PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
DNLAX vs. FFGCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DNLAX and FFGCX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

DNLAX vs. FFGCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Natural Resources Fund Class A (DNLAX) and Fidelity Global Commodity Stock Fund (FFGCX). The values are adjusted to include any dividend payments, if applicable.

140.00%160.00%180.00%200.00%220.00%240.00%260.00%JulyAugustSeptemberOctoberNovemberDecember
196.04%
148.29%
DNLAX
FFGCX

Key characteristics

Sharpe Ratio

DNLAX:

-0.34

FFGCX:

0.04

Sortino Ratio

DNLAX:

-0.31

FFGCX:

0.16

Omega Ratio

DNLAX:

0.96

FFGCX:

1.02

Calmar Ratio

DNLAX:

-0.22

FFGCX:

0.03

Martin Ratio

DNLAX:

-1.01

FFGCX:

0.11

Ulcer Index

DNLAX:

6.84%

FFGCX:

5.51%

Daily Std Dev

DNLAX:

20.31%

FFGCX:

16.38%

Max Drawdown

DNLAX:

-69.14%

FFGCX:

-55.11%

Current Drawdown

DNLAX:

-30.20%

FFGCX:

-17.78%

Returns By Period

In the year-to-date period, DNLAX achieves a -8.25% return, which is significantly lower than FFGCX's -1.34% return. Over the past 10 years, DNLAX has underperformed FFGCX with an annualized return of 4.52%, while FFGCX has yielded a comparatively higher 5.44% annualized return.


DNLAX

YTD

-8.25%

1M

-16.62%

6M

-14.16%

1Y

-8.33%

5Y*

8.25%

10Y*

4.52%

FFGCX

YTD

-1.34%

1M

-9.31%

6M

-6.67%

1Y

-0.96%

5Y*

8.87%

10Y*

5.44%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DNLAX vs. FFGCX - Expense Ratio Comparison

DNLAX has a 1.14% expense ratio, which is higher than FFGCX's 0.94% expense ratio.


DNLAX
BNY Mellon Natural Resources Fund Class A
Expense ratio chart for DNLAX: current value at 1.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.14%
Expense ratio chart for FFGCX: current value at 0.94% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.94%

Risk-Adjusted Performance

DNLAX vs. FFGCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Natural Resources Fund Class A (DNLAX) and Fidelity Global Commodity Stock Fund (FFGCX). 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 DNLAX, currently valued at -0.34, compared to the broader market-1.000.001.002.003.004.00-0.340.04
The chart of Sortino ratio for DNLAX, currently valued at -0.31, compared to the broader market-2.000.002.004.006.008.0010.00-0.310.16
The chart of Omega ratio for DNLAX, currently valued at 0.96, compared to the broader market0.501.001.502.002.503.003.500.961.02
The chart of Calmar ratio for DNLAX, currently valued at -0.22, compared to the broader market0.002.004.006.008.0010.0012.0014.00-0.220.03
The chart of Martin ratio for DNLAX, currently valued at -1.01, compared to the broader market0.0020.0040.0060.00-1.010.11
DNLAX
FFGCX

The current DNLAX Sharpe Ratio is -0.34, which is lower than the FFGCX Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of DNLAX and FFGCX, 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-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.34
0.04
DNLAX
FFGCX

Dividends

DNLAX vs. FFGCX - Dividend Comparison

Neither DNLAX nor FFGCX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
DNLAX
BNY Mellon Natural Resources Fund Class A
0.00%2.32%1.35%1.19%0.91%1.95%1.53%0.40%1.26%0.98%0.74%0.00%
FFGCX
Fidelity Global Commodity Stock Fund
0.00%2.01%1.84%3.39%1.61%2.98%2.06%0.99%0.93%2.86%3.07%2.75%

Drawdowns

DNLAX vs. FFGCX - Drawdown Comparison

The maximum DNLAX drawdown since its inception was -69.14%, which is greater than FFGCX's maximum drawdown of -55.11%. Use the drawdown chart below to compare losses from any high point for DNLAX and FFGCX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-30.20%
-17.78%
DNLAX
FFGCX

Volatility

DNLAX vs. FFGCX - Volatility Comparison

BNY Mellon Natural Resources Fund Class A (DNLAX) has a higher volatility of 9.57% compared to Fidelity Global Commodity Stock Fund (FFGCX) at 5.98%. This indicates that DNLAX's price experiences larger fluctuations and is considered to be riskier than FFGCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
9.57%
5.98%
DNLAX
FFGCX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab