FZFLX vs. IVOO
Compare and contrast key facts about Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and Vanguard S&P Mid-Cap 400 ETF (IVOO).
FZFLX is managed by Fidelity. It was launched on Aug 12, 2015. IVOO is a passively managed fund by Vanguard that tracks the performance of the S&P MidCap 400 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZFLX or IVOO.
Correlation
The correlation between FZFLX and IVOO is 0.86, 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
FZFLX vs. IVOO - Performance Comparison
Key characteristics
FZFLX:
-0.04
IVOO:
0.19
FZFLX:
0.09
IVOO:
0.43
FZFLX:
1.01
IVOO:
1.06
FZFLX:
-0.01
IVOO:
0.17
FZFLX:
-0.12
IVOO:
0.56
FZFLX:
7.96%
IVOO:
7.38%
FZFLX:
22.01%
IVOO:
21.77%
FZFLX:
-70.34%
IVOO:
-42.33%
FZFLX:
-62.31%
IVOO:
-13.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with FZFLX having a -5.49% return and IVOO slightly lower at -5.63%.
FZFLX
-5.49%
11.67%
-6.04%
-2.99%
-8.87%
N/A
IVOO
-5.63%
10.80%
-4.70%
1.69%
14.52%
8.55%
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FZFLX vs. IVOO - Expense Ratio Comparison
FZFLX has a 0.05% expense ratio, which is lower than IVOO's 0.10% 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
FZFLX vs. IVOO — Risk-Adjusted Performance Rank
FZFLX
IVOO
FZFLX vs. IVOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and Vanguard S&P Mid-Cap 400 ETF (IVOO). 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
FZFLX vs. IVOO - Dividend Comparison
FZFLX's dividend yield for the trailing twelve months is around 7.99%, more than IVOO's 1.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 7.99% | 7.55% | 2.35% | 79.62% | 50.77% | 7.19% | 6.49% | 7.69% | 1.68% | 1.40% | 1.21% | 0.00% |
IVOO Vanguard S&P Mid-Cap 400 ETF | 1.69% | 1.48% | 1.25% | 1.58% | 1.14% | 1.23% | 1.49% | 1.56% | 1.22% | 1.37% | 1.45% | 1.26% |
Drawdowns
FZFLX vs. IVOO - Drawdown Comparison
The maximum FZFLX drawdown since its inception was -70.34%, which is greater than IVOO's maximum drawdown of -42.33%. Use the drawdown chart below to compare losses from any high point for FZFLX and IVOO. For additional features, visit the drawdowns tool.
Volatility
FZFLX vs. IVOO - Volatility Comparison
Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and Vanguard S&P Mid-Cap 400 ETF (IVOO) have volatilities of 15.30% and 14.80%, 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.