FSAEX vs. VOO
Compare and contrast key facts about Fidelity Series All-Sector Equity Fund (FSAEX) and Vanguard S&P 500 ETF (VOO).
FSAEX is managed by Fidelity. It was launched on Oct 17, 2008. 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: FSAEX or VOO.
Correlation
The correlation between FSAEX and VOO is 0.97, 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
FSAEX vs. VOO - Performance Comparison
Key characteristics
FSAEX:
1.13
VOO:
2.04
FSAEX:
1.50
VOO:
2.72
FSAEX:
1.22
VOO:
1.38
FSAEX:
0.81
VOO:
3.02
FSAEX:
6.90
VOO:
13.60
FSAEX:
2.45%
VOO:
1.88%
FSAEX:
14.95%
VOO:
12.52%
FSAEX:
-50.00%
VOO:
-33.99%
FSAEX:
-9.95%
VOO:
-3.52%
Returns By Period
In the year-to-date period, FSAEX achieves a 16.06% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, FSAEX has underperformed VOO with an annualized return of 1.02%, while VOO has yielded a comparatively higher 13.02% annualized return.
FSAEX
16.06%
-6.44%
0.56%
16.17%
4.95%
1.02%
VOO
24.65%
-0.29%
7.63%
24.77%
14.57%
13.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSAEX vs. VOO - Expense Ratio Comparison
FSAEX has a 0.00% expense ratio, which is lower than VOO's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FSAEX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series All-Sector Equity Fund (FSAEX) 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
FSAEX vs. VOO - Dividend Comparison
FSAEX's dividend yield for the trailing twelve months is around 0.07%, less than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSAEX Fidelity Series All-Sector Equity Fund | 0.07% | 1.27% | 1.48% | 1.18% | 1.45% | 1.75% | 2.58% | 1.49% | 1.50% | 3.89% | 11.83% | 10.21% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FSAEX vs. VOO - Drawdown Comparison
The maximum FSAEX drawdown since its inception was -50.00%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FSAEX and VOO. For additional features, visit the drawdowns tool.
Volatility
FSAEX vs. VOO - Volatility Comparison
Fidelity Series All-Sector Equity Fund (FSAEX) has a higher volatility of 6.77% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that FSAEX'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.