DWAFX vs. FXAIX
Compare and contrast key facts about Arrow DWA Tactical: Balanced Fund (DWAFX) and Fidelity 500 Index Fund (FXAIX).
DWAFX is managed by Arrow Funds. It was launched on Aug 6, 2006. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DWAFX or FXAIX.
Correlation
The correlation between DWAFX and FXAIX is 0.80, 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.
Performance
DWAFX vs. FXAIX - Performance Comparison
Key characteristics
DWAFX:
0.79
FXAIX:
1.97
DWAFX:
1.12
FXAIX:
2.64
DWAFX:
1.14
FXAIX:
1.36
DWAFX:
0.38
FXAIX:
2.98
DWAFX:
3.12
FXAIX:
12.34
DWAFX:
2.39%
FXAIX:
2.04%
DWAFX:
9.46%
FXAIX:
12.79%
DWAFX:
-36.81%
FXAIX:
-33.79%
DWAFX:
-13.35%
FXAIX:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with DWAFX having a 4.21% return and FXAIX slightly lower at 4.11%. Over the past 10 years, DWAFX has underperformed FXAIX with an annualized return of -0.53%, while FXAIX has yielded a comparatively higher 13.09% annualized return.
DWAFX
4.21%
2.50%
2.46%
6.11%
1.78%
-0.53%
FXAIX
4.11%
2.06%
9.72%
23.78%
14.37%
13.09%
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DWAFX vs. FXAIX - Expense Ratio Comparison
DWAFX has a 1.84% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
DWAFX vs. FXAIX — Risk-Adjusted Performance Rank
DWAFX
FXAIX
DWAFX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow DWA Tactical: Balanced Fund (DWAFX) 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
DWAFX vs. FXAIX - Dividend Comparison
DWAFX's dividend yield for the trailing twelve months is around 0.13%, less than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DWAFX Arrow DWA Tactical: Balanced Fund | 0.13% | 0.13% | 4.45% | 2.82% | 0.00% | 0.21% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 1.79% |
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
DWAFX vs. FXAIX - Drawdown Comparison
The maximum DWAFX drawdown since its inception was -36.81%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for DWAFX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
DWAFX vs. FXAIX - Volatility Comparison
Arrow DWA Tactical: Balanced Fund (DWAFX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 3.12% and 3.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.