ORDNX vs. FXAIX
Compare and contrast key facts about North Square Preferred and Income Securities Fund (ORDNX) and Fidelity 500 Index Fund (FXAIX).
ORDNX is managed by North Square. It was launched on Jun 28, 2013. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ORDNX or FXAIX.
Correlation
The correlation between ORDNX and FXAIX is 0.80, 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
ORDNX vs. FXAIX - Performance Comparison
Key characteristics
ORDNX:
4.37
FXAIX:
1.87
ORDNX:
6.16
FXAIX:
2.52
ORDNX:
2.15
FXAIX:
1.34
ORDNX:
0.86
FXAIX:
2.82
ORDNX:
16.42
FXAIX:
11.69
ORDNX:
0.79%
FXAIX:
2.04%
ORDNX:
2.98%
FXAIX:
12.77%
ORDNX:
-34.37%
FXAIX:
-33.79%
ORDNX:
-4.19%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, ORDNX achieves a 1.52% return, which is significantly lower than FXAIX's 4.63% return. Over the past 10 years, ORDNX has underperformed FXAIX with an annualized return of 7.70%, while FXAIX has yielded a comparatively higher 13.14% annualized return.
ORDNX
1.52%
1.48%
4.11%
12.35%
5.36%
7.70%
FXAIX
4.63%
2.57%
10.02%
25.15%
14.81%
13.14%
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ORDNX vs. FXAIX - Expense Ratio Comparison
ORDNX has a 1.27% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
ORDNX vs. FXAIX — Risk-Adjusted Performance Rank
ORDNX
FXAIX
ORDNX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for North Square Preferred and Income Securities Fund (ORDNX) 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
ORDNX vs. FXAIX - Dividend Comparison
ORDNX's dividend yield for the trailing twelve months is around 4.20%, more than FXAIX's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ORDNX North Square Preferred and Income Securities Fund | 4.20% | 4.29% | 5.73% | 3.61% | 0.88% | 1.06% | 1.21% | 1.63% | 1.19% | 1.60% | 1.46% | 1.41% |
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
ORDNX vs. FXAIX - Drawdown Comparison
The maximum ORDNX drawdown since its inception was -34.37%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for ORDNX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
ORDNX vs. FXAIX - Volatility Comparison
The current volatility for North Square Preferred and Income Securities Fund (ORDNX) is 0.46%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.06%. This indicates that ORDNX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.