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VMRXX vs. FCSSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VMRXX and FCSSX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

VMRXX vs. FCSSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX) and Fidelity Series Commodity Strategy Fund (FCSSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

VMRXX:

3.61

FCSSX:

0.07

Ulcer Index

VMRXX:

0.00%

FCSSX:

4.79%

Daily Std Dev

VMRXX:

1.36%

FCSSX:

13.18%

Max Drawdown

VMRXX:

0.00%

FCSSX:

-66.66%

Current Drawdown

VMRXX:

0.00%

FCSSX:

-6.12%

Returns By Period

In the year-to-date period, VMRXX achieves a 1.41% return, which is significantly lower than FCSSX's 3.04% return. Over the past 10 years, VMRXX has underperformed FCSSX with an annualized return of 1.86%, while FCSSX has yielded a comparatively higher 75.08% annualized return.


VMRXX

YTD

1.41%

1M

0.00%

6M

1.80%

1Y

4.43%

3Y*

4.43%

5Y*

2.67%

10Y*

1.86%

FCSSX

YTD

3.04%

1M

-0.44%

6M

4.03%

1Y

1.66%

3Y*

169.96%

5Y*

105.89%

10Y*

75.08%

*Annualized

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VMRXX vs. FCSSX - Expense Ratio Comparison

VMRXX has a 0.10% expense ratio, which is higher than FCSSX's 0.00% 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%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

VMRXX vs. FCSSX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VMRXX

FCSSX
The Risk-Adjusted Performance Rank of FCSSX is 77
Overall Rank
The Sharpe Ratio Rank of FCSSX is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of FCSSX is 66
Sortino Ratio Rank
The Omega Ratio Rank of FCSSX is 66
Omega Ratio Rank
The Calmar Ratio Rank of FCSSX is 55
Calmar Ratio Rank
The Martin Ratio Rank of FCSSX is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VMRXX vs. FCSSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX) and Fidelity Series Commodity Strategy Fund (FCSSX). 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.


The current VMRXX Sharpe Ratio is 3.61, which is higher than the FCSSX Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of VMRXX and FCSSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

VMRXX vs. FCSSX - Dividend Comparison

VMRXX's dividend yield for the trailing twelve months is around 4.32%, less than FCSSX's 12.37% yield.


TTM20242023202220212020201920182017
VMRXX
Vanguard Cash Reserves Federal Money Market Fund Admiral Shares
4.32%5.12%4.99%1.55%0.02%0.57%2.27%1.82%0.61%
FCSSX
Fidelity Series Commodity Strategy Fund
12.37%12.74%4.53%6,349.76%2,086.80%21.79%74.58%397.78%26.65%

Drawdowns

VMRXX vs. FCSSX - Drawdown Comparison

The maximum VMRXX drawdown since its inception was 0.00%, smaller than the maximum FCSSX drawdown of -66.66%. Use the drawdown chart below to compare losses from any high point for VMRXX and FCSSX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

VMRXX vs. FCSSX - Volatility Comparison

The current volatility for Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX) is 0.00%, while Fidelity Series Commodity Strategy Fund (FCSSX) has a volatility of 3.35%. This indicates that VMRXX experiences smaller price fluctuations and is considered to be less risky than FCSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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