FRESX Performance — Fidelity Real Estate Investment Portfolio
Data updated: 2026-10-13
FRESX returned +15.63% year to date and +16.14% over one year to Jul 2026. Annualised returns are +9.73% over 3 years and +3.21% over 5 years. Against its Real Estate category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $132, against $132 for the category, and to $116 over one year, against $118. Volatility over the past three years was 16.24% a year. In the 12 months to Jul 2026 the fund lost a net $100.7M, and assets reached $3.41B.
FRESX Growth of $100
What $100 invested in Fidelity Real Estate Investment Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Real Estate category average over the same months.
| Period | FRESX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $116 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $132 | $132 |
| 5 years (Aug 2021 – Jul 2026) | $117 | $117 |
| Since data start (Aug 2019 – Jul 2026) | $145 | $152 |
FRESX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.63% |
| 1 year | +16.14% |
| 3 years (annualised) | +9.73% |
| 5 years (annualised) | +3.21% |
FRESX Annual Returns
Calendar-year total returns of Fidelity Real Estate Investment Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.63% |
| 2025 | +2.50% |
| 2024 | +5.80% |
| 2023 | +10.88% |
| 2022 | −24.29% |
| 2021 | +42.36% |
| 2020 | −7.92% |
| 2019 (Aug–Dec) | +4.73% |
FRESX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.3% | +6.4% | −6.0% | +8.6% | −0.9% | +1.5% | +2.5% | — | — | — | — | — |
| 2025 | +1.6% | +4.6% | −2.7% | −1.6% | +0.8% | 0.0% | −0.4% | +2.3% | −1.0% | −0.7% | +1.8% | −2.0% |
| 2024 | −4.8% | +1.6% | +1.3% | −8.3% | +5.7% | +2.5% | +7.4% | +5.9% | +2.9% | −3.4% | +3.9% | −7.7% |
| 2023 | +10.8% | −5.5% | −1.5% | +0.4% | −4.1% | +4.7% | +1.2% | −3.1% | −7.0% | −2.6% | +11.9% | +7.3% |
| 2022 | −8.3% | −4.2% | +7.2% | −3.0% | −3.8% | −7.4% | +8.1% | −5.8% | −12.3% | +2.5% | +7.4% | −5.3% |
| 2021 | −0.7% | +3.0% | +5.3% | +8.8% | +0.9% | +2.9% | +5.1% | +2.5% | −6.3% | +6.5% | −1.3% | +10.2% |
| 2020 | +1.7% | −8.1% | −17.9% | +7.3% | +1.0% | +1.9% | +5.8% | −0.8% | −2.7% | −3.2% | +6.6% | +3.2% |
| 2019 | — | — | — | — | — | — | — | +3.3% | +2.4% | +1.1% | −1.0% | −1.0% |
FRESX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.24%
- 3-year Sharpe ratio: 0.32 (vs 4.5% risk-free rate)
- Best month: +11.88% (Nov 2023)
- Worst month: −8.32% (Apr 2024)
FRESX Fund Flows
Monthly money in and out of Fidelity Real Estate Investment Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$100.7M
- 12-month gross sales (incl. reinvestments): $767.9M
- Sales ÷ redemptions: 0.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $121.7M | $44.3M | $77.4M |
| Jun 2026 | $46.7M | $42.8M | $3.9M |
| May 2026 | $32.5M | $58.5M | −$26.1M |
| Apr 2026 | $32.9M | $50.0M | −$17.2M |
| Mar 2026 | $42.6M | $49.1M | −$6.4M |
| Feb 2026 | $30.1M | $43.6M | −$13.6M |
| Jan 2026 | $184.9M | $70.9M | $114.0M |
| Dec 2025 | $60.9M | $104.7M | −$43.9M |
| Nov 2025 | $23.3M | $89.2M | −$65.9M |
| Oct 2025 | $26.6M | $156.7M | −$130.1M |
| Sep 2025 | $112.2M | $123.4M | −$11.2M |
| Aug 2025 | $53.6M | $35.2M | $18.4M |
FRESX Assets Under Management
Net assets of Fidelity Real Estate Investment Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $3.41B |
| 2026-04-30 | $3.27B |
| 2026-01-31 | $3.05B |
| 2025-10-31 | $2.96B |
| 2025-07-31 | $3.15B |
| 2025-04-30 | $3.17B |
| 2025-01-31 | $3.06B |
| 2024-10-31 | $3.22B |
| 2024-07-31 | $2.62B |
| 2024-04-30 | $2.34B |
| 2024-01-31 | $2.59B |
| 2023-10-31 | $2.39B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.