FXAIX vs. VWLUX
Compare and contrast key facts about Fidelity 500 Index Fund (FXAIX) and Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX).
FXAIX is managed by Fidelity. VWLUX is managed by Vanguard. It was launched on Feb 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXAIX or VWLUX.
Key characteristics
| FXAIX | VWLUX | |
|---|---|---|
| YTD Return | 27.16% | 1.99% |
| 1Y Return | 39.89% | 9.31% |
| 3Y Return (Ann) | 10.29% | -0.52% |
| 5Y Return (Ann) | 16.01% | 1.35% |
| 10Y Return (Ann) | 13.33% | 2.65% |
| Sharpe Ratio | 3.13 | 2.35 |
| Sortino Ratio | 4.16 | 3.53 |
| Omega Ratio | 1.59 | 1.54 |
| Calmar Ratio | 4.59 | 0.89 |
| Martin Ratio | 20.80 | 9.95 |
| Ulcer Index | 1.86% | 0.95% |
| Daily Std Dev | 12.39% | 4.01% |
| Max Drawdown | -33.79% | -16.38% |
| Current Drawdown | 0.00% | -2.29% |
Correlation
The correlation between FXAIX and VWLUX is -0.11. 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
FXAIX vs. VWLUX - Performance Comparison
In the year-to-date period, FXAIX achieves a 27.16% return, which is significantly higher than VWLUX's 1.99% return. Over the past 10 years, FXAIX has outperformed VWLUX with an annualized return of 13.33%, while VWLUX has yielded a comparatively lower 2.65% 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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FXAIX vs. VWLUX - Expense Ratio Comparison
FXAIX has a 0.02% expense ratio, which is lower than VWLUX's 0.09% expense ratio. Despite the difference, 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
FXAIX vs. VWLUX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity 500 Index Fund (FXAIX) and Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX). 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
FXAIX vs. VWLUX - Dividend Comparison
FXAIX's dividend yield for the trailing twelve months is around 1.21%, less than VWLUX's 3.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
VWLUX Vanguard Long-Term Tax-Exempt Fund Admiral Shares | 3.42% | 3.17% | 2.99% | 2.63% | 2.85% | 3.23% | 3.54% | 3.55% | 3.75% | 3.73% | 3.88% | 4.14% |
Drawdowns
FXAIX vs. VWLUX - Drawdown Comparison
The maximum FXAIX drawdown since its inception was -33.79%, which is greater than VWLUX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for FXAIX and VWLUX. For additional features, visit the drawdowns tool.
Volatility
FXAIX vs. VWLUX - Volatility Comparison
Fidelity 500 Index Fund (FXAIX) has a higher volatility of 3.91% compared to Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX) at 1.93%. This indicates that FXAIX's price experiences larger fluctuations and is considered to be riskier than VWLUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.