FZOLX vs. FXAIX
Compare and contrast key facts about Fidelity SAI Low Duration Income Fund (FZOLX) and Fidelity 500 Index Fund (FXAIX).
FZOLX is managed by Fidelity Investments. It was launched on Oct 13, 2020. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZOLX or FXAIX.
Correlation
The correlation between FZOLX and FXAIX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FZOLX vs. FXAIX - Performance Comparison
Key characteristics
FZOLX:
3.97
FXAIX:
1.97
FZOLX:
17.96
FXAIX:
2.64
FZOLX:
6.99
FXAIX:
1.36
FZOLX:
54.81
FXAIX:
2.98
FZOLX:
111.76
FXAIX:
12.34
FZOLX:
0.05%
FXAIX:
2.04%
FZOLX:
1.36%
FXAIX:
12.79%
FZOLX:
-1.02%
FXAIX:
-33.79%
FZOLX:
-0.00%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, FZOLX achieves a 0.45% return, which is significantly lower than FXAIX's 4.11% return.
FZOLX
0.45%
0.35%
2.59%
5.55%
N/A
N/A
FXAIX
4.11%
2.06%
9.72%
23.78%
14.37%
13.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FZOLX vs. FXAIX - Expense Ratio Comparison
FZOLX has a 0.22% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, 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
FZOLX vs. FXAIX — Risk-Adjusted Performance Rank
FZOLX
FXAIX
FZOLX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Low Duration Income Fund (FZOLX) and Fidelity 500 Index Fund (FXAIX). 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
FZOLX vs. FXAIX - Dividend Comparison
FZOLX's dividend yield for the trailing twelve months is around 5.11%, more than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZOLX Fidelity SAI Low Duration Income Fund | 5.11% | 5.12% | 4.02% | 1.52% | 0.15% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FZOLX vs. FXAIX - Drawdown Comparison
The maximum FZOLX drawdown since its inception was -1.02%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FZOLX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FZOLX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity SAI Low Duration Income Fund (FZOLX) is 0.41%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.21%. This indicates that FZOLX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.