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:
0.79
^GSPC:
1.86
FSIDX:
1.07
^GSPC:
2.50
FSIDX:
1.15
^GSPC:
1.34
FSIDX:
0.59
^GSPC:
2.77
FSIDX:
4.01
^GSPC:
11.99
FSIDX:
1.76%
^GSPC:
1.96%
FSIDX:
9.00%
^GSPC:
12.66%
FSIDX:
-58.58%
^GSPC:
-56.78%
FSIDX:
-8.74%
^GSPC:
-3.01%
Returns By Period
In the year-to-date period, FSIDX achieves a 7.41% return, which is significantly lower than ^GSPC's 23.84% return. Over the past 10 years, FSIDX has underperformed ^GSPC with an annualized return of 4.08%, while ^GSPC has yielded a comparatively higher 11.15% annualized return.
FSIDX
7.41%
-8.74%
2.40%
7.41%
4.15%
4.08%
^GSPC
23.84%
-2.08%
7.89%
23.84%
12.86%
11.15%
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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
Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and S&P 500 (^GSPC) have volatilities of 4.25% and 4.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.