FFNOX vs. NTSX
Compare and contrast key facts about Fidelity Multi-Asset Index Fund (FFNOX) and WisdomTree U.S. Efficient Core Fund (NTSX).
FFNOX is managed by Fidelity. It was launched on Jun 29, 1999. NTSX is an actively managed fund by WisdomTree. It was launched on Aug 2, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFNOX or NTSX.
Performance
FFNOX vs. NTSX - Performance Comparison
Returns By Period
In the year-to-date period, FFNOX achieves a 11.43% return, which is significantly lower than NTSX's 20.38% return.
FFNOX
11.43%
-2.01%
5.14%
18.80%
9.30%
8.81%
NTSX
20.38%
-0.47%
10.60%
29.16%
11.54%
N/A
Key characteristics
| FFNOX | NTSX | |
|---|---|---|
| Sharpe Ratio | 1.83 | 2.37 |
| Sortino Ratio | 2.49 | 3.23 |
| Omega Ratio | 1.34 | 1.41 |
| Calmar Ratio | 2.47 | 1.87 |
| Martin Ratio | 10.20 | 15.42 |
| Ulcer Index | 1.89% | 1.91% |
| Daily Std Dev | 10.56% | 12.45% |
| Max Drawdown | -48.68% | -31.34% |
| Current Drawdown | -2.49% | -2.43% |
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FFNOX vs. NTSX - Expense Ratio Comparison
FFNOX has a 0.11% expense ratio, which is lower than NTSX's 0.20% 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%.
Correlation
The correlation between FFNOX and NTSX is 0.91, 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.
Risk-Adjusted Performance
FFNOX vs. NTSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Multi-Asset Index Fund (FFNOX) and WisdomTree U.S. Efficient Core Fund (NTSX). 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
FFNOX vs. NTSX - Dividend Comparison
FFNOX's dividend yield for the trailing twelve months is around 1.87%, more than NTSX's 1.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFNOX Fidelity Multi-Asset Index Fund | 1.87% | 3.83% | 2.04% | 1.87% | 1.59% | 2.25% | 2.25% | 1.86% | 2.09% | 2.50% | 4.56% | 3.75% |
NTSX WisdomTree U.S. Efficient Core Fund | 1.07% | 1.21% | 1.36% | 0.82% | 0.92% | 1.53% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFNOX vs. NTSX - Drawdown Comparison
The maximum FFNOX drawdown since its inception was -48.68%, which is greater than NTSX's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for FFNOX and NTSX. For additional features, visit the drawdowns tool.
Volatility
FFNOX vs. NTSX - Volatility Comparison
The current volatility for Fidelity Multi-Asset Index Fund (FFNOX) is 2.87%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 3.90%. This indicates that FFNOX experiences smaller price fluctuations and is considered to be less risky than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.