FDMLX vs. USNQX
Compare and contrast key facts about Fidelity Series Intrinsic Opportunities Fund (FDMLX) and USAA Nasdaq 100 Index Fund (USNQX).
FDMLX is managed by Fidelity. It was launched on Dec 6, 2012. USNQX is managed by Victory Capital. It was launched on Oct 27, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDMLX or USNQX.
Key characteristics
| FDMLX | USNQX | |
|---|---|---|
| YTD Return | 16.84% | 25.67% |
| 1Y Return | 32.43% | 33.94% |
| 3Y Return (Ann) | 10.41% | 6.09% |
| 5Y Return (Ann) | 15.30% | 18.45% |
| 10Y Return (Ann) | 12.03% | 16.34% |
| Sharpe Ratio | 2.15 | 1.91 |
| Sortino Ratio | 3.05 | 2.56 |
| Omega Ratio | 1.38 | 1.35 |
| Calmar Ratio | 3.90 | 2.47 |
| Martin Ratio | 12.54 | 8.97 |
| Ulcer Index | 2.60% | 3.74% |
| Daily Std Dev | 15.14% | 17.52% |
| Max Drawdown | -35.03% | -74.36% |
| Current Drawdown | -1.02% | -0.23% |
Correlation
The correlation between FDMLX and USNQX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDMLX vs. USNQX - Performance Comparison
In the year-to-date period, FDMLX achieves a 16.84% return, which is significantly lower than USNQX's 25.67% return. Over the past 10 years, FDMLX has underperformed USNQX with an annualized return of 12.03%, while USNQX has yielded a comparatively higher 16.34% 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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FDMLX vs. USNQX - Expense Ratio Comparison
FDMLX has a 0.00% expense ratio, which is lower than USNQX's 0.42% expense ratio.
Risk-Adjusted Performance
FDMLX vs. USNQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Intrinsic Opportunities Fund (FDMLX) and USAA Nasdaq 100 Index Fund (USNQX). 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
FDMLX vs. USNQX - Dividend Comparison
FDMLX's dividend yield for the trailing twelve months is around 1.88%, more than USNQX's 0.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDMLX Fidelity Series Intrinsic Opportunities Fund | 1.88% | 2.40% | 3.06% | 2.57% | 2.40% | 3.20% | 2.73% | 1.57% | 1.27% | 7.44% | 5.77% | 3.70% |
USNQX USAA Nasdaq 100 Index Fund | 0.46% | 0.58% | 0.28% | 0.24% | 0.37% | 0.55% | 0.65% | 0.46% | 0.50% | 0.62% | 0.21% | 0.28% |
Drawdowns
FDMLX vs. USNQX - Drawdown Comparison
The maximum FDMLX drawdown since its inception was -35.03%, smaller than the maximum USNQX drawdown of -74.36%. Use the drawdown chart below to compare losses from any high point for FDMLX and USNQX. For additional features, visit the drawdowns tool.
Volatility
FDMLX vs. USNQX - Volatility Comparison
Fidelity Series Intrinsic Opportunities Fund (FDMLX) has a higher volatility of 5.68% compared to USAA Nasdaq 100 Index Fund (USNQX) at 5.10%. This indicates that FDMLX's price experiences larger fluctuations and is considered to be riskier than USNQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.