HOBEX vs. FDFIX
Compare and contrast key facts about Holbrook Income Fund (HOBEX) and Fidelity Flex 500 Index Fund (FDFIX).
HOBEX is managed by Holbrook Holdings. It was launched on Jul 6, 2016. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HOBEX or FDFIX.
Key characteristics
| HOBEX | FDFIX | |
|---|---|---|
| YTD Return | 6.15% | 23.31% |
| 1Y Return | 6.73% | 40.67% |
| 3Y Return (Ann) | 2.78% | 9.79% |
| 5Y Return (Ann) | 4.63% | 15.54% |
| Sharpe Ratio | 2.07 | 3.42 |
| Sortino Ratio | 3.24 | 4.51 |
| Omega Ratio | 1.67 | 1.64 |
| Calmar Ratio | 2.72 | 4.18 |
| Martin Ratio | 14.61 | 22.57 |
| Ulcer Index | 0.51% | 1.84% |
| Daily Std Dev | 3.60% | 12.16% |
| Max Drawdown | -23.58% | -33.77% |
| Current Drawdown | 0.00% | -0.84% |
Correlation
The correlation between HOBEX and FDFIX 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
HOBEX vs. FDFIX - Performance Comparison
In the year-to-date period, HOBEX achieves a 6.15% return, which is significantly lower than FDFIX's 23.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HOBEX vs. FDFIX - Expense Ratio Comparison
HOBEX has a 1.60% expense ratio, which is higher than FDFIX's 0.00% expense ratio.
Risk-Adjusted Performance
HOBEX vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Holbrook Income Fund (HOBEX) and Fidelity Flex 500 Index Fund (FDFIX). 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
HOBEX vs. FDFIX - Dividend Comparison
HOBEX's dividend yield for the trailing twelve months is around 5.42%, more than FDFIX's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
HOBEX Holbrook Income Fund | 5.42% | 6.37% | 4.83% | 4.44% | 5.44% | 3.00% | 5.92% | 2.75% | 1.21% |
FDFIX Fidelity Flex 500 Index Fund | 1.26% | 1.48% | 1.70% | 1.27% | 1.52% | 1.78% | 2.16% | 0.92% | 0.00% |
Drawdowns
HOBEX vs. FDFIX - Drawdown Comparison
The maximum HOBEX drawdown since its inception was -23.58%, smaller than the maximum FDFIX drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for HOBEX and FDFIX. For additional features, visit the drawdowns tool.
Volatility
HOBEX vs. FDFIX - Volatility Comparison
The current volatility for Holbrook Income Fund (HOBEX) is 0.96%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 2.57%. This indicates that HOBEX experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.