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.
Key characteristics
| FSLSX | XMMO | |
|---|---|---|
| YTD Return | 14.55% | 45.02% |
| 1Y Return | 26.11% | 56.90% |
| 3Y Return (Ann) | 8.95% | 11.84% |
| 5Y Return (Ann) | 13.79% | 17.98% |
| 10Y Return (Ann) | 10.44% | 16.03% |
| Sharpe Ratio | 1.86 | 3.15 |
| Sortino Ratio | 2.71 | 4.27 |
| Omega Ratio | 1.33 | 1.53 |
| Calmar Ratio | 3.92 | 4.78 |
| Martin Ratio | 9.91 | 21.75 |
| Ulcer Index | 3.13% | 2.88% |
| Daily Std Dev | 16.67% | 19.87% |
| Max Drawdown | -68.98% | -55.37% |
| Current Drawdown | -1.52% | -1.52% |
Correlation
The correlation between FSLSX and XMMO is 0.84, 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
In the year-to-date period, FSLSX achieves a 14.55% return, which is significantly lower than XMMO's 45.02% return. Over the past 10 years, FSLSX has underperformed XMMO with an annualized return of 10.44%, while XMMO has yielded a comparatively higher 16.03% annualized return. 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. 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 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 0.55%, more than XMMO's 0.30% yield.
| 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% |
XMMO Invesco S&P MidCap Momentum ETF | 0.30% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% | 1.31% |
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
Fidelity Value Strategies Fund (FSLSX) and Invesco S&P MidCap Momentum ETF (XMMO) have volatilities of 5.57% and 5.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.