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.
Key characteristics
| FSIDX | ^GSPC | |
|---|---|---|
| YTD Return | 13.05% | 19.79% |
| 1Y Return | 18.84% | 29.79% |
| 3Y Return (Ann) | 5.48% | 9.48% |
| 5Y Return (Ann) | 9.16% | 13.85% |
| 10Y Return (Ann) | 8.24% | 11.12% |
| Sharpe Ratio | 2.09 | 2.23 |
| Daily Std Dev | 8.92% | 12.79% |
| Max Drawdown | -58.58% | -56.78% |
| Current Drawdown | -0.23% | 0.00% |
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
In the year-to-date period, FSIDX achieves a 13.05% return, which is significantly lower than ^GSPC's 19.79% return. Over the past 10 years, FSIDX has underperformed ^GSPC with an annualized return of 8.24%, while ^GSPC has yielded a comparatively higher 11.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 2.20%, while S&P 500 (^GSPC) has a volatility of 4.31%. 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.