ATLAX vs. FXAIX
Compare and contrast key facts about Atlas U.S. Tactical Income Fund (ATLAX) and Fidelity 500 Index Fund (FXAIX).
ATLAX is managed by Voya. It was launched on Sep 29, 2015. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATLAX or FXAIX.
Key characteristics
| ATLAX | FXAIX | |
|---|---|---|
| YTD Return | 0.89% | 10.55% |
| 1Y Return | 8.84% | 28.81% |
| 3Y Return (Ann) | -3.24% | 9.63% |
| Sharpe Ratio | 0.83 | 2.52 |
| Daily Std Dev | 10.53% | 11.57% |
| Max Drawdown | -26.51% | -33.79% |
| Current Drawdown | -11.69% | 0.00% |
Correlation
The correlation between ATLAX and FXAIX is 0.65, 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.
Performance
ATLAX vs. FXAIX - Performance Comparison
In the year-to-date period, ATLAX achieves a 0.89% return, which is significantly lower than FXAIX's 10.55% 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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ATLAX vs. FXAIX - Expense Ratio Comparison
ATLAX has a 1.18% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
ATLAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlas U.S. Tactical Income Fund (ATLAX) 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
ATLAX vs. FXAIX - Dividend Comparison
ATLAX's dividend yield for the trailing twelve months is around 4.58%, more than FXAIX's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATLAX Atlas U.S. Tactical Income Fund | 4.58% | 4.57% | 5.27% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.32% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
ATLAX vs. FXAIX - Drawdown Comparison
The maximum ATLAX drawdown since its inception was -26.51%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for ATLAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
ATLAX vs. FXAIX - Volatility Comparison
The current volatility for Atlas U.S. Tactical Income Fund (ATLAX) is 2.23%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.36%. This indicates that ATLAX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.