FIOOX vs. VIG
Compare and contrast key facts about Fidelity Series Large Cap Value Index Fund (FIOOX) and Vanguard Dividend Appreciation ETF (VIG).
FIOOX is managed by Fidelity. It was launched on Nov 7, 2013. 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: FIOOX or VIG.
Correlation
The correlation between FIOOX and VIG 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.
Performance
FIOOX vs. VIG - Performance Comparison
Key characteristics
FIOOX:
1.19
VIG:
1.88
FIOOX:
1.67
VIG:
2.64
FIOOX:
1.22
VIG:
1.34
FIOOX:
1.29
VIG:
3.78
FIOOX:
5.92
VIG:
11.75
FIOOX:
2.28%
VIG:
1.63%
FIOOX:
11.38%
VIG:
10.20%
FIOOX:
-38.31%
VIG:
-46.81%
FIOOX:
-9.37%
VIG:
-3.60%
Returns By Period
In the year-to-date period, FIOOX achieves a 11.27% return, which is significantly lower than VIG's 17.35% return. Over the past 10 years, FIOOX has underperformed VIG with an annualized return of 8.10%, while VIG has yielded a comparatively higher 11.31% annualized return.
FIOOX
11.27%
-6.62%
4.14%
12.34%
8.18%
8.10%
VIG
17.35%
-1.84%
7.77%
17.96%
11.67%
11.31%
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FIOOX vs. VIG - Expense Ratio Comparison
FIOOX has a 0.00% 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
FIOOX vs. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Large Cap Value Index Fund (FIOOX) 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
FIOOX vs. VIG - Dividend Comparison
FIOOX's dividend yield for the trailing twelve months is around 0.10%, less than VIG's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIOOX Fidelity Series Large Cap Value Index Fund | 0.10% | 2.24% | 2.38% | 1.95% | 2.18% | 2.54% | 2.99% | 2.36% | 1.63% | 3.16% | 5.87% | 0.34% |
VIG Vanguard Dividend Appreciation ETF | 1.27% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
FIOOX vs. VIG - Drawdown Comparison
The maximum FIOOX drawdown since its inception was -38.31%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for FIOOX and VIG. For additional features, visit the drawdowns tool.
Volatility
FIOOX vs. VIG - Volatility Comparison
Fidelity Series Large Cap Value Index Fund (FIOOX) has a higher volatility of 4.75% compared to Vanguard Dividend Appreciation ETF (VIG) at 3.55%. This indicates that FIOOX'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.