APAM vs. ONEQ
Compare and contrast key facts about Artisan Partners Asset Management Inc. (APAM) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ).
ONEQ is a passively managed fund by Fidelity that tracks the performance of the NASDAQ Composite Index. It was launched on Sep 25, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APAM or ONEQ.
Performance
APAM vs. ONEQ - Performance Comparison
Returns By Period
In the year-to-date period, APAM achieves a 16.17% return, which is significantly lower than ONEQ's 27.14% return. Over the past 10 years, APAM has underperformed ONEQ with an annualized return of 8.54%, while ONEQ has yielded a comparatively higher 16.04% annualized return.
APAM
16.17%
11.59%
9.66%
38.86%
19.34%
8.54%
ONEQ
27.14%
4.10%
12.77%
33.93%
18.54%
16.04%
Key characteristics
| APAM | ONEQ | |
|---|---|---|
| Sharpe Ratio | 1.29 | 1.96 |
| Sortino Ratio | 1.90 | 2.57 |
| Omega Ratio | 1.22 | 1.35 |
| Calmar Ratio | 2.13 | 2.56 |
| Martin Ratio | 5.23 | 9.72 |
| Ulcer Index | 7.32% | 3.49% |
| Daily Std Dev | 29.60% | 17.31% |
| Max Drawdown | -59.70% | -55.09% |
| Current Drawdown | -1.30% | -1.55% |
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Correlation
The correlation between APAM and ONEQ is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
APAM vs. ONEQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Artisan Partners Asset Management Inc. (APAM) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ). 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
APAM vs. ONEQ - Dividend Comparison
APAM's dividend yield for the trailing twelve months is around 6.62%, more than ONEQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APAM Artisan Partners Asset Management Inc. | 6.62% | 6.02% | 12.36% | 8.88% | 6.73% | 10.49% | 14.43% | 6.99% | 9.41% | 9.29% | 7.58% | 1.32% |
ONEQ Fidelity NASDAQ Composite Index Tracking Stock | 0.61% | 0.71% | 0.97% | 0.54% | 0.71% | 1.64% | 1.08% | 0.84% | 1.12% | 1.04% | 1.19% | 0.84% |
Drawdowns
APAM vs. ONEQ - Drawdown Comparison
The maximum APAM drawdown since its inception was -59.70%, which is greater than ONEQ's maximum drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for APAM and ONEQ. For additional features, visit the drawdowns tool.
Volatility
APAM vs. ONEQ - Volatility Comparison
Artisan Partners Asset Management Inc. (APAM) has a higher volatility of 11.22% compared to Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) at 5.71%. This indicates that APAM's price experiences larger fluctuations and is considered to be riskier than ONEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.