TEPAX vs. FSDIX
Compare and contrast key facts about American Funds Tax-Exempt Preservation Portfolio (TEPAX) and Fidelity Strategic Dividend & Income Fund (FSDIX).
TEPAX is managed by American Funds. It was launched on May 17, 2012. FSDIX is managed by Fidelity. It was launched on Dec 23, 2003.
Performance
TEPAX vs. FSDIX - Performance Comparison
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TEPAX vs. FSDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEPAX American Funds Tax-Exempt Preservation Portfolio | -0.13% | 4.36% | 2.14% | 3.63% | -4.36% | -0.03% | 3.52% | 4.14% | 0.90% | 2.43% |
FSDIX Fidelity Strategic Dividend & Income Fund | 3.35% | 6.52% | 11.52% | 9.45% | -9.84% | 19.03% | 11.23% | 22.50% | -4.33% | 11.23% |
Returns By Period
In the year-to-date period, TEPAX achieves a -0.13% return, which is significantly lower than FSDIX's 3.35% return. Over the past 10 years, TEPAX has underperformed FSDIX with an annualized return of 1.50%, while FSDIX has yielded a comparatively higher 8.58% annualized return.
TEPAX
- 1D
- 0.10%
- 1M
- -1.72%
- YTD
- -0.13%
- 6M
- 0.56%
- 1Y
- 3.61%
- 3Y*
- 2.84%
- 5Y*
- 1.12%
- 10Y*
- 1.50%
FSDIX
- 1D
- -0.27%
- 1M
- -5.65%
- YTD
- 3.35%
- 6M
- -0.38%
- 1Y
- 8.54%
- 3Y*
- 9.57%
- 5Y*
- 6.48%
- 10Y*
- 8.58%
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TEPAX vs. FSDIX - Expense Ratio Comparison
TEPAX has a 0.34% expense ratio, which is lower than FSDIX's 0.68% expense ratio.
Return for Risk
TEPAX vs. FSDIX — Risk / Return Rank
TEPAX
FSDIX
TEPAX vs. FSDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Tax-Exempt Preservation Portfolio (TEPAX) and Fidelity Strategic Dividend & Income Fund (FSDIX). 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.
| TEPAX | FSDIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.75 | 0.70 | +1.05 |
Sortino ratioReturn per unit of downside risk | 2.31 | 0.96 | +1.35 |
Omega ratioGain probability vs. loss probability | 1.52 | 1.16 | +0.35 |
Calmar ratioReturn relative to maximum drawdown | 1.90 | 0.85 | +1.05 |
Martin ratioReturn relative to average drawdown | 7.61 | 3.41 | +4.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TEPAX | FSDIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 0.70 | +1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.58 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.69 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.51 | +0.32 |
Correlation
The correlation between TEPAX and FSDIX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TEPAX vs. FSDIX - Dividend Comparison
TEPAX's dividend yield for the trailing twelve months is around 2.41%, more than FSDIX's 1.74% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEPAX American Funds Tax-Exempt Preservation Portfolio | 2.41% | 2.39% | 2.44% | 1.96% | 1.11% | 0.87% | 1.44% | 1.79% | 1.72% | 1.79% | 2.22% | 2.36% |
FSDIX Fidelity Strategic Dividend & Income Fund | 1.74% | 1.80% | 5.27% | 5.71% | 4.23% | 8.43% | 5.67% | 6.68% | 8.19% | 6.57% | 4.92% | 6.38% |
Drawdowns
TEPAX vs. FSDIX - Drawdown Comparison
The maximum TEPAX drawdown since its inception was -7.13%, smaller than the maximum FSDIX drawdown of -58.92%. Use the drawdown chart below to compare losses from any high point for TEPAX and FSDIX.
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Drawdown Indicators
| TEPAX | FSDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.13% | -58.92% | +51.79% |
Max Drawdown (1Y)Largest decline over 1 year | -2.07% | -9.50% | +7.43% |
Max Drawdown (5Y)Largest decline over 5 years | -7.12% | -17.08% | +9.96% |
Max Drawdown (10Y)Largest decline over 10 years | -7.13% | -29.99% | +22.86% |
Current DrawdownCurrent decline from peak | -1.72% | -5.75% | +4.03% |
Average DrawdownAverage peak-to-trough decline | -1.25% | -6.40% | +5.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | 2.35% | -1.83% |
Volatility
TEPAX vs. FSDIX - Volatility Comparison
The current volatility for American Funds Tax-Exempt Preservation Portfolio (TEPAX) is 0.61%, while Fidelity Strategic Dividend & Income Fund (FSDIX) has a volatility of 3.31%. This indicates that TEPAX experiences smaller price fluctuations and is considered to be less risky than FSDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEPAX | FSDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | 3.31% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 0.98% | 8.75% | -7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.14% | 13.16% | -11.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.93% | 11.23% | -9.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.06% | 12.55% | -10.49% |