FFIDX vs. SPY
Compare and contrast key facts about Fidelity Fund (FFIDX) and SPDR S&P 500 ETF (SPY).
FFIDX is managed by Fidelity. It was launched on Apr 30, 1930. 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: FFIDX or SPY.
Correlation
The correlation between FFIDX and SPY is 0.93, 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
FFIDX vs. SPY - Performance Comparison
Key characteristics
FFIDX:
-0.26
SPY:
-0.03
FFIDX:
-0.21
SPY:
0.06
FFIDX:
0.97
SPY:
1.01
FFIDX:
-0.23
SPY:
-0.03
FFIDX:
-0.99
SPY:
-0.13
FFIDX:
5.00%
SPY:
3.49%
FFIDX:
19.24%
SPY:
15.82%
FFIDX:
-55.18%
SPY:
-55.19%
FFIDX:
-21.37%
SPY:
-17.46%
Returns By Period
In the year-to-date period, FFIDX achieves a -16.69% return, which is significantly lower than SPY's -13.68% return. Over the past 10 years, FFIDX has underperformed SPY with an annualized return of 7.00%, while SPY has yielded a comparatively higher 11.09% annualized return.
FFIDX
-16.69%
-12.62%
-14.84%
-6.44%
11.77%
7.00%
SPY
-13.68%
-12.16%
-10.60%
-1.47%
14.70%
11.09%
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FFIDX vs. SPY - Expense Ratio Comparison
FFIDX has a 0.45% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FFIDX vs. SPY — Risk-Adjusted Performance Rank
FFIDX
SPY
FFIDX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fund (FFIDX) 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
FFIDX vs. SPY - Dividend Comparison
FFIDX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFIDX Fidelity Fund | 0.00% | 0.00% | 0.66% | 0.67% | 0.26% | 0.75% | 0.83% | 1.08% | 1.00% | 1.06% | 5.15% | 12.31% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FFIDX vs. SPY - Drawdown Comparison
The maximum FFIDX drawdown since its inception was -55.18%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FFIDX and SPY. For additional features, visit the drawdowns tool.
Volatility
FFIDX vs. SPY - Volatility Comparison
Fidelity Fund (FFIDX) has a higher volatility of 10.55% compared to SPDR S&P 500 ETF (SPY) at 9.22%. This indicates that FFIDX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.