FDIVX vs. SPYG
Compare and contrast key facts about Fidelity Diversified International Fund (FDIVX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
FDIVX is managed by Fidelity. It was launched on Dec 27, 1991. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDIVX or SPYG.
Performance
FDIVX vs. SPYG - Performance Comparison
Returns By Period
In the year-to-date period, FDIVX achieves a 8.38% return, which is significantly lower than SPYG's 31.96% return. Over the past 10 years, FDIVX has underperformed SPYG with an annualized return of 6.06%, while SPYG has yielded a comparatively higher 14.88% annualized return.
FDIVX
8.38%
-4.79%
-1.18%
14.67%
6.45%
6.06%
SPYG
31.96%
1.16%
13.97%
38.05%
17.36%
14.88%
Key characteristics
| FDIVX | SPYG | |
|---|---|---|
| Sharpe Ratio | 1.11 | 2.23 |
| Sortino Ratio | 1.61 | 2.91 |
| Omega Ratio | 1.20 | 1.41 |
| Calmar Ratio | 0.94 | 2.82 |
| Martin Ratio | 6.07 | 11.85 |
| Ulcer Index | 2.65% | 3.21% |
| Daily Std Dev | 14.51% | 17.07% |
| Max Drawdown | -59.98% | -67.79% |
| Current Drawdown | -6.94% | -2.43% |
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FDIVX vs. SPYG - Expense Ratio Comparison
FDIVX has a 1.01% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Correlation
The correlation between FDIVX and SPYG is 0.71, 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.
Risk-Adjusted Performance
FDIVX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund (FDIVX) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
FDIVX vs. SPYG - Dividend Comparison
FDIVX's dividend yield for the trailing twelve months is around 1.58%, more than SPYG's 0.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIVX Fidelity Diversified International Fund | 1.58% | 1.71% | 0.38% | 1.17% | 0.04% | 1.32% | 1.35% | 1.08% | 1.15% | 2.23% | 4.97% | 2.36% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.66% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
FDIVX vs. SPYG - Drawdown Comparison
The maximum FDIVX drawdown since its inception was -59.98%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for FDIVX and SPYG. For additional features, visit the drawdowns tool.
Volatility
FDIVX vs. SPYG - Volatility Comparison
The current volatility for Fidelity Diversified International Fund (FDIVX) is 3.63%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.50%. This indicates that FDIVX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.