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FCOM vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FCOM and FXAIX is 0.76, 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.


-0.50.00.51.00.8

Performance

FCOM vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Communication Services Index ETF (FCOM) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
197.28%
309.40%
FCOM
FXAIX

Key characteristics

Sharpe Ratio

FCOM:

2.22

FXAIX:

2.20

Sortino Ratio

FCOM:

2.92

FXAIX:

2.93

Omega Ratio

FCOM:

1.40

FXAIX:

1.41

Calmar Ratio

FCOM:

1.67

FXAIX:

3.26

Martin Ratio

FCOM:

16.67

FXAIX:

14.39

Ulcer Index

FCOM:

2.16%

FXAIX:

1.91%

Daily Std Dev

FCOM:

16.24%

FXAIX:

12.50%

Max Drawdown

FCOM:

-46.76%

FXAIX:

-33.79%

Current Drawdown

FCOM:

-4.08%

FXAIX:

-2.91%

Returns By Period

In the year-to-date period, FCOM achieves a 34.41% return, which is significantly higher than FXAIX's 25.57% return. Over the past 10 years, FCOM has underperformed FXAIX with an annualized return of 10.55%, while FXAIX has yielded a comparatively higher 12.86% annualized return.


FCOM

YTD

34.41%

1M

2.01%

6M

15.89%

1Y

34.54%

5Y*

11.54%

10Y*

10.55%

FXAIX

YTD

25.57%

1M

0.00%

6M

8.86%

1Y

26.21%

5Y*

14.72%

10Y*

12.86%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FCOM vs. FXAIX - Expense Ratio Comparison

FCOM has a 0.08% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FCOM
Fidelity MSCI Communication Services Index ETF
Expense ratio chart for FCOM: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

FCOM vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Communication Services Index ETF (FCOM) 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.


Sharpe ratio
The chart of Sharpe ratio for FCOM, currently valued at 2.22, compared to the broader market0.002.004.002.222.20
The chart of Sortino ratio for FCOM, currently valued at 2.92, compared to the broader market-2.000.002.004.006.008.0010.002.922.93
The chart of Omega ratio for FCOM, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.401.41
The chart of Calmar ratio for FCOM, currently valued at 1.67, compared to the broader market0.005.0010.0015.001.673.26
The chart of Martin ratio for FCOM, currently valued at 16.67, compared to the broader market0.0020.0040.0060.0080.00100.0016.6714.39
FCOM
FXAIX

The current FCOM Sharpe Ratio is 2.22, which is comparable to the FXAIX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of FCOM and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.22
2.20
FCOM
FXAIX

Dividends

FCOM vs. FXAIX - Dividend Comparison

FCOM's dividend yield for the trailing twelve months is around 0.86%, less than FXAIX's 0.88% yield.


TTM20232022202120202019201820172016201520142013
FCOM
Fidelity MSCI Communication Services Index ETF
0.86%0.77%1.04%0.90%0.68%0.86%2.78%7.54%2.25%2.92%2.69%0.25%
FXAIX
Fidelity 500 Index Fund
0.88%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

FCOM vs. FXAIX - Drawdown Comparison

The maximum FCOM drawdown since its inception was -46.76%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FCOM and FXAIX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.08%
-2.91%
FCOM
FXAIX

Volatility

FCOM vs. FXAIX - Volatility Comparison

Fidelity MSCI Communication Services Index ETF (FCOM) has a higher volatility of 5.16% compared to Fidelity 500 Index Fund (FXAIX) at 3.70%. This indicates that FCOM'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.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.16%
3.70%
FCOM
FXAIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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