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 0.93, 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
FAMRX vs. SPY - Performance Comparison
Key characteristics
FAMRX:
0.25
SPY:
0.54
FAMRX:
0.46
SPY:
0.89
FAMRX:
1.06
SPY:
1.13
FAMRX:
0.24
SPY:
0.58
FAMRX:
0.97
SPY:
2.39
FAMRX:
4.12%
SPY:
4.51%
FAMRX:
15.96%
SPY:
20.07%
FAMRX:
-60.05%
SPY:
-55.19%
FAMRX:
-9.40%
SPY:
-10.54%
Returns By Period
In the year-to-date period, FAMRX achieves a -3.37% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, FAMRX has underperformed SPY with an annualized return of 5.19%, while SPY has yielded a comparatively higher 11.95% annualized return.
FAMRX
-3.37%
-4.99%
-6.08%
2.71%
9.26%
5.19%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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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 3.56%, more than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAMRX Fidelity Asset Manager 85% Fund | 3.56% | 3.44% | 1.33% | 5.07% | 3.15% | 1.99% | 5.52% | 5.62% | 3.29% | 1.33% | 1.41% | 11.42% |
SPY SPDR S&P 500 ETF | 1.31% | 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 -60.05%, 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
The current volatility for Fidelity Asset Manager 85% Fund (FAMRX) is 10.94%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that FAMRX 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.