AXTA vs. FXAIX
Compare and contrast key facts about Axalta Coating Systems Ltd. (AXTA) 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: AXTA or FXAIX.
Key characteristics
AXTA | FXAIX | |
---|---|---|
YTD Return | 0.91% | 10.42% |
1Y Return | 19.44% | 34.26% |
3Y Return (Ann) | 4.88% | 11.44% |
5Y Return (Ann) | 6.35% | 15.06% |
Sharpe Ratio | 0.82 | 2.92 |
Daily Std Dev | 25.10% | 11.66% |
Max Drawdown | -63.60% | -33.79% |
Current Drawdown | -8.71% | 0.00% |
Correlation
The correlation between AXTA and FXAIX 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.
Performance
AXTA vs. FXAIX - Performance Comparison
In the year-to-date period, AXTA achieves a 0.91% return, which is significantly lower than FXAIX's 10.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
AXTA vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Axalta Coating Systems Ltd. (AXTA) 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Axalta Coating Systems Ltd. | 0.82 | ||||
Fidelity 500 Index Fund | 2.92 |
Dividends
AXTA vs. FXAIX - Dividend Comparison
AXTA has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.31%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Axalta Coating Systems Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fidelity 500 Index Fund | 1.31% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
AXTA vs. FXAIX - Drawdown Comparison
The maximum AXTA drawdown since its inception was -63.60%, which is greater than FXAIX's maximum drawdown of -33.79%. The drawdown chart below compares losses from any high point along the way for AXTA and FXAIX
Volatility
AXTA vs. FXAIX - Volatility Comparison
Axalta Coating Systems Ltd. (AXTA) has a higher volatility of 4.40% compared to Fidelity 500 Index Fund (FXAIX) at 2.82%. This indicates that AXTA'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.