CIVI vs. FZROX
Compare and contrast key facts about Civitas Resources, Inc. (CIVI) and Fidelity ZERO Total Market Index Fund (FZROX).
FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIVI or FZROX.
Performance
CIVI vs. FZROX - Performance Comparison
Returns By Period
In the year-to-date period, CIVI achieves a -20.36% return, which is significantly lower than FZROX's 26.41% return.
CIVI
-20.36%
5.22%
-24.80%
-19.93%
29.40%
-34.28%
FZROX
26.41%
4.01%
14.00%
33.79%
15.33%
N/A
Key characteristics
| CIVI | FZROX | |
|---|---|---|
| Sharpe Ratio | -0.64 | 2.69 |
| Sortino Ratio | -0.73 | 3.57 |
| Omega Ratio | 0.91 | 1.49 |
| Calmar Ratio | -0.20 | 3.94 |
| Martin Ratio | -1.13 | 17.13 |
| Ulcer Index | 17.60% | 1.97% |
| Daily Std Dev | 30.93% | 12.58% |
| Max Drawdown | -99.87% | -34.96% |
| Current Drawdown | -99.10% | -0.28% |
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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.
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.
Dividends
CIVI vs. FZROX - Dividend Comparison
CIVI's dividend yield for the trailing twelve months is around 4.73%, more than FZROX's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
CIVI Civitas Resources, Inc. | 4.73% | 5.64% | 6.34% | 2.37% | 0.00% | 0.00% | 0.00% |
FZROX Fidelity ZERO Total Market Index Fund | 1.08% | 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.
Volatility
CIVI vs. FZROX - Volatility Comparison
Civitas Resources, Inc. (CIVI) has a higher volatility of 9.62% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.19%. 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.