FADMX vs. DGRO
Compare and contrast key facts about Fidelity Strategic Income Fund (FADMX) and iShares Core Dividend Growth ETF (DGRO).
FADMX is managed by Fidelity. It was launched on Oct 31, 1994. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FADMX or DGRO.
Performance
FADMX vs. DGRO - Performance Comparison
Returns By Period
In the year-to-date period, FADMX achieves a 6.71% return, which is significantly lower than DGRO's 20.51% return.
FADMX
6.71%
0.35%
4.93%
11.38%
2.47%
N/A
DGRO
20.51%
0.76%
12.23%
27.58%
12.00%
11.82%
Key characteristics
| FADMX | DGRO | |
|---|---|---|
| Sharpe Ratio | 2.85 | 2.92 |
| Sortino Ratio | 4.55 | 4.12 |
| Omega Ratio | 1.58 | 1.54 |
| Calmar Ratio | 1.36 | 5.76 |
| Martin Ratio | 16.66 | 19.22 |
| Ulcer Index | 0.66% | 1.46% |
| Daily Std Dev | 3.84% | 9.61% |
| Max Drawdown | -16.68% | -35.10% |
| Current Drawdown | -0.84% | -0.65% |
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FADMX vs. DGRO - Expense Ratio Comparison
FADMX has a 0.66% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Correlation
The correlation between FADMX and DGRO is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FADMX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Income Fund (FADMX) and iShares Core Dividend Growth ETF (DGRO). 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
FADMX vs. DGRO - Dividend Comparison
FADMX's dividend yield for the trailing twelve months is around 4.33%, more than DGRO's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | 4.33% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.16% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
FADMX vs. DGRO - Drawdown Comparison
The maximum FADMX drawdown since its inception was -16.68%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for FADMX and DGRO. For additional features, visit the drawdowns tool.
Volatility
FADMX vs. DGRO - Volatility Comparison
The current volatility for Fidelity Strategic Income Fund (FADMX) is 0.87%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 3.40%. This indicates that FADMX experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.