FUQIX vs. VALW.L
Compare and contrast key facts about Fidelity SAI U.S. Quality Index Fund (FUQIX) and SPDR MSCI World Value UCITS ETF (VALW.L).
FUQIX is managed by Fidelity. It was launched on Oct 8, 2015. VALW.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI Value NR USD. It was launched on Sep 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUQIX or VALW.L.
Key characteristics
| FUQIX | VALW.L | |
|---|---|---|
| YTD Return | 20.65% | 4.01% |
| 1Y Return | 31.20% | 8.04% |
| 3Y Return (Ann) | 11.20% | 8.40% |
| Sharpe Ratio | 2.20 | 0.24 |
| Daily Std Dev | 14.20% | 32.20% |
| Max Drawdown | -31.19% | -19.68% |
| Current Drawdown | -2.35% | -11.53% |
Correlation
The correlation between FUQIX and VALW.L is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FUQIX vs. VALW.L - Performance Comparison
In the year-to-date period, FUQIX achieves a 20.65% return, which is significantly higher than VALW.L's 4.01% 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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FUQIX vs. VALW.L - Expense Ratio Comparison
FUQIX has a 0.10% expense ratio, which is lower than VALW.L's 0.25% expense ratio. Despite the difference, 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
FUQIX vs. VALW.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI U.S. Quality Index Fund (FUQIX) and SPDR MSCI World Value UCITS ETF (VALW.L). 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
FUQIX vs. VALW.L - Dividend Comparison
FUQIX's dividend yield for the trailing twelve months is around 11.60%, while VALW.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FUQIX Fidelity SAI U.S. Quality Index Fund | 11.60% | 2.38% | 1.42% | 8.55% | 9.46% | 13.68% | 2.41% | 3.79% | 1.57% | 0.29% |
VALW.L SPDR MSCI World Value UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FUQIX vs. VALW.L - Drawdown Comparison
The maximum FUQIX drawdown since its inception was -31.19%, which is greater than VALW.L's maximum drawdown of -19.68%. Use the drawdown chart below to compare losses from any high point for FUQIX and VALW.L. For additional features, visit the drawdowns tool.
Volatility
FUQIX vs. VALW.L - Volatility Comparison
Fidelity SAI U.S. Quality Index Fund (FUQIX) and SPDR MSCI World Value UCITS ETF (VALW.L) have volatilities of 4.15% and 4.33%, 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.