AVNW vs. FXAIX
Compare and contrast key facts about Aviat Networks, Inc. (AVNW) and Fidelity 500 Index Fund (FXAIX).
FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVNW or FXAIX.
Correlation
The correlation between AVNW and FXAIX is 0.33, 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
AVNW vs. FXAIX - Performance Comparison
Key characteristics
AVNW:
-0.75
FXAIX:
2.26
AVNW:
-0.84
FXAIX:
3.00
AVNW:
0.86
FXAIX:
1.42
AVNW:
-0.50
FXAIX:
3.35
AVNW:
-1.41
FXAIX:
14.77
AVNW:
31.78%
FXAIX:
1.92%
AVNW:
59.95%
FXAIX:
12.52%
AVNW:
-97.67%
FXAIX:
-33.79%
AVNW:
-86.47%
FXAIX:
-1.12%
Returns By Period
In the year-to-date period, AVNW achieves a -45.07% return, which is significantly lower than FXAIX's 27.89% return. Over the past 10 years, AVNW has underperformed FXAIX with an annualized return of 7.46%, while FXAIX has yielded a comparatively higher 13.03% annualized return.
AVNW
-45.07%
14.19%
-36.94%
-45.42%
20.56%
7.46%
FXAIX
27.89%
0.94%
10.77%
28.33%
15.02%
13.03%
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Risk-Adjusted Performance
AVNW vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aviat Networks, Inc. (AVNW) 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
AVNW vs. FXAIX - Dividend Comparison
AVNW has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVNW Aviat Networks, Inc. | 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 | 0.87% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
AVNW vs. FXAIX - Drawdown Comparison
The maximum AVNW drawdown since its inception was -97.67%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for AVNW and FXAIX. For additional features, visit the drawdowns tool.
Volatility
AVNW vs. FXAIX - Volatility Comparison
Aviat Networks, Inc. (AVNW) has a higher volatility of 11.74% compared to Fidelity 500 Index Fund (FXAIX) at 3.87%. This indicates that AVNW'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.