FSCRX vs. SPY
Compare and contrast key facts about Fidelity Small Cap Discovery Fund (FSCRX) and SPDR S&P 500 ETF (SPY).
FSCRX is managed by Fidelity. It was launched on Sep 26, 2000. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSCRX or SPY.
Correlation
The correlation between FSCRX and SPY is 0.83, 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.
Performance
FSCRX vs. SPY - Performance Comparison
Key characteristics
FSCRX:
-0.26
SPY:
1.88
FSCRX:
-0.21
SPY:
2.52
FSCRX:
0.97
SPY:
1.34
FSCRX:
-0.21
SPY:
2.88
FSCRX:
-0.55
SPY:
11.98
FSCRX:
9.16%
SPY:
2.02%
FSCRX:
19.83%
SPY:
12.78%
FSCRX:
-61.11%
SPY:
-55.19%
FSCRX:
-20.53%
SPY:
-1.30%
Returns By Period
In the year-to-date period, FSCRX achieves a 4.76% return, which is significantly higher than SPY's 2.69% return. Over the past 10 years, FSCRX has underperformed SPY with an annualized return of -0.50%, while SPY has yielded a comparatively higher 13.37% annualized return.
FSCRX
4.76%
4.76%
1.10%
-4.71%
2.54%
-0.50%
SPY
2.69%
2.69%
13.66%
24.60%
15.11%
13.37%
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FSCRX vs. SPY - Expense Ratio Comparison
FSCRX has a 0.98% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FSCRX vs. SPY — Risk-Adjusted Performance Rank
FSCRX
SPY
FSCRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Discovery Fund (FSCRX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
FSCRX's dividend yield for the trailing twelve months is around 0.22%, less than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCRX Fidelity Small Cap Discovery Fund | 0.22% | 0.23% | 0.11% | 0.19% | 0.09% | 0.40% | 0.80% | 1.14% | 0.63% | 0.44% | 7.89% | 0.28% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FSCRX vs. SPY - Drawdown Comparison
The maximum FSCRX drawdown since its inception was -61.11%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FSCRX and SPY. For additional features, visit the drawdowns tool.
Volatility
FSCRX vs. SPY - Volatility Comparison
Fidelity Small Cap Discovery Fund (FSCRX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.98% and 3.95%, 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.