FIQLX vs. SPY
Compare and contrast key facts about Fidelity Advisor Japan Fund Class Z (FIQLX) and SPDR S&P 500 ETF (SPY).
FIQLX is managed by Fidelity. It was launched on Oct 2, 2018. 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: FIQLX or SPY.
Correlation
The correlation between FIQLX and SPY is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FIQLX vs. SPY - Performance Comparison
Key characteristics
FIQLX:
0.44
SPY:
1.88
FIQLX:
0.72
SPY:
2.53
FIQLX:
1.09
SPY:
1.35
FIQLX:
0.33
SPY:
2.83
FIQLX:
1.50
SPY:
11.74
FIQLX:
5.85%
SPY:
2.02%
FIQLX:
19.90%
SPY:
12.64%
FIQLX:
-41.09%
SPY:
-55.19%
FIQLX:
-18.25%
SPY:
-0.42%
Returns By Period
The year-to-date returns for both stocks are quite close, with FIQLX having a 4.20% return and SPY slightly lower at 4.15%.
FIQLX
4.20%
4.01%
-2.01%
8.59%
3.58%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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FIQLX vs. SPY - Expense Ratio Comparison
FIQLX has a 0.96% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FIQLX vs. SPY — Risk-Adjusted Performance Rank
FIQLX
SPY
FIQLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Japan Fund Class Z (FIQLX) 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
FIQLX vs. SPY - Dividend Comparison
FIQLX's dividend yield for the trailing twelve months is around 2.69%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIQLX Fidelity Advisor Japan Fund Class Z | 2.69% | 2.81% | 1.00% | 0.00% | 3.50% | 0.70% | 0.81% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FIQLX vs. SPY - Drawdown Comparison
The maximum FIQLX drawdown since its inception was -41.09%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FIQLX and SPY. For additional features, visit the drawdowns tool.
Volatility
FIQLX vs. SPY - Volatility Comparison
Fidelity Advisor Japan Fund Class Z (FIQLX) has a higher volatility of 4.09% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that FIQLX'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.