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HOBEX vs. FDFIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HOBEX vs. FDFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Holbrook Income Fund (HOBEX) and Fidelity Flex 500 Index Fund (FDFIX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.39%
13.31%
HOBEX
FDFIX

Returns By Period

In the year-to-date period, HOBEX achieves a 6.92% return, which is significantly lower than FDFIX's 26.73% return.


HOBEX

YTD

6.92%

1M

1.02%

6M

3.40%

1Y

7.84%

5Y (annualized)

4.76%

10Y (annualized)

N/A

FDFIX

YTD

26.73%

1M

3.11%

6M

13.31%

1Y

32.85%

5Y (annualized)

15.78%

10Y (annualized)

N/A

Key characteristics


HOBEXFDFIX
Sharpe Ratio2.202.68
Sortino Ratio3.443.57
Omega Ratio1.721.50
Calmar Ratio2.863.90
Martin Ratio15.8617.51
Ulcer Index0.49%1.88%
Daily Std Dev3.56%12.27%
Max Drawdown-23.58%-33.77%
Current Drawdown0.00%-0.47%

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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.


HOBEX
Holbrook Income Fund
Expense ratio chart for HOBEX: current value at 1.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.60%
Expense ratio chart for FDFIX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Correlation

-0.50.00.51.00.2

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.

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.


Sharpe ratio
The chart of Sharpe ratio for HOBEX, currently valued at 2.20, compared to the broader market-1.000.001.002.003.004.005.002.202.68
The chart of Sortino ratio for HOBEX, currently valued at 3.44, compared to the broader market0.005.0010.003.443.57
The chart of Omega ratio for HOBEX, currently valued at 1.72, compared to the broader market1.002.003.004.001.721.50
The chart of Calmar ratio for HOBEX, currently valued at 2.86, compared to the broader market0.005.0010.0015.0020.002.863.90
The chart of Martin ratio for HOBEX, currently valued at 15.86, compared to the broader market0.0020.0040.0060.0080.00100.0015.8617.51
HOBEX
FDFIX

The current HOBEX Sharpe Ratio is 2.20, which is comparable to the FDFIX Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of HOBEX and FDFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.20
2.68
HOBEX
FDFIX

Dividends

HOBEX vs. FDFIX - Dividend Comparison

HOBEX's dividend yield for the trailing twelve months is around 6.03%, more than FDFIX's 1.23% yield.


TTM20232022202120202019201820172016
HOBEX
Holbrook Income Fund
6.03%6.36%4.83%4.34%5.44%3.00%3.53%2.92%1.21%
FDFIX
Fidelity Flex 500 Index Fund
1.23%1.48%1.70%1.18%1.52%1.78%1.81%0.85%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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.47%
HOBEX
FDFIX

Volatility

HOBEX vs. FDFIX - Volatility Comparison

The current volatility for Holbrook Income Fund (HOBEX) is 0.82%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 3.94%. 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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.82%
3.94%
HOBEX
FDFIX