SNL.AX vs. FXAIX

Last updated Apr 1, 2026

Compare and contrast key facts about Supply Network Limited (SNL.AX) and Fidelity 500 Index Fund (FXAIX).

FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.

Performance

SNL.AX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Supply Network Limited (SNL.AX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

SNL.AX vs. FXAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNL.AX Supply Network Limited	-2.37%	0.29%	106.34%	35.96%	22.48%	93.91%	29.27%	22.98%	10.36%	88.47%
FXAIX Fidelity 500 Index Fund	-9.43%	9.29%	37.59%	26.39%	-12.73%	36.25%	8.02%	32.10%	5.82%	12.54%

Different Trading Currencies

SNL.AX is traded in AUD, while FXAIX is traded in USD. To make them comparable, the FXAIX values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SNL.AX achieves a -2.37% return, which is significantly higher than FXAIX's -9.43% return. Over the past 10 years, SNL.AX has outperformed FXAIX with an annualized return of 35.56%, while FXAIX has yielded a comparatively lower 15.06% annualized return.

SNL.AX

• 1D: -1.42%
• 1M: -10.76%
• YTD: -2.37%
• 6M: -6.82%
• 1Y: -10.84%
• 3Y*: 39.16%
• 5Y*: 39.31%
• 10Y*: 35.56%

FXAIX

• 1D: -0.06%
• 1M: -4.07%
• YTD: -9.43%
• 6M: -7.89%
• 1Y: 4.36%
• 3Y*: 16.23%
• 5Y*: 13.73%
• 10Y*: 15.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SNL.AX vs. FXAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SNL.AX

SNL.AX Risk / Return Rank: 25
SNL.AX Sharpe Ratio Rank: 26
SNL.AX Sortino Ratio Rank: 23
SNL.AX Omega Ratio Rank: 24
SNL.AX Calmar Ratio Rank: 27
SNL.AX Martin Ratio Rank: 28

FXAIX

FXAIX Risk / Return Rank: 46
FXAIX Sharpe Ratio Rank: 41
FXAIX Sortino Ratio Rank: 45
FXAIX Omega Ratio Rank: 50
FXAIX Calmar Ratio Rank: 41
FXAIX Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SNL.AX vs. FXAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Supply Network Limited (SNL.AX) 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.

	SNL.AX	FXAIX	Difference
Sharpe ratio Return per unit of total volatility	-0.34	0.35	-0.69
Sortino ratio Return per unit of downside risk	-0.31	0.59	-0.90
Omega ratio Gain probability vs. loss probability	0.96	1.09	-0.13
Calmar ratio Return relative to maximum drawdown	-0.46	0.34	-0.79
Martin ratio Return relative to average drawdown	-0.82	0.96	-1.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNL.AX vs. FXAIX - Sharpe Ratio Comparison

The current SNL.AX Sharpe Ratio is -0.34, which is lower than the FXAIX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of SNL.AX 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.

Sharpe Ratios by Period

	SNL.AX	FXAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.34	0.35	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.23	0.95	+0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.06	0.92	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	1.06	-0.69

Correlation

The correlation between SNL.AX and FXAIX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

SNL.AX vs. FXAIX - Dividend Comparison

SNL.AX's dividend yield for the trailing twelve months is around 2.36%, more than FXAIX's 1.20% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SNL.AX Supply Network Limited	2.36%	2.16%	1.70%	2.93%	2.56%	1.90%	2.78%	3.24%	3.58%	2.54%	4.63%	16.83%
FXAIX Fidelity 500 Index Fund	1.20%	1.11%	1.25%	1.45%	1.69%	1.22%	1.60%	2.06%	2.72%	1.97%	2.52%	2.83%

Drawdowns

SNL.AX vs. FXAIX - Drawdown Comparison

The maximum SNL.AX drawdown since its inception was -87.50%, which is greater than FXAIX's maximum drawdown of -24.57%. Use the drawdown chart below to compare losses from any high point for SNL.AX and FXAIX.

Drawdown Indicators

	SNL.AX	FXAIX	Difference
Max Drawdown Largest peak-to-trough decline	-87.50%	-33.79%	-53.71%
Max Drawdown (1Y) Largest decline over 1 year	-24.94%	-12.13%	-12.81%
Max Drawdown (5Y) Largest decline over 5 years	-24.94%	-24.50%	-0.44%
Max Drawdown (10Y) Largest decline over 10 years	-38.08%	-33.79%	-4.29%
Current Drawdown Current decline from peak	-22.62%	-8.89%	-13.73%
Average Drawdown Average peak-to-trough decline	-34.09%	-3.83%	-30.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.88%	2.50%	+11.38%

Volatility

SNL.AX vs. FXAIX - Volatility Comparison

Supply Network Limited (SNL.AX) has a higher volatility of 14.95% compared to Fidelity 500 Index Fund (FXAIX) at 3.51%. This indicates that SNL.AX'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.

Volatility by Period

	SNL.AX	FXAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.95%	3.51%	+11.44%
Volatility (6M) Calculated over the trailing 6-month period	25.67%	7.47%	+18.20%
Volatility (1Y) Calculated over the trailing 1-year period	31.86%	16.06%	+15.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.86%	14.60%	+17.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.30%	16.40%	+16.90%