IWS vs. FIMVX
Compare and contrast key facts about iShares Russell Midcap Value ETF (IWS) and Fidelity Mid Cap Value Index Fund (FIMVX).
IWS is a passively managed fund by iShares that tracks the performance of the Russell Midcap Value Index. It was launched on Jul 17, 2001. FIMVX is managed by Fidelity. It was launched on Jul 11, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWS or FIMVX.
Performance
IWS vs. FIMVX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with IWS having a 16.73% return and FIMVX slightly higher at 16.86%.
IWS
16.73%
0.25%
8.68%
28.99%
9.84%
8.40%
FIMVX
16.86%
0.25%
8.77%
29.21%
9.97%
N/A
Key characteristics
| IWS | FIMVX | |
|---|---|---|
| Sharpe Ratio | 2.15 | 2.17 |
| Sortino Ratio | 3.01 | 3.03 |
| Omega Ratio | 1.37 | 1.37 |
| Calmar Ratio | 2.44 | 2.51 |
| Martin Ratio | 12.59 | 12.58 |
| Ulcer Index | 2.24% | 2.26% |
| Daily Std Dev | 13.10% | 13.09% |
| Max Drawdown | -62.40% | -43.61% |
| Current Drawdown | -2.35% | -2.34% |
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IWS vs. FIMVX - Expense Ratio Comparison
IWS has a 0.24% expense ratio, which is higher than FIMVX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between IWS and FIMVX is 1.00, 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.
Risk-Adjusted Performance
IWS vs. FIMVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Midcap Value ETF (IWS) and Fidelity Mid Cap Value Index Fund (FIMVX). 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
IWS vs. FIMVX - Dividend Comparison
IWS's dividend yield for the trailing twelve months is around 1.45%, less than FIMVX's 1.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWS iShares Russell Midcap Value ETF | 1.45% | 1.76% | 1.93% | 1.39% | 1.87% | 1.96% | 2.53% | 1.96% | 2.10% | 2.14% | 1.85% | 1.71% |
FIMVX Fidelity Mid Cap Value Index Fund | 1.74% | 1.89% | 2.00% | 1.45% | 1.23% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IWS vs. FIMVX - Drawdown Comparison
The maximum IWS drawdown since its inception was -62.40%, which is greater than FIMVX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for IWS and FIMVX. For additional features, visit the drawdowns tool.
Volatility
IWS vs. FIMVX - Volatility Comparison
iShares Russell Midcap Value ETF (IWS) and Fidelity Mid Cap Value Index Fund (FIMVX) have volatilities of 3.97% and 3.96%, 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.