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:
1.19
^GSPC:
1.62
FSIDX:
1.63
^GSPC:
2.20
FSIDX:
1.22
^GSPC:
1.30
FSIDX:
1.02
^GSPC:
2.46
FSIDX:
3.78
^GSPC:
10.01
FSIDX:
2.78%
^GSPC:
2.08%
FSIDX:
8.84%
^GSPC:
12.88%
FSIDX:
-58.58%
^GSPC:
-56.78%
FSIDX:
-4.85%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, FSIDX achieves a 3.16% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, FSIDX has underperformed ^GSPC with an annualized return of 4.33%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
FSIDX
3.16%
0.47%
0.54%
9.63%
4.50%
4.33%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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 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 2.21%, while S&P 500 (^GSPC) has a volatility of 3.43%. 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.