Correlation
The correlation between MLOZX and FDFIX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
MLOZX vs. FDFIX
Compare and contrast key facts about Cohen & Steers MLP & Energy Opportunity Fund, Inc. (MLOZX) and Fidelity Flex 500 Index Fund (FDFIX).
MLOZX is managed by Cohen & Steers. It was launched on Dec 19, 2013. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLOZX or FDFIX.
Performance
MLOZX vs. FDFIX - Performance Comparison
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Key characteristics
MLOZX:
-0.07
FDFIX:
0.73
MLOZX:
-0.02
FDFIX:
1.04
MLOZX:
1.00
FDFIX:
1.15
MLOZX:
-0.12
FDFIX:
0.69
MLOZX:
-0.38
FDFIX:
2.62
MLOZX:
6.66%
FDFIX:
4.93%
MLOZX:
20.85%
FDFIX:
19.78%
MLOZX:
-72.28%
FDFIX:
-33.77%
MLOZX:
-8.02%
FDFIX:
-3.43%
Returns By Period
In the year-to-date period, MLOZX achieves a -1.54% return, which is significantly lower than FDFIX's 1.03% return.
MLOZX
-1.54%
7.98%
-7.92%
-1.53%
5.27%
16.62%
2.10%
FDFIX
1.03%
6.31%
-1.39%
14.42%
14.41%
15.95%
N/A
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MLOZX vs. FDFIX - Expense Ratio Comparison
MLOZX has a 0.90% expense ratio, which is higher than FDFIX's 0.00% expense ratio.
Risk-Adjusted Performance
MLOZX vs. FDFIX — Risk-Adjusted Performance Rank
MLOZX
FDFIX
MLOZX vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers MLP & Energy Opportunity Fund, Inc. (MLOZX) 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.
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Dividends
MLOZX vs. FDFIX - Dividend Comparison
MLOZX's dividend yield for the trailing twelve months is around 5.95%, more than FDFIX's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLOZX Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 5.95% | 10.24% | 4.61% | 3.66% | 3.81% | 6.57% | 5.21% | 4.44% | 3.86% | 3.72% | 6.05% | 3.17% |
FDFIX Fidelity Flex 500 Index Fund | 1.27% | 1.26% | 1.48% | 1.70% | 1.27% | 1.52% | 1.78% | 2.16% | 0.92% | 0.00% | 0.00% | 0.00% |
Drawdowns
MLOZX vs. FDFIX - Drawdown Comparison
The maximum MLOZX drawdown since its inception was -72.28%, which is greater than FDFIX's maximum drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for MLOZX and FDFIX.
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Volatility
MLOZX vs. FDFIX - Volatility Comparison
Cohen & Steers MLP & Energy Opportunity Fund, Inc. (MLOZX) has a higher volatility of 5.11% compared to Fidelity Flex 500 Index Fund (FDFIX) at 4.78%. This indicates that MLOZX's price experiences larger fluctuations and is considered to be riskier than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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