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BP vs. FXAIX

Last updated Jun 3, 2023

Compare and contrast key facts about BP p.l.c. (BP) 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: BP or FXAIX.

Key characteristics


BPFXAIX
YTD Return4.19%12.36%
1Y Return13.41%4.28%
5Y Return (Ann)0.54%11.31%
10Y Return (Ann)4.01%12.33%
Sharpe Ratio0.430.30
Daily Std Dev32.45%20.97%
Max Drawdown-69.45%-33.79%

Correlation

0.52
-1.001.00

The correlation between BP and FXAIX is 0.52, 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.

BP vs. FXAIX - Performance Comparison

In the year-to-date period, BP achieves a 4.19% return, which is significantly lower than FXAIX's 12.36% return. Over the past 10 years, BP has underperformed FXAIX with an annualized return of 4.01%, while FXAIX has yielded a comparatively higher 12.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%2023FebruaryMarchAprilMayJune
3.98%
8.00%
BP
FXAIX

Compare stocks, funds, or ETFs


BP p.l.c.

Fidelity 500 Index Fund

BP vs. FXAIX - Dividend Comparison

BP's dividend yield for the trailing twelve months is around 6.08%, more than FXAIX's 1.88% yield.


TTM20222021202020192018201720162015201420132012
BP
BP p.l.c.
6.08%4.02%5.15%10.32%7.88%8.24%7.77%9.32%12.02%10.22%7.88%8.75%
FXAIX
Fidelity 500 Index Fund
1.88%1.70%1.25%1.26%2.17%2.93%2.18%2.84%3.27%3.13%2.25%2.72%

BP vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. (BP) 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BP
BP p.l.c.
0.43
FXAIX
Fidelity 500 Index Fund
0.30

BP vs. FXAIX - Sharpe Ratio Comparison

The current BP Sharpe Ratio is 0.43, which is higher than the FXAIX Sharpe Ratio of 0.30. The chart below compares the 12-month rolling Sharpe Ratio of BP and FXAIX.


-1.00-0.500.000.501.001.502023FebruaryMarchAprilMayJune
0.43
0.30
BP
FXAIX

BP vs. FXAIX - Drawdown Comparison

The maximum BP drawdown for the period was -16.78%, roughly equal to the maximum FXAIX drawdown of -19.86%. The drawdown chart below compares losses from any high point along the way for BP and FXAIX


-20.00%-15.00%-10.00%-5.00%0.00%2023FebruaryMarchAprilMayJune
-11.99%
-8.60%
BP
FXAIX

BP vs. FXAIX - Volatility Comparison

BP p.l.c. (BP) has a higher volatility of 7.63% compared to Fidelity 500 Index Fund (FXAIX) at 3.77%. This indicates that BP'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.


2.00%4.00%6.00%8.00%10.00%12.00%2023FebruaryMarchAprilMayJune
7.63%
3.77%
BP
FXAIX