FSV.L vs. SPHD
Compare and contrast key facts about Fidelity Special Values (FSV.L) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSV.L or SPHD.
Key characteristics
| FSV.L | SPHD | |
|---|---|---|
| YTD Return | 14.83% | 21.18% |
| 1Y Return | 20.10% | 28.21% |
| 3Y Return (Ann) | 4.82% | 9.55% |
| 5Y Return (Ann) | 6.66% | 7.75% |
| 10Y Return (Ann) | 8.61% | 9.21% |
| Sharpe Ratio | 1.26 | 2.22 |
| Daily Std Dev | 14.58% | 12.55% |
| Max Drawdown | -51.87% | -41.39% |
| Current Drawdown | -5.09% | -0.69% |
Correlation
The correlation between FSV.L and SPHD is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FSV.L vs. SPHD - Performance Comparison
In the year-to-date period, FSV.L achieves a 14.83% return, which is significantly lower than SPHD's 21.18% return. Over the past 10 years, FSV.L has underperformed SPHD with an annualized return of 8.61%, while SPHD has yielded a comparatively higher 9.21% 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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Risk-Adjusted Performance
FSV.L vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Special Values (FSV.L) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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
FSV.L vs. SPHD - Dividend Comparison
FSV.L's dividend yield for the trailing twelve months is around 3.00%, less than SPHD's 3.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSV.L Fidelity Special Values | 3.00% | 3.15% | 2.78% | 2.21% | 2.38% | 2.61% | 2.19% | 1.80% | 1.62% | 1.17% | 0.02% | 1.76% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.22% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% | 3.68% |
Drawdowns
FSV.L vs. SPHD - Drawdown Comparison
The maximum FSV.L drawdown since its inception was -51.87%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for FSV.L and SPHD. For additional features, visit the drawdowns tool.
Volatility
FSV.L vs. SPHD - Volatility Comparison
Fidelity Special Values (FSV.L) has a higher volatility of 3.96% compared to Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) at 2.21%. This indicates that FSV.L's price experiences larger fluctuations and is considered to be riskier than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.