FDESX vs. ELFNX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Elfun Trusts (ELFNX).
FDESX is managed by Fidelity. It was launched on Jul 10, 1970. ELFNX is managed by State Street Global Advisors. It was launched on May 27, 1935.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDESX or ELFNX.
Key characteristics
| FDESX | ELFNX | |
|---|---|---|
| YTD Return | 20.93% | 22.75% |
| 1Y Return | 30.40% | 34.61% |
| 3Y Return (Ann) | 10.08% | 11.69% |
| 5Y Return (Ann) | 16.99% | 17.90% |
| 10Y Return (Ann) | 12.17% | 14.24% |
| Sharpe Ratio | 1.99 | 2.42 |
| Daily Std Dev | 15.32% | 14.47% |
| Max Drawdown | -62.74% | -50.28% |
| Current Drawdown | -2.25% | -0.93% |
Correlation
The correlation between FDESX and ELFNX is 0.92, 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
FDESX vs. ELFNX - Performance Comparison
In the year-to-date period, FDESX achieves a 20.93% return, which is significantly lower than ELFNX's 22.75% return. Over the past 10 years, FDESX has underperformed ELFNX with an annualized return of 12.17%, while ELFNX has yielded a comparatively higher 14.24% annualized 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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FDESX vs. ELFNX - Expense Ratio Comparison
FDESX has a 0.45% expense ratio, which is higher than ELFNX's 0.18% expense ratio.
Risk-Adjusted Performance
FDESX vs. ELFNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Elfun Trusts (ELFNX). 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
FDESX vs. ELFNX - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 2.94%, more than ELFNX's 2.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 2.94% | 3.55% | 9.06% | 16.87% | 5.28% | 3.23% | 13.54% | 8.97% | 1.67% | 1.78% | 11.34% | 2.46% |
ELFNX Elfun Trusts | 2.36% | 2.90% | 9.01% | 11.62% | 8.60% | 9.39% | 16.18% | 10.80% | 8.85% | 8.22% | 9.42% | 6.02% |
Drawdowns
FDESX vs. ELFNX - Drawdown Comparison
The maximum FDESX drawdown since its inception was -62.74%, which is greater than ELFNX's maximum drawdown of -50.28%. Use the drawdown chart below to compare losses from any high point for FDESX and ELFNX. For additional features, visit the drawdowns tool.
Volatility
FDESX vs. ELFNX - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Elfun Trusts (ELFNX) have volatilities of 4.66% and 4.44%, 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.