GOLDX vs. FXAIX
Compare and contrast key facts about Gabelli Gold Fund (GOLDX) and Fidelity 500 Index Fund (FXAIX).
GOLDX is managed by Gabelli. It was launched on Jul 10, 1994. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOLDX or FXAIX.
Performance
GOLDX vs. FXAIX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with GOLDX having a 25.22% return and FXAIX slightly higher at 26.26%. Over the past 10 years, GOLDX has underperformed FXAIX with an annualized return of 8.00%, while FXAIX has yielded a comparatively higher 13.07% annualized return.
GOLDX
25.22%
-11.34%
14.26%
34.50%
9.35%
8.00%
FXAIX
26.26%
1.79%
13.68%
32.38%
15.71%
13.07%
Key characteristics
| GOLDX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 1.31 | 2.69 |
| Sortino Ratio | 1.87 | 3.59 |
| Omega Ratio | 1.23 | 1.50 |
| Calmar Ratio | 0.58 | 3.90 |
| Martin Ratio | 4.93 | 17.53 |
| Ulcer Index | 7.13% | 1.88% |
| Daily Std Dev | 26.83% | 12.24% |
| Max Drawdown | -79.86% | -33.79% |
| Current Drawdown | -40.63% | -0.81% |
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GOLDX vs. FXAIX - Expense Ratio Comparison
GOLDX has a 1.51% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Correlation
The correlation between GOLDX and FXAIX is 0.22, 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.
Risk-Adjusted Performance
GOLDX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Gold Fund (GOLDX) 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
GOLDX vs. FXAIX - Dividend Comparison
GOLDX's dividend yield for the trailing twelve months is around 0.90%, less than FXAIX's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOLDX Gabelli Gold Fund | 0.90% | 1.13% | 0.00% | 0.00% | 1.69% | 0.83% | 0.34% | 0.52% | 2.18% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
GOLDX vs. FXAIX - Drawdown Comparison
The maximum GOLDX drawdown since its inception was -79.86%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for GOLDX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
GOLDX vs. FXAIX - Volatility Comparison
Gabelli Gold Fund (GOLDX) has a higher volatility of 8.96% compared to Fidelity 500 Index Fund (FXAIX) at 3.95%. This indicates that GOLDX'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.