FPBFX vs. SWPPX
Compare and contrast key facts about Fidelity Pacific Basin Fund (FPBFX) and Schwab S&P 500 Index Fund (SWPPX).
FPBFX is managed by Fidelity. It was launched on Oct 1, 1986. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPBFX or SWPPX.
Key characteristics
| FPBFX | SWPPX | |
|---|---|---|
| YTD Return | 16.22% | 27.13% |
| 1Y Return | 20.17% | 39.87% |
| 3Y Return (Ann) | -8.76% | 10.27% |
| 5Y Return (Ann) | 1.54% | 15.99% |
| 10Y Return (Ann) | 3.94% | 13.41% |
| Sharpe Ratio | 1.14 | 3.11 |
| Sortino Ratio | 1.66 | 4.13 |
| Omega Ratio | 1.21 | 1.58 |
| Calmar Ratio | 0.48 | 4.58 |
| Martin Ratio | 6.17 | 20.69 |
| Ulcer Index | 3.19% | 1.87% |
| Daily Std Dev | 17.36% | 12.45% |
| Max Drawdown | -68.30% | -55.06% |
| Current Drawdown | -26.95% | 0.00% |
Correlation
The correlation between FPBFX and SWPPX 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.
Performance
FPBFX vs. SWPPX - Performance Comparison
In the year-to-date period, FPBFX achieves a 16.22% return, which is significantly lower than SWPPX's 27.13% return. Over the past 10 years, FPBFX has underperformed SWPPX with an annualized return of 3.94%, while SWPPX has yielded a comparatively higher 13.41% annualized 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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FPBFX vs. SWPPX - Expense Ratio Comparison
FPBFX has a 1.04% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
FPBFX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Pacific Basin Fund (FPBFX) and Schwab S&P 500 Index Fund (SWPPX). 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
FPBFX vs. SWPPX - Dividend Comparison
FPBFX's dividend yield for the trailing twelve months is around 0.72%, less than SWPPX's 1.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPBFX Fidelity Pacific Basin Fund | 0.72% | 0.84% | 0.00% | 3.04% | 0.22% | 0.75% | 0.74% | 0.65% | 0.65% | 6.36% | 7.55% | 15.42% |
SWPPX Schwab S&P 500 Index Fund | 1.13% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
FPBFX vs. SWPPX - Drawdown Comparison
The maximum FPBFX drawdown since its inception was -68.30%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FPBFX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
FPBFX vs. SWPPX - Volatility Comparison
Fidelity Pacific Basin Fund (FPBFX) has a higher volatility of 4.77% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.91%. This indicates that FPBFX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.