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CIVI vs. FZROX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CIVI and FZROX is 0.41, 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.


-0.50.00.51.00.4

Performance

CIVI vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Civitas Resources, Inc. (CIVI) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-37.08%
10.19%
CIVI
FZROX

Key characteristics

Sharpe Ratio

CIVI:

-1.14

FZROX:

2.10

Sortino Ratio

CIVI:

-1.58

FZROX:

2.79

Omega Ratio

CIVI:

0.81

FZROX:

1.39

Calmar Ratio

CIVI:

-0.36

FZROX:

3.15

Martin Ratio

CIVI:

-1.75

FZROX:

13.39

Ulcer Index

CIVI:

20.33%

FZROX:

2.02%

Daily Std Dev

CIVI:

31.27%

FZROX:

12.88%

Max Drawdown

CIVI:

-99.87%

FZROX:

-34.96%

Current Drawdown

CIVI:

-99.25%

FZROX:

-3.08%

Returns By Period

In the year-to-date period, CIVI achieves a -34.73% return, which is significantly lower than FZROX's 24.97% return.


CIVI

YTD

-34.73%

1M

-16.14%

6M

-34.91%

1Y

-36.16%

5Y*

17.91%

10Y*

-32.65%

FZROX

YTD

24.97%

1M

0.05%

6M

9.96%

1Y

25.61%

5Y*

14.18%

10Y*

N/A

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Risk-Adjusted Performance

CIVI vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Civitas Resources, Inc. (CIVI) 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.


Sharpe ratio
The chart of Sharpe ratio for CIVI, currently valued at -1.14, compared to the broader market-4.00-2.000.002.00-1.142.10
The chart of Sortino ratio for CIVI, currently valued at -1.58, compared to the broader market-4.00-2.000.002.004.00-1.582.79
The chart of Omega ratio for CIVI, currently valued at 0.81, compared to the broader market0.501.001.502.000.811.39
The chart of Calmar ratio for CIVI, currently valued at -0.76, compared to the broader market0.002.004.006.00-0.763.15
The chart of Martin ratio for CIVI, currently valued at -1.75, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.7513.39
CIVI
FZROX

The current CIVI Sharpe Ratio is -1.14, which is lower than the FZROX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of CIVI and FZROX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-1.14
2.10
CIVI
FZROX

Dividends

CIVI vs. FZROX - Dividend Comparison

CIVI's dividend yield for the trailing twelve months is around 5.84%, more than FZROX's 1.17% yield.


TTM202320222021202020192018
CIVI
Civitas Resources, Inc.
5.84%5.64%7.14%2.37%0.00%0.00%0.00%
FZROX
Fidelity ZERO Total Market Index Fund
1.17%1.36%1.57%1.08%1.27%1.45%0.63%

Drawdowns

CIVI vs. FZROX - Drawdown Comparison

The maximum CIVI drawdown since its inception was -99.87%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for CIVI and FZROX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-46.46%
-3.08%
CIVI
FZROX

Volatility

CIVI vs. FZROX - Volatility Comparison

Civitas Resources, Inc. (CIVI) has a higher volatility of 9.65% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.03%. This indicates that CIVI's price experiences larger fluctuations and is considered to be riskier than FZROX 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%14.00%JulyAugustSeptemberOctoberNovemberDecember
9.65%
4.03%
CIVI
FZROX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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