FEPIX vs. SPY
Compare and contrast key facts about Fidelity Total Bond Fund (FEPIX) and SPDR S&P 500 ETF (SPY).
FEPIX is managed by Fidelity. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEPIX or SPY.
Correlation
The correlation between FEPIX and SPY is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FEPIX vs. SPY - Performance Comparison
Key characteristics
FEPIX:
0.33
SPY:
2.21
FEPIX:
0.50
SPY:
2.93
FEPIX:
1.06
SPY:
1.41
FEPIX:
0.16
SPY:
3.26
FEPIX:
1.02
SPY:
14.43
FEPIX:
1.71%
SPY:
1.90%
FEPIX:
5.29%
SPY:
12.41%
FEPIX:
-18.31%
SPY:
-55.19%
FEPIX:
-6.53%
SPY:
-2.74%
Returns By Period
In the year-to-date period, FEPIX achieves a 2.17% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, FEPIX has underperformed SPY with an annualized return of 1.90%, while SPY has yielded a comparatively higher 12.97% annualized return.
FEPIX
2.17%
-0.63%
1.38%
2.38%
0.24%
1.90%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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FEPIX vs. SPY - Expense Ratio Comparison
FEPIX has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FEPIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond Fund (FEPIX) and SPDR S&P 500 ETF (SPY). 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
FEPIX vs. SPY - Dividend Comparison
FEPIX's dividend yield for the trailing twelve months is around 3.95%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEPIX Fidelity Total Bond Fund | 3.95% | 4.09% | 3.28% | 2.16% | 2.47% | 2.88% | 3.13% | 2.69% | 2.92% | 3.65% | 3.09% | 3.87% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FEPIX vs. SPY - Drawdown Comparison
The maximum FEPIX drawdown since its inception was -18.31%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FEPIX and SPY. For additional features, visit the drawdowns tool.
Volatility
FEPIX vs. SPY - Volatility Comparison
The current volatility for Fidelity Total Bond Fund (FEPIX) is 1.56%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that FEPIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.