FCSSX vs. AAAU
Compare and contrast key facts about Fidelity Series Commodity Strategy Fund (FCSSX) and Goldman Sachs Physical Gold ETF (AAAU).
FCSSX is managed by Fidelity. It was launched on Sep 30, 2009. AAAU is a passively managed fund by Goldman Sachs that tracks the performance of the LBMA Gold PM Price. It was launched on Jul 26, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCSSX or AAAU.
Key characteristics
| FCSSX | AAAU | |
|---|---|---|
| YTD Return | 3.96% | 29.96% |
| 1Y Return | 1.32% | 36.93% |
| 3Y Return (Ann) | 189.69% | 13.43% |
| 5Y Return (Ann) | 110.91% | 12.79% |
| Sharpe Ratio | 0.08 | 2.60 |
| Sortino Ratio | 0.19 | 3.43 |
| Omega Ratio | 1.02 | 1.45 |
| Calmar Ratio | 0.07 | 5.54 |
| Martin Ratio | 0.17 | 17.06 |
| Ulcer Index | 5.35% | 2.19% |
| Daily Std Dev | 11.64% | 14.41% |
| Max Drawdown | -66.67% | -21.63% |
| Current Drawdown | -7.34% | -3.70% |
Correlation
The correlation between FCSSX and AAAU is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FCSSX vs. AAAU - Performance Comparison
In the year-to-date period, FCSSX achieves a 3.96% return, which is significantly lower than AAAU's 29.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FCSSX vs. AAAU - Expense Ratio Comparison
FCSSX has a 0.00% expense ratio, which is lower than AAAU's 0.18% 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
FCSSX vs. AAAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Commodity Strategy Fund (FCSSX) and Goldman Sachs Physical Gold ETF (AAAU). 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
FCSSX vs. AAAU - Dividend Comparison
FCSSX's dividend yield for the trailing twelve months is around 12.54%, while AAAU has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FCSSX Fidelity Series Commodity Strategy Fund | 12.54% | 4.53% | 6,349.76% | 2,086.80% | 21.79% | 74.58% | 103.33% | 26.65% |
AAAU Goldman Sachs Physical Gold ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCSSX vs. AAAU - Drawdown Comparison
The maximum FCSSX drawdown since its inception was -66.67%, which is greater than AAAU's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for FCSSX and AAAU. For additional features, visit the drawdowns tool.
Volatility
FCSSX vs. AAAU - Volatility Comparison
The current volatility for Fidelity Series Commodity Strategy Fund (FCSSX) is 3.79%, while Goldman Sachs Physical Gold ETF (AAAU) has a volatility of 4.82%. This indicates that FCSSX experiences smaller price fluctuations and is considered to be less risky than AAAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.