ES vs. FXAIX
Compare and contrast key facts about Eversource Energy (ES) and Fidelity 500 Index Fund (FXAIX).
FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ES or FXAIX.
Key characteristics
| ES | FXAIX | |
|---|---|---|
| YTD Return | 2.07% | 26.96% |
| 1Y Return | 13.24% | 35.01% |
| 3Y Return (Ann) | -6.07% | 10.23% |
| 5Y Return (Ann) | -2.46% | 15.78% |
| 10Y Return (Ann) | 5.62% | 13.30% |
| Sharpe Ratio | 0.83 | 3.06 |
| Sortino Ratio | 1.30 | 4.07 |
| Omega Ratio | 1.16 | 1.58 |
| Calmar Ratio | 0.49 | 4.45 |
| Martin Ratio | 2.88 | 20.17 |
| Ulcer Index | 6.98% | 1.86% |
| Daily Std Dev | 24.27% | 12.27% |
| Max Drawdown | -65.47% | -33.79% |
| Current Drawdown | -29.23% | -0.25% |
Correlation
The correlation between ES and FXAIX is 0.34, 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. FXAIX - Performance Comparison
In the year-to-date period, ES achieves a 2.07% return, which is significantly lower than FXAIX's 26.96% return. Over the past 10 years, ES has underperformed FXAIX with an annualized return of 5.62%, while FXAIX has yielded a comparatively higher 13.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ES vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eversource Energy (ES) 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
ES vs. FXAIX - Dividend Comparison
ES's dividend yield for the trailing twelve months is around 4.64%, more than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ES Eversource Energy | 4.64% | 4.37% | 3.04% | 2.65% | 2.62% | 2.52% | 3.11% | 3.01% | 3.22% | 3.27% | 2.93% | 3.47% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
ES vs. FXAIX - Drawdown Comparison
The maximum ES drawdown since its inception was -65.47%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for ES and FXAIX. For additional features, visit the drawdowns tool.
Volatility
ES vs. FXAIX - Volatility Comparison
Eversource Energy (ES) has a higher volatility of 6.59% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. This indicates that ES's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.