ES vs. FIDKX
Compare and contrast key facts about Eversource Energy (ES) and Fidelity International Discovery Fund Class K (FIDKX).
FIDKX is managed by Fidelity. It was launched on May 9, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ES or FIDKX.
Key characteristics
| ES | FIDKX | |
|---|---|---|
| YTD Return | 2.49% | 15.38% |
| 1Y Return | 18.84% | 26.90% |
| 3Y Return (Ann) | -5.95% | -1.30% |
| 5Y Return (Ann) | -2.29% | 7.22% |
| 10Y Return (Ann) | 5.67% | 6.18% |
| Sharpe Ratio | 0.74 | 2.06 |
| Sortino Ratio | 1.19 | 2.83 |
| Omega Ratio | 1.15 | 1.36 |
| Calmar Ratio | 0.44 | 1.12 |
| Martin Ratio | 2.59 | 11.09 |
| Ulcer Index | 6.91% | 2.50% |
| Daily Std Dev | 24.35% | 13.44% |
| Max Drawdown | -65.47% | -56.79% |
| Current Drawdown | -28.94% | -4.41% |
Correlation
The correlation between ES and FIDKX is 0.31, 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
ES vs. FIDKX - Performance Comparison
In the year-to-date period, ES achieves a 2.49% return, which is significantly lower than FIDKX's 15.38% return. Over the past 10 years, ES has underperformed FIDKX with an annualized return of 5.67%, while FIDKX has yielded a comparatively higher 6.18% 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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Risk-Adjusted Performance
ES vs. FIDKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eversource Energy (ES) and Fidelity International Discovery Fund Class K (FIDKX). 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
ES vs. FIDKX - Dividend Comparison
ES's dividend yield for the trailing twelve months is around 4.62%, more than FIDKX's 1.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ES Eversource Energy | 4.62% | 4.37% | 3.04% | 2.65% | 2.62% | 2.52% | 3.11% | 3.01% | 3.22% | 3.27% | 2.93% | 3.47% |
FIDKX Fidelity International Discovery Fund Class K | 1.75% | 2.02% | 0.47% | 3.08% | 0.55% | 1.82% | 1.49% | 1.22% | 1.83% | 1.19% | 0.82% | 3.38% |
Drawdowns
ES vs. FIDKX - Drawdown Comparison
The maximum ES drawdown since its inception was -65.47%, which is greater than FIDKX's maximum drawdown of -56.79%. Use the drawdown chart below to compare losses from any high point for ES and FIDKX. For additional features, visit the drawdowns tool.
Volatility
ES vs. FIDKX - Volatility Comparison
Eversource Energy (ES) has a higher volatility of 7.00% compared to Fidelity International Discovery Fund Class K (FIDKX) at 3.51%. This indicates that ES's price experiences larger fluctuations and is considered to be riskier than FIDKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.