FSLSX vs. XMMO
Compare and contrast key facts about Fidelity Value Strategies Fund (FSLSX) and Invesco S&P MidCap Momentum ETF (XMMO).
FSLSX is managed by Fidelity. It was launched on Dec 31, 1983. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLSX or XMMO.
Correlation
The correlation between FSLSX and XMMO is 0.83, 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
FSLSX vs. XMMO - Performance Comparison
Key characteristics
FSLSX:
-0.03
XMMO:
1.11
FSLSX:
0.07
XMMO:
1.66
FSLSX:
1.01
XMMO:
1.20
FSLSX:
-0.03
XMMO:
2.33
FSLSX:
-0.08
XMMO:
5.53
FSLSX:
6.57%
XMMO:
3.92%
FSLSX:
17.46%
XMMO:
19.46%
FSLSX:
-68.98%
XMMO:
-55.37%
FSLSX:
-15.28%
XMMO:
-6.07%
Returns By Period
In the year-to-date period, FSLSX achieves a 1.06% return, which is significantly lower than XMMO's 3.51% return. Over the past 10 years, FSLSX has underperformed XMMO with an annualized return of 3.04%, while XMMO has yielded a comparatively higher 15.30% annualized return.
FSLSX
1.06%
-1.14%
-5.46%
0.66%
8.27%
3.04%
XMMO
3.51%
-1.40%
8.53%
26.03%
15.73%
15.30%
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FSLSX vs. XMMO - Expense Ratio Comparison
FSLSX has a 0.86% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
FSLSX vs. XMMO — Risk-Adjusted Performance Rank
FSLSX
XMMO
FSLSX vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Strategies Fund (FSLSX) and Invesco S&P MidCap Momentum ETF (XMMO). 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. XMMO - Dividend Comparison
FSLSX's dividend yield for the trailing twelve months is around 0.81%, more than XMMO's 0.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLSX Fidelity Value Strategies Fund | 0.81% | 0.82% | 0.63% | 0.74% | 0.94% | 0.84% | 1.37% | 1.25% | 1.44% | 1.74% | 1.24% | 0.95% |
XMMO Invesco S&P MidCap Momentum ETF | 0.32% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% |
Drawdowns
FSLSX vs. XMMO - Drawdown Comparison
The maximum FSLSX drawdown since its inception was -68.98%, which is greater than XMMO's maximum drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for FSLSX and XMMO. For additional features, visit the drawdowns tool.
Volatility
FSLSX vs. XMMO - Volatility Comparison
The current volatility for Fidelity Value Strategies Fund (FSLSX) is 3.69%, while Invesco S&P MidCap Momentum ETF (XMMO) has a volatility of 5.09%. This indicates that FSLSX experiences smaller price fluctuations and is considered to be less risky than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.