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IXP vs. FCOM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IXP and FCOM is 0.87, 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.


-0.50.00.51.00.9

Performance

IXP vs. FCOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Comm Services ETF (IXP) and Fidelity MSCI Communication Services Index ETF (FCOM). The values are adjusted to include any dividend payments, if applicable.

80.00%100.00%120.00%140.00%160.00%180.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
107.19%
197.28%
IXP
FCOM

Key characteristics

Sharpe Ratio

IXP:

2.26

FCOM:

2.22

Sortino Ratio

IXP:

3.03

FCOM:

2.92

Omega Ratio

IXP:

1.40

FCOM:

1.40

Calmar Ratio

IXP:

2.19

FCOM:

1.67

Martin Ratio

IXP:

14.36

FCOM:

16.67

Ulcer Index

IXP:

2.37%

FCOM:

2.16%

Daily Std Dev

IXP:

15.01%

FCOM:

16.24%

Max Drawdown

IXP:

-50.11%

FCOM:

-46.76%

Current Drawdown

IXP:

-3.89%

FCOM:

-4.08%

Returns By Period

In the year-to-date period, IXP achieves a 32.66% return, which is significantly lower than FCOM's 34.41% return. Over the past 10 years, IXP has underperformed FCOM with an annualized return of 7.34%, while FCOM has yielded a comparatively higher 10.55% annualized return.


IXP

YTD

32.66%

1M

2.05%

6M

12.00%

1Y

32.42%

5Y*

11.10%

10Y*

7.34%

FCOM

YTD

34.41%

1M

2.01%

6M

15.89%

1Y

34.54%

5Y*

11.54%

10Y*

10.55%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IXP vs. FCOM - Expense Ratio Comparison

IXP has a 0.43% expense ratio, which is higher than FCOM's 0.08% expense ratio.


IXP
iShares Global Comm Services ETF
Expense ratio chart for IXP: current value at 0.43% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.43%
Expense ratio chart for FCOM: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

IXP vs. FCOM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Comm Services ETF (IXP) and Fidelity MSCI Communication Services Index ETF (FCOM). 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 IXP, currently valued at 2.26, compared to the broader market0.002.004.002.262.22
The chart of Sortino ratio for IXP, currently valued at 3.03, compared to the broader market-2.000.002.004.006.008.0010.003.032.92
The chart of Omega ratio for IXP, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.401.40
The chart of Calmar ratio for IXP, currently valued at 2.19, compared to the broader market0.005.0010.0015.002.191.67
The chart of Martin ratio for IXP, currently valued at 14.36, compared to the broader market0.0020.0040.0060.0080.00100.0014.3616.67
IXP
FCOM

The current IXP Sharpe Ratio is 2.26, which is comparable to the FCOM Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of IXP and FCOM, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.26
2.22
IXP
FCOM

Dividends

IXP vs. FCOM - Dividend Comparison

IXP's dividend yield for the trailing twelve months is around 1.33%, more than FCOM's 0.86% yield.


TTM20232022202120202019201820172016201520142013
IXP
iShares Global Comm Services ETF
1.33%1.24%1.43%1.80%0.95%2.18%4.32%3.40%4.02%3.89%12.39%3.40%
FCOM
Fidelity MSCI Communication Services Index ETF
0.86%0.77%1.04%0.90%0.68%0.86%2.78%7.54%2.25%2.92%2.69%0.25%

Drawdowns

IXP vs. FCOM - Drawdown Comparison

The maximum IXP drawdown since its inception was -50.11%, which is greater than FCOM's maximum drawdown of -46.76%. Use the drawdown chart below to compare losses from any high point for IXP and FCOM. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.89%
-4.08%
IXP
FCOM

Volatility

IXP vs. FCOM - Volatility Comparison

iShares Global Comm Services ETF (IXP) and Fidelity MSCI Communication Services Index ETF (FCOM) have volatilities of 4.94% and 5.16%, 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.


3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.94%
5.16%
IXP
FCOM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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