FPURX vs. SPY
Compare and contrast key facts about Fidelity Puritan Fund (FPURX) and SPDR S&P 500 ETF (SPY).
FPURX is managed by Fidelity. It was launched on Apr 16, 1947. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPURX or SPY.
Correlation
The correlation between FPURX and SPY is 0.90, 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
FPURX vs. SPY - Performance Comparison
Key characteristics
FPURX:
-0.26
SPY:
0.32
FPURX:
-0.24
SPY:
0.51
FPURX:
0.96
SPY:
1.07
FPURX:
-0.21
SPY:
0.39
FPURX:
-0.71
SPY:
1.52
FPURX:
4.90%
SPY:
3.13%
FPURX:
13.31%
SPY:
14.74%
FPURX:
-33.59%
SPY:
-55.19%
FPURX:
-14.40%
SPY:
-12.17%
Returns By Period
In the year-to-date period, FPURX achieves a -2.98% return, which is significantly higher than SPY's -8.15% return. Over the past 10 years, FPURX has underperformed SPY with an annualized return of 3.08%, while SPY has yielded a comparatively higher 11.89% annualized return.
FPURX
-2.98%
-2.51%
-9.65%
-2.97%
5.64%
3.08%
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
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FPURX vs. SPY - Expense Ratio Comparison
FPURX has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FPURX vs. SPY — Risk-Adjusted Performance Rank
FPURX
SPY
FPURX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Puritan Fund (FPURX) and SPDR S&P 500 ETF (SPY). 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
FPURX vs. SPY - Dividend Comparison
FPURX's dividend yield for the trailing twelve months is around 1.80%, more than SPY's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPURX Fidelity Puritan Fund | 1.80% | 1.75% | 1.71% | 1.62% | 1.01% | 1.09% | 1.52% | 1.83% | 1.33% | 1.75% | 7.94% | 9.74% |
SPY SPDR S&P 500 ETF | 1.34% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FPURX vs. SPY - Drawdown Comparison
The maximum FPURX drawdown since its inception was -33.59%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FPURX and SPY. For additional features, visit the drawdowns tool.
Volatility
FPURX vs. SPY - Volatility Comparison
The current volatility for Fidelity Puritan Fund (FPURX) is 4.19%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.47%. This indicates that FPURX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.