FCOM vs. FXAIX
Compare and contrast key facts about Fidelity MSCI Communication Services Index ETF (FCOM) and Fidelity 500 Index Fund (FXAIX).
FCOM is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. It was launched on Oct 21, 2013. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCOM or FXAIX.
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.
Performance
FCOM vs. FXAIX - Performance Comparison
Key characteristics
FCOM:
2.22
FXAIX:
2.20
FCOM:
2.92
FXAIX:
2.93
FCOM:
1.40
FXAIX:
1.41
FCOM:
1.67
FXAIX:
3.26
FCOM:
16.67
FXAIX:
14.39
FCOM:
2.16%
FXAIX:
1.91%
FCOM:
16.24%
FXAIX:
12.50%
FCOM:
-46.76%
FXAIX:
-33.79%
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
34.41%
2.01%
15.89%
34.54%
11.54%
10.55%
FXAIX
25.57%
0.00%
8.86%
26.21%
14.72%
12.86%
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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%.
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.
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.