AXBAX vs. FZROX
Compare and contrast key facts about Columbia Capital Allocation Aggressive Portfolio (AXBAX) and Fidelity ZERO Total Market Index Fund (FZROX).
AXBAX is managed by Columbia Threadneedle. It was launched on Mar 3, 2004. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AXBAX or FZROX.
Key characteristics
| AXBAX | FZROX | |
|---|---|---|
| YTD Return | 6.93% | 9.27% |
| 1Y Return | 20.13% | 28.56% |
| 3Y Return (Ann) | 3.31% | 8.14% |
| 5Y Return (Ann) | 8.78% | 14.10% |
| Sharpe Ratio | 2.00 | 2.38 |
| Daily Std Dev | 9.85% | 11.94% |
| Max Drawdown | -56.66% | -34.96% |
| Current Drawdown | -0.16% | -0.77% |
Correlation
The correlation between AXBAX and FZROX is 0.98, 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
AXBAX vs. FZROX - Performance Comparison
In the year-to-date period, AXBAX achieves a 6.93% return, which is significantly lower than FZROX's 9.27% 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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AXBAX vs. FZROX - Expense Ratio Comparison
AXBAX has a 0.39% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Risk-Adjusted Performance
AXBAX vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Capital Allocation Aggressive Portfolio (AXBAX) and Fidelity ZERO Total Market Index Fund (FZROX). 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
AXBAX vs. FZROX - Dividend Comparison
AXBAX's dividend yield for the trailing twelve months is around 5.08%, more than FZROX's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXBAX Columbia Capital Allocation Aggressive Portfolio | 5.08% | 5.43% | 7.50% | 13.35% | 5.91% | 7.55% | 10.70% | 7.46% | 4.96% | 8.91% | 9.91% | 1.81% |
FZROX Fidelity ZERO Total Market Index Fund | 1.24% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AXBAX vs. FZROX - Drawdown Comparison
The maximum AXBAX drawdown since its inception was -56.66%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for AXBAX and FZROX. For additional features, visit the drawdowns tool.
Volatility
AXBAX vs. FZROX - Volatility Comparison
The current volatility for Columbia Capital Allocation Aggressive Portfolio (AXBAX) is 3.19%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 3.65%. This indicates that AXBAX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.