Fidelity Real Estate Index Funds for Long-Term Investors

Fidelity Real Estate Index Funds for Long-Term Investors can be a great option for those looking to diversify their portfolio and potentially earn steady returns over time.

These funds track a specific market index, such as the FTSE NAREIT All Equity REITs Index, which includes a broad range of real estate investment trusts (REITs).

This diversification can help reduce risk and increase potential for long-term growth.

Fidelity Real Estate Index Funds offer a range of options for investors. These funds are part of the Fidelity Group of Funds.

The Fidelity Real Estate Index Fund was established on September 14, 2011. Louis Bottari serves as the manager of this fund.

The fund is denominated in USD and is domiciled in the US. This indicates that the fund's financial transactions are conducted in US dollars and that it is subject to US regulations.

Here is a summary of the fund details:

The performance of Fidelity Real Estate Index Funds (FSRNX) is a key consideration for investors. Over the current year, FSRNX has a performance of 2.73%.

In terms of risk-adjusted performance, FSRNX has a Treynor Ratio of 7.02 for the current year, indicating a strong return for its level of risk. Its Information Ratio for the same period is -0.82, suggesting that it has underperformed the market.

FSRNX has also shown a high degree of correlation with the market, with a Correlation of 99.99 for the current year. This means that the fund's returns have been closely tied to the overall market performance.

Here's a summary of FSRNX's performance metrics for the current year:

FSRNX has a Risk-adjusted Return of -5.22% since its inception, indicating that it has underperformed the market over the long term. Its Trailing Performance over the past 10 years is 44.70%, which is a respectable return for a real estate index fund.

The fund's risk-adjusted performance metrics suggest that it has been a relatively stable investment over the long term, with a low Maximum Loss of -8.20% over the past year.

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When evaluating the risk and volatility of Fidelity real estate index funds, it's essential to consider their Sharpe Ratios, which indicate how well they've performed under varying market conditions.

The Sharpe Ratio of FSRNX is 0.84, a comparable value to VGSLX's Sharpe Ratio of 0.84.

Historical Sharpe Ratios for FSRNX and VGSLX are calculated using daily returns over the previous 12 months, providing a snapshot of their performance under different market conditions.

These values offer insights into how both investments have performed over time, helping investors make informed decisions about their portfolios.

Fidelity's real estate index funds are known for their competitive pricing. FSRNX has a 0.07% expense ratio, which is lower than the average expense ratios found in the broader market.

This difference in expense ratio is worth noting, especially for long-term investors who want to keep costs low. The average expense ratios in the market usually range from 0.3% to 0.9%.

For comparison, here are the expense ratios of FSRNX and another fund, VGSLX, side by side:

Operating fees are a crucial aspect of investing, and understanding them can help you make informed decisions about your portfolio.

The expense ratio for FSRNX is 0.07%, which is the same as its management fee. This is relatively low compared to the category average.

Category rankings can give you an idea of how your investments are performing relative to others in the same category. FSRNX ranks 100% in its category, indicating it's at the top.

Management fees can vary, but FSRNX's management fee is 0.07%, which is also its expense ratio. This is a good sign that the fund is not overcharging for management services.

Here's a comparison of the operating fees for FSRNX and FESIX:

Keep in mind that higher operating fees can eat into your returns, so it's essential to choose funds with low fees.

When evaluating the expenses of a fund, sales fees are an important consideration. Sales fees can eat into your returns, so it's essential to understand how they work.

For the FSRNX fund, there are two types of sales fees: front load and deferred load. Front load sales fees are not applicable to this fund, with a fee of N/A.

Deferred load sales fees are a different story, with a fee ranging from 1.00% to 1.00% of the fund's assets under management (AUM). This means that if you invest $10,000 in the fund, you'll pay $100 in deferred load sales fees.

To give you a better idea of the sales fees associated with the FSRNX fund, here's a comparison of the fees with the fund's category returns:

As you can see, the deferred load sales fees are significantly lower than the front load fees, but still a notable expense. It's essential to consider these fees when evaluating the overall expense ratio of the fund.

When comparing trading fees, it's essential to consider the total cost of ownership. The FSRNX fund has a max redemption fee of N/A, which means you won't incur any extra costs when redeeming your shares.

The category return low for FSRNX is 1.00%, and the category return high is 2.00%. This indicates the range of potential returns you can expect from this fund.

Here's a breakdown of the trading fees for FSRNX:

Keep in mind that these fees are a percentage of the fund's assets under management (AUM).

FSRNX has a 0.07% expense ratio, which is lower than VGSLX's 0.12% expense ratio. Both funds are considered low-cost compared to the broader market.

The average expense ratios of funds in the broader market usually range from 0.3% to 0.9%. This highlights the relatively low cost of FSRNX and VGSLX.

Despite the difference in expense ratios, both FSRNX and VGSLX are considered low-cost options.

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The Fidelity Real Estate Index Fund has a diverse portfolio of holdings, with 155 stocks in total. This is a good sign, as a diverse portfolio can help reduce risk.

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Let's take a closer look at the top 10 holdings, which make up a significant portion of the fund's assets. Here are the top 10 holdings, along with their percentage of the fund's assets:

The top 10 holdings account for 44.34% of the fund's assets, which is a relatively high concentration of assets in a small number of stocks. This might be a concern for some investors, but it's worth noting that the fund's net assets are still relatively small, at $93.7 million.

Portfolio composition is a crucial aspect of investing, and understanding the makeup of your portfolio can help you make informed decisions about your investments.

The top 10 holdings in your portfolio are a good place to start.

These holdings are the largest individual investments in your portfolio, and they can have a significant impact on your overall investment performance.

According to the latest data, the top 10 holdings in your portfolio include:

These holdings are likely to be the largest contributors to your portfolio's overall performance, and keeping an eye on their performance can help you stay on track with your investment goals.

The stock sector breakdown of a portfolio can be a fascinating topic. The Real Estate sector takes up a significant 99.27% of the portfolio, indicating a strong focus on this area.

The Communication Services sector, on the other hand, is a tiny 0.60% of the portfolio, suggesting a relatively minor investment in this area.

Industrials and Technology sectors also make up a small portion of the portfolio, at 0.03% and 0.02% respectively.

The Healthcare sector is also a small part of the portfolio, making up 0.02% of the total.

The Financial Services, Consumer Cyclical, Energy, Basic Materials, Utilities, and Consumer Defense sectors all make up less than 1% of the portfolio each.

Here's a breakdown of the sectors and their weightings in the portfolio:

Concentration Analysis is a crucial aspect of portfolio composition. It involves examining the concentration of a fund's assets in a specific area, such as net assets or number of holdings.

A fund with a high net asset value, like FESIX with $93.7 million, tends to have a more diversified portfolio. In contrast, a fund with a lower net asset value, like Category Low with $2.26 million, may be more concentrated.

The number of holdings in a fund also affects concentration. FESIX has 155 holdings, while Category Low has only 22. This significant difference in the number of holdings can impact the overall diversification of a portfolio.

A fund's weighting of its top 10 holdings can also indicate concentration. FESIX has a 44.34% weighting of its top 10 holdings, while Category Low has a 15.5% weighting. This suggests that FESIX is more concentrated in its top holdings.

Here's a comparison of the concentration of FESIX and Category Low in terms of net assets and number of holdings:

A fund's concentration can impact its overall performance and risk. By examining these factors, investors can gain a better understanding of a fund's composition and make more informed decisions.

Fidelity Real Estate Index Funds distribute capital gains annually, just like FESIX and Category Low. This means you can expect to receive your capital gains distributions on a regular schedule.

The frequency of capital gain distributions for these funds is consistent, with all three options distributing capital gains every year. This is a key factor to consider when investing in Fidelity Real Estate Index Funds.

Here's a summary of the capital gain distribution frequency for the funds mentioned:

This consistent distribution schedule can help you plan and budget for your investments.

Comparisons are key when it comes to evaluating investments. Fidelity Real Estate Index Fund (FSRNX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX) have comparable risk-adjusted performance metrics, with FSRNX having a current Sharpe Ratio of 0.84, the same as VGSLX.

Both funds have performed relatively well under varying market conditions, but FSRNX has a smaller maximum drawdown of -44.26% compared to VGSLX's -74.07%.

When comparing drawdowns, FSRNX has a maximum drawdown of -44.26% since its inception.

The FSRNX drawdown is significantly smaller than VGSLX's maximum drawdown of -74.07%.

You can use the drawdown chart to compare losses from any high point for FSRNX and VGSLX.

For a more detailed comparison, visit the drawdowns tool for additional features.

When comparing investment options, it's essential to look beyond the surface level and evaluate their risk-adjusted performance. Fidelity Real Estate Index Fund (FSRNX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX) are two popular options that have undergone a risk-adjusted performance comparison.

FSRNX and VGSLX have been compared using risk-adjusted metrics, which provide a more accurate assessment of their performance. This comparison is presented in the form of a table, allowing for a clear and concise evaluation of their returns in relation to their risk.

Risk-adjusted metrics are a crucial aspect of evaluating investment performance, as they help investors understand the relationship between returns and risk. By looking at these metrics, investors can make more informed decisions about their investments.

FSRNX and VGSLX have been compared using various risk-adjusted metrics, including Sharpe ratio and Sortino ratio. These metrics provide a more comprehensive picture of their performance and help investors identify the best option for their needs.

Investors should consider multiple factors when evaluating investment options, including risk-adjusted performance metrics. By doing so, they can make more informed decisions and achieve their investment goals.