NEXNY vs. FXAIX
Compare and contrast key facts about Nexans S.A (NEXNY) and Fidelity 500 Index Fund (FXAIX).
FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEXNY or FXAIX.
Correlation
The correlation between NEXNY and FXAIX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NEXNY vs. FXAIX - Performance Comparison
Key characteristics
NEXNY:
0.55
FXAIX:
1.87
NEXNY:
1.03
FXAIX:
2.52
NEXNY:
1.14
FXAIX:
1.34
NEXNY:
0.56
FXAIX:
2.82
NEXNY:
1.29
FXAIX:
11.69
NEXNY:
17.24%
FXAIX:
2.04%
NEXNY:
40.05%
FXAIX:
12.77%
NEXNY:
-39.63%
FXAIX:
-33.79%
NEXNY:
-28.20%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, NEXNY achieves a 3.61% return, which is significantly lower than FXAIX's 4.63% return.
NEXNY
3.61%
12.16%
-16.33%
16.03%
N/A
N/A
FXAIX
4.63%
2.57%
10.02%
25.15%
14.81%
13.14%
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Risk-Adjusted Performance
NEXNY vs. FXAIX — Risk-Adjusted Performance Rank
NEXNY
FXAIX
NEXNY vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nexans S.A (NEXNY) 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
NEXNY vs. FXAIX - Dividend Comparison
NEXNY's dividend yield for the trailing twelve months is around 2.24%, more than FXAIX's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEXNY Nexans S.A | 2.24% | 2.32% | 2.60% | 1.39% | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.19% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
NEXNY vs. FXAIX - Drawdown Comparison
The maximum NEXNY drawdown since its inception was -39.63%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for NEXNY and FXAIX. For additional features, visit the drawdowns tool.
Volatility
NEXNY vs. FXAIX - Volatility Comparison
Nexans S.A (NEXNY) has a higher volatility of 13.05% compared to Fidelity 500 Index Fund (FXAIX) at 2.96%. This indicates that NEXNY'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.