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.
Key characteristics
| FDIVX | SPYG | |
|---|---|---|
| YTD Return | 11.49% | 23.89% |
| 1Y Return | 19.47% | 32.06% |
| 3Y Return (Ann) | -0.13% | 7.36% |
| 5Y Return (Ann) | 8.01% | 16.61% |
| 10Y Return (Ann) | 6.20% | 14.51% |
| Sharpe Ratio | 1.32 | 1.89 |
| Daily Std Dev | 14.40% | 16.80% |
| Max Drawdown | -59.98% | -67.79% |
| Current Drawdown | -2.37% | -4.45% |
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.
Performance
FDIVX vs. SPYG - Performance Comparison
In the year-to-date period, FDIVX achieves a 11.49% return, which is significantly lower than SPYG's 23.89% return. Over the past 10 years, FDIVX has underperformed SPYG with an annualized return of 6.20%, while SPYG has yielded a comparatively higher 14.51% 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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FDIVX vs. SPYG - Expense Ratio Comparison
FDIVX has a 1.01% expense ratio, which is higher than SPYG's 0.04% expense ratio.
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 3.85%, more than SPYG's 0.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIVX Fidelity Diversified International Fund | 3.85% | 4.29% | 1.34% | 10.59% | 0.97% | 1.32% | 7.32% | 5.30% | 1.36% | 2.23% | 4.97% | 2.36% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.54% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 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 4.33%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.49%. 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.