8PSG.DE vs. FXAIX
Compare and contrast key facts about Invesco Physical Gold A (8PSG.DE) and Fidelity 500 Index Fund (FXAIX).
8PSG.DE is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 8PSG.DE or FXAIX.
Key characteristics
| 8PSG.DE | FXAIX | |
|---|---|---|
| YTD Return | 31.09% | 26.96% |
| 1Y Return | 35.29% | 35.01% |
| 3Y Return (Ann) | 14.24% | 10.23% |
| 5Y Return (Ann) | 12.76% | 15.78% |
| 10Y Return (Ann) | 9.94% | 13.30% |
| Sharpe Ratio | 2.59 | 3.06 |
| Sortino Ratio | 3.45 | 4.07 |
| Omega Ratio | 1.46 | 1.58 |
| Calmar Ratio | 6.18 | 4.45 |
| Martin Ratio | 15.59 | 20.17 |
| Ulcer Index | 2.20% | 1.86% |
| Daily Std Dev | 13.23% | 12.27% |
| Max Drawdown | -36.96% | -33.79% |
| Current Drawdown | -4.46% | -0.25% |
Correlation
The correlation between 8PSG.DE and FXAIX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
8PSG.DE vs. FXAIX - Performance Comparison
In the year-to-date period, 8PSG.DE achieves a 31.09% return, which is significantly higher than FXAIX's 26.96% return. Over the past 10 years, 8PSG.DE has underperformed FXAIX with an annualized return of 9.94%, while FXAIX has yielded a comparatively higher 13.30% 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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8PSG.DE vs. FXAIX - Expense Ratio Comparison
8PSG.DE has a 0.12% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
8PSG.DE vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold A (8PSG.DE) 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
8PSG.DE vs. FXAIX - Dividend Comparison
8PSG.DE has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
8PSG.DE Invesco Physical Gold A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
8PSG.DE vs. FXAIX - Drawdown Comparison
The maximum 8PSG.DE drawdown since its inception was -36.96%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for 8PSG.DE and FXAIX. For additional features, visit the drawdowns tool.
Volatility
8PSG.DE vs. FXAIX - Volatility Comparison
Invesco Physical Gold A (8PSG.DE) has a higher volatility of 4.75% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. This indicates that 8PSG.DE'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.