Correlation
The correlation between FACVX and FXAIX is 0.85, 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.
FACVX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Convertible Securities Fund Class A (FACVX) and Fidelity 500 Index Fund (FXAIX).
FACVX is managed by Fidelity. It was launched on Feb 19, 2009. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FACVX or FXAIX.
Performance
FACVX vs. FXAIX - Performance Comparison
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Key characteristics
FACVX:
0.93
FXAIX:
0.75
FACVX:
1.26
FXAIX:
1.07
FACVX:
1.17
FXAIX:
1.15
FACVX:
0.79
FXAIX:
0.72
FACVX:
2.69
FXAIX:
2.73
FACVX:
4.30%
FXAIX:
4.85%
FACVX:
13.51%
FXAIX:
19.78%
FACVX:
-25.09%
FXAIX:
-33.79%
FACVX:
-3.66%
FXAIX:
-3.14%
Returns By Period
In the year-to-date period, FACVX achieves a 1.44% return, which is significantly higher than FXAIX's 1.34% return. Over the past 10 years, FACVX has underperformed FXAIX with an annualized return of 8.19%, while FXAIX has yielded a comparatively higher 12.68% annualized return.
FACVX
1.44%
3.74%
-3.50%
12.48%
7.90%
10.36%
8.19%
FXAIX
1.34%
6.29%
-1.07%
14.76%
14.51%
16.00%
12.68%
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FACVX vs. FXAIX - Expense Ratio Comparison
FACVX has a 0.97% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FACVX vs. FXAIX — Risk-Adjusted Performance Rank
FACVX
FXAIX
FACVX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Convertible Securities Fund Class A (FACVX) 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.
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Dividends
FACVX vs. FXAIX - Dividend Comparison
FACVX's dividend yield for the trailing twelve months is around 7.39%, more than FXAIX's 1.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FACVX Fidelity Advisor Convertible Securities Fund Class A | 7.39% | 7.22% | 1.86% | 3.48% | 20.42% | 10.56% | 3.04% | 9.55% | 4.38% | 4.62% | 10.02% | 5.08% |
FXAIX Fidelity 500 Index Fund | 1.55% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.08% |
Drawdowns
FACVX vs. FXAIX - Drawdown Comparison
The maximum FACVX drawdown since its inception was -25.09%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FACVX and FXAIX.
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Volatility
FACVX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor Convertible Securities Fund Class A (FACVX) is 2.94%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.77%. This indicates that FACVX 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.
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