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:
-0.90
SPY:
0.28
FSCRX:
-1.17
SPY:
0.54
FSCRX:
0.85
SPY:
1.08
FSCRX:
-0.57
SPY:
0.29
FSCRX:
-1.91
SPY:
1.35
FSCRX:
10.84%
SPY:
4.09%
FSCRX:
23.12%
SPY:
19.64%
FSCRX:
-61.11%
SPY:
-55.19%
FSCRX:
-33.07%
SPY:
-13.98%
Returns By Period
In the year-to-date period, FSCRX achieves a -11.76% return, which is significantly lower than SPY's -10.04% return. Over the past 10 years, FSCRX has underperformed SPY with an annualized return of -2.50%, while SPY has yielded a comparatively higher 11.65% annualized return.
FSCRX
-11.76%
-7.63%
-20.49%
-20.52%
6.55%
-2.50%
SPY
-10.04%
-7.04%
-9.15%
5.72%
14.60%
11.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 0.26%, less than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCRX Fidelity Small Cap Discovery Fund | 0.26% | 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 | 1.36% | 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
The current volatility for Fidelity Small Cap Discovery Fund (FSCRX) is 12.71%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.59%. This indicates that FSCRX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.