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:
0.09
SPY:
0.70
FWOMX:
0.26
SPY:
1.11
FWOMX:
1.04
SPY:
1.17
FWOMX:
0.08
SPY:
0.75
FWOMX:
0.28
SPY:
2.96
FWOMX:
6.38%
SPY:
4.74%
FWOMX:
19.45%
SPY:
20.05%
FWOMX:
-36.47%
SPY:
-55.19%
FWOMX:
-11.07%
SPY:
-7.79%
Returns By Period
In the year-to-date period, FWOMX achieves a -5.30% return, which is significantly lower than SPY's -3.56% return.
FWOMX
-5.30%
12.28%
-5.55%
0.32%
11.18%
N/A
SPY
-3.56%
11.52%
-0.47%
11.62%
16.42%
12.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 2.00%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWOMX Fidelity Women's Leadership Fund | 2.00% | 1.89% | 0.57% | 0.62% | 2.65% | 0.21% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 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
The current volatility for Fidelity Women's Leadership Fund (FWOMX) is 12.63%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.12%. This indicates that FWOMX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.