FDESX vs. IJR
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class O (FDESX) and iShares Core S&P Small-Cap ETF (IJR).
FDESX is managed by Fidelity. It was launched on Jul 10, 1970. IJR is a passively managed fund by iShares that tracks the performance of the S&P SmallCap 600 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDESX or IJR.
Key characteristics
| FDESX | IJR | |
|---|---|---|
| YTD Return | 23.28% | 9.85% |
| 1Y Return | 35.10% | 24.77% |
| 3Y Return (Ann) | 11.50% | 4.79% |
| 5Y Return (Ann) | 17.56% | 9.96% |
| 10Y Return (Ann) | 12.51% | 9.81% |
| Sharpe Ratio | 2.16 | 1.17 |
| Daily Std Dev | 15.44% | 20.33% |
| Max Drawdown | -62.74% | -58.15% |
| Current Drawdown | -0.35% | -0.19% |
Correlation
The correlation between FDESX and IJR 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
FDESX vs. IJR - Performance Comparison
In the year-to-date period, FDESX achieves a 23.28% return, which is significantly higher than IJR's 9.85% return. Over the past 10 years, FDESX has outperformed IJR with an annualized return of 12.51%, while IJR has yielded a comparatively lower 9.81% 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. IJR - Expense Ratio Comparison
FDESX has a 0.45% expense ratio, which is higher than IJR's 0.07% expense ratio.
Risk-Adjusted Performance
FDESX vs. IJR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class O (FDESX) and iShares Core S&P Small-Cap ETF (IJR). 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. IJR - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 2.88%, more than IJR's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 2.88% | 3.55% | 9.06% | 16.87% | 5.28% | 3.23% | 13.54% | 8.97% | 1.67% | 1.78% | 11.34% | 2.46% |
IJR iShares Core S&P Small-Cap ETF | 1.23% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.21% | 1.48% | 1.23% | 1.00% |
Drawdowns
FDESX vs. IJR - Drawdown Comparison
The maximum FDESX drawdown since its inception was -62.74%, which is greater than IJR's maximum drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for FDESX and IJR. For additional features, visit the drawdowns tool.
Volatility
FDESX vs. IJR - Volatility Comparison
The current volatility for Fidelity Advisor Diversified Stock Fund Class O (FDESX) is 4.99%, while iShares Core S&P Small-Cap ETF (IJR) has a volatility of 6.07%. This indicates that FDESX experiences smaller price fluctuations and is considered to be less risky than IJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.