IQDY vs. FXAIX
Compare and contrast key facts about FlexShares International Quality Dividend Dynamic Index Fund (IQDY) and Fidelity 500 Index Fund (FXAIX).
IQDY is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust International Quality Dividend Dynamic Index. It was launched on Apr 12, 2013. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQDY or FXAIX.
Key characteristics
| IQDY | FXAIX | |
|---|---|---|
| YTD Return | 1.36% | 5.67% |
| 1Y Return | 14.06% | 23.72% |
| 3Y Return (Ann) | 2.27% | 7.94% |
| 5Y Return (Ann) | 7.10% | 13.14% |
| 10Y Return (Ann) | 4.61% | 12.46% |
| Sharpe Ratio | 0.89 | 1.91 |
| Daily Std Dev | 14.11% | 11.69% |
| Max Drawdown | -39.59% | -33.79% |
| Current Drawdown | -3.00% | -4.41% |
Correlation
The correlation between IQDY and FXAIX is 0.70, 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.
Performance
IQDY vs. FXAIX - Performance Comparison
In the year-to-date period, IQDY achieves a 1.36% return, which is significantly lower than FXAIX's 5.67% return. Over the past 10 years, IQDY has underperformed FXAIX with an annualized return of 4.61%, while FXAIX has yielded a comparatively higher 12.46% annualized 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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IQDY vs. FXAIX - Expense Ratio Comparison
IQDY has a 0.47% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
IQDY vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Dynamic Index Fund (IQDY) 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.
Dividends
IQDY vs. FXAIX - Dividend Comparison
IQDY's dividend yield for the trailing twelve months is around 6.18%, more than FXAIX's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDY FlexShares International Quality Dividend Dynamic Index Fund | 6.18% | 6.45% | 5.52% | 3.88% | 2.62% | 3.85% | 5.97% | 3.57% | 3.77% | 4.08% | 4.34% | 2.33% |
FXAIX Fidelity 500 Index Fund | 1.39% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
IQDY vs. FXAIX - Drawdown Comparison
The maximum IQDY drawdown since its inception was -39.59%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for IQDY and FXAIX. For additional features, visit the drawdowns tool.
Volatility
IQDY vs. FXAIX - Volatility Comparison
FlexShares International Quality Dividend Dynamic Index Fund (IQDY) and Fidelity 500 Index Fund (FXAIX) have volatilities of 3.79% and 3.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.