VSMSX vs. FSPGX
Compare and contrast key facts about Vanguard S&P Small-Cap 600 Index Fund Institutional Shares (VSMSX) and Fidelity Large Cap Growth Index Fund (FSPGX).
VSMSX is managed by Vanguard. It was launched on Apr 1, 2011. FSPGX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSMSX or FSPGX.
Key characteristics
| VSMSX | FSPGX | |
|---|---|---|
| YTD Return | 2.29% | 11.97% |
| 1Y Return | 20.72% | 37.02% |
| 3Y Return (Ann) | 1.22% | 11.42% |
| 5Y Return (Ann) | 8.85% | 18.11% |
| Sharpe Ratio | 1.14 | 2.48 |
| Daily Std Dev | 19.23% | 15.09% |
| Max Drawdown | -44.42% | -32.66% |
| Current Drawdown | -4.68% | -0.09% |
Correlation
The correlation between VSMSX and FSPGX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VSMSX vs. FSPGX - Performance Comparison
In the year-to-date period, VSMSX achieves a 2.29% return, which is significantly lower than FSPGX's 11.97% 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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VSMSX vs. FSPGX - Expense Ratio Comparison
VSMSX has a 0.08% expense ratio, which is higher than FSPGX'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%.
Risk-Adjusted Performance
VSMSX vs. FSPGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Small-Cap 600 Index Fund Institutional Shares (VSMSX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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
VSMSX vs. FSPGX - Dividend Comparison
VSMSX's dividend yield for the trailing twelve months is around 1.46%, more than FSPGX's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMSX Vanguard S&P Small-Cap 600 Index Fund Institutional Shares | 1.46% | 1.49% | 1.52% | 1.17% | 1.10% | 1.38% | 1.39% | 1.11% | 1.00% | 1.33% | 1.11% | 0.89% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.65% | 0.73% | 0.86% | 2.22% | 1.76% | 1.04% | 1.47% | 1.22% | 0.29% | 0.00% | 0.00% | 0.00% |
Drawdowns
VSMSX vs. FSPGX - Drawdown Comparison
The maximum VSMSX drawdown since its inception was -44.42%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for VSMSX and FSPGX. For additional features, visit the drawdowns tool.
Volatility
VSMSX vs. FSPGX - Volatility Comparison
The current volatility for Vanguard S&P Small-Cap 600 Index Fund Institutional Shares (VSMSX) is 4.14%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 4.75%. This indicates that VSMSX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.