ULVM vs. FXAIX
Compare and contrast key facts about VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) and Fidelity 500 Index Fund (FXAIX).
ULVM is a passively managed fund by Crestview that tracks the performance of the MSCI USA Select Value Momentum Blend Index. It was launched on Oct 24, 2017. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ULVM or FXAIX.
Key characteristics
| ULVM | FXAIX | |
|---|---|---|
| YTD Return | 26.60% | 27.16% |
| 1Y Return | 41.44% | 39.89% |
| 3Y Return (Ann) | 8.76% | 10.29% |
| 5Y Return (Ann) | 12.30% | 16.01% |
| Sharpe Ratio | 3.32 | 3.13 |
| Sortino Ratio | 4.66 | 4.16 |
| Omega Ratio | 1.59 | 1.59 |
| Calmar Ratio | 3.61 | 4.59 |
| Martin Ratio | 22.25 | 20.80 |
| Ulcer Index | 1.81% | 1.86% |
| Daily Std Dev | 12.17% | 12.39% |
| Max Drawdown | -40.71% | -33.79% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ULVM and FXAIX is 0.88, 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
ULVM vs. FXAIX - Performance Comparison
The year-to-date returns for both investments are quite close, with ULVM having a 26.60% return and FXAIX slightly higher at 27.16%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ULVM vs. FXAIX - Expense Ratio Comparison
ULVM has a 0.20% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ULVM vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) 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.
Dividends
ULVM vs. FXAIX - Dividend Comparison
ULVM's dividend yield for the trailing twelve months is around 1.54%, more than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ULVM VictoryShares USAA MSCI USA Value Momentum ETF | 1.54% | 1.94% | 1.91% | 1.36% | 1.51% | 1.88% | 1.67% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
ULVM vs. FXAIX - Drawdown Comparison
The maximum ULVM drawdown since its inception was -40.71%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for ULVM and FXAIX. For additional features, visit the drawdowns tool.
Volatility
ULVM vs. FXAIX - Volatility Comparison
VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) has a higher volatility of 4.63% compared to Fidelity 500 Index Fund (FXAIX) at 3.91%. This indicates that ULVM's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.