FSWCX vs. SPY
Compare and contrast key facts about Fidelity SAI U.S. Value Index Fund (FSWCX) and SPDR S&P 500 ETF (SPY).
FSWCX is managed by Fidelity. It was launched on Dec 19, 2017. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSWCX or SPY.
Correlation
The correlation between FSWCX and SPY is 0.82, 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
FSWCX vs. SPY - Performance Comparison
Key characteristics
FSWCX:
1.37
SPY:
1.88
FSWCX:
2.02
SPY:
2.53
FSWCX:
1.25
SPY:
1.35
FSWCX:
1.77
SPY:
2.83
FSWCX:
5.24
SPY:
11.74
FSWCX:
3.13%
SPY:
2.02%
FSWCX:
11.94%
SPY:
12.64%
FSWCX:
-41.41%
SPY:
-55.19%
FSWCX:
-2.82%
SPY:
-0.42%
Returns By Period
In the year-to-date period, FSWCX achieves a 5.83% return, which is significantly higher than SPY's 4.15% return.
FSWCX
5.83%
1.46%
5.53%
16.18%
6.63%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSWCX vs. SPY - Expense Ratio Comparison
FSWCX has a 0.10% expense ratio, which is higher than SPY's 0.09% expense ratio. However, 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
FSWCX vs. SPY — Risk-Adjusted Performance Rank
FSWCX
SPY
FSWCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI U.S. Value Index Fund (FSWCX) and SPDR S&P 500 ETF (SPY). 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
FSWCX vs. SPY - Dividend Comparison
FSWCX's dividend yield for the trailing twelve months is around 1.96%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSWCX Fidelity SAI U.S. Value Index Fund | 1.96% | 2.08% | 5.50% | 3.56% | 2.29% | 2.55% | 2.37% | 2.21% | 0.07% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FSWCX vs. SPY - Drawdown Comparison
The maximum FSWCX drawdown since its inception was -41.41%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FSWCX and SPY. For additional features, visit the drawdowns tool.
Volatility
FSWCX vs. SPY - Volatility Comparison
The current volatility for Fidelity SAI U.S. Value Index Fund (FSWCX) is 2.47%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that FSWCX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.