PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
THCX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

THCX vs. FXAIX

Last updated May 11, 2025

Compare and contrast key facts about Cannabis ETF (THCX) and Fidelity 500 Index Fund (FXAIX).

THCX is a passively managed fund by Mcivy Co. LLC that tracks the performance of the Innovation Labs Cannabis Index. It was launched on Jul 9, 2019. FXAIX is managed by Fidelity.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THCX or FXAIX.

Correlation

The correlation between THCX and FXAIX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

THCX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cannabis ETF (THCX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Returns By Period

THCX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FXAIX

YTD

-3.38%

1M

7.51%

6M

-5.01%

1Y

9.78%

5Y*

15.87%

10Y*

12.44%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

THCX vs. FXAIX - Expense Ratio Comparison

THCX has a 0.75% expense ratio, which is higher than FXAIX's 0.02% expense ratio.

THCX
Cannabis ETF
FXAIX
Fidelity 500 Index Fund

Risk-Adjusted Performance

THCX vs. FXAIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
THCX
FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 6464
Overall Rank
The Sharpe Ratio Rank of FXAIX is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

THCX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cannabis ETF (THCX) 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.

No data
No data
No data
No data

Loading data...

Dividends

THCX vs. FXAIX - Dividend Comparison

THCX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.32%.

TTM20242023202220212020201920182017201620152014
THCX
Cannabis ETF		0.00%102.13%2.87%1.03%0.04%3.58%3.33%0.00%0.00%0.00%0.00%0.00%
FXAIX
Fidelity 500 Index Fund		1.32%1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.63%

Drawdowns

THCX vs. FXAIX - Drawdown Comparison

Loading data...

Volatility

THCX vs. FXAIX - Volatility Comparison

Loading data...