FIMVX vs. VIG
Compare and contrast key facts about Fidelity Mid Cap Value Index Fund (FIMVX) and Vanguard Dividend Appreciation ETF (VIG).
FIMVX is managed by Fidelity. It was launched on Jul 11, 2019. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIMVX or VIG.
Key characteristics
| FIMVX | VIG | |
|---|---|---|
| YTD Return | 17.56% | 19.08% |
| 1Y Return | 29.20% | 25.89% |
| 3Y Return (Ann) | 5.28% | 8.23% |
| 5Y Return (Ann) | 10.11% | 12.60% |
| Sharpe Ratio | 2.28 | 2.66 |
| Sortino Ratio | 3.15 | 3.73 |
| Omega Ratio | 1.39 | 1.49 |
| Calmar Ratio | 2.63 | 5.18 |
| Martin Ratio | 13.20 | 17.23 |
| Ulcer Index | 2.26% | 1.53% |
| Daily Std Dev | 13.07% | 9.89% |
| Max Drawdown | -43.61% | -46.81% |
| Current Drawdown | -1.76% | -1.40% |
Correlation
The correlation between FIMVX and VIG is 0.88, 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
FIMVX vs. VIG - Performance Comparison
In the year-to-date period, FIMVX achieves a 17.56% return, which is significantly lower than VIG's 19.08% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIMVX vs. VIG - Expense Ratio Comparison
FIMVX has a 0.05% expense ratio, which is lower than VIG's 0.06% 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%.
Risk-Adjusted Performance
FIMVX vs. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value Index Fund (FIMVX) and Vanguard Dividend Appreciation ETF (VIG). 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
FIMVX vs. VIG - Dividend Comparison
FIMVX's dividend yield for the trailing twelve months is around 1.73%, more than VIG's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMVX Fidelity Mid Cap Value Index Fund | 1.73% | 1.89% | 2.00% | 1.45% | 1.23% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIG Vanguard Dividend Appreciation ETF | 1.71% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
FIMVX vs. VIG - Drawdown Comparison
The maximum FIMVX drawdown since its inception was -43.61%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for FIMVX and VIG. For additional features, visit the drawdowns tool.
Volatility
FIMVX vs. VIG - Volatility Comparison
Fidelity Mid Cap Value Index Fund (FIMVX) has a higher volatility of 3.90% compared to Vanguard Dividend Appreciation ETF (VIG) at 3.53%. This indicates that FIMVX's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.