FCSSX vs. SPY
Compare and contrast key facts about Fidelity Series Commodity Strategy Fund (FCSSX) and SPDR S&P 500 ETF (SPY).
FCSSX is managed by Fidelity. It was launched on Sep 30, 2009. 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: FCSSX or SPY.
Correlation
The correlation between FCSSX and SPY is 0.31, 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. SPY - Performance Comparison
Key characteristics
FCSSX:
0.27
SPY:
0.54
FCSSX:
0.60
SPY:
0.90
FCSSX:
1.07
SPY:
1.13
FCSSX:
0.38
SPY:
0.57
FCSSX:
0.85
SPY:
2.24
FCSSX:
5.64%
SPY:
4.82%
FCSSX:
13.32%
SPY:
20.02%
FCSSX:
-66.66%
SPY:
-55.19%
FCSSX:
-5.18%
SPY:
-7.53%
Returns By Period
In the year-to-date period, FCSSX achieves a 4.07% return, which is significantly higher than SPY's -3.30% return. Over the past 10 years, FCSSX has outperformed SPY with an annualized return of 75.28%, while SPY has yielded a comparatively lower 12.33% annualized return.
FCSSX
4.07%
4.75%
4.19%
4.04%
107.57%
75.28%
SPY
-3.30%
13.81%
-4.52%
10.65%
15.81%
12.33%
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FCSSX vs. SPY - Expense Ratio Comparison
FCSSX 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
FCSSX vs. SPY — Risk-Adjusted Performance Rank
FCSSX
SPY
FCSSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Commodity Strategy Fund (FCSSX) 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
FCSSX vs. SPY - Dividend Comparison
FCSSX's dividend yield for the trailing twelve months is around 12.24%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCSSX Fidelity Series Commodity Strategy Fund | 12.24% | 12.74% | 4.53% | 128.24% | 2,086.80% | 21.79% | 74.58% | 397.78% | 26.65% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FCSSX vs. SPY - Drawdown Comparison
The maximum FCSSX drawdown since its inception was -66.66%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCSSX and SPY. For additional features, visit the drawdowns tool.
Volatility
FCSSX vs. SPY - Volatility Comparison
The current volatility for Fidelity Series Commodity Strategy Fund (FCSSX) is 4.65%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.36%. This indicates that FCSSX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.