QDEF vs. FXAIX
Compare and contrast key facts about FlexShares Quality Dividend Defensive Index Fund (QDEF) and Fidelity 500 Index Fund (FXAIX).
QDEF is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Dividend Defensive Index. It was launched on Dec 14, 2012. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QDEF or FXAIX.
Correlation
The correlation between QDEF and FXAIX is 0.90, 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
QDEF vs. FXAIX - Performance Comparison
Key characteristics
QDEF:
2.08
FXAIX:
1.82
QDEF:
2.86
FXAIX:
2.45
QDEF:
1.38
FXAIX:
1.33
QDEF:
3.90
FXAIX:
2.78
QDEF:
10.92
FXAIX:
11.50
QDEF:
1.90%
FXAIX:
2.04%
QDEF:
9.92%
FXAIX:
12.82%
QDEF:
-35.74%
FXAIX:
-33.79%
QDEF:
-0.83%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, QDEF achieves a 3.47% return, which is significantly lower than FXAIX's 4.09% return. Over the past 10 years, QDEF has underperformed FXAIX with an annualized return of 10.30%, while FXAIX has yielded a comparatively higher 13.15% annualized return.
QDEF
3.47%
4.18%
7.25%
21.54%
10.86%
10.30%
FXAIX
4.09%
4.74%
11.02%
23.93%
14.40%
13.15%
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QDEF vs. FXAIX - Expense Ratio Comparison
QDEF has a 0.37% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
QDEF vs. FXAIX — Risk-Adjusted Performance Rank
QDEF
FXAIX
QDEF vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Quality Dividend Defensive Index Fund (QDEF) 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
QDEF vs. FXAIX - Dividend Comparison
QDEF's dividend yield for the trailing twelve months is around 1.79%, more than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDEF FlexShares Quality Dividend Defensive Index Fund | 1.79% | 1.85% | 2.21% | 2.42% | 1.84% | 2.50% | 3.17% | 7.10% | 2.70% | 2.90% | 3.01% | 2.51% |
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
QDEF vs. FXAIX - Drawdown Comparison
The maximum QDEF drawdown since its inception was -35.74%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for QDEF and FXAIX. For additional features, visit the drawdowns tool.
Volatility
QDEF vs. FXAIX - Volatility Comparison
The current volatility for FlexShares Quality Dividend Defensive Index Fund (QDEF) is 2.26%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.62%. This indicates that QDEF 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.