PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FSDIX vs. FOCPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FSDIX vs. FOCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity OTC Portfolio (FOCPX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.15%
10.90%
FSDIX
FOCPX

Returns By Period

In the year-to-date period, FSDIX achieves a 14.91% return, which is significantly lower than FOCPX's 30.06% return. Over the past 10 years, FSDIX has underperformed FOCPX with an annualized return of 4.99%, while FOCPX has yielded a comparatively higher 17.49% annualized return.


FSDIX

YTD

14.91%

1M

-0.28%

6M

8.96%

1Y

18.29%

5Y (annualized)

5.31%

10Y (annualized)

4.99%

FOCPX

YTD

30.06%

1M

1.33%

6M

10.85%

1Y

36.08%

5Y (annualized)

19.59%

10Y (annualized)

17.49%

Key characteristics


FSDIXFOCPX
Sharpe Ratio2.151.94
Sortino Ratio2.932.56
Omega Ratio1.401.35
Calmar Ratio1.372.43
Martin Ratio11.947.76
Ulcer Index1.52%4.54%
Daily Std Dev8.43%18.15%
Max Drawdown-58.56%-69.01%
Current Drawdown-1.16%-1.66%

Compare stocks, funds, or ETFs

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


FSDIX vs. FOCPX - Expense Ratio Comparison

FSDIX has a 0.68% expense ratio, which is lower than FOCPX's 0.80% expense ratio.


FOCPX
Fidelity OTC Portfolio
Expense ratio chart for FOCPX: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%
Expense ratio chart for FSDIX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Correlation

-0.50.00.51.00.8

The correlation between FSDIX and FOCPX is 0.77, 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

FSDIX vs. FOCPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity OTC Portfolio (FOCPX). 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 FSDIX, currently valued at 2.15, compared to the broader market-1.000.001.002.003.004.005.002.151.94
The chart of Sortino ratio for FSDIX, currently valued at 2.93, compared to the broader market0.005.0010.002.932.56
The chart of Omega ratio for FSDIX, currently valued at 1.40, compared to the broader market1.002.003.004.001.401.35
The chart of Calmar ratio for FSDIX, currently valued at 1.37, compared to the broader market0.005.0010.0015.0020.0025.001.372.43
The chart of Martin ratio for FSDIX, currently valued at 11.94, compared to the broader market0.0020.0040.0060.0080.00100.0011.947.76
FSDIX
FOCPX

The current FSDIX Sharpe Ratio is 2.15, which is comparable to the FOCPX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of FSDIX and FOCPX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.15
1.94
FSDIX
FOCPX

Dividends

FSDIX vs. FOCPX - Dividend Comparison

FSDIX's dividend yield for the trailing twelve months is around 2.58%, less than FOCPX's 10.56% yield.


TTM20232022202120202019201820172016201520142013
FSDIX
Fidelity Strategic Dividend & Income Fund
2.58%2.81%2.65%2.23%2.65%2.17%3.36%2.71%2.78%4.39%9.15%3.90%
FOCPX
Fidelity OTC Portfolio
10.56%0.05%4.06%11.53%6.23%7.58%7.93%4.86%3.24%5.41%12.91%13.54%

Drawdowns

FSDIX vs. FOCPX - Drawdown Comparison

The maximum FSDIX drawdown since its inception was -58.56%, smaller than the maximum FOCPX drawdown of -69.01%. Use the drawdown chart below to compare losses from any high point for FSDIX and FOCPX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.16%
-1.66%
FSDIX
FOCPX

Volatility

FSDIX vs. FOCPX - Volatility Comparison

The current volatility for Fidelity Strategic Dividend & Income Fund (FSDIX) is 2.24%, while Fidelity OTC Portfolio (FOCPX) has a volatility of 5.67%. This indicates that FSDIX experiences smaller price fluctuations and is considered to be less risky than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.24%
5.67%
FSDIX
FOCPX