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

Correlation

The correlation between FCOM and VOX 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. VOX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FCOM:

0.97

VOX:

0.97

Sortino Ratio

FCOM:

1.47

VOX:

1.46

Omega Ratio

FCOM:

1.21

VOX:

1.21

Calmar Ratio

FCOM:

1.00

VOX:

1.00

Martin Ratio

FCOM:

3.34

VOX:

3.33

Ulcer Index

FCOM:

6.30%

VOX:

6.33%

Daily Std Dev

FCOM:

21.04%

VOX:

21.05%

Max Drawdown

FCOM:

-46.76%

VOX:

-57.18%

Current Drawdown

FCOM:

-5.85%

VOX:

-5.80%

Returns By Period

The year-to-date returns for both investments are quite close, with FCOM having a 2.86% return and VOX slightly higher at 2.88%. Over the past 10 years, FCOM has outperformed VOX with an annualized return of 10.41%, while VOX has yielded a comparatively lower 8.17% annualized return.


FCOM

YTD

2.86%

1M

15.01%

6M

5.98%

1Y

20.30%

5Y*

13.55%

10Y*

10.41%

VOX

YTD

2.88%

1M

15.12%

6M

5.99%

1Y

20.30%

5Y*

13.72%

10Y*

8.17%

*Annualized

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FCOM vs. VOX - Expense Ratio Comparison

FCOM has a 0.08% expense ratio, which is lower than VOX's 0.10% 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

FCOM vs. VOX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCOM
The Risk-Adjusted Performance Rank of FCOM is 8080
Overall Rank
The Sharpe Ratio Rank of FCOM is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of FCOM is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FCOM is 8080
Omega Ratio Rank
The Calmar Ratio Rank of FCOM is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FCOM is 7575
Martin Ratio Rank

VOX
The Risk-Adjusted Performance Rank of VOX is 7979
Overall Rank
The Sharpe Ratio Rank of VOX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of VOX is 8080
Sortino Ratio Rank
The Omega Ratio Rank of VOX is 8181
Omega Ratio Rank
The Calmar Ratio Rank of VOX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of VOX is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FCOM vs. VOX - Risk-Adjusted Performance Comparison

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


The current FCOM Sharpe Ratio is 0.97, which is comparable to the VOX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of FCOM and VOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FCOM vs. VOX - Dividend Comparison

FCOM's dividend yield for the trailing twelve months is around 0.90%, less than VOX's 1.07% yield.


TTM20242023202220212020201920182017201620152014
FCOM
Fidelity MSCI Communication Services Index ETF
0.90%0.87%0.77%1.04%0.90%0.68%0.86%2.78%7.54%2.25%2.92%2.69%
VOX
Vanguard Communication Services ETF
1.07%1.05%1.03%0.88%0.93%0.74%0.90%2.77%3.83%2.67%3.55%2.66%

Drawdowns

FCOM vs. VOX - Drawdown Comparison

The maximum FCOM drawdown since its inception was -46.76%, smaller than the maximum VOX drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for FCOM and VOX. For additional features, visit the drawdowns tool.


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Volatility

FCOM vs. VOX - Volatility Comparison

Fidelity MSCI Communication Services Index ETF (FCOM) and Vanguard Communication Services ETF (VOX) have volatilities of 5.55% and 5.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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