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 0.70, 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:
0.81
SPLV:
1.04
FSUVX:
1.19
SPLV:
1.44
FSUVX:
1.18
SPLV:
1.21
FSUVX:
0.92
SPLV:
1.49
FSUVX:
3.70
SPLV:
4.74
FSUVX:
2.96%
SPLV:
2.86%
FSUVX:
13.59%
SPLV:
13.06%
FSUVX:
-32.41%
SPLV:
-36.26%
FSUVX:
-5.97%
SPLV:
-3.93%
Returns By Period
In the year-to-date period, FSUVX achieves a -0.65% return, which is significantly lower than SPLV's 3.31% return.
FSUVX
-0.65%
-2.02%
-3.63%
11.08%
10.58%
N/A
SPLV
3.31%
-2.33%
1.19%
14.55%
9.40%
9.07%
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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 2.27%, more than SPLV's 1.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSUVX Fidelity SAI U.S. Low Volatility Index Fund | 2.27% | 2.25% | 1.74% | 4.12% | 3.52% | 1.31% | 6.31% | 2.63% | 4.03% | 2.23% | 1.17% | 0.00% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.76% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 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
Fidelity SAI U.S. Low Volatility Index Fund (FSUVX) has a higher volatility of 9.98% compared to Invesco S&P 500® Low Volatility ETF (SPLV) at 8.70%. This indicates that FSUVX's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.