FSDIX vs. VCITX
Compare and contrast key facts about Fidelity Strategic Dividend & Income Fund (FSDIX) and Vanguard California Long-Term Tax-Exempt Fund Investor Shares (VCITX).
FSDIX is managed by Fidelity. It was launched on Dec 23, 2003. VCITX is managed by Vanguard. It was launched on Apr 7, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDIX or VCITX.
Key characteristics
| FSDIX | VCITX | |
|---|---|---|
| YTD Return | 15.04% | 1.27% |
| 1Y Return | 21.22% | 8.45% |
| 3Y Return (Ann) | 1.31% | -0.70% |
| 5Y Return (Ann) | 5.41% | 1.05% |
| 10Y Return (Ann) | 5.08% | 2.54% |
| Sharpe Ratio | 2.46 | 2.30 |
| Sortino Ratio | 3.38 | 3.46 |
| Omega Ratio | 1.47 | 1.53 |
| Calmar Ratio | 1.33 | 0.87 |
| Martin Ratio | 14.06 | 9.69 |
| Ulcer Index | 1.50% | 0.93% |
| Daily Std Dev | 8.60% | 3.94% |
| Max Drawdown | -58.56% | -19.44% |
| Current Drawdown | -1.05% | -2.89% |
Correlation
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.
Performance
FSDIX vs. VCITX - Performance Comparison
In the year-to-date period, FSDIX achieves a 15.04% return, which is significantly higher than VCITX's 1.27% return. Over the past 10 years, FSDIX has outperformed VCITX with an annualized return of 5.08%, while VCITX has yielded a comparatively lower 2.54% 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. VCITX - Expense Ratio Comparison
FSDIX has a 0.68% expense ratio, which is higher than VCITX's 0.17% expense ratio.
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.
Dividends
FSDIX vs. VCITX - Dividend Comparison
FSDIX's dividend yield for the trailing twelve months is around 2.57%, less than VCITX's 3.28% 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% |
VCITX Vanguard California Long-Term Tax-Exempt Fund Investor Shares | 3.28% | 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.
Volatility
FSDIX vs. VCITX - Volatility Comparison
Fidelity Strategic Dividend & Income Fund (FSDIX) has a higher volatility of 2.39% compared to Vanguard California Long-Term Tax-Exempt Fund Investor Shares (VCITX) at 1.77%. 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.