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FSCO vs. FSLEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSCO and FSLEX is 0.29, 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.


Performance

FSCO vs. FSLEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FS Credit Opportunities Corp. (FSCO) and Fidelity Environment and Alternative Energy Fund (FSLEX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSCO:

1.20

FSLEX:

0.56

Sortino Ratio

FSCO:

1.62

FSLEX:

0.99

Omega Ratio

FSCO:

1.26

FSLEX:

1.13

Calmar Ratio

FSCO:

1.53

FSLEX:

0.60

Martin Ratio

FSCO:

8.17

FSLEX:

2.04

Ulcer Index

FSCO:

3.34%

FSLEX:

7.08%

Daily Std Dev

FSCO:

23.21%

FSLEX:

24.38%

Max Drawdown

FSCO:

-25.11%

FSLEX:

-50.21%

Current Drawdown

FSCO:

-2.64%

FSLEX:

-3.51%

Returns By Period

In the year-to-date period, FSCO achieves a 6.70% return, which is significantly higher than FSLEX's 2.66% return.


FSCO

YTD

6.70%

1M

7.75%

6M

13.81%

1Y

27.71%

5Y*

N/A

10Y*

N/A

FSLEX

YTD

2.66%

1M

16.13%

6M

1.10%

1Y

13.60%

5Y*

17.56%

10Y*

7.56%

*Annualized

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Risk-Adjusted Performance

FSCO vs. FSLEX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSCO
The Risk-Adjusted Performance Rank of FSCO is 8787
Overall Rank
The Sharpe Ratio Rank of FSCO is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of FSCO is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FSCO is 8484
Omega Ratio Rank
The Calmar Ratio Rank of FSCO is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FSCO is 9393
Martin Ratio Rank

FSLEX
The Risk-Adjusted Performance Rank of FSLEX is 6060
Overall Rank
The Sharpe Ratio Rank of FSLEX is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of FSLEX is 6060
Sortino Ratio Rank
The Omega Ratio Rank of FSLEX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of FSLEX is 6868
Calmar Ratio Rank
The Martin Ratio Rank of FSLEX is 5858
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSCO vs. FSLEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FS Credit Opportunities Corp. (FSCO) and Fidelity Environment and Alternative Energy Fund (FSLEX). 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.


The current FSCO Sharpe Ratio is 1.20, which is higher than the FSLEX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of FSCO and FSLEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FSCO vs. FSLEX - Dividend Comparison

FSCO's dividend yield for the trailing twelve months is around 10.53%, more than FSLEX's 0.38% yield.


TTM20242023202220212020201920182017201620152014
FSCO
FS Credit Opportunities Corp.
10.53%10.47%11.26%1.95%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FSLEX
Fidelity Environment and Alternative Energy Fund
0.38%0.41%0.39%0.69%7.74%6.41%2.17%6.39%6.36%1.29%3.07%14.89%

Drawdowns

FSCO vs. FSLEX - Drawdown Comparison

The maximum FSCO drawdown since its inception was -25.11%, smaller than the maximum FSLEX drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for FSCO and FSLEX. For additional features, visit the drawdowns tool.


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Volatility

FSCO vs. FSLEX - Volatility Comparison

The current volatility for FS Credit Opportunities Corp. (FSCO) is 4.99%, while Fidelity Environment and Alternative Energy Fund (FSLEX) has a volatility of 6.42%. This indicates that FSCO experiences smaller price fluctuations and is considered to be less risky than FSLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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