FSAZX vs. AOR
Compare and contrast key facts about Fidelity Arizona Municipal Income Fund (FSAZX) and iShares Core Growth Allocation ETF (AOR).
FSAZX is managed by Fidelity. It was launched on Oct 11, 1994. AOR is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Growth Index. It was launched on Nov 4, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSAZX or AOR.
Correlation
The correlation between FSAZX and AOR is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FSAZX vs. AOR - Performance Comparison
Key characteristics
FSAZX:
0.82
AOR:
1.72
FSAZX:
1.11
AOR:
2.42
FSAZX:
1.17
AOR:
1.31
FSAZX:
0.48
AOR:
3.16
FSAZX:
2.50
AOR:
9.48
FSAZX:
1.04%
AOR:
1.45%
FSAZX:
3.18%
AOR:
7.99%
FSAZX:
-13.81%
AOR:
-24.44%
FSAZX:
-2.00%
AOR:
0.00%
Returns By Period
In the year-to-date period, FSAZX achieves a 0.31% return, which is significantly lower than AOR's 3.61% return. Over the past 10 years, FSAZX has underperformed AOR with an annualized return of 1.91%, while AOR has yielded a comparatively higher 6.40% annualized return.
FSAZX
0.31%
0.75%
0.33%
2.70%
0.41%
1.91%
AOR
3.61%
2.88%
4.34%
13.32%
6.44%
6.40%
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FSAZX vs. AOR - Expense Ratio Comparison
FSAZX has a 0.55% expense ratio, which is higher than AOR's 0.25% expense ratio.
Risk-Adjusted Performance
FSAZX vs. AOR — Risk-Adjusted Performance Rank
FSAZX
AOR
FSAZX vs. AOR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Arizona Municipal Income Fund (FSAZX) and iShares Core Growth Allocation ETF (AOR). 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
FSAZX vs. AOR - Dividend Comparison
FSAZX's dividend yield for the trailing twelve months is around 2.57%, which matches AOR's 2.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSAZX Fidelity Arizona Municipal Income Fund | 2.57% | 2.58% | 2.43% | 2.27% | 2.00% | 2.18% | 2.35% | 2.53% | 2.53% | 2.76% | 3.97% | 3.27% |
AOR iShares Core Growth Allocation ETF | 2.56% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% | 2.11% |
Drawdowns
FSAZX vs. AOR - Drawdown Comparison
The maximum FSAZX drawdown since its inception was -13.81%, smaller than the maximum AOR drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for FSAZX and AOR. For additional features, visit the drawdowns tool.
Volatility
FSAZX vs. AOR - Volatility Comparison
The current volatility for Fidelity Arizona Municipal Income Fund (FSAZX) is 0.95%, while iShares Core Growth Allocation ETF (AOR) has a volatility of 2.06%. This indicates that FSAZX experiences smaller price fluctuations and is considered to be less risky than AOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.