STSEX vs. FNILX
Compare and contrast key facts about BlackRock Exchange Portfolio (STSEX) and Fidelity ZERO Large Cap Index Fund (FNILX).
STSEX is managed by Blackrock. It was launched on Dec 17, 1976. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STSEX or FNILX.
Key characteristics
| STSEX | FNILX | |
|---|---|---|
| YTD Return | 18.35% | 18.87% |
| 1Y Return | 25.97% | 28.57% |
| 3Y Return (Ann) | 13.24% | 9.35% |
| 5Y Return (Ann) | 16.09% | 15.33% |
| Sharpe Ratio | 2.47 | 2.20 |
| Daily Std Dev | 10.46% | 12.86% |
| Max Drawdown | -49.89% | -33.75% |
| Current Drawdown | -0.60% | -0.69% |
Correlation
The correlation between STSEX and FNILX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
STSEX vs. FNILX - Performance Comparison
The year-to-date returns for both investments are quite close, with STSEX having a 18.35% return and FNILX slightly higher at 18.87%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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STSEX vs. FNILX - Expense Ratio Comparison
STSEX has a 0.81% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Risk-Adjusted Performance
STSEX vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Exchange Portfolio (STSEX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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
STSEX vs. FNILX - Dividend Comparison
STSEX's dividend yield for the trailing twelve months is around 0.90%, less than FNILX's 1.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STSEX BlackRock Exchange Portfolio | 0.90% | 1.07% | 1.22% | 1.01% | 1.33% | 1.40% | 1.73% | 1.67% | 1.95% | 1.94% | 2.44% | 1.65% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.13% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
STSEX vs. FNILX - Drawdown Comparison
The maximum STSEX drawdown since its inception was -49.89%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for STSEX and FNILX. For additional features, visit the drawdowns tool.
Volatility
STSEX vs. FNILX - Volatility Comparison
The current volatility for BlackRock Exchange Portfolio (STSEX) is 2.77%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 4.04%. This indicates that STSEX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.