FSAHX vs. DGRO
Compare and contrast key facts about Fidelity Short Duration High Income Fund (FSAHX) and iShares Core Dividend Growth ETF (DGRO).
FSAHX is managed by Fidelity. It was launched on Nov 5, 2013. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSAHX or DGRO.
Performance
FSAHX vs. DGRO - Performance Comparison
Returns By Period
In the year-to-date period, FSAHX achieves a 7.73% return, which is significantly lower than DGRO's 19.02% return. Over the past 10 years, FSAHX has underperformed DGRO with an annualized return of 3.67%, while DGRO has yielded a comparatively higher 11.79% annualized return.
FSAHX
7.73%
0.13%
4.77%
11.32%
3.78%
3.67%
DGRO
19.02%
-1.42%
8.82%
26.74%
11.68%
11.79%
Key characteristics
| FSAHX | DGRO | |
|---|---|---|
| Sharpe Ratio | 4.38 | 2.83 |
| Sortino Ratio | 8.02 | 3.98 |
| Omega Ratio | 2.30 | 1.52 |
| Calmar Ratio | 9.93 | 4.82 |
| Martin Ratio | 42.10 | 18.65 |
| Ulcer Index | 0.27% | 1.45% |
| Daily Std Dev | 2.54% | 9.55% |
| Max Drawdown | -16.77% | -35.10% |
| Current Drawdown | -0.33% | -1.89% |
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FSAHX vs. DGRO - Expense Ratio Comparison
FSAHX has a 0.75% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Correlation
The correlation between FSAHX and DGRO is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
FSAHX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Short Duration High Income Fund (FSAHX) and iShares Core Dividend Growth ETF (DGRO). 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
FSAHX vs. DGRO - Dividend Comparison
FSAHX's dividend yield for the trailing twelve months is around 6.19%, more than DGRO's 2.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FSAHX Fidelity Short Duration High Income Fund | 6.19% | 5.97% | 4.35% | 3.39% | 3.48% | 4.23% | 4.51% | 4.11% | 4.31% | 4.83% | 3.61% |
DGRO iShares Core Dividend Growth ETF | 2.19% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
FSAHX vs. DGRO - Drawdown Comparison
The maximum FSAHX drawdown since its inception was -16.77%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for FSAHX and DGRO. For additional features, visit the drawdowns tool.
Volatility
FSAHX vs. DGRO - Volatility Comparison
The current volatility for Fidelity Short Duration High Income Fund (FSAHX) is 0.61%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 3.29%. This indicates that FSAHX experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.