SPHIX vs. VOO
Compare and contrast key facts about Fidelity High Income Fund (SPHIX) and Vanguard S&P 500 ETF (VOO).
SPHIX is managed by Fidelity. It was launched on Aug 29, 1990. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPHIX or VOO.
Correlation
The correlation between SPHIX and VOO is 0.42, 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.
Performance
SPHIX vs. VOO - Performance Comparison
Key characteristics
SPHIX:
2.64
VOO:
2.25
SPHIX:
3.94
VOO:
2.98
SPHIX:
1.59
VOO:
1.42
SPHIX:
2.55
VOO:
3.31
SPHIX:
18.01
VOO:
14.77
SPHIX:
0.47%
VOO:
1.90%
SPHIX:
3.20%
VOO:
12.46%
SPHIX:
-31.35%
VOO:
-33.99%
SPHIX:
-1.63%
VOO:
-2.47%
Returns By Period
In the year-to-date period, SPHIX achieves a 8.62% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, SPHIX has underperformed VOO with an annualized return of 4.18%, while VOO has yielded a comparatively higher 13.08% annualized return.
SPHIX
8.62%
-0.88%
4.70%
8.76%
2.51%
4.18%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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SPHIX vs. VOO - Expense Ratio Comparison
SPHIX has a 0.70% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SPHIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity High Income Fund (SPHIX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
SPHIX vs. VOO - Dividend Comparison
SPHIX's dividend yield for the trailing twelve months is around 5.20%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
SPHIX vs. VOO - Drawdown Comparison
The maximum SPHIX drawdown since its inception was -31.35%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SPHIX and VOO. For additional features, visit the drawdowns tool.
Volatility
SPHIX vs. VOO - Volatility Comparison
The current volatility for Fidelity High Income Fund (SPHIX) is 1.10%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. This indicates that SPHIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.