FULVX vs. SWPPX
Compare and contrast key facts about Fidelity U.S. Low Volatility Equity Fund (FULVX) and Schwab S&P 500 Index Fund (SWPPX).
FULVX is managed by Fidelity. It was launched on Nov 5, 2019. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FULVX or SWPPX.
Correlation
The correlation between FULVX and SWPPX is 0.83, 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
FULVX vs. SWPPX - Performance Comparison
Key characteristics
FULVX:
1.56
SWPPX:
2.10
FULVX:
2.15
SWPPX:
2.80
FULVX:
1.29
SWPPX:
1.39
FULVX:
1.79
SWPPX:
3.12
FULVX:
8.63
SWPPX:
13.52
FULVX:
1.60%
SWPPX:
1.95%
FULVX:
8.84%
SWPPX:
12.59%
FULVX:
-33.24%
SWPPX:
-55.06%
FULVX:
-7.73%
SWPPX:
-3.72%
Returns By Period
In the year-to-date period, FULVX achieves a 11.80% return, which is significantly lower than SWPPX's 24.49% return.
FULVX
11.80%
-4.94%
3.02%
12.96%
5.50%
N/A
SWPPX
24.49%
-1.37%
7.94%
24.91%
14.50%
12.92%
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FULVX vs. SWPPX - Expense Ratio Comparison
FULVX has a 0.66% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
FULVX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Low Volatility Equity Fund (FULVX) and Schwab S&P 500 Index Fund (SWPPX). 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
FULVX vs. SWPPX - Dividend Comparison
Neither FULVX nor SWPPX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FULVX Fidelity U.S. Low Volatility Equity Fund | 0.00% | 1.10% | 1.22% | 0.63% | 0.62% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 0.00% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
FULVX vs. SWPPX - Drawdown Comparison
The maximum FULVX drawdown since its inception was -33.24%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FULVX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
FULVX vs. SWPPX - Volatility Comparison
The current volatility for Fidelity U.S. Low Volatility Equity Fund (FULVX) is 3.57%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.97%. This indicates that FULVX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.