Correlation
The correlation between FDESX and ELFNX is 0.94, 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.
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.
Performance
FDESX vs. ELFNX - Performance Comparison
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Key characteristics
FDESX:
0.43
ELFNX:
0.52
FDESX:
0.69
ELFNX:
0.82
FDESX:
1.10
ELFNX:
1.12
FDESX:
0.38
ELFNX:
0.50
FDESX:
1.25
ELFNX:
1.82
FDESX:
6.86%
ELFNX:
5.40%
FDESX:
21.60%
ELFNX:
20.09%
FDESX:
-62.74%
ELFNX:
-50.28%
FDESX:
-6.71%
ELFNX:
-4.24%
Returns By Period
In the year-to-date period, FDESX achieves a -1.12% return, which is significantly lower than ELFNX's -0.27% return. Over the past 10 years, FDESX has underperformed ELFNX with an annualized return of 12.75%, while ELFNX has yielded a comparatively higher 13.74% annualized return.
FDESX
-1.12%
5.10%
-3.52%
9.23%
14.40%
15.66%
12.75%
ELFNX
-0.27%
4.38%
-2.68%
10.30%
16.27%
15.69%
13.74%
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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 Rank
FDESX
ELFNX
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.
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Dividends
FDESX vs. ELFNX - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 14.13%, more than ELFNX's 10.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 14.13% | 13.97% | 3.55% | 9.06% | 16.87% | 5.28% | 3.23% | 13.54% | 8.97% | 1.67% | 8.53% | 10.00% |
ELFNX Elfun Trusts | 10.46% | 10.43% | 2.90% | 9.01% | 11.62% | 8.60% | 9.39% | 16.18% | 10.80% | 8.85% | 8.22% | 9.42% |
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.
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Volatility
FDESX vs. ELFNX - Volatility Comparison
The current volatility for Fidelity Advisor Diversified Stock Fund Class O (FDESX) is 4.24%, while Elfun Trusts (ELFNX) has a volatility of 4.81%. This indicates that FDESX experiences smaller price fluctuations and is considered to be less risky than ELFNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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