PBFDX vs. FXAIX
Compare and contrast key facts about Payson Total Return Fund (PBFDX) and Fidelity 500 Index Fund (FXAIX).
PBFDX is managed by Payson Funds. It was launched on Nov 25, 1991. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PBFDX or FXAIX.
Key characteristics
| PBFDX | FXAIX | |
|---|---|---|
| YTD Return | 21.10% | 26.20% |
| 1Y Return | 25.49% | 33.96% |
| 3Y Return (Ann) | 4.26% | 10.01% |
| 5Y Return (Ann) | 10.84% | 15.63% |
| 10Y Return (Ann) | 9.02% | 13.22% |
| Sharpe Ratio | 1.83 | 2.81 |
| Sortino Ratio | 2.53 | 3.75 |
| Omega Ratio | 1.34 | 1.53 |
| Calmar Ratio | 2.28 | 4.05 |
| Martin Ratio | 10.57 | 18.33 |
| Ulcer Index | 2.45% | 1.87% |
| Daily Std Dev | 14.15% | 12.16% |
| Max Drawdown | -56.40% | -33.79% |
| Current Drawdown | -1.98% | -0.85% |
Correlation
The correlation between PBFDX and FXAIX is 0.95, 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
PBFDX vs. FXAIX - Performance Comparison
In the year-to-date period, PBFDX achieves a 21.10% return, which is significantly lower than FXAIX's 26.20% return. Over the past 10 years, PBFDX has underperformed FXAIX with an annualized return of 9.02%, while FXAIX has yielded a comparatively higher 13.22% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PBFDX vs. FXAIX - Expense Ratio Comparison
PBFDX has a 0.82% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
PBFDX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Payson Total Return Fund (PBFDX) 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
PBFDX vs. FXAIX - Dividend Comparison
PBFDX's dividend yield for the trailing twelve months is around 0.40%, less than FXAIX's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBFDX Payson Total Return Fund | 0.40% | 0.76% | 1.05% | 0.47% | 0.69% | 0.61% | 0.67% | 0.82% | 1.44% | 1.14% | 2.44% | 1.28% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
PBFDX vs. FXAIX - Drawdown Comparison
The maximum PBFDX drawdown since its inception was -56.40%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for PBFDX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
PBFDX vs. FXAIX - Volatility Comparison
Payson Total Return Fund (PBFDX) has a higher volatility of 4.43% compared to Fidelity 500 Index Fund (FXAIX) at 3.80%. This indicates that PBFDX'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.