FIFVX vs. ^GSPC
Compare and contrast key facts about Fidelity Advisor Founders Fund Class I (FIFVX) and S&P 500 (^GSPC).
FIFVX is managed by Fidelity. It was launched on Feb 14, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIFVX or ^GSPC.
Correlation
The correlation between FIFVX and ^GSPC is 0.89, 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
FIFVX vs. ^GSPC - Performance Comparison
Key characteristics
FIFVX:
1.22
^GSPC:
1.62
FIFVX:
1.69
^GSPC:
2.20
FIFVX:
1.22
^GSPC:
1.30
FIFVX:
1.98
^GSPC:
2.46
FIFVX:
6.42
^GSPC:
10.01
FIFVX:
3.36%
^GSPC:
2.08%
FIFVX:
17.69%
^GSPC:
12.88%
FIFVX:
-34.78%
^GSPC:
-56.78%
FIFVX:
-5.66%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, FIFVX achieves a 2.70% return, which is significantly higher than ^GSPC's 2.24% return.
FIFVX
2.70%
-3.07%
8.70%
18.75%
14.07%
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
FIFVX vs. ^GSPC — Risk-Adjusted Performance Rank
FIFVX
^GSPC
FIFVX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Founders Fund Class I (FIFVX) and S&P 500 (^GSPC). 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.
Drawdowns
FIFVX vs. ^GSPC - Drawdown Comparison
The maximum FIFVX drawdown since its inception was -34.78%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FIFVX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FIFVX vs. ^GSPC - Volatility Comparison
Fidelity Advisor Founders Fund Class I (FIFVX) has a higher volatility of 5.44% compared to S&P 500 (^GSPC) at 3.43%. This indicates that FIFVX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.