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

Performance

FSDIX vs. VCITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Strategic Dividend & Income Fund (FSDIX) and Vanguard California Long-Term Tax-Exempt Fund Investor Shares (VCITX). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
10.15%
3.65%
FSDIX
VCITX

Returns By Period

In the year-to-date period, FSDIX achieves a 14.91% return, which is significantly higher than VCITX's 2.34% return. Over the past 10 years, FSDIX has outperformed VCITX with an annualized return of 4.99%, while VCITX has yielded a comparatively lower 2.65% annualized return.


FSDIX

YTD

14.91%

1M

-0.28%

6M

8.96%

1Y

18.29%

5Y (annualized)

5.31%

10Y (annualized)

4.99%

VCITX

YTD

2.34%

1M

0.02%

6M

3.29%

1Y

7.52%

5Y (annualized)

1.15%

10Y (annualized)

2.65%

Key characteristics


FSDIXVCITX
Sharpe Ratio2.152.01
Sortino Ratio2.933.00
Omega Ratio1.401.46
Calmar Ratio1.370.89
Martin Ratio11.948.01
Ulcer Index1.52%0.97%
Daily Std Dev8.43%3.89%
Max Drawdown-58.56%-19.44%
Current Drawdown-1.16%-1.87%

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. VCITX - Expense Ratio Comparison

FSDIX has a 0.68% expense ratio, which is higher than VCITX's 0.17% expense ratio.


FSDIX
Fidelity Strategic Dividend & Income Fund
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%
Expense ratio chart for VCITX: current value at 0.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.17%

Correlation

-0.50.00.51.0-0.1

The correlation between FSDIX and VCITX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Risk-Adjusted Performance

FSDIX vs. VCITX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Dividend & Income Fund (FSDIX) and Vanguard California Long-Term Tax-Exempt Fund Investor Shares (VCITX). 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-1.000.001.002.003.004.005.002.152.01
The chart of Sortino ratio for FSDIX, currently valued at 2.93, compared to the broader market0.005.0010.002.933.00
The chart of Omega ratio for FSDIX, currently valued at 1.40, compared to the broader market1.002.003.004.001.401.46
The chart of Calmar ratio for FSDIX, currently valued at 1.37, compared to the broader market0.005.0010.0015.0020.0025.001.370.89
The chart of Martin ratio for FSDIX, currently valued at 11.94, compared to the broader market0.0020.0040.0060.0080.00100.0011.948.01
FSDIX
VCITX

The current FSDIX Sharpe Ratio is 2.15, which is comparable to the VCITX Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of FSDIX and VCITX, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.15
2.01
FSDIX
VCITX

Dividends

FSDIX vs. VCITX - Dividend Comparison

FSDIX's dividend yield for the trailing twelve months is around 2.58%, less than VCITX's 3.24% 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%
VCITX
Vanguard California Long-Term Tax-Exempt Fund Investor Shares
3.24%2.99%2.66%2.34%2.56%2.93%3.32%3.22%3.45%3.53%3.64%4.00%

Drawdowns

FSDIX vs. VCITX - Drawdown Comparison

The maximum FSDIX drawdown since its inception was -58.56%, which is greater than VCITX's maximum drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for FSDIX and VCITX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.16%
-1.87%
FSDIX
VCITX

Volatility

FSDIX vs. VCITX - Volatility Comparison

Fidelity Strategic Dividend & Income Fund (FSDIX) has a higher volatility of 2.24% compared to Vanguard California Long-Term Tax-Exempt Fund Investor Shares (VCITX) at 1.90%. This indicates that FSDIX's price experiences larger fluctuations and is considered to be riskier than VCITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
2.24%
1.90%
FSDIX
VCITX