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.
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.
Performance
FSLSX vs. XMMO - Performance Comparison
Loading data...
Key characteristics
FSLSX:
-0.48
XMMO:
0.42
FSLSX:
-0.64
XMMO:
0.59
FSLSX:
0.91
XMMO:
1.08
FSLSX:
-0.40
XMMO:
0.30
FSLSX:
-0.94
XMMO:
0.87
FSLSX:
13.95%
XMMO:
8.54%
FSLSX:
23.92%
XMMO:
24.59%
FSLSX:
-68.98%
XMMO:
-55.37%
FSLSX:
-22.27%
XMMO:
-8.49%
Returns By Period
In the year-to-date period, FSLSX achieves a -7.27% return, which is significantly lower than XMMO's 0.85% return. Over the past 10 years, FSLSX has underperformed XMMO with an annualized return of 1.97%, while XMMO has yielded a comparatively higher 15.13% annualized return.
FSLSX
-7.27%
4.77%
-21.64%
-11.48%
0.13%
11.53%
1.97%
XMMO
0.85%
7.44%
-7.44%
10.19%
15.96%
16.68%
15.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading data...
Dividends
FSLSX vs. XMMO - Dividend Comparison
FSLSX's dividend yield for the trailing twelve months is around 11.22%, more than XMMO's 0.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLSX Fidelity Value Strategies Fund | 11.22% | 10.41% | 2.49% | 2.13% | 7.29% | 0.84% | 4.84% | 14.59% | 8.02% | 21.45% | 1.26% | 0.97% |
XMMO Invesco S&P MidCap Momentum ETF | 0.49% | 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.
Loading data...
Volatility
FSLSX vs. XMMO - Volatility Comparison
Fidelity Value Strategies Fund (FSLSX) has a higher volatility of 6.63% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 5.28%. This indicates that FSLSX's price experiences larger fluctuations and is considered to be riskier than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...