TVRIX vs. FNCMX
Compare and contrast key facts about Guggenheim Directional Allocation Fund (TVRIX) and Fidelity NASDAQ Composite Index Fund (FNCMX).
TVRIX is managed by Guggenheim. It was launched on Jun 18, 2012. FNCMX is managed by Fidelity.
Performance
TVRIX vs. FNCMX - Performance Comparison
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TVRIX vs. FNCMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TVRIX Guggenheim Directional Allocation Fund | -7.13% | 13.83% | 7.87% | 11.00% | -17.53% | 27.30% | 5.08% | 30.45% | -7.53% | 23.45% |
FNCMX Fidelity NASDAQ Composite Index Fund | -10.43% | 21.11% | 29.48% | 45.13% | -32.40% | 22.21% | 44.57% | 36.63% | -3.07% | 28.35% |
Returns By Period
In the year-to-date period, TVRIX achieves a -7.13% return, which is significantly higher than FNCMX's -10.43% return. Over the past 10 years, TVRIX has underperformed FNCMX with an annualized return of 8.46%, while FNCMX has yielded a comparatively higher 16.42% annualized return.
TVRIX
- 1D
- -0.65%
- 1M
- -6.83%
- YTD
- -7.13%
- 6M
- -4.50%
- 1Y
- 9.48%
- 3Y*
- 7.90%
- 5Y*
- 4.51%
- 10Y*
- 8.46%
FNCMX
- 1D
- -0.73%
- 1M
- -8.22%
- YTD
- -10.43%
- 6M
- -8.01%
- 1Y
- 20.91%
- 3Y*
- 20.31%
- 5Y*
- 10.35%
- 10Y*
- 16.42%
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TVRIX vs. FNCMX - Expense Ratio Comparison
TVRIX has a 1.09% expense ratio, which is higher than FNCMX's 0.29% expense ratio.
Return for Risk
TVRIX vs. FNCMX — Risk / Return Rank
TVRIX
FNCMX
TVRIX vs. FNCMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Directional Allocation Fund (TVRIX) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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.
| TVRIX | FNCMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.91 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.18 | 1.44 | -0.26 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.01 | 1.32 | -0.30 |
Martin ratioReturn relative to average drawdown | 4.24 | 4.92 | -0.68 |
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
| TVRIX | FNCMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.91 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.46 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.75 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.52 | +0.01 |
Correlation
The correlation between TVRIX and FNCMX is 0.85, 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.
Dividends
TVRIX vs. FNCMX - Dividend Comparison
TVRIX's dividend yield for the trailing twelve months is around 10.38%, more than FNCMX's 0.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TVRIX Guggenheim Directional Allocation Fund | 10.38% | 9.64% | 0.00% | 2.03% | 0.71% | 14.34% | 0.30% | 16.62% | 14.33% | 0.00% | 0.00% | 0.00% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.57% | 0.51% | 0.61% | 0.67% | 0.88% | 0.47% | 0.67% | 4.41% | 1.93% | 0.03% | 1.01% | 1.50% |
Drawdowns
TVRIX vs. FNCMX - Drawdown Comparison
The maximum TVRIX drawdown since its inception was -39.36%, smaller than the maximum FNCMX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for TVRIX and FNCMX.
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Drawdown Indicators
| TVRIX | FNCMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.36% | -55.08% | +15.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.45% | -13.25% | +4.80% |
Max Drawdown (5Y)Largest decline over 5 years | -24.87% | -35.64% | +10.77% |
Max Drawdown (10Y)Largest decline over 10 years | -39.36% | -35.64% | -3.72% |
Current DrawdownCurrent decline from peak | -11.36% | -13.01% | +1.65% |
Average DrawdownAverage peak-to-trough decline | -6.10% | -7.91% | +1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 3.56% | -1.54% |
Volatility
TVRIX vs. FNCMX - Volatility Comparison
The current volatility for Guggenheim Directional Allocation Fund (TVRIX) is 3.48%, while Fidelity NASDAQ Composite Index Fund (FNCMX) has a volatility of 5.63%. This indicates that TVRIX experiences smaller price fluctuations and is considered to be less risky than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TVRIX | FNCMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 5.63% | -2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 7.45% | 12.48% | -5.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.40% | 23.06% | -10.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.42% | 22.42% | -8.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.79% | 21.97% | -4.18% |