FDESX vs. SPHQ
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Invesco S&P 500® Quality ETF (SPHQ).
FDESX is managed by Fidelity. It was launched on Jul 10, 1970. SPHQ is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Quality Rankings Index. It was launched on Dec 6, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDESX or SPHQ.
Correlation
The correlation between FDESX and SPHQ is 0.87, 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. SPHQ - Performance Comparison
Key characteristics
FDESX:
0.36
SPHQ:
2.02
FDESX:
0.55
SPHQ:
2.79
FDESX:
1.09
SPHQ:
1.36
FDESX:
0.42
SPHQ:
4.03
FDESX:
1.20
SPHQ:
13.49
FDESX:
5.70%
SPHQ:
1.84%
FDESX:
18.97%
SPHQ:
12.34%
FDESX:
-62.75%
SPHQ:
-57.83%
FDESX:
-13.79%
SPHQ:
-1.53%
Returns By Period
In the year-to-date period, FDESX achieves a 1.45% return, which is significantly lower than SPHQ's 4.62% return. Over the past 10 years, FDESX has underperformed SPHQ with an annualized return of 5.33%, while SPHQ has yielded a comparatively higher 13.31% annualized return.
FDESX
1.45%
-4.29%
-5.18%
3.88%
6.85%
5.33%
SPHQ
4.62%
0.66%
6.89%
21.32%
16.04%
13.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDESX vs. SPHQ - Expense Ratio Comparison
FDESX has a 0.45% expense ratio, which is higher than SPHQ's 0.15% expense ratio.
Risk-Adjusted Performance
FDESX vs. SPHQ — Risk-Adjusted Performance Rank
FDESX
SPHQ
FDESX vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Invesco S&P 500® Quality ETF (SPHQ). 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. SPHQ - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 0.56%, less than SPHQ's 1.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 0.56% | 0.57% | 0.57% | 0.87% | 0.59% | 0.52% | 0.82% | 0.82% | 1.36% | 1.63% | 1.78% | 11.34% |
SPHQ Invesco S&P 500® Quality ETF | 1.10% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
Drawdowns
FDESX vs. SPHQ - Drawdown Comparison
The maximum FDESX drawdown since its inception was -62.75%, which is greater than SPHQ's maximum drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for FDESX and SPHQ. For additional features, visit the drawdowns tool.
Volatility
FDESX vs. SPHQ - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class O (FDESX) has a higher volatility of 5.06% compared to Invesco S&P 500® Quality ETF (SPHQ) at 2.78%. This indicates that FDESX's price experiences larger fluctuations and is considered to be riskier than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.