FDFAX vs. WATFX
Compare and contrast key facts about Fidelity Select Consumer Staples Portfolio (FDFAX) and Western Asset Core Bond Fund (WATFX).
FDFAX is managed by Fidelity Investments. It was launched on Jul 28, 1985. WATFX is managed by Franklin Templeton. It was launched on Sep 4, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDFAX or WATFX.
Key characteristics
| FDFAX | WATFX | |
|---|---|---|
| YTD Return | 11.31% | 4.51% |
| 1Y Return | 12.15% | 10.99% |
| 3Y Return (Ann) | 6.82% | -3.13% |
| 5Y Return (Ann) | 9.33% | -0.07% |
| 10Y Return (Ann) | 7.21% | 2.03% |
| Sharpe Ratio | 1.01 | 1.44 |
| Daily Std Dev | 11.77% | 7.34% |
| Max Drawdown | -38.01% | -90.39% |
| Current Drawdown | -0.41% | -73.74% |
Correlation
The correlation between FDFAX and WATFX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FDFAX vs. WATFX - Performance Comparison
In the year-to-date period, FDFAX achieves a 11.31% return, which is significantly higher than WATFX's 4.51% return. Over the past 10 years, FDFAX has outperformed WATFX with an annualized return of 7.21%, while WATFX has yielded a comparatively lower 2.03% 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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FDFAX vs. WATFX - Expense Ratio Comparison
FDFAX has a 0.73% expense ratio, which is higher than WATFX's 0.46% expense ratio.
Risk-Adjusted Performance
FDFAX vs. WATFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Consumer Staples Portfolio (FDFAX) and Western Asset Core Bond Fund (WATFX). 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
FDFAX vs. WATFX - Dividend Comparison
FDFAX's dividend yield for the trailing twelve months is around 5.39%, more than WATFX's 3.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDFAX Fidelity Select Consumer Staples Portfolio | 5.39% | 5.13% | 3.34% | 10.73% | 3.16% | 2.78% | 14.36% | 8.82% | 4.71% | 9.30% | 5.91% | 9.48% |
WATFX Western Asset Core Bond Fund | 3.93% | 3.69% | 2.90% | 2.35% | 3.91% | 3.64% | 2.94% | 2.35% | 2.54% | 2.73% | 2.94% | 2.83% |
Drawdowns
FDFAX vs. WATFX - Drawdown Comparison
The maximum FDFAX drawdown since its inception was -38.01%, smaller than the maximum WATFX drawdown of -90.39%. Use the drawdown chart below to compare losses from any high point for FDFAX and WATFX. For additional features, visit the drawdowns tool.
Volatility
FDFAX vs. WATFX - Volatility Comparison
Fidelity Select Consumer Staples Portfolio (FDFAX) has a higher volatility of 2.31% compared to Western Asset Core Bond Fund (WATFX) at 1.17%. This indicates that FDFAX's price experiences larger fluctuations and is considered to be riskier than WATFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.