FWOMX vs. SPLG
Compare and contrast key facts about Fidelity Women's Leadership Fund (FWOMX) and SPDR Portfolio S&P 500 ETF (SPLG).
FWOMX is managed by Fidelity. It was launched on May 1, 2019. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWOMX or SPLG.
Correlation
The correlation between FWOMX and SPLG is 0.95, 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
FWOMX vs. SPLG - Performance Comparison
Key characteristics
FWOMX:
1.03
SPLG:
1.98
FWOMX:
1.45
SPLG:
2.65
FWOMX:
1.19
SPLG:
1.36
FWOMX:
1.48
SPLG:
2.97
FWOMX:
4.81
SPLG:
12.33
FWOMX:
2.83%
SPLG:
2.03%
FWOMX:
13.19%
SPLG:
12.64%
FWOMX:
-36.47%
SPLG:
-54.52%
FWOMX:
-3.05%
SPLG:
-0.01%
Returns By Period
In the year-to-date period, FWOMX achieves a 3.24% return, which is significantly lower than SPLG's 4.03% return.
FWOMX
3.24%
1.10%
5.30%
11.16%
9.06%
N/A
SPLG
4.03%
2.87%
10.75%
23.14%
14.37%
13.29%
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FWOMX vs. SPLG - Expense Ratio Comparison
FWOMX has a 0.90% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
FWOMX vs. SPLG — Risk-Adjusted Performance Rank
FWOMX
SPLG
FWOMX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Women's Leadership Fund (FWOMX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
FWOMX vs. SPLG - Dividend Comparison
FWOMX's dividend yield for the trailing twelve months is around 0.44%, less than SPLG's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWOMX Fidelity Women's Leadership Fund | 0.44% | 0.46% | 0.57% | 0.62% | 0.13% | 0.21% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.23% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
FWOMX vs. SPLG - Drawdown Comparison
The maximum FWOMX drawdown since its inception was -36.47%, smaller than the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for FWOMX and SPLG. For additional features, visit the drawdowns tool.
Volatility
FWOMX vs. SPLG - Volatility Comparison
Fidelity Women's Leadership Fund (FWOMX) and SPDR Portfolio S&P 500 ETF (SPLG) have volatilities of 3.06% and 3.12%, 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.