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FNCL vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FNCL and VOO is 0.77, 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.


-0.50.00.51.00.8

Performance

FNCL vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Financials Index ETF (FNCL) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
17.82%
7.93%
FNCL
VOO

Key characteristics

Sharpe Ratio

FNCL:

1.92

VOO:

2.04

Sortino Ratio

FNCL:

2.77

VOO:

2.72

Omega Ratio

FNCL:

1.36

VOO:

1.38

Calmar Ratio

FNCL:

3.82

VOO:

3.02

Martin Ratio

FNCL:

12.95

VOO:

13.60

Ulcer Index

FNCL:

2.23%

VOO:

1.88%

Daily Std Dev

FNCL:

15.05%

VOO:

12.52%

Max Drawdown

FNCL:

-44.38%

VOO:

-33.99%

Current Drawdown

FNCL:

-7.15%

VOO:

-3.52%

Returns By Period

In the year-to-date period, FNCL achieves a 28.77% return, which is significantly higher than VOO's 24.65% return. Over the past 10 years, FNCL has underperformed VOO with an annualized return of 11.15%, while VOO has yielded a comparatively higher 13.02% annualized return.


FNCL

YTD

28.77%

1M

-4.06%

6M

17.82%

1Y

31.14%

5Y*

11.28%

10Y*

11.15%

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FNCL vs. VOO - Expense Ratio Comparison

FNCL has a 0.08% 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%.


FNCL
Fidelity MSCI Financials Index ETF
Expense ratio chart for FNCL: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

FNCL vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Financials Index ETF (FNCL) 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.


Sharpe ratio
The chart of Sharpe ratio for FNCL, currently valued at 1.92, compared to the broader market0.002.004.001.921.98
The chart of Sortino ratio for FNCL, currently valued at 2.77, compared to the broader market-2.000.002.004.006.008.0010.002.772.65
The chart of Omega ratio for FNCL, currently valued at 1.36, compared to the broader market0.501.001.502.002.503.001.361.37
The chart of Calmar ratio for FNCL, currently valued at 3.82, compared to the broader market0.005.0010.0015.003.822.93
The chart of Martin ratio for FNCL, currently valued at 12.95, compared to the broader market0.0020.0040.0060.0080.00100.0012.9513.12
FNCL
VOO

The current FNCL Sharpe Ratio is 1.92, which is comparable to the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of FNCL and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.92
1.98
FNCL
VOO

Dividends

FNCL vs. VOO - Dividend Comparison

FNCL's dividend yield for the trailing twelve months is around 1.14%, less than VOO's 1.26% yield.


TTM20232022202120202019201820172016201520142013
FNCL
Fidelity MSCI Financials Index ETF
1.14%1.91%2.29%1.75%2.26%2.17%2.37%1.60%1.81%2.17%1.77%0.43%
VOO
Vanguard S&P 500 ETF
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

FNCL vs. VOO - Drawdown Comparison

The maximum FNCL drawdown since its inception was -44.38%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FNCL and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.15%
-3.52%
FNCL
VOO

Volatility

FNCL vs. VOO - Volatility Comparison

Fidelity MSCI Financials Index ETF (FNCL) has a higher volatility of 4.77% compared to Vanguard S&P 500 ETF (VOO) at 3.56%. This indicates that FNCL'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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.77%
3.56%
FNCL
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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