FSUVX vs. SPLV
Compare and contrast key facts about Fidelity SAI U.S. Low Volatility Index Fund (FSUVX) and Invesco S&P 500® Low Volatility ETF (SPLV).
FSUVX is managed by Fidelity. It was launched on May 29, 2015. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSUVX or SPLV.
Correlation
The correlation between FSUVX and SPLV is 0.88, 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
FSUVX vs. SPLV - Performance Comparison
Key characteristics
FSUVX:
1.74
SPLV:
1.77
FSUVX:
2.37
SPLV:
2.46
FSUVX:
1.32
SPLV:
1.31
FSUVX:
2.34
SPLV:
1.99
FSUVX:
7.23
SPLV:
6.56
FSUVX:
2.19%
SPLV:
2.61%
FSUVX:
9.14%
SPLV:
9.67%
FSUVX:
-32.41%
SPLV:
-36.26%
FSUVX:
-2.17%
SPLV:
-3.09%
Returns By Period
The year-to-date returns for both investments are quite close, with FSUVX having a 3.36% return and SPLV slightly higher at 3.48%.
FSUVX
3.36%
4.43%
6.21%
17.06%
8.70%
N/A
SPLV
3.48%
5.28%
6.78%
17.55%
5.33%
8.91%
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FSUVX vs. SPLV - Expense Ratio Comparison
FSUVX has a 0.11% expense ratio, which is lower than SPLV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FSUVX vs. SPLV — Risk-Adjusted Performance Rank
FSUVX
SPLV
FSUVX vs. SPLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI U.S. Low Volatility Index Fund (FSUVX) and Invesco S&P 500® Low Volatility ETF (SPLV). 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
FSUVX vs. SPLV - Dividend Comparison
FSUVX's dividend yield for the trailing twelve months is around 1.80%, more than SPLV's 1.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSUVX Fidelity SAI U.S. Low Volatility Index Fund | 1.80% | 1.86% | 1.74% | 2.10% | 1.74% | 1.31% | 4.11% | 1.58% | 1.09% | 2.23% | 1.17% | 0.00% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.78% | 1.88% | 2.45% | 2.11% | 1.50% | 2.13% | 2.08% | 2.17% | 2.03% | 2.03% | 2.28% | 2.20% |
Drawdowns
FSUVX vs. SPLV - Drawdown Comparison
The maximum FSUVX drawdown since its inception was -32.41%, smaller than the maximum SPLV drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for FSUVX and SPLV. For additional features, visit the drawdowns tool.
Volatility
FSUVX vs. SPLV - Volatility Comparison
The current volatility for Fidelity SAI U.S. Low Volatility Index Fund (FSUVX) is 2.15%, while Invesco S&P 500® Low Volatility ETF (SPLV) has a volatility of 3.35%. This indicates that FSUVX experiences smaller price fluctuations and is considered to be less risky than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.