FAMRX vs. SPY
Compare and contrast key facts about Fidelity Asset Manager 85% Fund (FAMRX) and SPDR S&P 500 ETF (SPY).
FAMRX is managed by Blackrock. It was launched on Sep 24, 1999. 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: FAMRX or SPY.
Correlation
The correlation between FAMRX and SPY is 0.92, 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
FAMRX vs. SPY - Performance Comparison
Key characteristics
FAMRX:
1.33
SPY:
2.12
FAMRX:
1.81
SPY:
2.81
FAMRX:
1.24
SPY:
1.39
FAMRX:
1.65
SPY:
3.21
FAMRX:
6.72
SPY:
13.42
FAMRX:
2.23%
SPY:
2.01%
FAMRX:
11.29%
SPY:
12.78%
FAMRX:
-59.21%
SPY:
-55.19%
FAMRX:
-2.58%
SPY:
-0.29%
Returns By Period
The year-to-date returns for both stocks are quite close, with FAMRX having a 3.90% return and SPY slightly lower at 3.73%. Over the past 10 years, FAMRX has underperformed SPY with an annualized return of 6.66%, while SPY has yielded a comparatively higher 13.76% annualized return.
FAMRX
3.90%
0.11%
5.22%
14.10%
7.85%
6.66%
SPY
3.73%
1.10%
12.39%
26.33%
15.23%
13.76%
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FAMRX vs. SPY - Expense Ratio Comparison
FAMRX has a 0.70% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FAMRX vs. SPY — Risk-Adjusted Performance Rank
FAMRX
SPY
FAMRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Asset Manager 85% Fund (FAMRX) 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
FAMRX vs. SPY - Dividend Comparison
FAMRX's dividend yield for the trailing twelve months is around 1.41%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAMRX Fidelity Asset Manager 85% Fund | 1.41% | 1.47% | 1.33% | 1.85% | 1.12% | 0.80% | 1.36% | 1.36% | 0.98% | 1.05% | 1.41% | 11.42% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FAMRX vs. SPY - Drawdown Comparison
The maximum FAMRX drawdown since its inception was -59.21%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FAMRX and SPY. For additional features, visit the drawdowns tool.
Volatility
FAMRX vs. SPY - Volatility Comparison
Fidelity Asset Manager 85% Fund (FAMRX) has a higher volatility of 4.34% compared to SPDR S&P 500 ETF (SPY) at 4.00%. This indicates that FAMRX'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.