Correlation
The correlation between FITGX and SVOL is 0.72, 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.
FITGX vs. SVOL
Compare and contrast key facts about Fidelity Advisor International Growth Fund Class M (FITGX) and Simplify Volatility Premium ETF (SVOL).
FITGX is managed by Fidelity. It was launched on Nov 1, 2007. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FITGX or SVOL.
Performance
FITGX vs. SVOL - Performance Comparison
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Key characteristics
FITGX:
0.46
SVOL:
-0.16
FITGX:
0.60
SVOL:
-0.01
FITGX:
1.08
SVOL:
1.00
FITGX:
0.37
SVOL:
-0.20
FITGX:
1.37
SVOL:
-0.77
FITGX:
4.48%
SVOL:
8.79%
FITGX:
18.65%
SVOL:
37.20%
FITGX:
-55.82%
SVOL:
-33.50%
FITGX:
-0.83%
SVOL:
-11.70%
Returns By Period
In the year-to-date period, FITGX achieves a 9.91% return, which is significantly higher than SVOL's -7.17% return.
FITGX
9.91%
5.96%
6.81%
8.53%
9.62%
8.50%
6.73%
SVOL
-7.17%
10.19%
-9.79%
-5.91%
8.93%
N/A
N/A
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FITGX vs. SVOL - Expense Ratio Comparison
FITGX has a 1.55% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
FITGX vs. SVOL — Risk-Adjusted Performance Rank
FITGX
SVOL
FITGX vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Growth Fund Class M (FITGX) and Simplify Volatility Premium ETF (SVOL). 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.
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Dividends
FITGX vs. SVOL - Dividend Comparison
FITGX's dividend yield for the trailing twelve months is around 0.33%, less than SVOL's 18.77% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FITGX Fidelity Advisor International Growth Fund Class M | 0.33% | 0.37% | 0.00% | 1.47% | 1.52% | 0.00% | 0.42% | 0.27% | 0.15% | 0.66% | 0.16% | 0.11% |
SVOL Simplify Volatility Premium ETF | 18.77% | 16.79% | 16.36% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FITGX vs. SVOL - Drawdown Comparison
The maximum FITGX drawdown since its inception was -55.82%, which is greater than SVOL's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for FITGX and SVOL.
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Volatility
FITGX vs. SVOL - Volatility Comparison
The current volatility for Fidelity Advisor International Growth Fund Class M (FITGX) is 3.84%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 17.56%. This indicates that FITGX experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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