FADAX vs. SPY
Compare and contrast key facts about Fidelity Advisor Dividend Growth Fund Class A (FADAX) and SPDR S&P 500 ETF (SPY).
FADAX is managed by Fidelity. It was launched on Dec 28, 1998. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FADAX or SPY.
Correlation
The correlation between FADAX and SPY is 0.93, 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
FADAX vs. SPY - Performance Comparison
Key characteristics
FADAX:
0.42
SPY:
1.30
FADAX:
0.64
SPY:
1.77
FADAX:
1.10
SPY:
1.24
FADAX:
0.59
SPY:
2.00
FADAX:
1.75
SPY:
7.99
FADAX:
4.34%
SPY:
2.10%
FADAX:
17.97%
SPY:
12.95%
FADAX:
-61.17%
SPY:
-55.19%
FADAX:
-12.98%
SPY:
-4.76%
Returns By Period
In the year-to-date period, FADAX achieves a -2.09% return, which is significantly lower than SPY's -0.39% return. Over the past 10 years, FADAX has underperformed SPY with an annualized return of 3.07%, while SPY has yielded a comparatively higher 12.89% annualized return.
FADAX
-2.09%
-5.57%
-6.30%
5.41%
8.09%
3.07%
SPY
-0.39%
-3.00%
4.23%
15.29%
15.08%
12.89%
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FADAX vs. SPY - Expense Ratio Comparison
FADAX has a 0.83% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FADAX vs. SPY — Risk-Adjusted Performance Rank
FADAX
SPY
FADAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Dividend Growth Fund Class A (FADAX) and SPDR S&P 500 ETF (SPY). 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
FADAX vs. SPY - Dividend Comparison
FADAX's dividend yield for the trailing twelve months is around 0.76%, less than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FADAX Fidelity Advisor Dividend Growth Fund Class A | 0.76% | 0.74% | 1.14% | 1.46% | 0.66% | 1.43% | 1.48% | 1.97% | 1.46% | 1.21% | 1.14% | 12.85% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FADAX vs. SPY - Drawdown Comparison
The maximum FADAX drawdown since its inception was -61.17%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FADAX and SPY. For additional features, visit the drawdowns tool.
Volatility
FADAX vs. SPY - Volatility Comparison
Fidelity Advisor Dividend Growth Fund Class A (FADAX) has a higher volatility of 4.86% compared to SPDR S&P 500 ETF (SPY) at 4.00%. This indicates that FADAX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.