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.
Performance
FADAX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, FADAX achieves a 28.54% return, which is significantly higher than SPY's 25.41% return. Over the past 10 years, FADAX has underperformed SPY with an annualized return of 4.59%, while SPY has yielded a comparatively higher 13.07% annualized return.
FADAX
28.54%
0.98%
9.40%
33.81%
8.23%
4.59%
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| FADAX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.33 | 2.62 |
| Sortino Ratio | 3.15 | 3.50 |
| Omega Ratio | 1.43 | 1.49 |
| Calmar Ratio | 2.32 | 3.78 |
| Martin Ratio | 14.80 | 17.00 |
| Ulcer Index | 2.25% | 1.87% |
| Daily Std Dev | 14.31% | 12.14% |
| Max Drawdown | -61.17% | -55.19% |
| Current Drawdown | -1.54% | -1.38% |
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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.
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.
Risk-Adjusted Performance
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 0.86%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FADAX Fidelity Advisor Dividend Growth Fund Class A | 0.86% | 1.14% | 1.46% | 0.66% | 1.43% | 1.48% | 1.97% | 1.46% | 1.21% | 1.14% | 12.85% | 0.51% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 4.40% compared to SPDR S&P 500 ETF (SPY) at 4.09%. 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.