FDSSX vs. QQQ
Compare and contrast key facts about Fidelity Stock Selector All Cap Fund (FDSSX) and Invesco QQQ (QQQ).
FDSSX is managed by Fidelity. It was launched on Sep 28, 1990. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDSSX or QQQ.
Correlation
The correlation between FDSSX and QQQ is 0.86, 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
FDSSX vs. QQQ - Performance Comparison
Key characteristics
FDSSX:
1.02
QQQ:
1.37
FDSSX:
1.37
QQQ:
1.86
FDSSX:
1.20
QQQ:
1.25
FDSSX:
1.55
QQQ:
1.84
FDSSX:
4.40
QQQ:
6.35
FDSSX:
3.22%
QQQ:
3.92%
FDSSX:
13.90%
QQQ:
18.24%
FDSSX:
-56.46%
QQQ:
-82.98%
FDSSX:
-4.90%
QQQ:
0.00%
Returns By Period
In the year-to-date period, FDSSX achieves a 3.90% return, which is significantly lower than QQQ's 5.53% return. Over the past 10 years, FDSSX has underperformed QQQ with an annualized return of 9.11%, while QQQ has yielded a comparatively higher 18.38% annualized return.
FDSSX
3.90%
1.87%
5.44%
15.51%
11.18%
9.11%
QQQ
5.53%
3.41%
12.16%
27.01%
19.41%
18.38%
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FDSSX vs. QQQ - Expense Ratio Comparison
FDSSX has a 0.68% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FDSSX vs. QQQ — Risk-Adjusted Performance Rank
FDSSX
QQQ
FDSSX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Stock Selector All Cap Fund (FDSSX) and Invesco QQQ (QQQ). 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
FDSSX vs. QQQ - Dividend Comparison
FDSSX's dividend yield for the trailing twelve months is around 0.83%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDSSX Fidelity Stock Selector All Cap Fund | 0.83% | 0.86% | 0.71% | 0.36% | 0.06% | 0.81% | 0.92% | 0.83% | 0.68% | 0.80% | 0.68% | 12.41% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FDSSX vs. QQQ - Drawdown Comparison
The maximum FDSSX drawdown since its inception was -56.46%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FDSSX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FDSSX vs. QQQ - Volatility Comparison
The current volatility for Fidelity Stock Selector All Cap Fund (FDSSX) is 3.87%, while Invesco QQQ (QQQ) has a volatility of 4.69%. This indicates that FDSSX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.