FNCMX vs. DHI
Compare and contrast key facts about Fidelity NASDAQ Composite Index Fund (FNCMX) and D.R. Horton, Inc. (DHI).
FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNCMX or DHI.
Performance
FNCMX vs. DHI - Performance Comparison
Returns By Period
In the year-to-date period, FNCMX achieves a 25.14% return, which is significantly higher than DHI's 7.21% return. Over the past 10 years, FNCMX has underperformed DHI with an annualized return of 15.23%, while DHI has yielded a comparatively higher 21.79% annualized return.
FNCMX
25.14%
1.07%
12.29%
33.09%
17.11%
15.23%
DHI
7.21%
-16.74%
7.11%
27.54%
25.87%
21.79%
Key characteristics
| FNCMX | DHI | |
|---|---|---|
| Sharpe Ratio | 1.90 | 0.84 |
| Sortino Ratio | 2.51 | 1.34 |
| Omega Ratio | 1.34 | 1.18 |
| Calmar Ratio | 2.54 | 1.54 |
| Martin Ratio | 9.53 | 3.43 |
| Ulcer Index | 3.49% | 8.08% |
| Daily Std Dev | 17.52% | 32.84% |
| Max Drawdown | -55.71% | -88.85% |
| Current Drawdown | -3.19% | -17.79% |
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Correlation
The correlation between FNCMX and DHI is 0.52, 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.
Risk-Adjusted Performance
FNCMX vs. DHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Fund (FNCMX) and D.R. Horton, Inc. (DHI). 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
FNCMX vs. DHI - Dividend Comparison
FNCMX's dividend yield for the trailing twelve months is around 0.53%, less than DHI's 0.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNCMX Fidelity NASDAQ Composite Index Fund | 0.53% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% | 0.72% |
DHI D.R. Horton, Inc. | 0.99% | 0.69% | 1.04% | 0.76% | 1.05% | 1.18% | 1.51% | 0.83% | 1.24% | 0.84% | 0.80% | 0.67% |
Drawdowns
FNCMX vs. DHI - Drawdown Comparison
The maximum FNCMX drawdown since its inception was -55.71%, smaller than the maximum DHI drawdown of -88.85%. Use the drawdown chart below to compare losses from any high point for FNCMX and DHI. For additional features, visit the drawdowns tool.
Volatility
FNCMX vs. DHI - Volatility Comparison
The current volatility for Fidelity NASDAQ Composite Index Fund (FNCMX) is 5.77%, while D.R. Horton, Inc. (DHI) has a volatility of 11.26%. This indicates that FNCMX experiences smaller price fluctuations and is considered to be less risky than DHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.