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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.


-0.50.00.51.00.3

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.

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
96.25%
47.59%
FSCO
FSLEX

Key characteristics

Sharpe Ratio

FSCO:

1.91

FSLEX:

1.48

Sortino Ratio

FSCO:

2.70

FSLEX:

2.01

Omega Ratio

FSCO:

1.34

FSLEX:

1.26

Calmar Ratio

FSCO:

3.49

FSLEX:

2.04

Martin Ratio

FSCO:

12.49

FSLEX:

9.38

Ulcer Index

FSCO:

2.46%

FSLEX:

2.62%

Daily Std Dev

FSCO:

16.10%

FSLEX:

16.60%

Max Drawdown

FSCO:

-25.11%

FSLEX:

-50.21%

Current Drawdown

FSCO:

0.00%

FSLEX:

-4.34%

Returns By Period

In the year-to-date period, FSCO achieves a 33.69% return, which is significantly higher than FSLEX's 21.84% return.


FSCO

YTD

33.69%

1M

4.92%

6M

11.69%

1Y

32.52%

5Y*

N/A

10Y*

N/A

FSLEX

YTD

21.84%

1M

0.90%

6M

11.00%

1Y

22.77%

5Y*

12.48%

10Y*

10.93%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for FSCO, currently valued at 1.91, compared to the broader market-4.00-2.000.002.001.911.48
The chart of Sortino ratio for FSCO, currently valued at 2.70, compared to the broader market-4.00-2.000.002.004.002.702.01
The chart of Omega ratio for FSCO, currently valued at 1.34, compared to the broader market0.501.001.502.001.341.26
The chart of Calmar ratio for FSCO, currently valued at 3.49, compared to the broader market0.002.004.006.003.492.58
The chart of Martin ratio for FSCO, currently valued at 12.49, compared to the broader market-5.000.005.0010.0015.0020.0025.0012.499.38
FSCO
FSLEX

The current FSCO Sharpe Ratio is 1.91, which is comparable to the FSLEX Sharpe Ratio of 1.48. 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.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.91
1.48
FSCO
FSLEX

Dividends

FSCO vs. FSLEX - Dividend Comparison

FSCO's dividend yield for the trailing twelve months is around 9.59%, more than FSLEX's 0.02% yield.


TTM20232022202120202019201820172016201520142013
FSCO
FS Credit Opportunities Corp.
9.59%11.22%1.95%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FSLEX
Fidelity Environment and Alternative Energy Fund
0.02%0.39%0.69%0.28%0.87%0.86%1.00%0.83%0.71%3.07%14.89%0.76%

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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-4.34%
FSCO
FSLEX

Volatility

FSCO vs. FSLEX - Volatility Comparison

FS Credit Opportunities Corp. (FSCO) and Fidelity Environment and Alternative Energy Fund (FSLEX) have volatilities of 5.69% and 5.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.69%
5.46%
FSCO
FSLEX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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