GDG.AX vs. FXAIX
Compare and contrast key facts about Generation Development Group Limited (GDG.AX) and Fidelity 500 Index Fund (FXAIX).
FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDG.AX or FXAIX.
Correlation
The correlation between GDG.AX and FXAIX is 0.17, 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
GDG.AX vs. FXAIX - Performance Comparison
Key characteristics
GDG.AX:
4.60
FXAIX:
1.75
GDG.AX:
5.24
FXAIX:
2.36
GDG.AX:
1.69
FXAIX:
1.32
GDG.AX:
14.21
FXAIX:
2.66
GDG.AX:
49.32
FXAIX:
11.02
GDG.AX:
3.22%
FXAIX:
2.04%
GDG.AX:
34.32%
FXAIX:
12.89%
GDG.AX:
-96.57%
FXAIX:
-33.79%
GDG.AX:
-1.98%
FXAIX:
-2.12%
Returns By Period
In the year-to-date period, GDG.AX achieves a 37.78% return, which is significantly higher than FXAIX's 2.42% return. Over the past 10 years, GDG.AX has outperformed FXAIX with an annualized return of 32.77%, while FXAIX has yielded a comparatively lower 12.86% annualized return.
GDG.AX
37.78%
16.16%
92.96%
157.90%
45.45%
32.77%
FXAIX
2.42%
-1.08%
7.43%
19.81%
14.30%
12.86%
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Risk-Adjusted Performance
GDG.AX vs. FXAIX — Risk-Adjusted Performance Rank
GDG.AX
FXAIX
GDG.AX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Generation Development Group Limited (GDG.AX) 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
GDG.AX vs. FXAIX - Dividend Comparison
GDG.AX's dividend yield for the trailing twelve months is around 0.40%, less than FXAIX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDG.AX Generation Development Group Limited | 0.40% | 0.54% | 1.12% | 1.57% | 1.34% | 2.80% | 2.65% | 3.07% | 1.50% | 3.87% | 4.09% | 5.53% |
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
GDG.AX vs. FXAIX - Drawdown Comparison
The maximum GDG.AX drawdown since its inception was -96.57%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for GDG.AX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
GDG.AX vs. FXAIX - Volatility Comparison
Generation Development Group Limited (GDG.AX) has a higher volatility of 11.76% compared to Fidelity 500 Index Fund (FXAIX) at 3.37%. This indicates that GDG.AX'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.