RZLV vs. SPAXX
RZLV (Rezolve AI Ltd) is a stock, while SPAXX (Fidelity Government Money Market Fund) is Money Market fund actively managed by Fidelity. Over the past year, RZLV returned 14.71% vs 3.66% for SPAXX. At a correlation of -0.03, they often move in opposite directions.
Performance
RZLV vs. SPAXX - Performance Comparison
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Returns By Period
In the year-to-date period, RZLV achieves a -8.95% return, which is significantly lower than SPAXX's 1.37% return.
RZLV
- 1D
- 1.74%
- 1M
- -2.50%
- YTD
- -8.95%
- 6M
- -14.91%
- 1Y
- 14.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPAXX
- 1D
- 0.00%
- 1M
- 0.28%
- YTD
- 1.37%
- 6M
- 1.67%
- 1Y
- 3.66%
- 3Y*
- 2.42%
- 5Y*
- 1.45%
- 10Y*
- —
RZLV vs. SPAXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RZLV Rezolve AI Ltd | -8.95% | -32.72% | -64.95% |
SPAXX Fidelity Government Money Market Fund | 1.37% | 3.96% | 1.11% |
Correlation
The correlation between RZLV and SPAXX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2024 | -0.03 |
The correlation between RZLV and SPAXX shifts across timeframes, from -0.03 (all time) to 0.09 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RZLV vs. SPAXX — Risk / Return Rank
RZLV
SPAXX
RZLV vs. SPAXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rezolve AI Ltd (RZLV) and Fidelity Government Money Market Fund (SPAXX). 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.
| RZLV | SPAXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.52 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | — | — |
| Martin ratioReturn relative to average drawdown | 0.29 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RZLV | SPAXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 3.65 | -3.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 2.13 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | 2.12 | -2.51 |
Drawdowns
RZLV vs. SPAXX - Drawdown Comparison
The maximum RZLV drawdown since its inception was -89.04%, which is greater than SPAXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for RZLV and SPAXX.
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Drawdown Indicators
| RZLV | SPAXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.04% | 0.00% | -89.04% |
Max Drawdown (1Y)Largest decline over 1 year | -72.15% | 0.00% | -72.15% |
Max Drawdown (3Y)Largest decline over 3 years | — | 0.00% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | 0.00% | — |
Current DrawdownCurrent decline from peak | -77.30% | 0.00% | -77.30% |
Average DrawdownAverage peak-to-trough decline | -66.88% | 0.00% | -66.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.66% | 0.00% | +50.66% |
Volatility
RZLV vs. SPAXX - Volatility Comparison
Rezolve AI Ltd (RZLV) has a higher volatility of 25.15% compared to Fidelity Government Money Market Fund (SPAXX) at 0.28%. This indicates that RZLV's price experiences larger fluctuations and is considered to be riskier than SPAXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RZLV | SPAXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.15% | 0.28% | +24.87% |
Volatility (6M)Calculated over the trailing 6-month period | 81.08% | 0.72% | +80.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 117.13% | 1.03% | +116.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 144.67% | 0.69% | +143.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 144.67% | 0.69% | +143.98% |
Dividends
RZLV vs. SPAXX - Dividend Comparison
RZLV has not paid dividends to shareholders, while SPAXX's dividend yield for the trailing twelve months is around 3.59%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
RZLV Rezolve AI Ltd | 0.00% | 0.00% | 0.00% | 0.00% |
SPAXX Fidelity Government Money Market Fund | 3.59% | 3.88% | 1.53% | 0.41% |
Frequently Asked Questions
RZLV and SPAXX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RZLV has higher volatility (25.15%) compared to SPAXX (0.28%). In terms of maximum drawdown, RZLV dropped -89.04% vs SPAXX's 0.00%.
SPAXX currently has the higher Sharpe Ratio (3.65 vs 0.13), 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.
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