VRNIX vs. FSCSX
Compare and contrast key facts about Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Fidelity Select Software & IT Services Portfolio (FSCSX).
VRNIX is managed by Vanguard. It was launched on Oct 15, 2010. FSCSX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VRNIX or FSCSX.
Key characteristics
| VRNIX | FSCSX | |
|---|---|---|
| YTD Return | 26.99% | 8.46% |
| 1Y Return | 38.47% | 13.67% |
| 3Y Return (Ann) | 9.48% | -3.13% |
| 5Y Return (Ann) | 15.79% | 9.34% |
| 10Y Return (Ann) | 13.19% | 10.54% |
| Sharpe Ratio | 3.25 | 0.86 |
| Sortino Ratio | 4.31 | 1.17 |
| Omega Ratio | 1.61 | 1.17 |
| Calmar Ratio | 4.78 | 0.64 |
| Martin Ratio | 21.42 | 1.97 |
| Ulcer Index | 1.90% | 8.28% |
| Daily Std Dev | 12.45% | 18.92% |
| Max Drawdown | -34.57% | -58.42% |
| Current Drawdown | 0.00% | -9.85% |
Correlation
The correlation between VRNIX and FSCSX is 0.86, 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
VRNIX vs. FSCSX - Performance Comparison
In the year-to-date period, VRNIX achieves a 26.99% return, which is significantly higher than FSCSX's 8.46% return. Over the past 10 years, VRNIX has outperformed FSCSX with an annualized return of 13.19%, while FSCSX has yielded a comparatively lower 10.54% 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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VRNIX vs. FSCSX - Expense Ratio Comparison
VRNIX has a 0.07% expense ratio, which is lower than FSCSX's 0.67% expense ratio.
Risk-Adjusted Performance
VRNIX vs. FSCSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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
VRNIX vs. FSCSX - Dividend Comparison
VRNIX's dividend yield for the trailing twelve months is around 1.20%, while FSCSX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRNIX Vanguard Russell 1000 Index Fund Institutional Shares | 1.20% | 1.41% | 1.59% | 1.16% | 1.46% | 1.65% | 2.00% | 1.73% | 1.93% | 1.92% | 1.74% | 1.69% |
FSCSX Fidelity Select Software & IT Services Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.23% | 0.04% | 0.00% | 0.03% | 2.35% | 10.43% | 4.72% |
Drawdowns
VRNIX vs. FSCSX - Drawdown Comparison
The maximum VRNIX drawdown since its inception was -34.57%, smaller than the maximum FSCSX drawdown of -58.42%. Use the drawdown chart below to compare losses from any high point for VRNIX and FSCSX. For additional features, visit the drawdowns tool.
Volatility
VRNIX vs. FSCSX - Volatility Comparison
The current volatility for Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) is 3.93%, while Fidelity Select Software & IT Services Portfolio (FSCSX) has a volatility of 5.11%. This indicates that VRNIX experiences smaller price fluctuations and is considered to be less risky than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.