VTR vs. FRIFX

Last updated Jun 3, 2026

VTR (Ventas, Inc.) is a stock, while FRIFX (Fidelity Real Estate Income Fund) is REIT fund managed by Fidelity. Over the past 10 years, VTR returned 6.08%/yr vs 5.33%/yr for FRIFX. A 0.70 correlation means they provide meaningful diversification when combined.

Performance

VTR vs. FRIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ventas, Inc. (VTR) and Fidelity Real Estate Income Fund (FRIFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTR achieves a 4.22% return, which is significantly higher than FRIFX's 3.55% return. Over the past 10 years, VTR has outperformed FRIFX with an annualized return of 6.08%, while FRIFX has yielded a comparatively lower 5.33% annualized return.

VTR

• 1D: -1.93%
• 1M: -8.96%
• YTD: 4.22%
• 6M: 1.32%
• 1Y: 28.46%
• 3Y*: 24.93%
• 5Y*: 10.78%
• 10Y*: 6.08%

FRIFX

• 1D: -0.40%
• 1M: -0.16%
• YTD: 3.55%
• 6M: 4.09%
• 1Y: 8.14%
• 3Y*: 8.44%
• 5Y*: 3.60%
• 10Y*: 5.33%

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

VTR vs. FRIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTR Ventas, Inc.	4.22%	35.09%	22.24%	15.06%	-8.53%	7.73%	-9.80%	3.42%	3.45%	0.71%
FRIFX Fidelity Real Estate Income Fund	3.55%	7.16%	7.93%	9.32%	-14.54%	18.90%	-1.09%	17.92%	-1.80%	6.20%

Correlation

The correlation between VTR and FRIFX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Jan 9, 2003	0.70

Over the past year, the correlation between VTR and FRIFX has dropped to 0.40 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

Return for Risk

VTR vs. FRIFX — Risk / Return Rank

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

VTR

VTR Risk / Return Rank: 81
VTR Sharpe Ratio Rank: 82
VTR Sortino Ratio Rank: 79
VTR Omega Ratio Rank: 78
VTR Calmar Ratio Rank: 78
VTR Martin Ratio Rank: 87

FRIFX

FRIFX Risk / Return Rank: 45
FRIFX Sharpe Ratio Rank: 46
FRIFX Sortino Ratio Rank: 45
FRIFX Omega Ratio Rank: 47
FRIFX Calmar Ratio Rank: 38
FRIFX Martin Ratio Rank: 51

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.

VTR vs. FRIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ventas, Inc. (VTR) and Fidelity Real Estate Income Fund (FRIFX). 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.

	VTR	FRIFX	Difference
Sharpe ratio Return per unit of total volatility	1.55	2.00	-0.45
Sortino ratio Return per unit of downside risk	2.28	2.84	-0.56
Omega ratio Gain probability vs. loss probability	1.30	1.37	-0.08
Calmar ratio Return relative to maximum drawdown	2.48	2.38	+0.10
Martin ratio Return relative to average drawdown	9.88	10.50	-0.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTR vs. FRIFX - Sharpe Ratio Comparison

The current VTR Sharpe Ratio is 1.55, which is comparable to the FRIFX Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of VTR and FRIFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VTR	FRIFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	2.00	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.56	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.57	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.73	-0.43

Drawdowns

VTR vs. FRIFX - Drawdown Comparison

The maximum VTR drawdown since its inception was -83.38%, which is greater than FRIFX's maximum drawdown of -38.27%. Use the drawdown chart below to compare losses from any high point for VTR and FRIFX.

Drawdown Indicators

	VTR	FRIFX	Difference
Max Drawdown Largest peak-to-trough decline	-83.38%	-38.27%	-45.11%
Max Drawdown (1Y) Largest decline over 1 year	-11.31%	-3.42%	-7.89%
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	-7.24%	-12.11%
Max Drawdown (5Y) Largest decline over 5 years	-41.80%	-18.12%	-23.68%
Max Drawdown (10Y) Largest decline over 10 years	-76.92%	-34.50%	-42.42%
Current Drawdown Current decline from peak	-11.31%	-0.56%	-10.75%
Average Drawdown Average peak-to-trough decline	-18.20%	-4.26%	-13.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	0.77%	+2.07%

Volatility

VTR vs. FRIFX - Volatility Comparison

Ventas, Inc. (VTR) has a higher volatility of 6.20% compared to Fidelity Real Estate Income Fund (FRIFX) at 1.18%. This indicates that VTR's price experiences larger fluctuations and is considered to be riskier than FRIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTR	FRIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.20%	1.18%	+5.02%
Volatility (6M) Calculated over the trailing 6-month period	13.80%	3.15%	+10.65%
Volatility (1Y) Calculated over the trailing 1-year period	18.42%	4.09%	+14.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.89%	6.48%	+18.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.74%	9.47%	+25.27%

Dividends

VTR vs. FRIFX - Dividend Comparison

VTR's dividend yield for the trailing twelve months is around 2.45%, less than FRIFX's 4.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRIFX Fidelity Real Estate Income Fund	4.56%	4.69%	4.65%	4.99%	6.04%	1.47%	4.77%	5.68%	5.08%	4.40%	4.98%	3.65%
VTR Ventas, Inc.	2.45%	2.48%	3.06%	3.61%	4.00%	3.52%	4.37%	5.49%	5.40%	5.19%	4.74%	20.47%

Frequently Asked Questions

Can I hold both VTR and FRIFX in my portfolio?

VTR and FRIFX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTR or FRIFX?

VTR has higher volatility (6.20%) compared to FRIFX (1.18%). In terms of maximum drawdown, VTR dropped -83.38% vs FRIFX's -38.27%.

Which has better risk-adjusted returns?

FRIFX currently has the higher Sharpe Ratio (2.00 vs 1.55), 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.