FCNSX vs. SPY
Compare and contrast key facts about Fidelity Series Canada Fund (FCNSX) and SPDR S&P 500 ETF (SPY).
FCNSX is managed by Fidelity. It was launched on Aug 15, 2017. 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: FCNSX or SPY.
Correlation
The correlation between FCNSX and SPY is 0.74, 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
FCNSX vs. SPY - Performance Comparison
Key characteristics
FCNSX:
1.16
SPY:
1.87
FCNSX:
1.65
SPY:
2.52
FCNSX:
1.21
SPY:
1.35
FCNSX:
1.98
SPY:
2.81
FCNSX:
5.39
SPY:
11.69
FCNSX:
2.64%
SPY:
2.02%
FCNSX:
12.27%
SPY:
12.65%
FCNSX:
-41.47%
SPY:
-55.19%
FCNSX:
-1.28%
SPY:
0.00%
Returns By Period
In the year-to-date period, FCNSX achieves a 5.29% return, which is significantly higher than SPY's 4.58% return.
FCNSX
5.29%
4.89%
6.21%
14.47%
10.37%
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCNSX vs. SPY - Expense Ratio Comparison
FCNSX has a 0.00% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FCNSX vs. SPY — Risk-Adjusted Performance Rank
FCNSX
SPY
FCNSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Canada Fund (FCNSX) 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
FCNSX vs. SPY - Dividend Comparison
FCNSX's dividend yield for the trailing twelve months is around 2.51%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNSX Fidelity Series Canada Fund | 2.51% | 2.65% | 2.58% | 3.05% | 2.20% | 2.14% | 2.24% | 2.51% | 0.89% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FCNSX vs. SPY - Drawdown Comparison
The maximum FCNSX drawdown since its inception was -41.47%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCNSX and SPY. For additional features, visit the drawdowns tool.
Volatility
FCNSX vs. SPY - Volatility Comparison
Fidelity Series Canada Fund (FCNSX) has a higher volatility of 3.88% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that FCNSX'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.