FAVAX vs. SWPPX
Compare and contrast key facts about Fidelity Advisor Equity Value Fund Class A (FAVAX) and Schwab S&P 500 Index Fund (SWPPX).
FAVAX is managed by Fidelity. It was launched on May 9, 2001. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAVAX or SWPPX.
Correlation
The correlation between FAVAX and SWPPX is 0.91, 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
FAVAX vs. SWPPX - Performance Comparison
Key characteristics
FAVAX:
0.71
SWPPX:
1.96
FAVAX:
1.04
SWPPX:
2.63
FAVAX:
1.13
SWPPX:
1.36
FAVAX:
0.67
SWPPX:
2.97
FAVAX:
1.92
SWPPX:
12.29
FAVAX:
4.01%
SWPPX:
2.04%
FAVAX:
10.88%
SWPPX:
12.79%
FAVAX:
-60.87%
SWPPX:
-55.06%
FAVAX:
-8.04%
SWPPX:
0.00%
Returns By Period
In the year-to-date period, FAVAX achieves a 2.30% return, which is significantly lower than SWPPX's 4.11% return. Over the past 10 years, FAVAX has underperformed SWPPX with an annualized return of 5.09%, while SWPPX has yielded a comparatively higher 13.00% annualized return.
FAVAX
2.30%
0.64%
-2.22%
5.90%
6.46%
5.09%
SWPPX
4.11%
2.05%
9.69%
23.74%
14.34%
13.00%
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FAVAX vs. SWPPX - Expense Ratio Comparison
FAVAX has a 1.14% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
FAVAX vs. SWPPX — Risk-Adjusted Performance Rank
FAVAX
SWPPX
FAVAX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Value Fund Class A (FAVAX) and Schwab S&P 500 Index Fund (SWPPX). 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
FAVAX vs. SWPPX - Dividend Comparison
FAVAX's dividend yield for the trailing twelve months is around 1.63%, more than SWPPX's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAVAX Fidelity Advisor Equity Value Fund Class A | 1.63% | 1.66% | 1.33% | 0.87% | 0.48% | 1.02% | 2.46% | 1.81% | 0.66% | 0.78% | 1.64% | 1.10% |
SWPPX Schwab S&P 500 Index Fund | 1.18% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
FAVAX vs. SWPPX - Drawdown Comparison
The maximum FAVAX drawdown since its inception was -60.87%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FAVAX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
FAVAX vs. SWPPX - Volatility Comparison
The current volatility for Fidelity Advisor Equity Value Fund Class A (FAVAX) is 2.51%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.21%. This indicates that FAVAX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.