FSEC vs REET

Comparison between FIDELITY INVESTMENT GRADE SECURITIZED ETF (FSEC, ETF) and ISHARES GLOBAL REIT ETF (REET, ETF).

5-Year PerformanceREET has outperformed FSEC, delivering a return of +3.3% compared to +0.5%

FSEC vs REET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FSEC(ETF)	REET(ETF)
Net Assets	$4.40B	$4.40B
Expense Ratio	0.36%	0.14%
Max Drawdown	22.11%	44.61%
Sharpe Ratio	0.56	1.00
5Y Beta	0.01	0.53
P/E Ratio	N/A	33.80
Forward P/E	N/A	40.83
5Y Dividends CAGR	100.12%	10.55%
5Y EPS CAGR	N/A	10.59%
Debt to Equity	N/A	46.93%
P/S Ratio	N/A	8.40
P/B Ratio	N/A	2.57

Net Assets

FSEC

$4.40B

REET

$4.40B

Expense Ratio

FSEC

0.36%

Winner

REET

0.14%

Max Drawdown

Winner

FSEC

22.11%

REET

44.61%

Sharpe Ratio

FSEC

0.56

Winner

REET

1.00

5Y Beta

Winner

FSEC

0.01

REET

0.53

P/E Ratio

FSEC

N/A

REET

33.80

Forward P/E

FSEC

N/A

REET

40.83

5Y Dividends CAGR

Winner

FSEC

100.12%

REET

10.55%

5Y EPS CAGR

FSEC

N/A

REET

10.59%

Debt to Equity

FSEC

N/A

REET

46.93%

P/S Ratio

FSEC

N/A

REET

8.40

P/B Ratio

FSEC

N/A

REET

2.57

FSEC vs REET - Historical Returns

Returns include dividend reinvestment.

Period	FSEC	REET
1 month	+0.26%	+4.38%
3 months	+0.54%	+4.34%
6 months	+1.78%	+9.57%
1 year	+7.28%	+16.97%
5 years(CAGR)	+0.52%	+3.33%
10 years(CAGR)	N/A	+4.02%
Max(CAGR)	+0.51%	+4.66%

FSEC

+0.26%

Winner

REET

+4.38%

FSEC

+0.54%

Winner

REET

+4.34%

FSEC

+1.78%

Winner

REET

+9.57%

FSEC

+7.28%

Winner

REET

+16.97%

5Y(CAGR)

FSEC

+0.52%

Winner

REET

+3.33%

10Y(CAGR)

FSEC

N/A

REET

+4.02%

Max(CAGR)

FSEC

+0.51%

Winner

REET

+4.66%

FSEC vs REET - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	FSEC	REET
2026	+1.25%	+10.09%
2025	+8.06%	+8.74%
2024	+2.68%	+2.06%
2023	+4.77%	+10.56%
2022	-12.33%	-23.62%
2021	-0.50%	+36.24%
2020	N/A	-9.57%
2019	N/A	+25.90%
2018	N/A	-5.11%
2017	N/A	+7.49%
2016	N/A	+7.10%
2015	N/A	+0.19%
2014	N/A	+5.22%

FSEC vs REET Drawdown Comparison

The maximum drawdown for FSEC was -17.97%, occurring on Oct 24, 2022. Recovery took 1054 trading sessions.

The maximum drawdown for REET was -44.59%, occurring on Mar 23, 2020. Recovery took 325 trading sessions.

The current FSEC drawdown is -0.91%. The current REET drawdown is -0.62%.

Rank	FSEC	REET
#1	-17.97% Aug 3, 2021 - Oct 14, 2025	-44.59% Feb 14, 2020 - Jun 1, 2021
#2	-2.46% Feb 27, 2026 - Mar 26, 2026	-32.06% Dec 31, 2021 - Feb 13, 2026
#3	-1.23% Oct 14, 2025 - Jan 9, 2026	-15.78% Jan 26, 2015 - Apr 19, 2016
#4	-0.74% Apr 30, 2021 - Jul 19, 2021	-14.35% Jul 29, 2016 - Aug 3, 2018
#5	-0.63% Mar 4, 2021 - Apr 15, 2021	-10.88% Aug 29, 2018 - Jan 29, 2019
#6	-0.56% Jan 9, 2026 - Jan 27, 2026	-9.05% Feb 26, 2026 - Apr 17, 2026
#7	-0.38% Feb 13, 2026 - Feb 27, 2026	-7.38% Sep 3, 2021 - Nov 3, 2021
#8	-0.36% Jan 27, 2026 - Feb 5, 2026	-7.32% Sep 5, 2014 - Nov 3, 2014
#9	-0.29% Apr 22, 2021 - Apr 30, 2021	-5.26% May 10, 2016 - Jun 23, 2016
#10	-0.16% Feb 5, 2026 - Feb 10, 2026	-5.13% Oct 24, 2019 - Jan 21, 2020
#11	-0.13% Jul 20, 2021 - Jul 27, 2021	-5.13% Nov 24, 2021 - Dec 8, 2021
#12	-0.11% Feb 10, 2026 - Feb 12, 2026	-4.06% Jun 14, 2021 - Jul 12, 2021
#13	-0.04% Apr 15, 2021 - Apr 19, 2021	-4.00% Jul 10, 2019 - Sep 3, 2019
#14	-0.04% Jul 27, 2021 - Jul 29, 2021	-3.61% Jun 23, 2016 - Jun 29, 2016
#15	N/A	-3.47% Jul 23, 2014 - Aug 18, 2014

Correlation

Correlation between FSEC and REET is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2014 - 2026)

FSEC vs REET dividend yield comparison.

Year	FSEC	REET
2026	1.25%	0.47%
2025	4.22%	3.67%
2024	3.22%	3.64%
2023	3.41%	3.27%
2022	2.21%	2.43%
2021	0.96%	3.18%
2020	0.00%	2.65%
2019	0.00%	5.25%
2018	0.00%	5.73%
2017	0.00%	3.84%
2016	0.00%	5.37%
2015	0.00%	3.56%
2014	0.00%	1.71%