PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AKREX vs. FSKAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AKREXFSKAX
YTD Return11.49%16.81%
1Y Return22.36%23.28%
3Y Return (Ann)5.27%9.03%
5Y Return (Ann)11.67%14.48%
10Y Return (Ann)13.56%12.38%
Sharpe Ratio1.652.08
Daily Std Dev13.92%11.65%
Max Drawdown-31.93%-35.01%
Current Drawdown0.00%-1.42%

Correlation

-0.50.00.51.00.9

The correlation between AKREX and FSKAX is 0.88, 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

AKREX vs. FSKAX - Performance Comparison

In the year-to-date period, AKREX achieves a 11.49% return, which is significantly lower than FSKAX's 16.81% return. Over the past 10 years, AKREX has outperformed FSKAX with an annualized return of 13.56%, while FSKAX has yielded a comparatively lower 12.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


400.00%450.00%500.00%550.00%FebruaryMarchAprilMayJuneJuly
563.42%
466.39%
AKREX
FSKAX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Akre Focus Fund Retail Class

Fidelity Total Market Index Fund

AKREX vs. FSKAX - Expense Ratio Comparison

AKREX has a 1.30% expense ratio, which is higher than FSKAX's 0.02% expense ratio.


AKREX
Akre Focus Fund Retail Class
Expense ratio chart for AKREX: current value at 1.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.30%
Expense ratio chart for FSKAX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

AKREX vs. FSKAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Akre Focus Fund Retail Class (AKREX) and Fidelity Total Market Index Fund (FSKAX). 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.


AKREX
Sharpe ratio
The chart of Sharpe ratio for AKREX, currently valued at 1.65, compared to the broader market-1.000.001.002.003.004.005.001.65
Sortino ratio
The chart of Sortino ratio for AKREX, currently valued at 2.26, compared to the broader market0.005.0010.002.26
Omega ratio
The chart of Omega ratio for AKREX, currently valued at 1.30, compared to the broader market1.002.003.004.001.30
Calmar ratio
The chart of Calmar ratio for AKREX, currently valued at 1.12, compared to the broader market0.005.0010.0015.0020.001.12
Martin ratio
The chart of Martin ratio for AKREX, currently valued at 6.29, compared to the broader market0.0020.0040.0060.0080.00100.006.29
FSKAX
Sharpe ratio
The chart of Sharpe ratio for FSKAX, currently valued at 2.08, compared to the broader market-1.000.001.002.003.004.005.002.08
Sortino ratio
The chart of Sortino ratio for FSKAX, currently valued at 2.92, compared to the broader market0.005.0010.002.92
Omega ratio
The chart of Omega ratio for FSKAX, currently valued at 1.37, compared to the broader market1.002.003.004.001.37
Calmar ratio
The chart of Calmar ratio for FSKAX, currently valued at 1.72, compared to the broader market0.005.0010.0015.0020.001.72
Martin ratio
The chart of Martin ratio for FSKAX, currently valued at 7.54, compared to the broader market0.0020.0040.0060.0080.00100.007.54

AKREX vs. FSKAX - Sharpe Ratio Comparison

The current AKREX Sharpe Ratio is 1.65, which roughly equals the FSKAX Sharpe Ratio of 2.08. The chart below compares the 12-month rolling Sharpe Ratio of AKREX and FSKAX.


Rolling 12-month Sharpe Ratio1.502.002.503.00FebruaryMarchAprilMayJuneJuly
1.65
2.08
AKREX
FSKAX

Dividends

AKREX vs. FSKAX - Dividend Comparison

AKREX's dividend yield for the trailing twelve months is around 3.20%, more than FSKAX's 1.24% yield.


TTM20232022202120202019201820172016201520142013
AKREX
Akre Focus Fund Retail Class
3.20%3.56%6.73%3.65%0.00%2.99%0.55%0.62%0.18%0.00%2.07%1.94%
FSKAX
Fidelity Total Market Index Fund
1.24%1.41%1.62%1.15%1.45%1.94%2.54%2.33%2.43%2.49%1.63%1.54%

Drawdowns

AKREX vs. FSKAX - Drawdown Comparison

The maximum AKREX drawdown since its inception was -31.93%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for AKREX and FSKAX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%FebruaryMarchAprilMayJuneJuly0
-1.42%
AKREX
FSKAX

Volatility

AKREX vs. FSKAX - Volatility Comparison

Akre Focus Fund Retail Class (AKREX) and Fidelity Total Market Index Fund (FSKAX) have volatilities of 2.55% and 2.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%FebruaryMarchAprilMayJuneJuly
2.55%
2.47%
AKREX
FSKAX