GAAEX vs. FXAIX
Compare and contrast key facts about Guinness Atkinson Alternative Energy Fund (GAAEX) and Fidelity 500 Index Fund (FXAIX).
GAAEX is managed by Guinness Atkinson. It was launched on Mar 30, 2006. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAAEX or FXAIX.
Correlation
The correlation between GAAEX and FXAIX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GAAEX vs. FXAIX - Performance Comparison
Key characteristics
GAAEX:
-0.28
FXAIX:
1.75
GAAEX:
-0.26
FXAIX:
2.36
GAAEX:
0.97
FXAIX:
1.32
GAAEX:
-0.08
FXAIX:
2.66
GAAEX:
-0.58
FXAIX:
11.02
GAAEX:
9.29%
FXAIX:
2.04%
GAAEX:
19.20%
FXAIX:
12.89%
GAAEX:
-87.02%
FXAIX:
-33.79%
GAAEX:
-68.83%
FXAIX:
-2.12%
Returns By Period
In the year-to-date period, GAAEX achieves a 0.80% return, which is significantly lower than FXAIX's 2.42% return. Over the past 10 years, GAAEX has underperformed FXAIX with an annualized return of 3.97%, while FXAIX has yielded a comparatively higher 12.86% annualized return.
GAAEX
0.80%
-1.74%
-10.84%
-5.53%
7.52%
3.97%
FXAIX
2.42%
-1.08%
7.43%
19.81%
14.30%
12.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GAAEX vs. FXAIX - Expense Ratio Comparison
GAAEX has a 1.98% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
GAAEX vs. FXAIX — Risk-Adjusted Performance Rank
GAAEX
FXAIX
GAAEX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guinness Atkinson Alternative Energy Fund (GAAEX) 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
GAAEX vs. FXAIX - Dividend Comparison
GAAEX's dividend yield for the trailing twelve months is around 0.26%, less than FXAIX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAAEX Guinness Atkinson Alternative Energy Fund | 0.26% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.30% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
GAAEX vs. FXAIX - Drawdown Comparison
The maximum GAAEX drawdown since its inception was -87.02%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for GAAEX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
GAAEX vs. FXAIX - Volatility Comparison
Guinness Atkinson Alternative Energy Fund (GAAEX) has a higher volatility of 5.61% compared to Fidelity 500 Index Fund (FXAIX) at 3.43%. This indicates that GAAEX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.