FSLSX vs. BTEC
Compare and contrast key facts about Fidelity Value Strategies Fund (FSLSX) and Principal Healthcare Innovators Index ETF (BTEC).
FSLSX is managed by Fidelity. It was launched on Dec 31, 1983. BTEC is a passively managed fund by Principal that tracks the performance of the NASDAQ U.S. Health Care Innovators Index. It was launched on Aug 19, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLSX or BTEC.
Key characteristics
| FSLSX | BTEC |
|---|
Correlation
The correlation between FSLSX and BTEC is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSLSX vs. BTEC - Performance Comparison
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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FSLSX vs. BTEC - Expense Ratio Comparison
FSLSX has a 0.86% expense ratio, which is higher than BTEC's 0.42% expense ratio.
Risk-Adjusted Performance
FSLSX vs. BTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Strategies Fund (FSLSX) and Principal Healthcare Innovators Index ETF (BTEC). 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
FSLSX vs. BTEC - Dividend Comparison
FSLSX's dividend yield for the trailing twelve months is around 0.55%, while BTEC has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLSX Fidelity Value Strategies Fund | 0.55% | 0.63% | 0.74% | 0.94% | 0.84% | 1.37% | 1.25% | 1.44% | 1.74% | 1.24% | 0.95% | 0.80% |
BTEC Principal Healthcare Innovators Index ETF | 0.00% | 0.00% | 0.00% | 0.96% | 0.37% | 0.00% | 0.00% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSLSX vs. BTEC - Drawdown Comparison
Volatility
FSLSX vs. BTEC - Volatility Comparison
Fidelity Value Strategies Fund (FSLSX) has a higher volatility of 5.61% compared to Principal Healthcare Innovators Index ETF (BTEC) at 0.00%. This indicates that FSLSX's price experiences larger fluctuations and is considered to be riskier than BTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.