FNCMX vs. VOO
Compare and contrast key facts about Fidelity NASDAQ Composite Index Fund (FNCMX) and Vanguard S&P 500 ETF (VOO).
FNCMX is managed by Fidelity. 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: FNCMX or VOO.
Performance
FNCMX vs. VOO - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FNCMX having a 25.14% return and VOO slightly lower at 24.51%. Over the past 10 years, FNCMX has outperformed VOO with an annualized return of 15.21%, while VOO has yielded a comparatively lower 13.12% annualized return.
FNCMX
25.14%
1.74%
12.29%
33.21%
17.15%
15.21%
VOO
24.51%
0.61%
11.38%
32.00%
15.30%
13.12%
Key characteristics
| FNCMX | VOO | |
|---|---|---|
| Sharpe Ratio | 1.90 | 2.64 |
| Sortino Ratio | 2.51 | 3.53 |
| Omega Ratio | 1.34 | 1.49 |
| Calmar Ratio | 2.54 | 3.81 |
| Martin Ratio | 9.53 | 17.34 |
| Ulcer Index | 3.49% | 1.86% |
| Daily Std Dev | 17.52% | 12.20% |
| Max Drawdown | -55.71% | -33.99% |
| Current Drawdown | -3.19% | -2.16% |
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FNCMX vs. VOO - Expense Ratio Comparison
FNCMX has a 0.29% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between FNCMX and VOO is 0.92, 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.
Risk-Adjusted Performance
FNCMX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Fund (FNCMX) 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
FNCMX vs. VOO - Dividend Comparison
FNCMX's dividend yield for the trailing twelve months is around 0.53%, less than VOO's 1.26% 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% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FNCMX vs. VOO - Drawdown Comparison
The maximum FNCMX drawdown since its inception was -55.71%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FNCMX and VOO. For additional features, visit the drawdowns tool.
Volatility
FNCMX vs. VOO - Volatility Comparison
Fidelity NASDAQ Composite Index Fund (FNCMX) has a higher volatility of 5.77% compared to Vanguard S&P 500 ETF (VOO) at 4.09%. This indicates that FNCMX'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.