FTQGX vs. SPY
Compare and contrast key facts about Fidelity Focused Stock Fund (FTQGX) and SPDR S&P 500 ETF (SPY).
FTQGX is managed by Fidelity. It was launched on Nov 12, 1996. 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: FTQGX or SPY.
Correlation
The correlation between FTQGX and SPY is 0.91, 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
FTQGX vs. SPY - Performance Comparison
Key characteristics
FTQGX:
-0.27
SPY:
0.54
FTQGX:
-0.19
SPY:
0.89
FTQGX:
0.97
SPY:
1.13
FTQGX:
-0.24
SPY:
0.58
FTQGX:
-0.69
SPY:
2.39
FTQGX:
11.15%
SPY:
4.51%
FTQGX:
27.92%
SPY:
20.07%
FTQGX:
-61.00%
SPY:
-55.19%
FTQGX:
-26.37%
SPY:
-10.54%
Returns By Period
In the year-to-date period, FTQGX achieves a -14.53% return, which is significantly lower than SPY's -6.44% return. Over the past 10 years, FTQGX has underperformed SPY with an annualized return of 6.11%, while SPY has yielded a comparatively higher 11.95% annualized return.
FTQGX
-14.53%
-9.68%
-22.00%
-9.42%
5.86%
6.11%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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FTQGX vs. SPY - Expense Ratio Comparison
FTQGX has a 0.86% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FTQGX vs. SPY — Risk-Adjusted Performance Rank
FTQGX
SPY
FTQGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Focused Stock Fund (FTQGX) 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
FTQGX vs. SPY - Dividend Comparison
FTQGX's dividend yield for the trailing twelve months is around 0.43%, less than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTQGX Fidelity Focused Stock Fund | 0.43% | 0.36% | 0.61% | 0.85% | 0.00% | 0.02% | 0.08% | 0.13% | 0.45% | 0.56% | 6.16% | 10.44% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FTQGX vs. SPY - Drawdown Comparison
The maximum FTQGX drawdown since its inception was -61.00%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FTQGX and SPY. For additional features, visit the drawdowns tool.
Volatility
FTQGX vs. SPY - Volatility Comparison
Fidelity Focused Stock Fund (FTQGX) and SPDR S&P 500 ETF (SPY) have volatilities of 15.67% and 15.13%, 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.