FITMX vs. VOO
Compare and contrast key facts about Fidelity SAI International Momentum Index Fund (FITMX) and Vanguard S&P 500 ETF (VOO).
FITMX is managed by Fidelity. It was launched on May 11, 2020. 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: FITMX or VOO.
Correlation
The correlation between FITMX and VOO is 0.73, 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
FITMX vs. VOO - Performance Comparison
Key characteristics
FITMX:
1.02
VOO:
1.81
FITMX:
1.45
VOO:
2.44
FITMX:
1.18
VOO:
1.33
FITMX:
1.48
VOO:
2.74
FITMX:
3.51
VOO:
11.43
FITMX:
4.03%
VOO:
2.02%
FITMX:
13.86%
VOO:
12.77%
FITMX:
-34.68%
VOO:
-33.99%
FITMX:
-2.46%
VOO:
-0.72%
Returns By Period
In the year-to-date period, FITMX achieves a 6.52% return, which is significantly higher than VOO's 3.31% return.
FITMX
6.52%
7.55%
5.64%
13.46%
N/A
N/A
VOO
3.31%
4.26%
12.44%
22.48%
14.26%
13.25%
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FITMX vs. VOO - Expense Ratio Comparison
FITMX has a 0.18% 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
FITMX vs. VOO — Risk-Adjusted Performance Rank
FITMX
VOO
FITMX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International Momentum Index Fund (FITMX) 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
FITMX vs. VOO - Dividend Comparison
FITMX's dividend yield for the trailing twelve months is around 3.28%, more than VOO's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FITMX Fidelity SAI International Momentum Index Fund | 3.28% | 3.50% | 3.39% | 2.42% | 1.93% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FITMX vs. VOO - Drawdown Comparison
The maximum FITMX drawdown since its inception was -34.68%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FITMX and VOO. For additional features, visit the drawdowns tool.
Volatility
FITMX vs. VOO - Volatility Comparison
Fidelity SAI International Momentum Index Fund (FITMX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.24% and 3.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.