STSEX vs. FXAIX
Compare and contrast key facts about BlackRock Exchange Portfolio (STSEX) and Fidelity 500 Index Fund (FXAIX).
STSEX is managed by Blackrock. It was launched on Dec 17, 1976. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STSEX or FXAIX.
Key characteristics
| STSEX | FXAIX | |
|---|---|---|
| YTD Return | 18.87% | 27.16% |
| 1Y Return | 25.96% | 39.89% |
| 3Y Return (Ann) | 10.90% | 10.29% |
| 5Y Return (Ann) | 15.26% | 16.01% |
| 10Y Return (Ann) | 11.82% | 13.33% |
| Sharpe Ratio | 2.41 | 3.13 |
| Sortino Ratio | 3.19 | 4.16 |
| Omega Ratio | 1.44 | 1.59 |
| Calmar Ratio | 3.68 | 4.59 |
| Martin Ratio | 16.32 | 20.80 |
| Ulcer Index | 1.55% | 1.86% |
| Daily Std Dev | 10.51% | 12.39% |
| Max Drawdown | -49.89% | -33.79% |
| Current Drawdown | -0.45% | 0.00% |
Correlation
The correlation between STSEX and FXAIX is 0.92, 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. FXAIX - Performance Comparison
In the year-to-date period, STSEX achieves a 18.87% return, which is significantly lower than FXAIX's 27.16% return. Over the past 10 years, STSEX has underperformed FXAIX with an annualized return of 11.82%, while FXAIX has yielded a comparatively higher 13.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
STSEX vs. FXAIX - Expense Ratio Comparison
STSEX has a 0.81% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
STSEX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Exchange Portfolio (STSEX) 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.
Dividends
STSEX vs. FXAIX - Dividend Comparison
STSEX's dividend yield for the trailing twelve months is around 0.90%, less than FXAIX's 1.21% 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% | 2.43% | 1.65% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
STSEX vs. FXAIX - Drawdown Comparison
The maximum STSEX drawdown since its inception was -49.89%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for STSEX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
STSEX vs. FXAIX - Volatility Comparison
BlackRock Exchange Portfolio (STSEX) has a higher volatility of 4.44% compared to Fidelity 500 Index Fund (FXAIX) at 3.91%. This indicates that STSEX'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.