FNWFX vs. FSCDX
Compare and contrast key facts about American Funds New World Fund Class F-3 (FNWFX) and Fidelity Advisor Small Cap Fund Class A (FSCDX).
FNWFX is managed by American Funds. It was launched on Jun 17, 1999. FSCDX is managed by Fidelity. It was launched on Sep 9, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNWFX or FSCDX.
Key characteristics
| FNWFX | FSCDX | |
|---|---|---|
| YTD Return | 9.64% | 13.96% |
| 1Y Return | 15.85% | 25.40% |
| 3Y Return (Ann) | -1.21% | 4.19% |
| 5Y Return (Ann) | 7.30% | 11.95% |
| Sharpe Ratio | 1.27 | 1.35 |
| Daily Std Dev | 12.22% | 18.86% |
| Max Drawdown | -33.40% | -49.89% |
| Current Drawdown | -6.05% | -0.80% |
Correlation
The correlation between FNWFX and FSCDX is 0.74, 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
FNWFX vs. FSCDX - Performance Comparison
In the year-to-date period, FNWFX achieves a 9.64% return, which is significantly lower than FSCDX's 13.96% 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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FNWFX vs. FSCDX - Expense Ratio Comparison
FNWFX has a 0.57% expense ratio, which is lower than FSCDX's 1.22% expense ratio.
Risk-Adjusted Performance
FNWFX vs. FSCDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund Class F-3 (FNWFX) and Fidelity Advisor Small Cap Fund Class A (FSCDX). 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
FNWFX vs. FSCDX - Dividend Comparison
FNWFX's dividend yield for the trailing twelve months is around 2.62%, more than FSCDX's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNWFX American Funds New World Fund Class F-3 | 2.62% | 2.88% | 1.33% | 7.32% | 0.43% | 4.04% | 2.70% | 2.27% | 0.00% | 0.00% | 0.00% | 0.00% |
FSCDX Fidelity Advisor Small Cap Fund Class A | 1.19% | 1.36% | 5.36% | 10.98% | 2.70% | 3.97% | 14.60% | 14.03% | 2.35% | 8.39% | 12.96% | 11.93% |
Drawdowns
FNWFX vs. FSCDX - Drawdown Comparison
The maximum FNWFX drawdown since its inception was -33.40%, smaller than the maximum FSCDX drawdown of -49.89%. Use the drawdown chart below to compare losses from any high point for FNWFX and FSCDX. For additional features, visit the drawdowns tool.
Volatility
FNWFX vs. FSCDX - Volatility Comparison
The current volatility for American Funds New World Fund Class F-3 (FNWFX) is 3.74%, while Fidelity Advisor Small Cap Fund Class A (FSCDX) has a volatility of 6.22%. This indicates that FNWFX experiences smaller price fluctuations and is considered to be less risky than FSCDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.