FSDIX vs. FOCPX
Compare and contrast key facts about Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity OTC Portfolio (FOCPX).
FSDIX is managed by Fidelity. It was launched on Dec 23, 2003. FOCPX is managed by Fidelity. It was launched on Dec 31, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDIX or FOCPX.
Key characteristics
| FSDIX | FOCPX | |
|---|---|---|
| YTD Return | 15.04% | 18.81% |
| 1Y Return | 21.22% | 28.96% |
| 3Y Return (Ann) | 1.31% | 1.66% |
| 5Y Return (Ann) | 5.41% | 12.50% |
| 10Y Return (Ann) | 5.08% | 11.37% |
| Sharpe Ratio | 2.46 | 1.41 |
| Sortino Ratio | 3.38 | 1.77 |
| Omega Ratio | 1.47 | 1.28 |
| Calmar Ratio | 1.33 | 0.62 |
| Martin Ratio | 14.06 | 4.14 |
| Ulcer Index | 1.50% | 7.02% |
| Daily Std Dev | 8.60% | 20.67% |
| Max Drawdown | -58.56% | -94.80% |
| Current Drawdown | -1.05% | -31.37% |
Correlation
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.
Performance
FSDIX vs. FOCPX - Performance Comparison
In the year-to-date period, FSDIX achieves a 15.04% return, which is significantly lower than FOCPX's 18.81% return. Over the past 10 years, FSDIX has underperformed FOCPX with an annualized return of 5.08%, while FOCPX has yielded a comparatively higher 11.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSDIX vs. FOCPX - Expense Ratio Comparison
FSDIX has a 0.68% expense ratio, which is lower than FOCPX's 0.80% expense ratio.
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.
Dividends
FSDIX vs. FOCPX - Dividend Comparison
FSDIX's dividend yield for the trailing twelve months is around 2.57%, more than FOCPX's 0.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDIX Fidelity Strategic Dividend & Income Fund | 2.57% | 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 | 0.05% | 0.05% | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 4.64% | 12.91% | 13.60% |
Drawdowns
FSDIX vs. FOCPX - Drawdown Comparison
The maximum FSDIX drawdown since its inception was -58.56%, smaller than the maximum FOCPX drawdown of -94.80%. Use the drawdown chart below to compare losses from any high point for FSDIX and FOCPX. For additional features, visit the drawdowns tool.
Volatility
FSDIX vs. FOCPX - Volatility Comparison
The current volatility for Fidelity Strategic Dividend & Income Fund (FSDIX) is 2.39%, while Fidelity OTC Portfolio (FOCPX) has a volatility of 5.04%. 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.