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SWZ vs. FSUVX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SWZ vs. FSUVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Total Return Securities Fund (SWZ) and Fidelity SAI U.S. Low Volatility Index Fund (FSUVX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SWZ achieves a -5.14% return, which is significantly lower than FSUVX's 8.73% return. Both investments have delivered pretty close results over the past 10 years, with SWZ having a 11.67% annualized return and FSUVX not far behind at 11.13%.


SWZ

1D
0.17%
1M
-0.34%
6M
-0.34%
YTD
-5.14%
1Y
-1.67%
3Y*
19.90%
5Y*
11.63%
10Y*
11.67%
ALL TIME*
6.33%

FSUVX

1D
0.00%
1M
1.14%
6M
6.39%
YTD
8.73%
1Y
14.88%
3Y*
14.07%
5Y*
9.11%
10Y*
11.13%
ALL TIME*
11.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$177.26K$207.26K$377.27K

SWZ vs. FSUVX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SWZ
Total Return Securities Fund
-5.14%86.85%-2.46%15.50%-17.69%18.20%14.19%24.00%-13.18%26.28%
FSUVX
Fidelity SAI U.S. Low Volatility Index Fund
8.73%11.03%17.40%14.80%-10.93%21.51%9.86%27.73%1.35%17.68%

Correlation

The correlation between SWZ and FSUVX is 0.38, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.38

Correlation (3Y)
Balances recent behavior with more history.

0.39

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.46

Correlation (10Y)
Provides a long-term view across more market conditions.

0.45

Correlation (All Time)
Calculated using the full available price history since Jun 5, 2015

0.47

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Return for Risk

SWZ vs. FSUVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SWZ
SWZ Risk / Return Rank: 11
Overall Rank
SWZ Sharpe Ratio Rank: 11
Sharpe Ratio Rank
SWZ Sortino Ratio Rank: 11
Sortino Ratio Rank
SWZ Omega Ratio Rank: 11
Omega Ratio Rank
SWZ Calmar Ratio Rank: 11
Calmar Ratio Rank
SWZ Martin Ratio Rank: 11
Martin Ratio Rank

FSUVX
FSUVX Risk / Return Rank: 6161
Overall Rank
FSUVX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FSUVX Sortino Ratio Rank: 6565
Sortino Ratio Rank
FSUVX Omega Ratio Rank: 6161
Omega Ratio Rank
FSUVX Calmar Ratio Rank: 5353
Calmar Ratio Rank
FSUVX Martin Ratio Rank: 6161
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SWZ vs. FSUVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Total Return Securities Fund (SWZ) and Fidelity SAI U.S. Low Volatility Index Fund (FSUVX). 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.


SWZFSUVXDifference
Sharpe ratioReturn per unit of total volatility

-1.93

Sortino ratioReturn per unit of downside risk

-2.70

Omega ratioGain probability vs. loss probability

0.94

1.27

-0.33

Calmar ratioReturn relative to maximum drawdown

-0.59

1.87

-2.47

Martin ratioReturn relative to average drawdown

-1.05

7.68

-8.73

SWZ vs. FSUVX - Sharpe Ratio Comparison

The current SWZ Sharpe Ratio is -0.41, which is lower than the FSUVX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of SWZ and FSUVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SWZ vs. FSUVX - Drawdown Comparison

The maximum SWZ drawdown since its inception was -69.62%, which is greater than FSUVX's maximum drawdown of -32.41%. Use the drawdown chart below to compare losses from any high point for SWZ and FSUVX.


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Drawdown Indicators


SWZFSUVXDifference

Max Drawdown

Largest peak-to-trough decline

-69.62%

-32.41%

-37.21%

Max Drawdown (1Y)

Largest decline over 1 year

-7.13%

-7.28%

+0.15%

Max Drawdown (3Y)

Largest decline over 3 years

-15.47%

-11.55%

-3.92%

Max Drawdown (5Y)

Largest decline over 5 years

-30.36%

-19.48%

-10.88%

Max Drawdown (10Y)

Largest decline over 10 years

-31.21%

-32.41%

+1.20%

Current Drawdown

Current decline from peak

-8.10%

-0.68%

-7.42%

Average Drawdown

Average peak-to-trough decline

-21.91%

-3.25%

-18.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.03%

1.77%

+2.26%

Volatility

SWZ vs. FSUVX - Volatility Comparison

The current volatility for Total Return Securities Fund (SWZ) is 1.78%, while Fidelity SAI U.S. Low Volatility Index Fund (FSUVX) has a volatility of 3.36%. This indicates that SWZ experiences smaller price fluctuations and is considered to be less risky than FSUVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SWZFSUVXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.78%

3.36%

-1.58%

Volatility (6M)

Calculated over the trailing 6-month period

6.56%

7.10%

-0.54%

Volatility (1Y)

Calculated over the trailing 1-year period

10.22%

9.00%

+1.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.21%

13.00%

+14.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.70%

15.19%

+7.51%

SWZ vs. FSUVX - Expense Ratio Comparison

SWZ has a 1.06% expense ratio, which is higher than FSUVX's 0.11% expense ratio.


Dividends

SWZ vs. FSUVX - Dividend Comparison

SWZ has not paid dividends to shareholders, while FSUVX's dividend yield for the trailing twelve months is around 4.09%.


PositionTTM20252024202320222021202020192018201720162015
FSUVX
Fidelity SAI U.S. Low Volatility Index Fund
4.09%4.45%2.25%1.74%4.12%3.52%1.31%3.80%2.63%2.94%2.23%1.17%
SWZ
Total Return Securities Fund
0.00%98.81%7.11%6.07%8.23%5.83%6.25%1.67%74.09%1.02%5.00%6.72%

Frequently Asked Questions


SWZ and FSUVX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FSUVX has higher volatility (3.36%) compared to SWZ (1.78%). In terms of maximum drawdown, SWZ dropped -69.62% vs FSUVX's -32.41%.

FSUVX currently has the higher Sharpe Ratio (1.52 vs -0.41), 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.

Portfolio Optimizer

Find the right allocation for SWZ and FSUVX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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