DFEQX vs. FXAIX
Compare and contrast key facts about DFA Short-Term Extended Quality Portfolio (DFEQX) and Fidelity 500 Index Fund (FXAIX).
DFEQX is managed by Dimensional Fund Advisors LP. It was launched on Mar 4, 2009. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFEQX or FXAIX.
Key characteristics
| DFEQX | FXAIX | |
|---|---|---|
| YTD Return | 2.01% | 10.55% |
| 1Y Return | 5.26% | 28.81% |
| 3Y Return (Ann) | 0.42% | 9.63% |
| 5Y Return (Ann) | 1.17% | 14.68% |
| 10Y Return (Ann) | 1.50% | 12.98% |
| Sharpe Ratio | 4.84 | 2.52 |
| Daily Std Dev | 1.07% | 11.57% |
| Max Drawdown | -8.40% | -33.79% |
| Current Drawdown | -0.00% | 0.00% |
Correlation
The correlation between DFEQX and FXAIX is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
DFEQX vs. FXAIX - Performance Comparison
In the year-to-date period, DFEQX achieves a 2.01% return, which is significantly lower than FXAIX's 10.55% return. Over the past 10 years, DFEQX has underperformed FXAIX with an annualized return of 1.50%, while FXAIX has yielded a comparatively higher 12.98% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFEQX vs. FXAIX - Expense Ratio Comparison
DFEQX has a 0.19% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFEQX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Short-Term Extended Quality Portfolio (DFEQX) 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
DFEQX vs. FXAIX - Dividend Comparison
DFEQX's dividend yield for the trailing twelve months is around 4.02%, more than FXAIX's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFEQX DFA Short-Term Extended Quality Portfolio | 4.02% | 3.34% | 1.78% | 1.05% | 0.47% | 2.18% | 3.14% | 1.96% | 1.78% | 1.72% | 1.58% | 1.61% |
FXAIX Fidelity 500 Index Fund | 1.32% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
DFEQX vs. FXAIX - Drawdown Comparison
The maximum DFEQX drawdown since its inception was -8.40%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for DFEQX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
DFEQX vs. FXAIX - Volatility Comparison
The current volatility for DFA Short-Term Extended Quality Portfolio (DFEQX) is 0.52%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.34%. This indicates that DFEQX 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.