FSLCX vs. IWM
Compare and contrast key facts about Fidelity Small Cap Stock Fund (FSLCX) and iShares Russell 2000 ETF (IWM).
FSLCX is managed by Fidelity. It was launched on Mar 12, 1998. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLCX or IWM.
Key characteristics
| FSLCX | IWM | |
|---|---|---|
| YTD Return | 10.11% | 11.30% |
| 1Y Return | 34.52% | 36.28% |
| 3Y Return (Ann) | 0.61% | 0.38% |
| 5Y Return (Ann) | 7.81% | 8.40% |
| 10Y Return (Ann) | 8.07% | 8.08% |
| Sharpe Ratio | 1.92 | 1.78 |
| Sortino Ratio | 2.71 | 2.53 |
| Omega Ratio | 1.33 | 1.31 |
| Calmar Ratio | 1.34 | 1.24 |
| Martin Ratio | 11.24 | 9.97 |
| Ulcer Index | 3.21% | 3.76% |
| Daily Std Dev | 18.79% | 21.05% |
| Max Drawdown | -61.22% | -59.05% |
| Current Drawdown | -4.05% | -4.90% |
Correlation
The correlation between FSLCX and IWM is 0.93, 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
FSLCX vs. IWM - Performance Comparison
In the year-to-date period, FSLCX achieves a 10.11% return, which is significantly lower than IWM's 11.30% return. Both investments have delivered pretty close results over the past 10 years, with FSLCX having a 8.07% annualized return and IWM not far ahead at 8.08%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSLCX vs. IWM - Expense Ratio Comparison
FSLCX has a 0.90% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
FSLCX vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Stock Fund (FSLCX) and iShares Russell 2000 ETF (IWM). 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
FSLCX vs. IWM - Dividend Comparison
FSLCX's dividend yield for the trailing twelve months is around 0.02%, less than IWM's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLCX Fidelity Small Cap Stock Fund | 0.02% | 0.02% | 7.91% | 22.97% | 0.00% | 0.31% | 26.31% | 8.98% | 3.85% | 11.97% | 18.90% | 11.02% |
IWM iShares Russell 2000 ETF | 1.16% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
FSLCX vs. IWM - Drawdown Comparison
The maximum FSLCX drawdown since its inception was -61.22%, roughly equal to the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for FSLCX and IWM. For additional features, visit the drawdowns tool.
Volatility
FSLCX vs. IWM - Volatility Comparison
The current volatility for Fidelity Small Cap Stock Fund (FSLCX) is 3.59%, while iShares Russell 2000 ETF (IWM) has a volatility of 4.23%. This indicates that FSLCX experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.