FOKFX vs. VIIIX
Compare and contrast key facts about Fidelity OTC K6 Portfolio (FOKFX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
FOKFX is managed by Fidelity. It was launched on Jun 13, 2019. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOKFX or VIIIX.
Key characteristics
| FOKFX | VIIIX | |
|---|---|---|
| YTD Return | 28.64% | 26.59% |
| 1Y Return | 35.26% | 33.05% |
| 3Y Return (Ann) | 6.56% | 8.06% |
| 5Y Return (Ann) | 18.64% | 13.62% |
| Sharpe Ratio | 2.08 | 2.89 |
| Sortino Ratio | 2.72 | 3.86 |
| Omega Ratio | 1.37 | 1.54 |
| Calmar Ratio | 2.60 | 4.22 |
| Martin Ratio | 7.80 | 18.74 |
| Ulcer Index | 4.85% | 1.90% |
| Daily Std Dev | 18.24% | 12.34% |
| Max Drawdown | -37.76% | -55.18% |
| Current Drawdown | -2.00% | -0.26% |
Correlation
The correlation between FOKFX and VIIIX is 0.91, 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
FOKFX vs. VIIIX - Performance Comparison
In the year-to-date period, FOKFX achieves a 28.64% return, which is significantly higher than VIIIX's 26.59% 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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FOKFX vs. VIIIX - Expense Ratio Comparison
FOKFX has a 0.50% expense ratio, which is higher than VIIIX's 0.02% expense ratio.
Risk-Adjusted Performance
FOKFX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity OTC K6 Portfolio (FOKFX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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
FOKFX vs. VIIIX - Dividend Comparison
FOKFX's dividend yield for the trailing twelve months is around 0.21%, less than VIIIX's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOKFX Fidelity OTC K6 Portfolio | 0.21% | 0.24% | 0.08% | 0.00% | 0.07% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 1.26% | 1.49% | 1.75% | 1.30% | 1.60% | 1.93% | 2.14% | 1.84% | 2.09% | 2.47% | 1.90% | 1.87% |
Drawdowns
FOKFX vs. VIIIX - Drawdown Comparison
The maximum FOKFX drawdown since its inception was -37.76%, smaller than the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for FOKFX and VIIIX. For additional features, visit the drawdowns tool.
Volatility
FOKFX vs. VIIIX - Volatility Comparison
Fidelity OTC K6 Portfolio (FOKFX) has a higher volatility of 5.02% compared to Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) at 3.75%. This indicates that FOKFX's price experiences larger fluctuations and is considered to be riskier than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.