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GVEQX vs. FXAIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GVEQX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Government Street Equity Fund (GVEQX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

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GVEQX vs. FXAIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
GVEQX
Government Street Equity Fund
-2.89%19.40%30.96%20.83%-17.25%29.20%22.30%35.61%-8.59%22.41%
FXAIX
Fidelity 500 Index Fund
-4.34%17.84%25.01%26.29%-18.14%28.71%18.42%31.48%-4.43%21.82%

Returns By Period

In the year-to-date period, GVEQX achieves a -2.89% return, which is significantly higher than FXAIX's -4.34% return. Both investments have delivered pretty close results over the past 10 years, with GVEQX having a 14.38% annualized return and FXAIX not far behind at 14.08%.


GVEQX

1D
3.20%
1M
-5.87%
YTD
-2.89%
6M
-1.72%
1Y
21.48%
3Y*
20.17%
5Y*
12.95%
10Y*
14.38%

FXAIX

1D
2.92%
1M
-5.02%
YTD
-4.34%
6M
-2.14%
1Y
17.32%
3Y*
18.30%
5Y*
11.79%
10Y*
14.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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GVEQX vs. FXAIX - Expense Ratio Comparison

GVEQX has a 0.85% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


Return for Risk

GVEQX vs. FXAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GVEQX
GVEQX Risk / Return Rank: 6565
Overall Rank
GVEQX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
GVEQX Sortino Ratio Rank: 6060
Sortino Ratio Rank
GVEQX Omega Ratio Rank: 5959
Omega Ratio Rank
GVEQX Calmar Ratio Rank: 7575
Calmar Ratio Rank
GVEQX Martin Ratio Rank: 7474
Martin Ratio Rank

FXAIX
FXAIX Risk / Return Rank: 6060
Overall Rank
FXAIX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
FXAIX Sortino Ratio Rank: 5353
Sortino Ratio Rank
FXAIX Omega Ratio Rank: 5656
Omega Ratio Rank
FXAIX Calmar Ratio Rank: 6464
Calmar Ratio Rank
FXAIX Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GVEQX vs. FXAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Government Street Equity Fund (GVEQX) 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.


GVEQXFXAIXDifference

Sharpe ratio

Return per unit of total volatility

1.16

0.97

+0.19

Sortino ratio

Return per unit of downside risk

1.71

1.49

+0.22

Omega ratio

Gain probability vs. loss probability

1.25

1.23

+0.02

Calmar ratio

Return relative to maximum drawdown

1.96

1.52

+0.44

Martin ratio

Return relative to average drawdown

8.00

7.30

+0.71

GVEQX vs. FXAIX - Sharpe Ratio Comparison

The current GVEQX Sharpe Ratio is 1.16, which is comparable to the FXAIX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of GVEQX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


GVEQXFXAIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.16

0.97

+0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.70

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.81

0.78

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.76

-0.25

Correlation

The correlation between GVEQX and FXAIX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

GVEQX vs. FXAIX - Dividend Comparison

GVEQX's dividend yield for the trailing twelve months is around 2.87%, more than FXAIX's 1.16% yield.


TTM20252024202320222021202020192018201720162015
GVEQX
Government Street Equity Fund
2.87%2.81%3.40%5.49%3.26%10.31%6.92%7.61%4.77%3.03%3.31%3.14%
FXAIX
Fidelity 500 Index Fund
1.16%1.11%1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%

Drawdowns

GVEQX vs. FXAIX - Drawdown Comparison

The maximum GVEQX drawdown since its inception was -54.53%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for GVEQX and FXAIX.


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Drawdown Indicators


GVEQXFXAIXDifference

Max Drawdown

Largest peak-to-trough decline

-54.53%

-33.79%

-20.74%

Max Drawdown (1Y)

Largest decline over 1 year

-11.54%

-12.13%

+0.59%

Max Drawdown (5Y)

Largest decline over 5 years

-24.25%

-24.50%

+0.25%

Max Drawdown (10Y)

Largest decline over 10 years

-32.85%

-33.79%

+0.94%

Current Drawdown

Current decline from peak

-7.36%

-6.23%

-1.13%

Average Drawdown

Average peak-to-trough decline

-8.69%

-3.83%

-4.86%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.82%

2.53%

+0.29%

Volatility

GVEQX vs. FXAIX - Volatility Comparison

Government Street Equity Fund (GVEQX) has a higher volatility of 6.12% compared to Fidelity 500 Index Fund (FXAIX) at 5.34%. This indicates that GVEQX'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.


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Volatility by Period


GVEQXFXAIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.12%

5.34%

+0.78%

Volatility (6M)

Calculated over the trailing 6-month period

10.91%

9.53%

+1.38%

Volatility (1Y)

Calculated over the trailing 1-year period

19.08%

18.32%

+0.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.01%

16.92%

+0.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.80%

18.05%

-0.25%