ADEIX vs. FSPGX
Compare and contrast key facts about Ancora Dividend Value Equity Fund (ADEIX) and Fidelity Large Cap Growth Index Fund (FSPGX).
ADEIX is managed by Ancora. It was launched on May 7, 2019. FSPGX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADEIX or FSPGX.
Key characteristics
| ADEIX | FSPGX | |
|---|---|---|
| YTD Return | 11.31% | 20.07% |
| 1Y Return | 19.39% | 30.67% |
| 3Y Return (Ann) | 6.73% | 8.84% |
| 5Y Return (Ann) | 11.47% | 18.92% |
| Sharpe Ratio | 1.94 | 1.99 |
| Daily Std Dev | 10.57% | 16.67% |
| Max Drawdown | -34.73% | -32.66% |
| Current Drawdown | -0.60% | -5.19% |
Correlation
The correlation between ADEIX and FSPGX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ADEIX vs. FSPGX - Performance Comparison
In the year-to-date period, ADEIX achieves a 11.31% return, which is significantly lower than FSPGX's 20.07% 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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ADEIX vs. FSPGX - Expense Ratio Comparison
ADEIX has a 1.21% expense ratio, which is higher than FSPGX's 0.04% expense ratio.
Risk-Adjusted Performance
ADEIX vs. FSPGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ancora Dividend Value Equity Fund (ADEIX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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
ADEIX vs. FSPGX - Dividend Comparison
ADEIX's dividend yield for the trailing twelve months is around 1.17%, more than FSPGX's 0.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ADEIX Ancora Dividend Value Equity Fund | 1.17% | 1.30% | 1.42% | 1.06% | 1.23% | 0.79% | 0.00% | 0.00% | 0.00% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.46% | 0.73% | 0.86% | 2.22% | 1.76% | 1.04% | 1.47% | 1.22% | 0.29% |
Drawdowns
ADEIX vs. FSPGX - Drawdown Comparison
The maximum ADEIX drawdown since its inception was -34.73%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for ADEIX and FSPGX. For additional features, visit the drawdowns tool.
Volatility
ADEIX vs. FSPGX - Volatility Comparison
The current volatility for Ancora Dividend Value Equity Fund (ADEIX) is 4.37%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 7.65%. This indicates that ADEIX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.