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SPHIX vs. DGRO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPHIX and DGRO is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

SPHIX vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity High Income Fund (SPHIX) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
46.71%
218.85%
SPHIX
DGRO

Key characteristics

Sharpe Ratio

SPHIX:

2.64

DGRO:

1.91

Sortino Ratio

SPHIX:

3.94

DGRO:

2.69

Omega Ratio

SPHIX:

1.59

DGRO:

1.35

Calmar Ratio

SPHIX:

2.55

DGRO:

3.15

Martin Ratio

SPHIX:

18.01

DGRO:

11.43

Ulcer Index

SPHIX:

0.47%

DGRO:

1.63%

Daily Std Dev

SPHIX:

3.20%

DGRO:

9.75%

Max Drawdown

SPHIX:

-31.35%

DGRO:

-35.10%

Current Drawdown

SPHIX:

-1.63%

DGRO:

-4.91%

Returns By Period

In the year-to-date period, SPHIX achieves a 8.62% return, which is significantly lower than DGRO's 16.70% return. Over the past 10 years, SPHIX has underperformed DGRO with an annualized return of 4.18%, while DGRO has yielded a comparatively higher 11.26% annualized return.


SPHIX

YTD

8.62%

1M

-0.88%

6M

4.70%

1Y

8.76%

5Y*

2.51%

10Y*

4.18%

DGRO

YTD

16.70%

1M

-2.05%

6M

7.52%

1Y

17.72%

5Y*

10.51%

10Y*

11.26%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPHIX vs. DGRO - Expense Ratio Comparison

SPHIX has a 0.70% expense ratio, which is higher than DGRO's 0.08% expense ratio.


SPHIX
Fidelity High Income Fund
Expense ratio chart for SPHIX: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for DGRO: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

SPHIX vs. DGRO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity High Income Fund (SPHIX) and iShares Core Dividend Growth ETF (DGRO). 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 SPHIX, currently valued at 2.64, compared to the broader market-1.000.001.002.003.004.002.641.71
The chart of Sortino ratio for SPHIX, currently valued at 3.94, compared to the broader market-2.000.002.004.006.008.0010.003.942.42
The chart of Omega ratio for SPHIX, currently valued at 1.59, compared to the broader market0.501.001.502.002.503.003.501.591.31
The chart of Calmar ratio for SPHIX, currently valued at 2.55, compared to the broader market0.002.004.006.008.0010.0012.0014.002.552.80
The chart of Martin ratio for SPHIX, currently valued at 18.01, compared to the broader market0.0020.0040.0060.0018.0110.15
SPHIX
DGRO

The current SPHIX Sharpe Ratio is 2.64, which is higher than the DGRO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of SPHIX and DGRO, 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 Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
2.64
1.71
SPHIX
DGRO

Dividends

SPHIX vs. DGRO - Dividend Comparison

SPHIX's dividend yield for the trailing twelve months is around 5.20%, more than DGRO's 2.26% yield.


TTM20232022202120202019201820172016201520142013
SPHIX
Fidelity High Income Fund
5.20%5.43%5.17%4.74%4.71%5.11%6.00%5.40%5.45%6.26%6.97%6.16%
DGRO
iShares Core Dividend Growth ETF
2.26%2.45%2.34%1.93%2.30%2.21%2.44%2.03%2.27%2.52%0.97%0.00%

Drawdowns

SPHIX vs. DGRO - Drawdown Comparison

The maximum SPHIX drawdown since its inception was -31.35%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for SPHIX and DGRO. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.63%
-4.91%
SPHIX
DGRO

Volatility

SPHIX vs. DGRO - Volatility Comparison

The current volatility for Fidelity High Income Fund (SPHIX) is 1.10%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 3.52%. This indicates that SPHIX experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
1.10%
3.52%
SPHIX
DGRO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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