FCLSX vs. SVOL
Compare and contrast key facts about Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and Simplify Volatility Premium ETF (SVOL).
FCLSX is managed by Fidelity. It was launched on Jun 8, 2017. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCLSX or SVOL.
Correlation
The correlation between FCLSX and SVOL is 0.70, 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.
Performance
FCLSX vs. SVOL - Performance Comparison
Key characteristics
FCLSX:
1.10
SVOL:
0.59
FCLSX:
1.53
SVOL:
0.87
FCLSX:
1.20
SVOL:
1.15
FCLSX:
1.73
SVOL:
0.80
FCLSX:
5.24
SVOL:
4.27
FCLSX:
2.35%
SVOL:
2.04%
FCLSX:
11.25%
SVOL:
14.70%
FCLSX:
-31.28%
SVOL:
-15.62%
FCLSX:
-2.53%
SVOL:
-2.13%
Returns By Period
In the year-to-date period, FCLSX achieves a 3.93% return, which is significantly higher than SVOL's 2.89% return.
FCLSX
3.93%
0.61%
1.51%
10.74%
6.41%
N/A
SVOL
2.89%
-1.06%
0.99%
8.32%
N/A
N/A
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FCLSX vs. SVOL - Expense Ratio Comparison
FCLSX has a 0.00% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
FCLSX vs. SVOL — Risk-Adjusted Performance Rank
FCLSX
SVOL
FCLSX vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2040 Fund (FCLSX) and Simplify Volatility Premium ETF (SVOL). 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
FCLSX vs. SVOL - Dividend Comparison
FCLSX's dividend yield for the trailing twelve months is around 2.16%, less than SVOL's 16.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FCLSX Fidelity Flex Freedom Blend 2040 Fund | 2.16% | 2.24% | 2.07% | 2.93% | 2.09% | 1.55% | 2.21% | 2.45% | 1.55% |
SVOL Simplify Volatility Premium ETF | 16.38% | 16.79% | 16.37% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCLSX vs. SVOL - Drawdown Comparison
The maximum FCLSX drawdown since its inception was -31.28%, which is greater than SVOL's maximum drawdown of -15.62%. Use the drawdown chart below to compare losses from any high point for FCLSX and SVOL. For additional features, visit the drawdowns tool.
Volatility
FCLSX vs. SVOL - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2040 Fund (FCLSX) is 2.90%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 3.62%. This indicates that FCLSX experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.