FIWGX vs. DGRO
Compare and contrast key facts about Strategic Advisers Fidelity Core Income Fund (FIWGX) and iShares Core Dividend Growth ETF (DGRO).
FIWGX is managed by Fidelity. It was launched on Oct 16, 2018. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIWGX or DGRO.
Key characteristics
| FIWGX | DGRO | |
|---|---|---|
| YTD Return | -0.70% | 9.38% |
| 1Y Return | 3.08% | 19.91% |
| 3Y Return (Ann) | -2.26% | 7.67% |
| 5Y Return (Ann) | 1.09% | 12.16% |
| Sharpe Ratio | 0.50 | 2.10 |
| Daily Std Dev | 6.63% | 9.78% |
| Max Drawdown | -17.83% | -35.10% |
| Current Drawdown | -9.26% | 0.00% |
Correlation
The correlation between FIWGX and DGRO is 0.01, 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
FIWGX vs. DGRO - Performance Comparison
In the year-to-date period, FIWGX achieves a -0.70% return, which is significantly lower than DGRO's 9.38% 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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FIWGX vs. DGRO - Expense Ratio Comparison
FIWGX has a 0.46% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
FIWGX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Fidelity Core Income Fund (FIWGX) and iShares Core Dividend Growth ETF (DGRO). 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
FIWGX vs. DGRO - Dividend Comparison
FIWGX's dividend yield for the trailing twelve months is around 4.01%, more than DGRO's 2.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FIWGX Strategic Advisers Fidelity Core Income Fund | 4.01% | 3.78% | 2.98% | 2.08% | 6.66% | 4.29% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.27% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
FIWGX vs. DGRO - Drawdown Comparison
The maximum FIWGX drawdown since its inception was -17.83%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for FIWGX and DGRO. For additional features, visit the drawdowns tool.
Volatility
FIWGX vs. DGRO - Volatility Comparison
The current volatility for Strategic Advisers Fidelity Core Income Fund (FIWGX) is 1.37%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 2.26%. This indicates that FIWGX experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.