SVAIX vs. FSIDX
Compare and contrast key facts about Federated Hermes Strategic Value Dividend Fund (SVAIX) and Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX).
SVAIX is managed by Federated. It was launched on Mar 30, 2005. FSIDX is managed by Fidelity. It was launched on Dec 23, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVAIX or FSIDX.
Key characteristics
| SVAIX | FSIDX | |
|---|---|---|
| YTD Return | 18.66% | 15.12% |
| 1Y Return | 29.47% | 21.41% |
| 3Y Return (Ann) | 7.37% | 1.32% |
| 5Y Return (Ann) | 5.64% | 5.40% |
| 10Y Return (Ann) | 3.97% | 5.07% |
| Sharpe Ratio | 2.63 | 2.47 |
| Sortino Ratio | 3.65 | 3.41 |
| Omega Ratio | 1.49 | 1.47 |
| Calmar Ratio | 1.71 | 1.38 |
| Martin Ratio | 14.17 | 14.15 |
| Ulcer Index | 2.06% | 1.51% |
| Daily Std Dev | 11.12% | 8.62% |
| Max Drawdown | -50.87% | -58.58% |
| Current Drawdown | -1.28% | -0.94% |
Correlation
The correlation between SVAIX and FSIDX is 0.82, 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
SVAIX vs. FSIDX - Performance Comparison
In the year-to-date period, SVAIX achieves a 18.66% return, which is significantly higher than FSIDX's 15.12% return. Over the past 10 years, SVAIX has underperformed FSIDX with an annualized return of 3.97%, while FSIDX has yielded a comparatively higher 5.07% annualized return. 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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SVAIX vs. FSIDX - Expense Ratio Comparison
SVAIX has a 0.81% expense ratio, which is higher than FSIDX's 0.72% expense ratio.
Risk-Adjusted Performance
SVAIX vs. FSIDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Strategic Value Dividend Fund (SVAIX) and Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX). 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
SVAIX vs. FSIDX - Dividend Comparison
SVAIX's dividend yield for the trailing twelve months is around 3.80%, more than FSIDX's 2.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVAIX Federated Hermes Strategic Value Dividend Fund | 3.80% | 4.31% | 4.16% | 3.72% | 4.31% | 3.97% | 4.35% | 3.74% | 3.11% | 3.60% | 5.47% | 3.41% |
FSIDX Fidelity Advisor Strategic Dividend & Income Fund Class I | 2.55% | 2.80% | 2.63% | 2.20% | 2.64% | 2.16% | 3.34% | 2.72% | 2.77% | 4.39% | 9.15% | 3.90% |
Drawdowns
SVAIX vs. FSIDX - Drawdown Comparison
The maximum SVAIX drawdown since its inception was -50.87%, smaller than the maximum FSIDX drawdown of -58.58%. Use the drawdown chart below to compare losses from any high point for SVAIX and FSIDX. For additional features, visit the drawdowns tool.
Volatility
SVAIX vs. FSIDX - Volatility Comparison
Federated Hermes Strategic Value Dividend Fund (SVAIX) has a higher volatility of 3.01% compared to Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) at 2.41%. This indicates that SVAIX's price experiences larger fluctuations and is considered to be riskier than FSIDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.