VV vs. FXAIX
Compare and contrast key facts about Vanguard Large-Cap ETF (VV) and Fidelity 500 Index Fund (FXAIX).
VV is a passively managed fund by Vanguard that tracks the performance of the CRSP US Large Cap Index. It was launched on Jan 27, 2004. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VV or FXAIX.
Key characteristics
VV | FXAIX | |
---|---|---|
YTD Return | 10.54% | 10.42% |
1Y Return | 35.14% | 34.26% |
3Y Return (Ann) | 10.76% | 11.44% |
5Y Return (Ann) | 14.97% | 15.06% |
10Y Return (Ann) | 12.93% | 13.11% |
Sharpe Ratio | 2.97 | 2.92 |
Daily Std Dev | 11.73% | 11.66% |
Max Drawdown | -54.81% | -33.79% |
Current Drawdown | -0.07% | 0.00% |
Correlation
The correlation between VV and FXAIX 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
VV vs. FXAIX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VV having a 10.54% return and FXAIX slightly lower at 10.42%. Both investments have delivered pretty close results over the past 10 years, with VV having a 12.93% annualized return and FXAIX not far ahead at 13.11%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
VV vs. FXAIX - Expense Ratio Comparison
Risk-Adjusted Performance
VV vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap ETF (VV) and Fidelity 500 Index Fund (FXAIX). 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Vanguard Large-Cap ETF | 2.97 | ||||
Fidelity 500 Index Fund | 2.92 |
Dividends
VV vs. FXAIX - Dividend Comparison
VV's dividend yield for the trailing twelve months is around 1.33%, more than FXAIX's 1.31% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Vanguard Large-Cap ETF | 1.33% | 1.41% | 1.66% | 1.19% | 1.46% | 1.81% | 2.09% | 1.75% | 1.98% | 1.96% | 1.77% | 1.75% |
Fidelity 500 Index Fund | 1.31% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
VV vs. FXAIX - Drawdown Comparison
The maximum VV drawdown since its inception was -54.81%, which is greater than FXAIX's maximum drawdown of -33.79%. The drawdown chart below compares losses from any high point along the way for VV and FXAIX
Volatility
VV vs. FXAIX - Volatility Comparison
Vanguard Large-Cap ETF (VV) has a higher volatility of 3.02% compared to Fidelity 500 Index Fund (FXAIX) at 2.82%. This indicates that VV's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.