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SHRAX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SHRAX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Aggressive Growth Fund (SHRAX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
13.04%
13.28%
SHRAX
FXAIX

Returns By Period

In the year-to-date period, SHRAX achieves a 16.83% return, which is significantly lower than FXAIX's 26.70% return. Over the past 10 years, SHRAX has underperformed FXAIX with an annualized return of -5.16%, while FXAIX has yielded a comparatively higher 13.12% annualized return.


SHRAX

YTD

16.83%

1M

6.92%

6M

13.05%

1Y

13.97%

5Y (annualized)

-8.58%

10Y (annualized)

-5.16%

FXAIX

YTD

26.70%

1M

3.09%

6M

13.28%

1Y

32.84%

5Y (annualized)

15.78%

10Y (annualized)

13.12%

Key characteristics


SHRAXFXAIX
Sharpe Ratio0.772.68
Sortino Ratio1.033.58
Omega Ratio1.161.50
Calmar Ratio0.253.89
Martin Ratio2.5317.48
Ulcer Index5.52%1.88%
Daily Std Dev18.20%12.24%
Max Drawdown-57.84%-33.79%
Current Drawdown-45.50%-0.46%

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SHRAX vs. FXAIX - Expense Ratio Comparison

SHRAX has a 1.11% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


SHRAX
ClearBridge Aggressive Growth Fund
Expense ratio chart for SHRAX: current value at 1.11% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.11%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Correlation

-0.50.00.51.00.9

The correlation between SHRAX and FXAIX is 0.88, 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.

Risk-Adjusted Performance

SHRAX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Aggressive Growth Fund (SHRAX) 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.


Sharpe ratio
The chart of Sharpe ratio for SHRAX, currently valued at 0.77, compared to the broader market-1.000.001.002.003.004.005.000.772.68
The chart of Sortino ratio for SHRAX, currently valued at 1.03, compared to the broader market0.005.0010.001.033.58
The chart of Omega ratio for SHRAX, currently valued at 1.16, compared to the broader market1.002.003.004.001.161.50
The chart of Calmar ratio for SHRAX, currently valued at 0.25, compared to the broader market0.005.0010.0015.0020.000.253.89
The chart of Martin ratio for SHRAX, currently valued at 2.53, compared to the broader market0.0020.0040.0060.0080.00100.002.5317.48
SHRAX
FXAIX

The current SHRAX Sharpe Ratio is 0.77, which is lower than the FXAIX Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of SHRAX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.77
2.68
SHRAX
FXAIX

Dividends

SHRAX vs. FXAIX - Dividend Comparison

SHRAX's dividend yield for the trailing twelve months is around 0.12%, less than FXAIX's 1.21% yield.


TTM20232022202120202019201820172016201520142013
SHRAX
ClearBridge Aggressive Growth Fund
0.12%0.15%0.00%0.00%0.18%0.48%0.25%0.19%0.36%0.00%0.00%0.00%
FXAIX
Fidelity 500 Index Fund
1.21%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

SHRAX vs. FXAIX - Drawdown Comparison

The maximum SHRAX drawdown since its inception was -57.84%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for SHRAX and FXAIX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-45.50%
-0.46%
SHRAX
FXAIX

Volatility

SHRAX vs. FXAIX - Volatility Comparison

ClearBridge Aggressive Growth Fund (SHRAX) has a higher volatility of 5.19% compared to Fidelity 500 Index Fund (FXAIX) at 3.96%. This indicates that SHRAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
5.19%
3.96%
SHRAX
FXAIX