FSIDX vs. ^GSPC
Compare and contrast key facts about Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and S&P 500 (^GSPC).
FSIDX is managed by Fidelity. It was launched on Dec 23, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSIDX or ^GSPC.
Correlation
The correlation between FSIDX and ^GSPC is 0.91, 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
FSIDX vs. ^GSPC - Performance Comparison
Key characteristics
FSIDX:
0.40
^GSPC:
0.24
FSIDX:
0.63
^GSPC:
0.47
FSIDX:
1.09
^GSPC:
1.07
FSIDX:
0.33
^GSPC:
0.24
FSIDX:
1.20
^GSPC:
1.08
FSIDX:
4.09%
^GSPC:
4.25%
FSIDX:
12.16%
^GSPC:
19.00%
FSIDX:
-58.58%
^GSPC:
-56.78%
FSIDX:
-10.19%
^GSPC:
-14.02%
Returns By Period
In the year-to-date period, FSIDX achieves a -2.62% return, which is significantly higher than ^GSPC's -10.18% return. Over the past 10 years, FSIDX has underperformed ^GSPC with an annualized return of 3.76%, while ^GSPC has yielded a comparatively higher 9.70% annualized return.
FSIDX
-2.62%
-4.50%
-9.05%
5.16%
6.05%
3.76%
^GSPC
-10.18%
-6.92%
-9.92%
5.42%
12.98%
9.70%
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Risk-Adjusted Performance
FSIDX vs. ^GSPC — Risk-Adjusted Performance Rank
FSIDX
^GSPC
FSIDX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and S&P 500 (^GSPC). 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.
Drawdowns
FSIDX vs. ^GSPC - Drawdown Comparison
The maximum FSIDX drawdown since its inception was -58.58%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FSIDX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FSIDX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) is 8.42%, while S&P 500 (^GSPC) has a volatility of 13.60%. This indicates that FSIDX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.