VTWO vs. FSSNX
Compare and contrast key facts about Vanguard Russell 2000 ETF (VTWO) and Fidelity Small Cap Index Fund (FSSNX).
VTWO is a passively managed fund by Vanguard that tracks the performance of the Russell 2000 Index. It was launched on Sep 20, 2010. FSSNX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTWO or FSSNX.
Key characteristics
| VTWO | FSSNX | |
|---|---|---|
| YTD Return | 14.08% | 14.09% |
| 1Y Return | 31.38% | 31.42% |
| 3Y Return (Ann) | 1.78% | 1.89% |
| 5Y Return (Ann) | 9.87% | 9.87% |
| 10Y Return (Ann) | 9.32% | 9.56% |
| Sharpe Ratio | 1.55 | 1.55 |
| Sortino Ratio | 2.24 | 2.24 |
| Omega Ratio | 1.27 | 1.27 |
| Calmar Ratio | 1.06 | 1.07 |
| Martin Ratio | 8.43 | 8.46 |
| Ulcer Index | 3.90% | 3.89% |
| Daily Std Dev | 21.21% | 21.24% |
| Max Drawdown | -41.19% | -41.72% |
| Current Drawdown | -2.16% | -1.91% |
Correlation
The correlation between VTWO and FSSNX is 0.99, 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
VTWO vs. FSSNX - Performance Comparison
The year-to-date returns for both investments are quite close, with VTWO having a 14.08% return and FSSNX slightly higher at 14.09%. Both investments have delivered pretty close results over the past 10 years, with VTWO having a 9.32% annualized return and FSSNX not far ahead at 9.56%. 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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VTWO vs. FSSNX - Expense Ratio Comparison
VTWO has a 0.10% expense ratio, which is higher than FSSNX's 0.03% 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
VTWO vs. FSSNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 2000 ETF (VTWO) and Fidelity Small Cap Index Fund (FSSNX). 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
VTWO vs. FSSNX - Dividend Comparison
VTWO's dividend yield for the trailing twelve months is around 1.26%, more than FSSNX's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTWO Vanguard Russell 2000 ETF | 1.26% | 1.45% | 1.48% | 1.13% | 0.92% | 1.36% | 1.41% | 1.18% | 1.27% | 1.23% | 1.12% | 1.04% |
FSSNX Fidelity Small Cap Index Fund | 1.08% | 1.43% | 1.26% | 3.92% | 0.94% | 2.96% | 5.39% | 3.67% | 2.27% | 4.53% | 4.80% | 2.82% |
Drawdowns
VTWO vs. FSSNX - Drawdown Comparison
The maximum VTWO drawdown since its inception was -41.19%, roughly equal to the maximum FSSNX drawdown of -41.72%. Use the drawdown chart below to compare losses from any high point for VTWO and FSSNX. For additional features, visit the drawdowns tool.
Volatility
VTWO vs. FSSNX - Volatility Comparison
Vanguard Russell 2000 ETF (VTWO) and Fidelity Small Cap Index Fund (FSSNX) have volatilities of 4.54% and 4.66%, 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.