UPDDX vs. FFNOX
Compare and contrast key facts about Upright Growth & Income Fund (UPDDX) and Fidelity Multi-Asset Index Fund (FFNOX).
UPDDX is managed by Upright Investments Trust. It was launched on Oct 10, 2017. FFNOX is managed by Fidelity. It was launched on Jun 29, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UPDDX or FFNOX.
Correlation
The correlation between UPDDX and FFNOX is 0.75, 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
UPDDX vs. FFNOX - Performance Comparison
Key characteristics
UPDDX:
1.52
FFNOX:
1.01
UPDDX:
1.97
FFNOX:
1.37
UPDDX:
1.27
FFNOX:
1.19
UPDDX:
2.37
FFNOX:
1.13
UPDDX:
7.20
FFNOX:
4.43
UPDDX:
6.64%
FFNOX:
2.56%
UPDDX:
31.45%
FFNOX:
11.24%
UPDDX:
-49.01%
FFNOX:
-48.68%
UPDDX:
-2.43%
FFNOX:
-1.79%
Returns By Period
In the year-to-date period, UPDDX achieves a 11.43% return, which is significantly higher than FFNOX's 4.92% return.
UPDDX
11.43%
2.80%
24.43%
51.29%
20.75%
N/A
FFNOX
4.92%
2.07%
3.57%
11.65%
6.29%
7.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UPDDX vs. FFNOX - Expense Ratio Comparison
UPDDX has a 2.57% expense ratio, which is higher than FFNOX's 0.11% expense ratio.
Risk-Adjusted Performance
UPDDX vs. FFNOX — Risk-Adjusted Performance Rank
UPDDX
FFNOX
UPDDX vs. FFNOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Upright Growth & Income Fund (UPDDX) and Fidelity Multi-Asset Index Fund (FFNOX). 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
UPDDX vs. FFNOX - Dividend Comparison
UPDDX has not paid dividends to shareholders, while FFNOX's dividend yield for the trailing twelve months is around 2.04%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UPDDX Upright Growth & Income Fund | 0.00% | 0.00% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFNOX Fidelity Multi-Asset Index Fund | 2.04% | 2.14% | 3.83% | 2.04% | 1.87% | 1.59% | 2.25% | 2.25% | 1.86% | 2.09% | 2.50% | 4.56% |
Drawdowns
UPDDX vs. FFNOX - Drawdown Comparison
The maximum UPDDX drawdown since its inception was -49.01%, roughly equal to the maximum FFNOX drawdown of -48.68%. Use the drawdown chart below to compare losses from any high point for UPDDX and FFNOX. For additional features, visit the drawdowns tool.
Volatility
UPDDX vs. FFNOX - Volatility Comparison
Upright Growth & Income Fund (UPDDX) has a higher volatility of 14.24% compared to Fidelity Multi-Asset Index Fund (FFNOX) at 2.45%. This indicates that UPDDX's price experiences larger fluctuations and is considered to be riskier than FFNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.