PIT vs. FNARX
Compare and contrast key facts about VanEck Commodity Strategy ETF (PIT) and Fidelity Natural Resources Fund (FNARX).
PIT is an actively managed fund by VanEck. It was launched on Dec 20, 2022. FNARX is managed by Fidelity. It was launched on Mar 3, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIT or FNARX.
Correlation
The correlation between PIT and FNARX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PIT vs. FNARX - Performance Comparison
Key characteristics
PIT:
0.65
FNARX:
0.60
PIT:
1.00
FNARX:
0.90
PIT:
1.12
FNARX:
1.11
PIT:
0.77
FNARX:
0.69
PIT:
2.17
FNARX:
1.58
PIT:
4.08%
FNARX:
6.58%
PIT:
13.70%
FNARX:
17.24%
PIT:
-12.27%
FNARX:
-72.60%
PIT:
-0.87%
FNARX:
-9.30%
Returns By Period
In the year-to-date period, PIT achieves a 5.21% return, which is significantly higher than FNARX's 4.81% return.
PIT
5.21%
0.17%
7.95%
9.32%
N/A
N/A
FNARX
4.81%
-0.68%
-5.45%
7.40%
14.82%
4.54%
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PIT vs. FNARX - Expense Ratio Comparison
PIT has a 0.55% expense ratio, which is lower than FNARX's 0.82% expense ratio.
Risk-Adjusted Performance
PIT vs. FNARX — Risk-Adjusted Performance Rank
PIT
FNARX
PIT vs. FNARX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Commodity Strategy ETF (PIT) and Fidelity Natural Resources Fund (FNARX). 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
PIT vs. FNARX - Dividend Comparison
PIT's dividend yield for the trailing twelve months is around 3.41%, more than FNARX's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIT VanEck Commodity Strategy ETF | 3.41% | 3.59% | 6.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNARX Fidelity Natural Resources Fund | 1.44% | 1.51% | 1.60% | 2.42% | 1.46% | 1.79% | 1.12% | 1.22% | 1.30% | 0.35% | 0.78% | 1.24% |
Drawdowns
PIT vs. FNARX - Drawdown Comparison
The maximum PIT drawdown since its inception was -12.27%, smaller than the maximum FNARX drawdown of -72.60%. Use the drawdown chart below to compare losses from any high point for PIT and FNARX. For additional features, visit the drawdowns tool.
Volatility
PIT vs. FNARX - Volatility Comparison
The current volatility for VanEck Commodity Strategy ETF (PIT) is 2.57%, while Fidelity Natural Resources Fund (FNARX) has a volatility of 4.93%. This indicates that PIT experiences smaller price fluctuations and is considered to be less risky than FNARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.