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 0.94, 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
FADAX vs. SPY - Performance Comparison
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Key characteristics
FADAX:
0.49
SPY:
0.68
FADAX:
0.84
SPY:
1.13
FADAX:
1.12
SPY:
1.17
FADAX:
0.53
SPY:
0.76
FADAX:
1.83
SPY:
2.93
FADAX:
6.17%
SPY:
4.87%
FADAX:
21.91%
SPY:
20.29%
FADAX:
-61.17%
SPY:
-55.19%
FADAX:
-5.52%
SPY:
-3.85%
Returns By Period
In the year-to-date period, FADAX achieves a 1.16% return, which is significantly higher than SPY's 0.56% return. Over the past 10 years, FADAX has underperformed SPY with an annualized return of 9.11%, while SPY has yielded a comparatively higher 12.67% annualized return.
FADAX
1.16%
11.03%
-0.35%
10.69%
18.49%
9.11%
SPY
0.56%
8.99%
-0.98%
13.71%
17.23%
12.67%
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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.
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Dividends
FADAX vs. SPY - Dividend Comparison
FADAX's dividend yield for the trailing twelve months is around 9.09%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FADAX Fidelity Advisor Dividend Growth Fund Class A | 9.09% | 9.30% | 3.12% | 9.50% | 5.55% | 1.43% | 4.69% | 18.60% | 16.63% | 1.21% | 1.86% | 12.85% |
SPY SPDR S&P 500 ETF | 1.22% | 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.
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Volatility
FADAX vs. SPY - Volatility Comparison
The current volatility for Fidelity Advisor Dividend Growth Fund Class A (FADAX) is 5.77%, while SPDR S&P 500 ETF (SPY) has a volatility of 6.24%. This indicates that FADAX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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