WWD vs. FZROX
Compare and contrast key facts about Woodward, Inc. (WWD) and Fidelity ZERO Total Market Index Fund (FZROX).
FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WWD or FZROX.
Key characteristics
| WWD | FZROX | |
|---|---|---|
| YTD Return | 25.15% | 23.71% |
| 1Y Return | 27.80% | 32.42% |
| 3Y Return (Ann) | 14.72% | 8.11% |
| 5Y Return (Ann) | 8.80% | 14.76% |
| Sharpe Ratio | 0.92 | 2.57 |
| Sortino Ratio | 1.27 | 3.44 |
| Omega Ratio | 1.21 | 1.47 |
| Calmar Ratio | 1.41 | 3.77 |
| Martin Ratio | 3.51 | 16.47 |
| Ulcer Index | 7.62% | 1.96% |
| Daily Std Dev | 28.96% | 12.58% |
| Max Drawdown | -83.18% | -34.96% |
| Current Drawdown | -9.30% | -2.42% |
Correlation
The correlation between WWD and FZROX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WWD vs. FZROX - Performance Comparison
In the year-to-date period, WWD achieves a 25.15% return, which is significantly higher than FZROX's 23.71% 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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Risk-Adjusted Performance
WWD vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Woodward, Inc. (WWD) and Fidelity ZERO Total Market Index Fund (FZROX). 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
WWD vs. FZROX - Dividend Comparison
WWD's dividend yield for the trailing twelve months is around 0.57%, less than FZROX's 1.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WWD Woodward, Inc. | 0.57% | 0.65% | 0.79% | 0.59% | 0.43% | 0.55% | 0.77% | 0.65% | 0.64% | 0.81% | 0.65% | 0.70% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WWD vs. FZROX - Drawdown Comparison
The maximum WWD drawdown since its inception was -83.18%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for WWD and FZROX. For additional features, visit the drawdowns tool.
Volatility
WWD vs. FZROX - Volatility Comparison
Woodward, Inc. (WWD) has a higher volatility of 6.76% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.25%. This indicates that WWD's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.