WFSPX vs. FXAIX
Compare and contrast key facts about iShares S&P 500 Index Fund (WFSPX) and Fidelity 500 Index Fund (FXAIX).
WFSPX is managed by Blackrock. It was launched on Jul 30, 1993. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFSPX or FXAIX.
Key characteristics
| WFSPX | FXAIX | |
|---|---|---|
| YTD Return | 26.83% | 26.96% |
| 1Y Return | 34.77% | 35.01% |
| 3Y Return (Ann) | 9.82% | 10.23% |
| 5Y Return (Ann) | 15.49% | 15.78% |
| 10Y Return (Ann) | 13.10% | 13.30% |
| Sharpe Ratio | 3.05 | 3.06 |
| Sortino Ratio | 4.05 | 4.07 |
| Omega Ratio | 1.57 | 1.58 |
| Calmar Ratio | 4.42 | 4.45 |
| Martin Ratio | 20.02 | 20.17 |
| Ulcer Index | 1.87% | 1.86% |
| Daily Std Dev | 12.27% | 12.27% |
| Max Drawdown | -89.72% | -33.79% |
| Current Drawdown | -0.26% | -0.25% |
Correlation
The correlation between WFSPX 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
WFSPX vs. FXAIX - Performance Comparison
The year-to-date returns for both investments are quite close, with WFSPX having a 26.83% return and FXAIX slightly higher at 26.96%. Both investments have delivered pretty close results over the past 10 years, with WFSPX having a 13.10% annualized return and FXAIX not far ahead at 13.30%. 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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WFSPX vs. FXAIX - Expense Ratio Comparison
WFSPX has a 0.03% expense ratio, which is higher than FXAIX's 0.02% 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
WFSPX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Index Fund (WFSPX) 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.
Dividends
WFSPX vs. FXAIX - Dividend Comparison
WFSPX's dividend yield for the trailing twelve months is around 1.20%, which matches FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFSPX iShares S&P 500 Index Fund | 1.20% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% | 1.70% |
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% |
Drawdowns
WFSPX vs. FXAIX - Drawdown Comparison
The maximum WFSPX drawdown since its inception was -89.72%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for WFSPX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
WFSPX vs. FXAIX - Volatility Comparison
iShares S&P 500 Index Fund (WFSPX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 3.75% and 3.74%, 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.