FSKAX vs. VOO
Compare and contrast key facts about Fidelity Total Market Index Fund (FSKAX) and Vanguard S&P 500 ETF (VOO).
FSKAX is managed by Fidelity. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSKAX or VOO.
Correlation
The correlation between FSKAX and VOO is 0.99, 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
FSKAX vs. VOO - Performance Comparison
Key characteristics
FSKAX:
1.90
VOO:
2.04
FSKAX:
2.54
VOO:
2.72
FSKAX:
1.35
VOO:
1.38
FSKAX:
2.87
VOO:
3.02
FSKAX:
12.38
VOO:
13.60
FSKAX:
2.00%
VOO:
1.88%
FSKAX:
12.99%
VOO:
12.52%
FSKAX:
-35.01%
VOO:
-33.99%
FSKAX:
-4.05%
VOO:
-3.52%
Returns By Period
The year-to-date returns for both investments are quite close, with FSKAX having a 23.70% return and VOO slightly higher at 24.65%. Over the past 10 years, FSKAX has underperformed VOO with an annualized return of 12.34%, while VOO has yielded a comparatively higher 13.02% annualized return.
FSKAX
23.70%
-0.40%
8.56%
23.81%
13.88%
12.34%
VOO
24.65%
-0.29%
7.63%
24.77%
14.57%
13.02%
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FSKAX vs. VOO - Expense Ratio Comparison
FSKAX has a 0.02% expense ratio, which is lower than VOO's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FSKAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Market Index Fund (FSKAX) and Vanguard S&P 500 ETF (VOO). 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
FSKAX vs. VOO - Dividend Comparison
FSKAX's dividend yield for the trailing twelve months is around 0.18%, less than VOO's 1.26% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Total Market Index Fund | 0.18% | 1.41% | 1.62% | 1.15% | 1.45% | 1.80% | 2.06% | 1.66% | 1.82% | 1.96% | 1.63% | 1.54% |
Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FSKAX vs. VOO - Drawdown Comparison
The maximum FSKAX drawdown since its inception was -35.01%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FSKAX and VOO. For additional features, visit the drawdowns tool.
Volatility
FSKAX vs. VOO - Volatility Comparison
Fidelity Total Market Index Fund (FSKAX) has a higher volatility of 3.92% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that FSKAX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.