FDMLX vs. VOO
Compare and contrast key facts about Fidelity Series Intrinsic Opportunities Fund (FDMLX) and Vanguard S&P 500 ETF (VOO).
FDMLX is managed by Fidelity. It was launched on Dec 6, 2012. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDMLX or VOO.
Key characteristics
| FDMLX | VOO | |
|---|---|---|
| YTD Return | 16.84% | 26.88% |
| 1Y Return | 32.43% | 37.59% |
| 3Y Return (Ann) | 10.41% | 10.23% |
| 5Y Return (Ann) | 15.30% | 15.93% |
| 10Y Return (Ann) | 12.03% | 13.41% |
| Sharpe Ratio | 2.15 | 3.06 |
| Sortino Ratio | 3.05 | 4.08 |
| Omega Ratio | 1.38 | 1.58 |
| Calmar Ratio | 3.90 | 4.43 |
| Martin Ratio | 12.54 | 20.25 |
| Ulcer Index | 2.60% | 1.85% |
| Daily Std Dev | 15.14% | 12.23% |
| Max Drawdown | -35.03% | -33.99% |
| Current Drawdown | -1.02% | -0.30% |
Correlation
The correlation between FDMLX and VOO is 0.82, 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
FDMLX vs. VOO - Performance Comparison
In the year-to-date period, FDMLX achieves a 16.84% return, which is significantly lower than VOO's 26.88% return. Over the past 10 years, FDMLX has underperformed VOO with an annualized return of 12.03%, while VOO has yielded a comparatively higher 13.41% 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. VOO - Expense Ratio Comparison
FDMLX has a 0.00% expense ratio, which is lower than VOO's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FDMLX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Intrinsic Opportunities Fund (FDMLX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FDMLX's dividend yield for the trailing twelve months is around 1.88%, more than VOO's 1.23% 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% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FDMLX vs. VOO - Drawdown Comparison
The maximum FDMLX drawdown since its inception was -35.03%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FDMLX and VOO. For additional features, visit the drawdowns tool.
Volatility
FDMLX vs. VOO - Volatility Comparison
Fidelity Series Intrinsic Opportunities Fund (FDMLX) has a higher volatility of 5.68% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that FDMLX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.