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.
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.
Performance
FNCMX vs. VOO - Performance Comparison
Key characteristics
FNCMX:
0.40
VOO:
0.69
FNCMX:
0.65
VOO:
0.99
FNCMX:
1.09
VOO:
1.13
FNCMX:
0.57
VOO:
0.95
FNCMX:
1.56
VOO:
3.15
FNCMX:
5.17%
VOO:
3.03%
FNCMX:
20.04%
VOO:
13.88%
FNCMX:
-55.71%
VOO:
-33.99%
FNCMX:
-12.62%
VOO:
-7.62%
Returns By Period
In the year-to-date period, FNCMX achieves a -8.71% return, which is significantly lower than VOO's -3.36% return. Over the past 10 years, FNCMX has outperformed VOO with an annualized return of 14.13%, while VOO has yielded a comparatively lower 12.62% annualized return.
FNCMX
-8.71%
-4.02%
-1.55%
9.07%
20.11%
14.13%
VOO
-3.36%
-3.02%
-0.09%
10.26%
19.78%
12.62%
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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.
Risk-Adjusted Performance
FNCMX vs. VOO — Risk-Adjusted Performance Rank
FNCMX
VOO
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 0.66%, less than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNCMX Fidelity NASDAQ Composite Index Fund | 0.66% | 0.61% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
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 8.06% compared to Vanguard S&P 500 ETF (VOO) at 5.70%. 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.