FCVSX vs. FXAIX
Compare and contrast key facts about Fidelity Convertible Securities Fund (FCVSX) and Fidelity 500 Index Fund (FXAIX).
FCVSX is managed by Fidelity. It was launched on Jan 5, 1987. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCVSX or FXAIX.
Correlation
The correlation between FCVSX and FXAIX is 0.84, 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
FCVSX vs. FXAIX - Performance Comparison
Key characteristics
FCVSX:
1.30
FXAIX:
1.97
FCVSX:
1.73
FXAIX:
2.64
FCVSX:
1.24
FXAIX:
1.36
FCVSX:
0.53
FXAIX:
2.98
FCVSX:
4.83
FXAIX:
12.34
FCVSX:
2.84%
FXAIX:
2.04%
FCVSX:
10.54%
FXAIX:
12.79%
FCVSX:
-58.76%
FXAIX:
-33.79%
FCVSX:
-14.60%
FXAIX:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with FCVSX having a 4.02% return and FXAIX slightly higher at 4.11%. Over the past 10 years, FCVSX has underperformed FXAIX with an annualized return of 3.48%, while FXAIX has yielded a comparatively higher 13.13% annualized return.
FCVSX
4.02%
1.94%
8.69%
12.49%
4.33%
3.48%
FXAIX
4.11%
2.86%
10.80%
23.21%
14.39%
13.13%
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FCVSX vs. FXAIX - Expense Ratio Comparison
FCVSX has a 0.67% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FCVSX vs. FXAIX — Risk-Adjusted Performance Rank
FCVSX
FXAIX
FCVSX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Convertible Securities Fund (FCVSX) 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
FCVSX vs. FXAIX - Dividend Comparison
FCVSX's dividend yield for the trailing twelve months is around 3.18%, more than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVSX Fidelity Convertible Securities Fund | 3.18% | 3.30% | 2.13% | 2.35% | 1.66% | 2.90% | 1.45% | 3.84% | 2.60% | 3.35% | 2.86% | 5.99% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FCVSX vs. FXAIX - Drawdown Comparison
The maximum FCVSX drawdown since its inception was -58.76%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FCVSX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FCVSX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Convertible Securities Fund (FCVSX) is 2.59%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.21%. This indicates that FCVSX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.