The correlation between TRREX and FXAIX 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.
Performance
TRREX vs. FXAIX - Performance Comparison
In the year-to-date period, TRREX achieves a 9.48% return, which is significantly lower than FXAIX's 27.16% return. Over the past 10 years, TRREX has underperformed FXAIX with an annualized return of 4.78%, while FXAIX has yielded a comparatively higher 13.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TRREX vs. FXAIX - Expense Ratio Comparison
TRREX has a 0.77% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
TRREX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Real Estate Fund (TRREX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
TRREX vs. FXAIX - Dividend Comparison
TRREX's dividend yield for the trailing twelve months is around 2.41%, more than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRREX T. Rowe Price Real Estate Fund | 2.41% | 2.76% | 2.66% | 1.78% | 3.33% | 2.92% | 2.91% | 2.72% | 2.28% | 2.26% | 2.23% | 2.31% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
TRREX vs. FXAIX - Drawdown Comparison
The maximum TRREX drawdown since its inception was -74.81%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for TRREX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
TRREX vs. FXAIX - Volatility Comparison
T. Rowe Price Real Estate Fund (TRREX) has a higher volatility of 5.34% compared to Fidelity 500 Index Fund (FXAIX) at 3.91%. This indicates that TRREX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.