SRFMX vs. FXAIX
SRFMX (Sarofim Equity Fund) and FXAIX (Fidelity 500 Index Fund) are both mutual funds - SRFMX is a Large Cap Blend Equities fund managed by Sarofim, while FXAIX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, SRFMX returned 12.53%/yr vs 15.00%/yr for FXAIX. Their 0.95 correlation means they have historically moved very closely together. SRFMX charges 0.70%/yr vs 0.02%/yr for FXAIX.
Performance
SRFMX vs. FXAIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SRFMX achieves a 2.72% return, which is significantly lower than FXAIX's 9.35% return. Over the past 10 years, SRFMX has underperformed FXAIX with an annualized return of 12.53%, while FXAIX has yielded a comparatively higher 15.00% annualized return.
SRFMX
- 1D
- 1.76%
- 1M
- 0.58%
- 6M
- 2.46%
- YTD
- 2.72%
- 1Y
- 9.88%
- 3Y*
- 10.58%
- 5Y*
- 6.48%
- 10Y*
- 12.53%
- ALL TIME*
- 10.18%
FXAIX
- 1D
- 1.66%
- 1M
- -0.56%
- 6M
- 7.79%
- YTD
- 9.35%
- 1Y
- 20.63%
- 3Y*
- 19.03%
- 5Y*
- 12.68%
- 10Y*
- 15.00%
- ALL TIME*
- 13.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
SRFMX Sarofim Equity Fund | $0.00 | $0.00 | $0.00 |
SRFMX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SRFMX Sarofim Equity Fund | 2.72% | 11.35% | 13.67% | 21.41% | -19.20% | 27.72% | 24.38% | 35.64% | -6.98% | 25.90% |
FXAIX Fidelity 500 Index Fund | 9.35% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Correlation
The correlation between SRFMX and FXAIX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.95 |
The correlation between SRFMX and FXAIX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SRFMX vs. FXAIX — Risk / Return Rank
SRFMX
FXAIX
SRFMX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sarofim Equity Fund (SRFMX) 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.
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.
| SRFMX | FXAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.26 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.65 | 2.06 | -1.41 |
| Martin ratioReturn relative to average drawdown | 2.34 | 8.86 | -6.52 |
Loading charts...
Drawdowns
SRFMX vs. FXAIX - Drawdown Comparison
The maximum SRFMX drawdown since its inception was -32.46%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for SRFMX and FXAIX.
Loading charts...
Drawdown Indicators
| SRFMX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.46% | -33.79% | +1.33% |
Max Drawdown (1Y)Largest decline over 1 year | -12.05% | -8.89% | -3.16% |
Max Drawdown (3Y)Largest decline over 3 years | -16.95% | -18.76% | +1.81% |
Max Drawdown (5Y)Largest decline over 5 years | -27.63% | -24.50% | -3.13% |
Max Drawdown (10Y)Largest decline over 10 years | -32.46% | -33.79% | +1.33% |
Current DrawdownCurrent decline from peak | -1.96% | -2.11% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -5.84% | -3.77% | -2.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.34% | 2.07% | +1.27% |
Volatility
SRFMX vs. FXAIX - Volatility Comparison
Sarofim Equity Fund (SRFMX) has a higher volatility of 3.83% compared to Fidelity 500 Index Fund (FXAIX) at 3.44%. This indicates that SRFMX'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.
Loading charts...
Volatility by Period
| SRFMX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.83% | 3.44% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 10.48% | 10.09% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.04% | 12.86% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.09% | 17.03% | +1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.62% | 18.07% | +0.55% |
SRFMX vs. FXAIX - Expense Ratio Comparison
SRFMX has a 0.70% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Dividends
SRFMX vs. FXAIX - Dividend Comparison
SRFMX's dividend yield for the trailing twelve months is around 31.16%, more than FXAIX's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 1.07% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
SRFMX Sarofim Equity Fund | 31.16% | 31.88% | 18.62% | 11.14% | 8.76% | 8.36% | 7.36% | 5.03% | 7.42% | 5.41% | 1.68% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, SRFMX and FXAIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SRFMX has higher volatility (3.83%) compared to FXAIX (3.44%). In terms of maximum drawdown, SRFMX dropped -32.46% vs FXAIX's -33.79%.
FXAIX currently has the higher Sharpe Ratio (1.43 vs 0.60), 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.
Find the right allocation for SRFMX and FXAIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer