FISR vs. FDFIX
Compare and contrast key facts about SPDR SSGA Fixed Income Sector Rotation ETF (FISR) and Fidelity Flex 500 Index Fund (FDFIX).
FISR is an actively managed fund by State Street. It was launched on Apr 2, 2019. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISR or FDFIX.
Key characteristics
| FISR | FDFIX | |
|---|---|---|
| YTD Return | -1.86% | 9.28% |
| 1Y Return | -0.12% | 27.36% |
| 3Y Return (Ann) | -4.11% | 8.72% |
| 5Y Return (Ann) | -0.79% | 14.49% |
| Sharpe Ratio | -0.09 | 2.36 |
| Daily Std Dev | 7.09% | 11.60% |
| Max Drawdown | -20.27% | -33.77% |
| Current Drawdown | -14.42% | -1.17% |
Correlation
The correlation between FISR and FDFIX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FISR vs. FDFIX - Performance Comparison
In the year-to-date period, FISR achieves a -1.86% return, which is significantly lower than FDFIX's 9.28% 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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FISR vs. FDFIX - Expense Ratio Comparison
FISR has a 0.50% expense ratio, which is higher than FDFIX's 0.00% expense ratio.
Risk-Adjusted Performance
FISR vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA Fixed Income Sector Rotation ETF (FISR) and Fidelity Flex 500 Index Fund (FDFIX). 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
FISR vs. FDFIX - Dividend Comparison
FISR's dividend yield for the trailing twelve months is around 3.63%, more than FDFIX's 1.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FISR SPDR SSGA Fixed Income Sector Rotation ETF | 3.63% | 3.50% | 2.19% | 1.87% | 2.47% | 2.99% | 0.00% | 0.00% |
FDFIX Fidelity Flex 500 Index Fund | 1.36% | 1.48% | 1.70% | 1.27% | 1.52% | 1.78% | 2.16% | 0.92% |
Drawdowns
FISR vs. FDFIX - Drawdown Comparison
The maximum FISR drawdown since its inception was -20.27%, smaller than the maximum FDFIX drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for FISR and FDFIX. For additional features, visit the drawdowns tool.
Volatility
FISR vs. FDFIX - Volatility Comparison
The current volatility for SPDR SSGA Fixed Income Sector Rotation ETF (FISR) is 2.11%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 4.10%. This indicates that FISR experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.