USNQX vs. FXAIX
Compare and contrast key facts about USAA Nasdaq 100 Index Fund (USNQX) and Fidelity 500 Index Fund (FXAIX).
USNQX is managed by Victory Capital. It was launched on Oct 27, 2000. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USNQX or FXAIX.
Correlation
The correlation between USNQX and FXAIX is 0.90, 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
USNQX vs. FXAIX - Performance Comparison
Key characteristics
USNQX:
1.46
FXAIX:
2.20
USNQX:
1.98
FXAIX:
2.93
USNQX:
1.27
FXAIX:
1.41
USNQX:
1.95
FXAIX:
3.26
USNQX:
6.99
FXAIX:
14.39
USNQX:
3.79%
FXAIX:
1.91%
USNQX:
18.11%
FXAIX:
12.50%
USNQX:
-74.36%
FXAIX:
-33.79%
USNQX:
-4.21%
FXAIX:
-2.91%
Returns By Period
The year-to-date returns for both investments are quite close, with USNQX having a 24.43% return and FXAIX slightly higher at 25.57%. Over the past 10 years, USNQX has outperformed FXAIX with an annualized return of 16.06%, while FXAIX has yielded a comparatively lower 12.86% annualized return.
USNQX
24.43%
0.56%
6.06%
24.79%
17.04%
16.06%
FXAIX
25.57%
0.00%
8.86%
26.21%
14.72%
12.86%
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USNQX vs. FXAIX - Expense Ratio Comparison
USNQX has a 0.42% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
USNQX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Nasdaq 100 Index Fund (USNQX) 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
USNQX vs. FXAIX - Dividend Comparison
USNQX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 0.88%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USNQX USAA Nasdaq 100 Index Fund | 0.00% | 0.58% | 0.28% | 0.24% | 0.37% | 0.55% | 0.65% | 0.46% | 0.50% | 0.62% | 0.21% | 0.28% |
FXAIX Fidelity 500 Index Fund | 0.88% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
USNQX vs. FXAIX - Drawdown Comparison
The maximum USNQX drawdown since its inception was -74.36%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for USNQX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
USNQX vs. FXAIX - Volatility Comparison
USAA Nasdaq 100 Index Fund (USNQX) has a higher volatility of 5.46% compared to Fidelity 500 Index Fund (FXAIX) at 3.70%. This indicates that USNQX'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.