RWR vs. FCOM
RWR (SPDR Dow Jones REIT ETF) and FCOM (Fidelity MSCI Communication Services Index ETF) are both exchange-traded funds - RWR is a REIT fund tracking the Dow Jones U.S. Select REIT Index, while FCOM is a Large Cap Growth Equities fund tracking the MSCI USA IMI Communication Services 25/50 Index. Both are passively managed. Over the past 10 years, RWR returned 5.05%/yr vs 10.74%/yr for FCOM. At a 0.45 correlation, their price movements are largely independent. RWR charges 0.25%/yr vs 0.08%/yr for FCOM.
Performance
RWR vs. FCOM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RWR achieves a 18.45% return, which is significantly higher than FCOM's -1.28% return. Over the past 10 years, RWR has underperformed FCOM with an annualized return of 5.05%, while FCOM has yielded a comparatively higher 10.74% annualized return.
RWR
- 1D
- 0.67%
- 1M
- 1.53%
- 6M
- 16.74%
- YTD
- 18.45%
- 1Y
- 22.28%
- 3Y*
- 11.14%
- 5Y*
- 4.74%
- 10Y*
- 5.05%
FCOM
- 1D
- -0.47%
- 1M
- 1.95%
- 6M
- -2.06%
- YTD
- -1.28%
- 1Y
- 13.62%
- 3Y*
- 21.28%
- 5Y*
- 6.76%
- 10Y*
- 10.74%
RWR vs. FCOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RWR SPDR Dow Jones REIT ETF | 18.45% | 3.20% | 7.74% | 13.76% | -26.09% | 45.47% | -11.40% | 22.71% | -4.47% | 3.47% |
FCOM Fidelity MSCI Communication Services Index ETF | -1.28% | 26.06% | 33.05% | 44.65% | -38.97% | 13.88% | 28.33% | 26.69% | -5.33% | 8.20% |
Correlation
The correlation between RWR and FCOM is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013 | 0.45 |
Over the past year, the correlation between RWR and FCOM has dropped to 0.23 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RWR vs. FCOM — Risk / Return Rank
RWR
FCOM
RWR vs. FCOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones REIT ETF (RWR) and Fidelity MSCI Communication Services Index ETF (FCOM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RWR | FCOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.16 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 1.01 | +1.77 |
| Martin ratioReturn relative to average drawdown | 9.46 | 3.30 | +6.16 |
Loading charts...
Drawdowns
RWR vs. FCOM - Drawdown Comparison
The maximum RWR drawdown since its inception was -74.92%, which is greater than FCOM's maximum drawdown of -46.76%. Use the drawdown chart below to compare losses from any high point for RWR and FCOM.
Loading charts...
Drawdown Indicators
| RWR | FCOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.92% | -46.76% | -28.16% |
Max Drawdown (1Y)Largest decline over 1 year | -8.04% | -13.48% | +5.44% |
Max Drawdown (3Y)Largest decline over 3 years | -18.85% | -21.16% | +2.31% |
Max Drawdown (5Y)Largest decline over 5 years | -32.58% | -46.76% | +14.18% |
Max Drawdown (10Y)Largest decline over 10 years | -44.39% | -46.76% | +2.37% |
Current DrawdownCurrent decline from peak | -0.90% | -4.58% | +3.68% |
Average DrawdownAverage peak-to-trough decline | -13.06% | -8.64% | -4.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 4.14% | -1.78% |
Volatility
RWR vs. FCOM - Volatility Comparison
The current volatility for SPDR Dow Jones REIT ETF (RWR) is 4.89%, while Fidelity MSCI Communication Services Index ETF (FCOM) has a volatility of 6.35%. This indicates that RWR experiences smaller price fluctuations and is considered to be less risky than FCOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RWR | FCOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.89% | 6.35% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 10.70% | 12.57% | -1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.12% | 16.14% | -2.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.06% | 21.33% | -2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 21.01% | +0.54% |
RWR vs. FCOM - Expense Ratio Comparison
RWR has a 0.25% expense ratio, which is higher than FCOM's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
RWR vs. FCOM - Dividend Comparison
RWR's dividend yield for the trailing twelve months is around 3.30%, more than FCOM's 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCOM Fidelity MSCI Communication Services Index ETF | 0.98% | 0.88% | 0.87% | 0.77% | 1.04% | 0.90% | 0.68% | 0.86% | 2.78% | 11.70% | 2.27% | 2.92% |
RWR SPDR Dow Jones REIT ETF | 3.30% | 3.78% | 3.76% | 3.75% | 3.81% | 2.79% | 3.73% | 3.36% | 4.19% | 3.05% | 4.39% | 3.17% |
Frequently Asked Questions
RWR and FCOM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCOM has higher volatility (6.35%) compared to RWR (4.89%). In terms of maximum drawdown, RWR dropped -74.92% vs FCOM's -46.76%.
On 10-year performance, FCOM leads with 10.74% vs 5.05% for RWR. On fees, FCOM is cheaper at 0.08% per year. On volatility, RWR has been the lower-risk option at 4.89%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FCOM has performed better with a 10.74% return vs 5.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FCOM is cheaper with a 0.08% expense ratio, compared with 0.25% for RWR.
RWR has the higher dividend yield at 3.30%, compared with 0.98% for FCOM.
RWR is categorized as REIT, while FCOM is Large Cap Growth Equities. RWR tracks Dow Jones U.S. Select REIT Index, while FCOM tracks MSCI USA IMI Communication Services 25/50 Index. They also come from different issuers: State Street and Fidelity. Their fees differ too: 0.25% for RWR and 0.08% for FCOM.
RWR currently has the higher Sharpe Ratio (1.59 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for RWR and FCOM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer