FULVX vs. XLV
Compare and contrast key facts about Fidelity U.S. Low Volatility Equity Fund (FULVX) and Health Care Select Sector SPDR Fund (XLV).
FULVX is managed by Fidelity. It was launched on Nov 5, 2019. XLV is a passively managed fund by State Street that tracks the performance of the Health Care Select Sector. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FULVX or XLV.
Correlation
The correlation between FULVX and XLV is 0.79, 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. XLV - Performance Comparison
Key characteristics
FULVX:
1.41
XLV:
0.20
FULVX:
1.95
XLV:
0.34
FULVX:
1.25
XLV:
1.04
FULVX:
1.24
XLV:
0.17
FULVX:
5.00
XLV:
0.46
FULVX:
2.53%
XLV:
4.64%
FULVX:
9.00%
XLV:
10.97%
FULVX:
-33.24%
XLV:
-39.17%
FULVX:
-6.58%
XLV:
-10.11%
Returns By Period
In the year-to-date period, FULVX achieves a 1.26% return, which is significantly lower than XLV's 1.90% return.
FULVX
1.26%
-0.75%
3.50%
11.93%
3.39%
N/A
XLV
1.90%
2.54%
-4.42%
2.17%
7.77%
8.91%
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FULVX vs. XLV - Expense Ratio Comparison
FULVX has a 0.66% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
FULVX vs. XLV — Risk-Adjusted Performance Rank
FULVX
XLV
FULVX vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Low Volatility Equity Fund (FULVX) and Health Care Select Sector SPDR Fund (XLV). 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. XLV - Dividend Comparison
FULVX's dividend yield for the trailing twelve months is around 0.57%, less than XLV's 1.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FULVX Fidelity U.S. Low Volatility Equity Fund | 0.57% | 0.58% | 1.10% | 1.22% | 0.63% | 0.62% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLV Health Care Select Sector SPDR Fund | 1.64% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
FULVX vs. XLV - Drawdown Comparison
The maximum FULVX drawdown since its inception was -33.24%, smaller than the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for FULVX and XLV. For additional features, visit the drawdowns tool.
Volatility
FULVX vs. XLV - Volatility Comparison
Fidelity U.S. Low Volatility Equity Fund (FULVX) has a higher volatility of 3.80% compared to Health Care Select Sector SPDR Fund (XLV) at 3.59%. This indicates that FULVX's price experiences larger fluctuations and is considered to be riskier than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.