NEXTX vs. FXAIX
Compare and contrast key facts about Shelton Green Alpha Fund (NEXTX) and Fidelity 500 Index Fund (FXAIX).
NEXTX is managed by Shelton Capital Management. It was launched on Mar 12, 2013. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEXTX or FXAIX.
Correlation
The correlation between NEXTX and FXAIX is 0.76, 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
NEXTX vs. FXAIX - Performance Comparison
Key characteristics
NEXTX:
0.19
FXAIX:
1.87
NEXTX:
0.39
FXAIX:
2.52
NEXTX:
1.05
FXAIX:
1.34
NEXTX:
0.08
FXAIX:
2.83
NEXTX:
0.78
FXAIX:
11.72
NEXTX:
4.22%
FXAIX:
2.04%
NEXTX:
16.83%
FXAIX:
12.76%
NEXTX:
-48.68%
FXAIX:
-33.79%
NEXTX:
-36.22%
FXAIX:
-0.42%
Returns By Period
The year-to-date returns for both investments are quite close, with NEXTX having a 4.08% return and FXAIX slightly higher at 4.19%. Over the past 10 years, NEXTX has underperformed FXAIX with an annualized return of 8.28%, while FXAIX has yielded a comparatively higher 13.09% annualized return.
NEXTX
4.08%
-1.52%
0.42%
4.94%
7.38%
8.28%
FXAIX
4.19%
1.25%
10.54%
24.46%
14.70%
13.09%
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NEXTX vs. FXAIX - Expense Ratio Comparison
NEXTX has a 1.16% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
NEXTX vs. FXAIX — Risk-Adjusted Performance Rank
NEXTX
FXAIX
NEXTX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Green Alpha Fund (NEXTX) 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
NEXTX vs. FXAIX - Dividend Comparison
NEXTX's dividend yield for the trailing twelve months is around 0.19%, less than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEXTX Shelton Green Alpha Fund | 0.19% | 0.20% | 0.20% | 0.35% | 0.86% | 0.00% | 0.16% | 0.00% | 2.88% | 0.00% | 0.00% | 0.00% |
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
NEXTX vs. FXAIX - Drawdown Comparison
The maximum NEXTX drawdown since its inception was -48.68%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for NEXTX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
NEXTX vs. FXAIX - Volatility Comparison
Shelton Green Alpha Fund (NEXTX) has a higher volatility of 4.64% compared to Fidelity 500 Index Fund (FXAIX) at 3.00%. This indicates that NEXTX'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.