DURA vs. FXAIX

Last updated Jun 23, 2026

DURA (VanEck Vectors Morningstar Durable Dividend ETF) and FXAIX (Fidelity 500 Index Fund) are both funds - DURA is a Large Cap Blend Equities fund tracking the Morningstar US Dividend Valuation Index, while FXAIX is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, DURA returned 7.63%/yr vs 14.10%/yr for FXAIX. A 0.67 correlation means they provide meaningful diversification when combined. DURA charges 0.29%/yr vs 0.02%/yr for FXAIX.

Performance

DURA vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Morningstar Durable Dividend ETF (DURA) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DURA achieves a 11.77% return, which is significantly higher than FXAIX's 10.19% return.

DURA

• 1D: 0.38%
• 1M: -3.17%
• YTD: 11.77%
• 6M: 11.63%
• 1Y: 20.33%
• 3Y*: 10.10%
• 5Y*: 7.63%
• 10Y*: —

FXAIX

• 1D: 1.09%
• 1M: 0.47%
• YTD: 10.19%
• 6M: 9.68%
• 1Y: 27.18%
• 3Y*: 20.98%
• 5Y*: 14.10%
• 10Y*: 15.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DURA vs. FXAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DURA VanEck Vectors Morningstar Durable Dividend ETF	11.77%	7.61%	8.51%	0.82%	2.41%	15.53%	0.04%	27.55%	-3.77%
FXAIX Fidelity 500 Index Fund	10.19%	17.84%	25.01%	26.29%	-18.14%	28.71%	18.42%	31.48%	-6.19%

Correlation

The correlation between DURA and FXAIX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Oct 31, 2018	0.67

Over the past year, the correlation between DURA and FXAIX has dropped to 0.24 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

Return for Risk

DURA vs. FXAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DURA

DURA Risk / Return Rank: 48
DURA Sharpe Ratio Rank: 40
DURA Sortino Ratio Rank: 42
DURA Omega Ratio Rank: 50
DURA Calmar Ratio Rank: 50
DURA Martin Ratio Rank: 57

FXAIX

FXAIX Risk / Return Rank: 66
FXAIX Sharpe Ratio Rank: 64
FXAIX Sortino Ratio Rank: 59
FXAIX Omega Ratio Rank: 61
FXAIX Calmar Ratio Rank: 68
FXAIX Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DURA vs. FXAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Morningstar Durable Dividend ETF (DURA) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DURA	FXAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.38	2.17	-0.79
Sortino ratio: Return per unit of downside risk	2.07	2.93	-0.85
Omega ratio: Gain probability vs. loss probability	1.31	1.39	-0.09
Calmar ratio: Return relative to maximum drawdown	2.39	3.04	-0.65
Martin ratio: Return relative to average drawdown	9.74	13.75	-4.01

DURA vs. FXAIX - Sharpe Ratio Comparison

The current DURA Sharpe Ratio is 1.38, which is lower than the FXAIX Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of DURA and FXAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DURA vs. FXAIX - Drawdown Comparison

The maximum DURA drawdown since its inception was -33.15%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for DURA and FXAIX.

Drawdown Indicators

	DURA	FXAIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.15%	-33.79%	+0.64%
Max Drawdown (1Y) Largest decline over 1 year	-8.53%	-8.89%	+0.36%
Max Drawdown (3Y) Largest decline over 3 years	-14.27%	-18.76%	+4.49%
Max Drawdown (5Y) Largest decline over 5 years	-15.80%	-24.50%	+8.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	-3.17%	-1.36%	-1.81%
Average Drawdown Average peak-to-trough decline	-3.91%	-3.79%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	1.96%	+0.13%

Volatility

DURA vs. FXAIX - Volatility Comparison

The current volatility for VanEck Vectors Morningstar Durable Dividend ETF (DURA) is 3.20%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.77%. This indicates that DURA 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.

Volatility by Period

	DURA	FXAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	4.77%	-1.57%
Volatility (6M) Calculated over the trailing 6-month period	7.78%	9.91%	-2.13%
Volatility (1Y) Calculated over the trailing 1-year period	14.81%	12.47%	+2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.62%	17.01%	-3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	18.11%	-1.16%

DURA vs. FXAIX - Expense Ratio Comparison

DURA has a 0.29% expense ratio, which is higher than FXAIX's 0.02% expense ratio.

Dividends

DURA vs. FXAIX - Dividend Comparison

DURA's dividend yield for the trailing twelve months is around 3.32%, more than FXAIX's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DURA VanEck Vectors Morningstar Durable Dividend ETF	3.32%	3.59%	3.33%	3.58%	3.01%	2.89%	3.49%	3.83%	0.66%	0.00%	0.00%	0.00%
FXAIX Fidelity 500 Index Fund	1.04%	1.11%	1.25%	1.45%	1.69%	1.22%	1.60%	2.06%	2.72%	1.97%	2.52%	2.83%

Frequently Asked Questions

Can I hold both DURA and FXAIX in my portfolio?

DURA and FXAIX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DURA or FXAIX?

FXAIX has higher volatility (4.77%) compared to DURA (3.20%). In terms of maximum drawdown, DURA dropped -33.15% vs FXAIX's -33.79%.

Which has better risk-adjusted returns?

FXAIX currently has the higher Sharpe Ratio (2.17 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.