FVWSX vs. FSAEX
Compare and contrast key facts about Fidelity Series Opportunistic Insights Fund (FVWSX) and Fidelity Series All-Sector Equity Fund (FSAEX).
FVWSX is managed by Fidelity. It was launched on Dec 6, 2012. FSAEX is managed by Fidelity. It was launched on Oct 17, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FVWSX or FSAEX.
Key characteristics
| FVWSX | FSAEX | |
|---|---|---|
| YTD Return | 38.34% | 25.72% |
| 1Y Return | 45.36% | 28.62% |
| 3Y Return (Ann) | 2.18% | 0.54% |
| 5Y Return (Ann) | 7.67% | 6.25% |
| 10Y Return (Ann) | 6.68% | 1.09% |
| Sharpe Ratio | 3.06 | 2.23 |
| Sortino Ratio | 4.02 | 2.92 |
| Omega Ratio | 1.57 | 1.42 |
| Calmar Ratio | 1.72 | 1.39 |
| Martin Ratio | 17.95 | 14.23 |
| Ulcer Index | 2.64% | 2.18% |
| Daily Std Dev | 15.53% | 13.94% |
| Max Drawdown | -43.63% | -50.00% |
| Current Drawdown | -0.34% | -0.37% |
Correlation
The correlation between FVWSX and FSAEX is 0.92, 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
FVWSX vs. FSAEX - Performance Comparison
In the year-to-date period, FVWSX achieves a 38.34% return, which is significantly higher than FSAEX's 25.72% return. Over the past 10 years, FVWSX has outperformed FSAEX with an annualized return of 6.68%, while FSAEX has yielded a comparatively lower 1.09% annualized 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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FVWSX vs. FSAEX - Expense Ratio Comparison
FVWSX has a 0.00% expense ratio, which is lower than FSAEX's 0.00% 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
FVWSX vs. FSAEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Opportunistic Insights Fund (FVWSX) and Fidelity Series All-Sector Equity Fund (FSAEX). 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
FVWSX vs. FSAEX - Dividend Comparison
FVWSX's dividend yield for the trailing twelve months is around 0.74%, less than FSAEX's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVWSX Fidelity Series Opportunistic Insights Fund | 0.74% | 1.02% | 1.28% | 0.97% | 0.77% | 0.85% | 0.84% | 0.60% | 0.03% | 1.31% | 3.74% | 1.09% |
FSAEX Fidelity Series All-Sector Equity Fund | 1.06% | 1.27% | 1.48% | 1.18% | 1.45% | 1.75% | 2.58% | 1.49% | 1.50% | 3.89% | 11.83% | 10.21% |
Drawdowns
FVWSX vs. FSAEX - Drawdown Comparison
The maximum FVWSX drawdown since its inception was -43.63%, smaller than the maximum FSAEX drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for FVWSX and FSAEX. For additional features, visit the drawdowns tool.
Volatility
FVWSX vs. FSAEX - Volatility Comparison
Fidelity Series Opportunistic Insights Fund (FVWSX) has a higher volatility of 4.32% compared to Fidelity Series All-Sector Equity Fund (FSAEX) at 4.02%. This indicates that FVWSX's price experiences larger fluctuations and is considered to be riskier than FSAEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.