FAAIX vs. VOO
Compare and contrast key facts about Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) and Vanguard S&P 500 ETF (VOO).
FAAIX is managed by Blackrock. It was launched on Sep 23, 2008. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAAIX or VOO.
Correlation
The correlation between FAAIX and VOO is 0.94, 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
FAAIX vs. VOO - Performance Comparison
Key characteristics
FAAIX:
0.96
VOO:
1.81
FAAIX:
1.31
VOO:
2.44
FAAIX:
1.18
VOO:
1.33
FAAIX:
1.05
VOO:
2.74
FAAIX:
4.16
VOO:
11.43
FAAIX:
2.28%
VOO:
2.02%
FAAIX:
9.92%
VOO:
12.77%
FAAIX:
-34.01%
VOO:
-33.99%
FAAIX:
-3.55%
VOO:
-0.72%
Returns By Period
In the year-to-date period, FAAIX achieves a 3.11% return, which is significantly lower than VOO's 3.31% return. Over the past 10 years, FAAIX has underperformed VOO with an annualized return of 4.89%, while VOO has yielded a comparatively higher 13.25% annualized return.
FAAIX
3.11%
3.87%
3.29%
9.03%
5.41%
4.89%
VOO
3.31%
4.26%
12.44%
22.48%
14.26%
13.25%
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FAAIX vs. VOO - Expense Ratio Comparison
FAAIX has a 0.70% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FAAIX vs. VOO — Risk-Adjusted Performance Rank
FAAIX
VOO
FAAIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) and Vanguard S&P 500 ETF (VOO). 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
FAAIX vs. VOO - Dividend Comparison
FAAIX's dividend yield for the trailing twelve months is around 1.91%, more than VOO's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAAIX Fidelity Advisor Asset Manager 70% Fund Class I | 1.91% | 1.97% | 1.70% | 2.13% | 1.36% | 0.90% | 1.48% | 1.56% | 1.12% | 1.34% | 1.63% | 10.88% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FAAIX vs. VOO - Drawdown Comparison
The maximum FAAIX drawdown since its inception was -34.01%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FAAIX and VOO. For additional features, visit the drawdowns tool.
Volatility
FAAIX vs. VOO - Volatility Comparison
The current volatility for Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) is 2.84%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.40%. This indicates that FAAIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.