FWOMX vs. SPY
Compare and contrast key facts about Fidelity Women's Leadership Fund (FWOMX) and SPDR S&P 500 ETF (SPY).
FWOMX is managed by Fidelity. It was launched on May 1, 2019. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWOMX or SPY.
Correlation
The correlation between FWOMX and SPY 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. SPY - Performance Comparison
Key characteristics
FWOMX:
0.90
SPY:
1.88
FWOMX:
1.29
SPY:
2.53
FWOMX:
1.17
SPY:
1.35
FWOMX:
1.29
SPY:
2.83
FWOMX:
4.18
SPY:
11.74
FWOMX:
2.84%
SPY:
2.02%
FWOMX:
13.16%
SPY:
12.64%
FWOMX:
-36.47%
SPY:
-55.19%
FWOMX:
-3.11%
SPY:
-0.42%
Returns By Period
In the year-to-date period, FWOMX achieves a 3.18% return, which is significantly lower than SPY's 4.15% return.
FWOMX
3.18%
-0.90%
4.99%
12.52%
9.19%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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FWOMX vs. SPY - Expense Ratio Comparison
FWOMX has a 0.90% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FWOMX vs. SPY — Risk-Adjusted Performance Rank
FWOMX
SPY
FWOMX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Women's Leadership Fund (FWOMX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
FWOMX's dividend yield for the trailing twelve months is around 0.44%, less than SPY's 1.16% 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% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FWOMX vs. SPY - Drawdown Comparison
The maximum FWOMX drawdown since its inception was -36.47%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FWOMX and SPY. For additional features, visit the drawdowns tool.
Volatility
FWOMX vs. SPY - Volatility Comparison
Fidelity Women's Leadership Fund (FWOMX) and SPDR S&P 500 ETF (SPY) have volatilities of 2.90% and 2.93%, 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.