FDCAX vs. SPY
Compare and contrast key facts about Fidelity Capital Appreciation Fund (FDCAX) and SPDR S&P 500 ETF (SPY).
FDCAX is managed by Fidelity. It was launched on Nov 26, 1986. 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: FDCAX or SPY.
Correlation
The correlation between FDCAX and SPY is 0.86, 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
FDCAX vs. SPY - Performance Comparison
Key characteristics
FDCAX:
-0.33
SPY:
0.48
FDCAX:
-0.26
SPY:
0.81
FDCAX:
0.95
SPY:
1.12
FDCAX:
-0.27
SPY:
0.51
FDCAX:
-0.70
SPY:
2.13
FDCAX:
12.16%
SPY:
4.46%
FDCAX:
25.67%
SPY:
20.00%
FDCAX:
-58.11%
SPY:
-55.19%
FDCAX:
-25.56%
SPY:
-12.38%
Returns By Period
The year-to-date returns for both stocks are quite close, with FDCAX having a -8.28% return and SPY slightly lower at -8.37%. Over the past 10 years, FDCAX has underperformed SPY with an annualized return of 2.04%, while SPY has yielded a comparatively higher 11.67% annualized return.
FDCAX
-8.28%
-6.91%
-21.87%
-11.16%
4.73%
2.04%
SPY
-8.37%
-6.73%
-6.77%
7.24%
15.33%
11.67%
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FDCAX vs. SPY - Expense Ratio Comparison
FDCAX has a 0.84% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FDCAX vs. SPY — Risk-Adjusted Performance Rank
FDCAX
SPY
FDCAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Capital Appreciation Fund (FDCAX) 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
FDCAX vs. SPY - Dividend Comparison
FDCAX's dividend yield for the trailing twelve months is around 0.28%, less than SPY's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDCAX Fidelity Capital Appreciation Fund | 0.28% | 0.26% | 0.37% | 0.43% | 0.39% | 0.03% | 0.69% | 0.91% | 0.95% | 1.24% | 14.02% | 11.82% |
SPY SPDR S&P 500 ETF | 1.34% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FDCAX vs. SPY - Drawdown Comparison
The maximum FDCAX drawdown since its inception was -58.11%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FDCAX and SPY. For additional features, visit the drawdowns tool.
Volatility
FDCAX vs. SPY - Volatility Comparison
The current volatility for Fidelity Capital Appreciation Fund (FDCAX) is 13.77%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.94%. This indicates that FDCAX 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.