FITLX vs. VOO
Compare and contrast key facts about Fidelity US Sustainability Index Fund (FITLX) and Vanguard S&P 500 ETF (VOO).
FITLX is managed by Fidelity. It was launched on May 9, 2017. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FITLX or VOO.
Key characteristics
| FITLX | VOO | |
|---|---|---|
| YTD Return | 18.31% | 18.91% |
| 1Y Return | 28.13% | 28.20% |
| 3Y Return (Ann) | 9.70% | 9.93% |
| 5Y Return (Ann) | 15.61% | 15.31% |
| Sharpe Ratio | 1.98 | 2.21 |
| Daily Std Dev | 14.01% | 12.64% |
| Max Drawdown | -34.35% | -33.99% |
| Current Drawdown | -1.57% | -0.60% |
Correlation
The correlation between FITLX and VOO is 0.98, 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
FITLX vs. VOO - Performance Comparison
The year-to-date returns for both investments are quite close, with FITLX having a 18.31% return and VOO slightly higher at 18.91%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FITLX vs. VOO - Expense Ratio Comparison
FITLX has a 0.11% expense ratio, which is higher than VOO's 0.03% expense ratio. However, 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
FITLX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity US Sustainability Index Fund (FITLX) and Vanguard S&P 500 ETF (VOO). 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
FITLX vs. VOO - Dividend Comparison
FITLX's dividend yield for the trailing twelve months is around 0.95%, less than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FITLX Fidelity US Sustainability Index Fund | 0.95% | 1.12% | 1.49% | 0.99% | 1.01% | 1.41% | 1.58% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FITLX vs. VOO - Drawdown Comparison
The maximum FITLX drawdown since its inception was -34.35%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FITLX and VOO. For additional features, visit the drawdowns tool.
Volatility
FITLX vs. VOO - Volatility Comparison
Fidelity US Sustainability Index Fund (FITLX) has a higher volatility of 4.60% compared to Vanguard S&P 500 ETF (VOO) at 3.83%. This indicates that FITLX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.