GOOX vs. FXAIX
Compare and contrast key facts about T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and Fidelity 500 Index Fund (FXAIX).
GOOX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOX or FXAIX.
Correlation
The correlation between GOOX and FXAIX is 0.20, 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
GOOX vs. FXAIX - Performance Comparison
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Key characteristics
GOOX:
127.81%
FXAIX:
19.49%
GOOX:
-15.67%
FXAIX:
-33.79%
GOOX:
-14.13%
FXAIX:
-7.61%
Returns By Period
GOOX
N/A
N/A
N/A
N/A
N/A
N/A
FXAIX
-3.33%
5.66%
-4.96%
9.84%
16.37%
12.15%
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GOOX vs. FXAIX - Expense Ratio Comparison
GOOX has a 1.05% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
GOOX vs. FXAIX — Risk-Adjusted Performance Rank
GOOX
FXAIX
GOOX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) 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.
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Dividends
GOOX vs. FXAIX - Dividend Comparison
GOOX's dividend yield for the trailing twelve months is around 27.89%, more than FXAIX's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOX T-Rex 2X Long Alphabet Daily Target ETF | 27.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.31% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
GOOX vs. FXAIX - Drawdown Comparison
The maximum GOOX drawdown since its inception was -15.67%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for GOOX and FXAIX. For additional features, visit the drawdowns tool.
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Volatility
GOOX vs. FXAIX - Volatility Comparison
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