MSIGX vs. FXAIX
Compare and contrast key facts about Invesco Main Street Fund (MSIGX) and Fidelity 500 Index Fund (FXAIX).
MSIGX is managed by Invesco. It was launched on Feb 3, 1988. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSIGX or FXAIX.
Correlation
The correlation between MSIGX and FXAIX is 0.97, 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
MSIGX vs. FXAIX - Performance Comparison
Key characteristics
MSIGX:
1.18
FXAIX:
1.87
MSIGX:
1.60
FXAIX:
2.52
MSIGX:
1.23
FXAIX:
1.34
MSIGX:
0.74
FXAIX:
2.83
MSIGX:
5.01
FXAIX:
11.72
MSIGX:
3.23%
FXAIX:
2.04%
MSIGX:
13.69%
FXAIX:
12.76%
MSIGX:
-62.52%
FXAIX:
-33.79%
MSIGX:
-8.73%
FXAIX:
-0.42%
Returns By Period
In the year-to-date period, MSIGX achieves a 5.10% return, which is significantly higher than FXAIX's 4.19% return. Over the past 10 years, MSIGX has underperformed FXAIX with an annualized return of 2.99%, while FXAIX has yielded a comparatively higher 13.09% annualized return.
MSIGX
5.10%
1.53%
4.40%
16.73%
4.78%
2.99%
FXAIX
4.19%
1.25%
10.54%
24.46%
14.70%
13.09%
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MSIGX vs. FXAIX - Expense Ratio Comparison
MSIGX has a 0.82% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
MSIGX vs. FXAIX — Risk-Adjusted Performance Rank
MSIGX
FXAIX
MSIGX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Main Street Fund (MSIGX) 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
MSIGX vs. FXAIX - Dividend Comparison
MSIGX's dividend yield for the trailing twelve months is around 0.69%, less than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSIGX Invesco Main Street Fund | 0.69% | 0.73% | 0.16% | 1.08% | 0.67% | 0.83% | 0.89% | 1.24% | 1.07% | 1.08% | 1.00% | 0.73% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
MSIGX vs. FXAIX - Drawdown Comparison
The maximum MSIGX drawdown since its inception was -62.52%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for MSIGX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
MSIGX vs. FXAIX - Volatility Comparison
Invesco Main Street Fund (MSIGX) has a higher volatility of 3.24% compared to Fidelity 500 Index Fund (FXAIX) at 3.00%. This indicates that MSIGX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.