SPGRX vs. FSUVX

Last updated Aug 1, 2026

SPGRX (DWS Equity Sector Strategy Fund) and FSUVX (Fidelity SAI U.S. Low Volatility Index Fund) are both mutual funds - SPGRX is a Large Cap Blend Equities fund managed by DWS, while FSUVX is a Low Volatility fund managed by Fidelity. Over the past 10 years, SPGRX returned 10.80%/yr vs 11.13%/yr for FSUVX. Their correlation of 0.83 means they have usually moved in the same direction. SPGRX charges 0.48%/yr vs 0.11%/yr for FSUVX.

Performance

SPGRX vs. FSUVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Equity Sector Strategy Fund (SPGRX) and Fidelity SAI U.S. Low Volatility Index Fund (FSUVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPGRX achieves a 11.35% return, which is significantly higher than FSUVX's 8.73% return. Both investments have delivered pretty close results over the past 10 years, with SPGRX having a 10.80% annualized return and FSUVX not far ahead at 11.13%.

SPGRX

• 1D: 1.81%
• 1M: 0.37%
• 6M: 8.94%
• YTD: 11.35%
• 1Y: 24.19%
• 3Y*: 19.33%
• 5Y*: 12.02%
• 10Y*: 10.80%
• ALL TIME*: 6.58%

FSUVX

• 1D: 0.00%
• 1M: 1.14%
• 6M: 6.39%
• YTD: 8.73%
• 1Y: 14.88%
• 3Y*: 14.07%
• 5Y*: 9.11%
• 10Y*: 11.13%
• ALL TIME*: 11.56%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSUVX Fidelity SAI U.S. Low Volatility Index Fund	$0.00	$0.00	$0.00
SPGRX DWS Equity Sector Strategy Fund	$0.00	$0.00	$0.00

SPGRX vs. FSUVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPGRX DWS Equity Sector Strategy Fund	11.35%	20.85%	20.19%	21.55%	-16.21%	20.43%	10.96%	22.05%	-11.27%	16.87%
FSUVX Fidelity SAI U.S. Low Volatility Index Fund	8.73%	11.03%	17.40%	14.80%	-10.93%	21.51%	9.86%	27.73%	1.35%	17.68%

Correlation

The correlation between SPGRX and FSUVX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.65
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.84
Correlation (All Time) Calculated using the full available price history since Jun 5, 2015	0.83

The correlation between SPGRX and FSUVX shifts across timeframes, from 0.65 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SPGRX vs. FSUVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SPGRX

SPGRX Risk / Return Rank: 71
SPGRX Sharpe Ratio Rank: 72
SPGRX Sortino Ratio Rank: 69
SPGRX Omega Ratio Rank: 69
SPGRX Calmar Ratio Rank: 65
SPGRX Martin Ratio Rank: 79

FSUVX

FSUVX Risk / Return Rank: 61
FSUVX Sharpe Ratio Rank: 65
FSUVX Sortino Ratio Rank: 65
FSUVX Omega Ratio Rank: 61
FSUVX Calmar Ratio Rank: 53
FSUVX Martin Ratio Rank: 61

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SPGRX vs. FSUVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Equity Sector Strategy Fund (SPGRX) and Fidelity SAI U.S. Low Volatility Index Fund (FSUVX). 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.

	SPGRX	FSUVX	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.52	+0.22
Sortino ratio: Return per unit of downside risk	2.44	2.21	+0.23
Omega ratio: Gain probability vs. loss probability	1.31	1.27	+0.04
Calmar ratio: Return relative to maximum drawdown	2.26	1.87	+0.39
Martin ratio: Return relative to average drawdown	10.04	7.68	+2.36

SPGRX vs. FSUVX - Sharpe Ratio Comparison

The current SPGRX Sharpe Ratio is 1.74, which is comparable to the FSUVX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of SPGRX and FSUVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SPGRX vs. FSUVX - Drawdown Comparison

The maximum SPGRX drawdown since its inception was -46.55%, which is greater than FSUVX's maximum drawdown of -32.41%. Use the drawdown chart below to compare losses from any high point for SPGRX and FSUVX.

Drawdown Indicators

	SPGRX	FSUVX	Difference
Max Drawdown Largest peak-to-trough decline	-46.55%	-32.41%	-14.14%
Max Drawdown (1Y) Largest decline over 1 year	-9.84%	-7.28%	-2.56%
Max Drawdown (3Y) Largest decline over 3 years	-17.02%	-11.55%	-5.47%
Max Drawdown (5Y) Largest decline over 5 years	-23.74%	-19.48%	-4.26%
Max Drawdown (10Y) Largest decline over 10 years	-29.69%	-32.41%	+2.72%
Current Drawdown Current decline from peak	-1.10%	-0.68%	-0.42%
Average Drawdown Average peak-to-trough decline	-9.30%	-3.25%	-6.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	1.77%	+0.44%

Volatility

SPGRX vs. FSUVX - Volatility Comparison

DWS Equity Sector Strategy Fund (SPGRX) and Fidelity SAI U.S. Low Volatility Index Fund (FSUVX) have volatilities of 3.42% and 3.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPGRX	FSUVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	3.36%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	10.26%	7.10%	+3.16%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	9.00%	+3.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	13.00%	+2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.81%	15.19%	-0.38%

SPGRX vs. FSUVX - Expense Ratio Comparison

SPGRX has a 0.48% expense ratio, which is higher than FSUVX's 0.11% expense ratio.

Dividends

SPGRX vs. FSUVX - Dividend Comparison

SPGRX's dividend yield for the trailing twelve months is around 0.93%, less than FSUVX's 4.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSUVX Fidelity SAI U.S. Low Volatility Index Fund	4.09%	4.45%	2.25%	1.74%	4.12%	3.52%	1.31%	3.80%	2.63%	2.94%	2.23%	1.17%
SPGRX DWS Equity Sector Strategy Fund	0.93%	1.04%	1.21%	1.52%	1.84%	32.67%	2.04%	8.09%	2.35%	1.88%	3.48%	2.22%

Frequently Asked Questions

Can I hold both SPGRX and FSUVX in my portfolio?

SPGRX and FSUVX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPGRX or FSUVX?

SPGRX has higher volatility (3.42%) compared to FSUVX (3.36%). In terms of maximum drawdown, SPGRX dropped -46.55% vs FSUVX's -32.41%.

Which has better risk-adjusted returns?

SPGRX currently has the higher Sharpe Ratio (1.74 vs 1.52), 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.