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FXAIX vs. VWLUX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FXAIX and VWLUX is -0.10. 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.


-0.50.00.51.0-0.1

Performance

FXAIX vs. VWLUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity 500 Index Fund (FXAIX) and Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
9.99%
0.92%
FXAIX
VWLUX

Key characteristics

Sharpe Ratio

FXAIX:

2.17

VWLUX:

0.49

Sortino Ratio

FXAIX:

2.89

VWLUX:

0.69

Omega Ratio

FXAIX:

1.41

VWLUX:

1.10

Calmar Ratio

FXAIX:

3.21

VWLUX:

0.32

Martin Ratio

FXAIX:

14.15

VWLUX:

1.83

Ulcer Index

FXAIX:

1.92%

VWLUX:

1.04%

Daily Std Dev

FXAIX:

12.50%

VWLUX:

3.85%

Max Drawdown

FXAIX:

-33.79%

VWLUX:

-16.38%

Current Drawdown

FXAIX:

-2.20%

VWLUX:

-2.90%

Returns By Period

In the year-to-date period, FXAIX achieves a 26.49% return, which is significantly higher than VWLUX's 1.35% return. Over the past 10 years, FXAIX has outperformed VWLUX with an annualized return of 12.91%, while VWLUX has yielded a comparatively lower 2.52% annualized return.


FXAIX

YTD

26.49%

1M

-0.16%

6M

9.99%

1Y

26.93%

5Y*

14.89%

10Y*

12.91%

VWLUX

YTD

1.35%

1M

-0.90%

6M

0.92%

1Y

1.81%

5Y*

1.11%

10Y*

2.52%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%.


VWLUX
Vanguard Long-Term Tax-Exempt Fund Admiral Shares
Expense ratio chart for VWLUX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

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.


Sharpe ratio
The chart of Sharpe ratio for FXAIX, currently valued at 2.17, compared to the broader market-1.000.001.002.003.004.002.170.47
The chart of Sortino ratio for FXAIX, currently valued at 2.89, compared to the broader market-2.000.002.004.006.008.0010.002.890.66
The chart of Omega ratio for FXAIX, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.003.501.411.10
The chart of Calmar ratio for FXAIX, currently valued at 3.21, compared to the broader market0.002.004.006.008.0010.0012.0014.003.210.31
The chart of Martin ratio for FXAIX, currently valued at 14.15, compared to the broader market0.0020.0040.0060.0014.151.72
FXAIX
VWLUX

The current FXAIX Sharpe Ratio is 2.17, which is higher than the VWLUX Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of FXAIX and VWLUX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.17
0.47
FXAIX
VWLUX

Dividends

FXAIX vs. VWLUX - Dividend Comparison

FXAIX's dividend yield for the trailing twelve months is around 0.88%, less than VWLUX's 3.47% yield.


TTM20232022202120202019201820172016201520142013
FXAIX
Fidelity 500 Index Fund
0.88%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
3.47%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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.20%
-2.90%
FXAIX
VWLUX

Volatility

FXAIX vs. VWLUX - Volatility Comparison

Fidelity 500 Index Fund (FXAIX) has a higher volatility of 3.74% compared to Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX) at 1.49%. 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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.74%
1.49%
FXAIX
VWLUX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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