HTDIX vs. FXAIX

Last updated Jun 4, 2026

HTDIX (Tactical Dividend and Momentum Fund) and FXAIX (Fidelity 500 Index Fund) are both mutual funds - HTDIX is a Tactical Allocation fund managed by Hanlon, while FXAIX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, HTDIX returned 7.36%/yr vs 15.66%/yr for FXAIX. Their correlation of 0.85 suggests significant overlap in exposure. HTDIX charges 1.40%/yr vs 0.02%/yr for FXAIX.

Performance

HTDIX vs. FXAIX - Performance Comparison

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

Returns By Period

In the year-to-date period, HTDIX achieves a 8.49% return, which is significantly lower than FXAIX's 11.71% return. Over the past 10 years, HTDIX has underperformed FXAIX with an annualized return of 7.36%, while FXAIX has yielded a comparatively higher 15.66% annualized return.

HTDIX

• 1D: 0.31%
• 1M: 6.01%
• YTD: 8.49%
• 6M: 8.57%
• 1Y: 20.77%
• 3Y*: 16.56%
• 5Y*: 7.77%
• 10Y*: 7.36%

FXAIX

• 1D: 0.13%
• 1M: 5.80%
• YTD: 11.71%
• 6M: 11.74%
• 1Y: 28.99%
• 3Y*: 22.75%
• 5Y*: 14.28%
• 10Y*: 15.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HTDIX vs. FXAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HTDIX Tactical Dividend and Momentum Fund	8.49%	12.92%	18.32%	12.48%	-15.78%	17.64%	4.37%	14.00%	-5.63%	14.81%
FXAIX Fidelity 500 Index Fund	11.71%	17.84%	25.01%	26.29%	-18.14%	28.71%	18.42%	31.48%	-4.43%	21.82%

Correlation

The correlation between HTDIX and FXAIX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Sep 25, 2015	0.85

The correlation between HTDIX and FXAIX shifts across timeframes, from 0.82 (5 years) to 0.96 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

HTDIX vs. FXAIX — Risk / Return Rank

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

HTDIX

HTDIX Risk / Return Rank: 60
HTDIX Sharpe Ratio Rank: 53
HTDIX Sortino Ratio Rank: 47
HTDIX Omega Ratio Rank: 50
HTDIX Calmar Ratio Rank: 80
HTDIX Martin Ratio Rank: 69

FXAIX

FXAIX Risk / Return Rank: 73
FXAIX Sharpe Ratio Rank: 76
FXAIX Sortino Ratio Rank: 67
FXAIX Omega Ratio Rank: 67
FXAIX Calmar Ratio Rank: 74
FXAIX Martin Ratio Rank: 83

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.

HTDIX vs. FXAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tactical Dividend and Momentum Fund (HTDIX) 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.

	HTDIX	FXAIX	Difference
Sharpe ratio Return per unit of total volatility	2.14	2.52	-0.38
Sortino ratio Return per unit of downside risk	2.88	3.42	-0.55
Omega ratio Gain probability vs. loss probability	1.39	1.46	-0.07
Calmar ratio Return relative to maximum drawdown	3.64	3.36	+0.28
Martin ratio Return relative to average drawdown	13.41	15.70	-2.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HTDIX vs. FXAIX - Sharpe Ratio Comparison

The current HTDIX Sharpe Ratio is 2.14, which is comparable to the FXAIX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of HTDIX and FXAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HTDIX	FXAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	2.52	-0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.85	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.87	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.82	-0.28

Drawdowns

HTDIX vs. FXAIX - Drawdown Comparison

The maximum HTDIX drawdown since its inception was -18.08%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for HTDIX and FXAIX.

Drawdown Indicators

	HTDIX	FXAIX	Difference
Max Drawdown Largest peak-to-trough decline	-18.08%	-33.79%	+15.71%
Max Drawdown (1Y) Largest decline over 1 year	-5.93%	-8.89%	+2.96%
Max Drawdown (3Y) Largest decline over 3 years	-18.08%	-18.76%	+0.68%
Max Drawdown (5Y) Largest decline over 5 years	-18.08%	-24.50%	+6.42%
Max Drawdown (10Y) Largest decline over 10 years	-18.08%	-33.79%	+15.71%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.40%	-3.79%	-1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	1.90%	-0.29%

Volatility

HTDIX vs. FXAIX - Volatility Comparison

The current volatility for Tactical Dividend and Momentum Fund (HTDIX) is 2.52%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 2.83%. This indicates that HTDIX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HTDIX	FXAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	2.83%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	6.88%	8.97%	-2.09%
Volatility (1Y) Calculated over the trailing 1-year period	10.10%	11.86%	-1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.38%	16.91%	-5.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.15%	18.07%	-5.92%

HTDIX vs. FXAIX - Expense Ratio Comparison

HTDIX has a 1.40% expense ratio, which is higher than FXAIX's 0.02% expense ratio.

Dividends

HTDIX vs. FXAIX - Dividend Comparison

HTDIX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FXAIX Fidelity 500 Index Fund	1.03%	1.11%	1.25%	1.45%	1.69%	1.22%	1.60%	2.06%	2.72%	1.97%	2.52%	2.83%
HTDIX Tactical Dividend and Momentum Fund	0.00%	0.00%	0.00%	1.92%	0.00%	14.07%	0.00%	0.69%	0.36%	0.65%	1.29%	0.34%

Frequently Asked Questions

Can I hold both HTDIX and FXAIX in my portfolio?

With a correlation of 0.96, HTDIX and FXAIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, HTDIX or FXAIX?

FXAIX has higher volatility (2.83%) compared to HTDIX (2.52%). In terms of maximum drawdown, HTDIX dropped -18.08% vs FXAIX's -33.79%.

Which has better risk-adjusted returns?

FXAIX currently has the higher Sharpe Ratio (2.52 vs 2.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.