PERSISTENT.NS vs. FXAIX
Compare and contrast key facts about Persistent Systems Limited (PERSISTENT.NS) 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: PERSISTENT.NS or FXAIX.
Correlation
The correlation between PERSISTENT.NS and FXAIX is 0.10, 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
PERSISTENT.NS vs. FXAIX - Performance Comparison
Key characteristics
PERSISTENT.NS:
1.29
FXAIX:
1.93
PERSISTENT.NS:
1.92
FXAIX:
2.59
PERSISTENT.NS:
1.26
FXAIX:
1.35
PERSISTENT.NS:
1.91
FXAIX:
2.93
PERSISTENT.NS:
4.78
FXAIX:
12.16
PERSISTENT.NS:
9.78%
FXAIX:
2.04%
PERSISTENT.NS:
36.17%
FXAIX:
12.84%
PERSISTENT.NS:
-46.68%
FXAIX:
-33.79%
PERSISTENT.NS:
-6.55%
FXAIX:
-0.55%
Returns By Period
In the year-to-date period, PERSISTENT.NS achieves a -3.49% return, which is significantly lower than FXAIX's 3.53% return. Over the past 10 years, PERSISTENT.NS has outperformed FXAIX with an annualized return of 33.18%, while FXAIX has yielded a comparatively lower 13.56% annualized return.
PERSISTENT.NS
-3.49%
-1.28%
35.79%
44.98%
80.45%
33.18%
FXAIX
3.53%
3.03%
15.13%
23.46%
14.65%
13.56%
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Risk-Adjusted Performance
PERSISTENT.NS vs. FXAIX — Risk-Adjusted Performance Rank
PERSISTENT.NS
FXAIX
PERSISTENT.NS vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Persistent Systems Limited (PERSISTENT.NS) 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
PERSISTENT.NS vs. FXAIX - Dividend Comparison
PERSISTENT.NS's dividend yield for the trailing twelve months is around 0.48%, less than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PERSISTENT.NS Persistent Systems Limited | 0.48% | 0.40% | 0.54% | 0.80% | 0.41% | 0.79% | 1.64% | 1.60% | 1.26% | 1.30% | 1.17% | 0.72% |
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% | 4.15% | 3.95% |
Drawdowns
PERSISTENT.NS vs. FXAIX - Drawdown Comparison
The maximum PERSISTENT.NS drawdown since its inception was -46.68%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for PERSISTENT.NS and FXAIX. For additional features, visit the drawdowns tool.
Volatility
PERSISTENT.NS vs. FXAIX - Volatility Comparison
Persistent Systems Limited (PERSISTENT.NS) has a higher volatility of 16.94% compared to Fidelity 500 Index Fund (FXAIX) at 3.70%. This indicates that PERSISTENT.NS'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.