VMIAX vs. FSDPX
Compare and contrast key facts about Vanguard Materials Index Fund Admiral Shares (VMIAX) and Fidelity Select Materials Portfolio (FSDPX).
VMIAX is managed by Vanguard. It was launched on Feb 11, 2004. FSDPX is managed by Fidelity. It was launched on Sep 28, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMIAX or FSDPX.
Key characteristics
| VMIAX | FSDPX | |
|---|---|---|
| YTD Return | 10.28% | 6.68% |
| 1Y Return | 24.48% | 16.83% |
| 3Y Return (Ann) | 3.53% | 1.26% |
| 5Y Return (Ann) | 11.54% | 10.72% |
| 10Y Return (Ann) | 8.71% | 6.12% |
| Sharpe Ratio | 1.67 | 1.10 |
| Sortino Ratio | 2.34 | 1.58 |
| Omega Ratio | 1.29 | 1.20 |
| Calmar Ratio | 1.93 | 1.21 |
| Martin Ratio | 8.17 | 4.30 |
| Ulcer Index | 2.97% | 3.95% |
| Daily Std Dev | 14.55% | 15.44% |
| Max Drawdown | -62.17% | -64.19% |
| Current Drawdown | -3.79% | -3.46% |
Correlation
The correlation between VMIAX and FSDPX is 0.97, 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
VMIAX vs. FSDPX - Performance Comparison
In the year-to-date period, VMIAX achieves a 10.28% return, which is significantly higher than FSDPX's 6.68% return. Over the past 10 years, VMIAX has outperformed FSDPX with an annualized return of 8.71%, while FSDPX has yielded a comparatively lower 6.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VMIAX vs. FSDPX - Expense Ratio Comparison
VMIAX has a 0.10% expense ratio, which is lower than FSDPX's 0.74% expense ratio.
Risk-Adjusted Performance
VMIAX vs. FSDPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Materials Index Fund Admiral Shares (VMIAX) and Fidelity Select Materials Portfolio (FSDPX). 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
VMIAX vs. FSDPX - Dividend Comparison
VMIAX's dividend yield for the trailing twelve months is around 1.56%, more than FSDPX's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMIAX Vanguard Materials Index Fund Admiral Shares | 1.56% | 1.72% | 1.98% | 1.44% | 1.67% | 1.94% | 2.02% | 1.63% | 1.67% | 2.31% | 1.76% | 1.83% |
FSDPX Fidelity Select Materials Portfolio | 1.39% | 1.37% | 1.08% | 0.71% | 0.68% | 1.22% | 1.50% | 0.85% | 1.05% | 1.15% | 4.03% | 3.02% |
Drawdowns
VMIAX vs. FSDPX - Drawdown Comparison
The maximum VMIAX drawdown since its inception was -62.17%, roughly equal to the maximum FSDPX drawdown of -64.19%. Use the drawdown chart below to compare losses from any high point for VMIAX and FSDPX. For additional features, visit the drawdowns tool.
Volatility
VMIAX vs. FSDPX - Volatility Comparison
Vanguard Materials Index Fund Admiral Shares (VMIAX) and Fidelity Select Materials Portfolio (FSDPX) have volatilities of 4.03% and 4.17%, 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.