USMC vs. FSPSX
Compare and contrast key facts about Principal U.S. Mega-Cap ETF (USMC) and Fidelity International Index Fund (FSPSX).
USMC is a passively managed fund by Principal that tracks the performance of the Nasdaq US Mega Cap Select Leaders Index. It was launched on Oct 12, 2017. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USMC or FSPSX.
Performance
USMC vs. FSPSX - Performance Comparison
Returns By Period
In the year-to-date period, USMC achieves a 25.97% return, which is significantly higher than FSPSX's 4.96% return.
USMC
25.97%
1.85%
12.84%
32.61%
15.86%
N/A
FSPSX
4.96%
-5.24%
-3.24%
11.64%
5.86%
5.15%
Key characteristics
| USMC | FSPSX | |
|---|---|---|
| Sharpe Ratio | 2.67 | 1.05 |
| Sortino Ratio | 3.58 | 1.51 |
| Omega Ratio | 1.50 | 1.18 |
| Calmar Ratio | 3.86 | 1.49 |
| Martin Ratio | 17.43 | 4.86 |
| Ulcer Index | 1.86% | 2.71% |
| Daily Std Dev | 12.13% | 12.50% |
| Max Drawdown | -29.97% | -33.69% |
| Current Drawdown | -2.03% | -8.18% |
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USMC vs. FSPSX - Expense Ratio Comparison
USMC has a 0.12% expense ratio, which is higher than FSPSX's 0.04% 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%.
Correlation
The correlation between USMC and FSPSX is 0.72, 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.
Risk-Adjusted Performance
USMC vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal U.S. Mega-Cap ETF (USMC) and Fidelity International Index Fund (FSPSX). 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
USMC vs. FSPSX - Dividend Comparison
USMC's dividend yield for the trailing twelve months is around 1.12%, less than FSPSX's 3.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USMC Principal U.S. Mega-Cap ETF | 1.12% | 1.35% | 1.78% | 1.53% | 1.56% | 2.04% | 2.27% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
FSPSX Fidelity International Index Fund | 3.03% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% | 2.59% |
Drawdowns
USMC vs. FSPSX - Drawdown Comparison
The maximum USMC drawdown since its inception was -29.97%, smaller than the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for USMC and FSPSX. For additional features, visit the drawdowns tool.
Volatility
USMC vs. FSPSX - Volatility Comparison
Principal U.S. Mega-Cap ETF (USMC) and Fidelity International Index Fund (FSPSX) have volatilities of 3.91% and 3.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.