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.
Correlation
The correlation between FDMLX and VOO is 0.81, 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
Key characteristics
FDMLX:
0.44
VOO:
2.22
FDMLX:
0.71
VOO:
2.95
FDMLX:
1.09
VOO:
1.42
FDMLX:
0.55
VOO:
3.27
FDMLX:
2.07
VOO:
14.57
FDMLX:
3.20%
VOO:
1.90%
FDMLX:
15.28%
VOO:
12.47%
FDMLX:
-35.03%
VOO:
-33.99%
FDMLX:
-11.07%
VOO:
-1.77%
Returns By Period
In the year-to-date period, FDMLX achieves a 5.85% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, FDMLX has underperformed VOO with an annualized return of 10.68%, while VOO has yielded a comparatively higher 13.12% annualized return.
FDMLX
5.85%
-9.94%
-1.51%
6.24%
11.90%
10.68%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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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 1.27%, 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 | 1.27% | 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 5.29% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. 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.