FDFIX vs. AAPL
Compare and contrast key facts about Fidelity Flex 500 Index Fund (FDFIX) and Apple Inc. (AAPL).
FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDFIX or AAPL.
Key characteristics
| FDFIX | AAPL | |
|---|---|---|
| YTD Return | 11.80% | -1.12% |
| 1Y Return | 28.26% | 9.04% |
| 3Y Return (Ann) | 10.42% | 15.67% |
| 5Y Return (Ann) | 15.07% | 33.04% |
| Sharpe Ratio | 2.55 | 0.52 |
| Daily Std Dev | 11.57% | 20.23% |
| Max Drawdown | -33.77% | -81.80% |
| Current Drawdown | -0.09% | -3.91% |
Correlation
The correlation between FDFIX and AAPL is 0.72, 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
FDFIX vs. AAPL - Performance Comparison
In the year-to-date period, FDFIX achieves a 11.80% return, which is significantly higher than AAPL's -1.12% 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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Risk-Adjusted Performance
FDFIX vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex 500 Index Fund (FDFIX) and Apple Inc. (AAPL). 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
FDFIX vs. AAPL - Dividend Comparison
FDFIX's dividend yield for the trailing twelve months is around 1.33%, more than AAPL's 0.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDFIX Fidelity Flex 500 Index Fund | 1.33% | 1.48% | 1.70% | 1.27% | 1.52% | 1.78% | 2.16% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% |
AAPL Apple Inc. | 0.51% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
FDFIX vs. AAPL - Drawdown Comparison
The maximum FDFIX drawdown since its inception was -33.77%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for FDFIX and AAPL. For additional features, visit the drawdowns tool.
Volatility
FDFIX vs. AAPL - Volatility Comparison
The current volatility for Fidelity Flex 500 Index Fund (FDFIX) is 3.38%, while Apple Inc. (AAPL) has a volatility of 7.38%. This indicates that FDFIX experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.