FBGX vs. FXAIX
Compare and contrast key facts about UBS AG FI Enhanced Large Cap Growth ETN (FBGX) and Fidelity 500 Index Fund (FXAIX).
FBGX is a passively managed fund by UBS that tracks the performance of the Russell 1000 Growth Index (200%). It was launched on Jun 11, 2014. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBGX or FXAIX.
Key characteristics
| FBGX | FXAIX | |
|---|---|---|
| YTD Return | 11.97% | 6.64% |
| 1Y Return | 64.06% | 25.73% |
| 3Y Return (Ann) | 7.23% | 8.17% |
| 5Y Return (Ann) | 23.27% | 13.34% |
| Sharpe Ratio | 2.12 | 2.13 |
| Daily Std Dev | 29.37% | 11.67% |
| Max Drawdown | -59.88% | -33.79% |
| Current Drawdown | -12.29% | -3.54% |
Correlation
The correlation between FBGX and FXAIX 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
FBGX vs. FXAIX - Performance Comparison
In the year-to-date period, FBGX achieves a 11.97% return, which is significantly higher than FXAIX's 6.64% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBGX vs. FXAIX - Expense Ratio Comparison
FBGX has a 1.29% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FBGX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS AG FI Enhanced Large Cap Growth ETN (FBGX) and Fidelity 500 Index Fund (FXAIX). 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
FBGX vs. FXAIX - Dividend Comparison
FBGX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.37%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBGX UBS AG FI Enhanced Large Cap Growth ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.37% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
FBGX vs. FXAIX - Drawdown Comparison
The maximum FBGX drawdown since its inception was -59.88%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FBGX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FBGX vs. FXAIX - Volatility Comparison
UBS AG FI Enhanced Large Cap Growth ETN (FBGX) has a higher volatility of 10.51% compared to Fidelity 500 Index Fund (FXAIX) at 4.04%. This indicates that FBGX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.