Correlation
The correlation between REAYX and FDFIX is 0.89, 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.
REAYX vs. FDFIX
Compare and contrast key facts about Russell Investments Equity Income Fund (REAYX) and Fidelity Flex 500 Index Fund (FDFIX).
REAYX is managed by Russell. It was launched on Mar 29, 2000. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REAYX or FDFIX.
Performance
REAYX vs. FDFIX - Performance Comparison
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Key characteristics
REAYX:
-0.22
FDFIX:
0.73
REAYX:
-0.17
FDFIX:
1.04
REAYX:
0.97
FDFIX:
1.15
REAYX:
-0.13
FDFIX:
0.69
REAYX:
-0.46
FDFIX:
2.62
REAYX:
11.21%
FDFIX:
4.93%
REAYX:
20.78%
FDFIX:
19.78%
REAYX:
-56.77%
FDFIX:
-33.77%
REAYX:
-32.09%
FDFIX:
-3.43%
Returns By Period
In the year-to-date period, REAYX achieves a 1.92% return, which is significantly higher than FDFIX's 1.03% return.
REAYX
1.92%
2.86%
-16.09%
-4.49%
-5.97%
2.25%
-3.75%
FDFIX
1.03%
6.31%
-1.39%
14.42%
14.41%
15.95%
N/A
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REAYX vs. FDFIX - Expense Ratio Comparison
REAYX has a 0.66% expense ratio, which is higher than FDFIX's 0.00% expense ratio.
Risk-Adjusted Performance
REAYX vs. FDFIX — Risk-Adjusted Performance Rank
REAYX
FDFIX
REAYX vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments Equity Income Fund (REAYX) and Fidelity Flex 500 Index Fund (FDFIX). 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.
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Dividends
REAYX vs. FDFIX - Dividend Comparison
REAYX's dividend yield for the trailing twelve months is around 15.36%, more than FDFIX's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REAYX Russell Investments Equity Income Fund | 15.36% | 15.38% | 13.55% | 19.13% | 10.47% | 3.61% | 1.86% | 45.26% | 14.47% | 0.00% | 0.79% | 17.55% |
FDFIX Fidelity Flex 500 Index Fund | 1.27% | 1.26% | 1.48% | 1.70% | 1.27% | 1.52% | 1.78% | 2.16% | 0.92% | 0.00% | 0.00% | 0.00% |
Drawdowns
REAYX vs. FDFIX - Drawdown Comparison
The maximum REAYX drawdown since its inception was -56.77%, which is greater than FDFIX's maximum drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for REAYX and FDFIX.
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Volatility
REAYX vs. FDFIX - Volatility Comparison
The current volatility for Russell Investments Equity Income Fund (REAYX) is 4.21%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 4.78%. This indicates that REAYX experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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