FNCL vs. VOOG
Compare and contrast key facts about Fidelity MSCI Financials Index ETF (FNCL) and Vanguard S&P 500 Growth ETF (VOOG).
FNCL and VOOG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FNCL is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Financials Index. It was launched on Oct 21, 2013. VOOG is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 7, 2010. Both FNCL and VOOG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNCL or VOOG.
Key characteristics
| FNCL | VOOG | |
|---|---|---|
| YTD Return | 12.07% | 15.09% |
| 1Y Return | 34.61% | 31.97% |
| 3Y Return (Ann) | 6.03% | 9.78% |
| 5Y Return (Ann) | 11.28% | 15.78% |
| 10Y Return (Ann) | 11.11% | 14.64% |
| Sharpe Ratio | 2.71 | 2.39 |
| Daily Std Dev | 13.10% | 13.96% |
| Max Drawdown | -44.38% | -32.73% |
| Current Drawdown | 0.00% | -0.46% |
Correlation
The correlation between FNCL and VOOG is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FNCL vs. VOOG - Performance Comparison
In the year-to-date period, FNCL achieves a 12.07% return, which is significantly lower than VOOG's 15.09% return. Over the past 10 years, FNCL has underperformed VOOG with an annualized return of 11.11%, while VOOG has yielded a comparatively higher 14.64% annualized 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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FNCL vs. VOOG - Expense Ratio Comparison
FNCL has a 0.08% expense ratio, which is lower than VOOG's 0.10% expense ratio. Despite the difference, 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
FNCL vs. VOOG - 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 Growth ETF (VOOG). 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
FNCL vs. VOOG - Dividend Comparison
FNCL's dividend yield for the trailing twelve months is around 1.68%, more than VOOG's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNCL Fidelity MSCI Financials Index ETF | 1.68% | 1.91% | 2.29% | 1.75% | 2.26% | 2.17% | 2.37% | 1.60% | 1.81% | 2.17% | 1.77% | 0.43% |
VOOG Vanguard S&P 500 Growth ETF | 0.86% | 1.12% | 0.93% | 0.53% | 0.88% | 1.26% | 1.34% | 1.32% | 1.47% | 1.56% | 1.28% | 1.46% |
Drawdowns
FNCL vs. VOOG - Drawdown Comparison
The maximum FNCL drawdown since its inception was -44.38%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for FNCL and VOOG. For additional features, visit the drawdowns tool.
Volatility
FNCL vs. VOOG - Volatility Comparison
The current volatility for Fidelity MSCI Financials Index ETF (FNCL) is 2.96%, while Vanguard S&P 500 Growth ETF (VOOG) has a volatility of 5.12%. This indicates that FNCL experiences smaller price fluctuations and is considered to be less risky than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.