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:
-0.21
SPY:
0.28
FADAX:
-0.14
SPY:
0.54
FADAX:
0.98
SPY:
1.08
FADAX:
-0.19
SPY:
0.29
FADAX:
-0.65
SPY:
1.35
FADAX:
7.42%
SPY:
4.09%
FADAX:
22.77%
SPY:
19.64%
FADAX:
-61.17%
SPY:
-55.19%
FADAX:
-20.22%
SPY:
-13.98%
Returns By Period
The year-to-date returns for both investments are quite close, with FADAX having a -10.24% return and SPY slightly higher at -10.04%. Over the past 10 years, FADAX has underperformed SPY with an annualized return of 2.13%, while SPY has yielded a comparatively higher 11.65% annualized return.
FADAX
-10.24%
-7.13%
-17.46%
-4.88%
9.98%
2.13%
SPY
-10.04%
-7.04%
-9.15%
5.72%
14.60%
11.65%
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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 0.71%, less than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FADAX Fidelity Advisor Dividend Growth Fund Class A | 0.71% | 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 | 1.36% | 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) and SPDR S&P 500 ETF (SPY) have volatilities of 13.97% and 14.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.