CLOE vs. FXAIX
Compare and contrast key facts about Clover Leaf Capital Corp. (CLOE) 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: CLOE or FXAIX.
Correlation
The correlation between CLOE and FXAIX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CLOE vs. FXAIX - Performance Comparison
Key characteristics
CLOE:
0.10
FXAIX:
1.87
CLOE:
0.45
FXAIX:
2.52
CLOE:
1.12
FXAIX:
1.34
CLOE:
0.15
FXAIX:
2.83
CLOE:
0.55
FXAIX:
11.72
CLOE:
7.08%
FXAIX:
2.04%
CLOE:
39.62%
FXAIX:
12.76%
CLOE:
-26.47%
FXAIX:
-33.79%
CLOE:
-9.31%
FXAIX:
-0.42%
Returns By Period
In the year-to-date period, CLOE achieves a -0.16% return, which is significantly lower than FXAIX's 4.19% return.
CLOE
-0.16%
0.00%
4.79%
5.05%
N/A
N/A
FXAIX
4.19%
1.25%
10.54%
24.46%
14.70%
13.09%
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Risk-Adjusted Performance
CLOE vs. FXAIX — Risk-Adjusted Performance Rank
CLOE
FXAIX
CLOE vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clover Leaf Capital Corp. (CLOE) 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.
Dividends
CLOE vs. FXAIX - Dividend Comparison
CLOE's dividend yield for the trailing twelve months is around 99.84%, more than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLOE Clover Leaf Capital Corp. | 99.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
CLOE vs. FXAIX - Drawdown Comparison
The maximum CLOE drawdown since its inception was -26.47%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for CLOE and FXAIX. For additional features, visit the drawdowns tool.
Volatility
CLOE vs. FXAIX - Volatility Comparison
The current volatility for Clover Leaf Capital Corp. (CLOE) is 0.00%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 2.95%. This indicates that CLOE experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.