FSCRX vs. NASDX
Compare and contrast key facts about Fidelity Small Cap Discovery Fund (FSCRX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX).
FSCRX is managed by Fidelity. It was launched on Sep 26, 2000. NASDX is a passively managed fund by Blackrock that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 18, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSCRX or NASDX.
Performance
FSCRX vs. NASDX - Performance Comparison
Returns By Period
In the year-to-date period, FSCRX achieves a 1.32% return, which is significantly lower than NASDX's 23.89% return. Over the past 10 years, FSCRX has underperformed NASDX with an annualized return of -0.44%, while NASDX has yielded a comparatively higher 15.04% annualized return.
FSCRX
1.32%
4.01%
-2.11%
9.01%
3.16%
-0.44%
NASDX
23.89%
3.57%
10.65%
21.29%
16.12%
15.04%
Key characteristics
| FSCRX | NASDX | |
|---|---|---|
| Sharpe Ratio | 0.45 | 1.12 |
| Sortino Ratio | 0.71 | 1.50 |
| Omega Ratio | 1.10 | 1.22 |
| Calmar Ratio | 0.37 | 1.41 |
| Martin Ratio | 1.16 | 5.22 |
| Ulcer Index | 7.78% | 4.08% |
| Daily Std Dev | 20.14% | 19.04% |
| Max Drawdown | -61.11% | -81.69% |
| Current Drawdown | -15.50% | -1.58% |
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FSCRX vs. NASDX - Expense Ratio Comparison
FSCRX has a 0.98% expense ratio, which is higher than NASDX's 0.63% expense ratio.
Correlation
The correlation between FSCRX and NASDX is 0.72, 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.
Risk-Adjusted Performance
FSCRX vs. NASDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Discovery Fund (FSCRX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). 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
FSCRX vs. NASDX - Dividend Comparison
FSCRX's dividend yield for the trailing twelve months is around 0.11%, less than NASDX's 0.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCRX Fidelity Small Cap Discovery Fund | 0.11% | 0.11% | 0.19% | 0.09% | 0.40% | 0.80% | 1.14% | 0.63% | 0.44% | 7.89% | 0.28% | 0.11% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 0.38% | 0.45% | 0.50% | 0.15% | 0.37% | 0.47% | 0.94% | 1.35% | 0.75% | 0.86% | 1.02% | 0.72% |
Drawdowns
FSCRX vs. NASDX - Drawdown Comparison
The maximum FSCRX drawdown since its inception was -61.11%, smaller than the maximum NASDX drawdown of -81.69%. Use the drawdown chart below to compare losses from any high point for FSCRX and NASDX. For additional features, visit the drawdowns tool.
Volatility
FSCRX vs. NASDX - Volatility Comparison
Fidelity Small Cap Discovery Fund (FSCRX) has a higher volatility of 6.78% compared to Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) at 5.33%. This indicates that FSCRX's price experiences larger fluctuations and is considered to be riskier than NASDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.