WWD vs. FZROX
WWD (Woodward, Inc.) is a stock, while FZROX (Fidelity ZERO Total Market Index Fund) is Large Cap Blend Equities fund managed by Fidelity. Over the past 5 years, WWD returned 25.07%/yr vs 11.84%/yr for FZROX. Their 0.59 correlation means they have sometimes moved together and sometimes differently.
Performance
WWD vs. FZROX - Performance Comparison
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Returns By Period
In the year-to-date period, WWD achieves a 19.53% return, which is significantly higher than FZROX's 9.94% return.
WWD
- 1D
- 1.25%
- 1M
- -13.70%
- 6M
- 13.70%
- YTD
- 19.53%
- 1Y
- 39.68%
- 3Y*
- 40.62%
- 5Y*
- 25.07%
- 10Y*
- 20.95%
- ALL TIME*
- 17.97%
FZROX
- 1D
- 1.64%
- 1M
- -0.73%
- 6M
- 8.29%
- YTD
- 9.94%
- 1Y
- 21.21%
- 3Y*
- 18.70%
- 5Y*
- 11.84%
- 10Y*
- —
- ALL TIME*
- 13.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $294.13M | $263.68M | $299.57M |
WWD vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WWD Woodward, Inc. | 19.53% | 82.58% | 23.01% | 41.97% | -11.09% | -9.43% | 3.18% | 60.42% | -4.90% |
FZROX Fidelity ZERO Total Market Index Fund | 9.94% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Correlation
The correlation between WWD and FZROX is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.45 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2018 | 0.59 |
The correlation between WWD and FZROX shifts across timeframes, from 0.45 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WWD vs. FZROX — Risk / Return Rank
WWD
FZROX
WWD vs. FZROX - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WWD | FZROX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.26 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 2.12 | +0.12 |
| Martin ratioReturn relative to average drawdown | 6.53 | 9.14 | -2.62 |
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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.
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Drawdown Indicators
| WWD | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.18% | -34.96% | -48.22% |
Max Drawdown (1Y)Largest decline over 1 year | -18.37% | -8.89% | -9.48% |
Max Drawdown (3Y)Largest decline over 3 years | -19.31% | -19.38% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -37.25% | -25.12% | -12.13% |
Max Drawdown (10Y)Largest decline over 10 years | -60.61% | — | — |
Current DrawdownCurrent decline from peak | -17.34% | -1.85% | -15.49% |
Average DrawdownAverage peak-to-trough decline | -17.82% | -5.43% | -12.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.28% | 2.06% | +4.22% |
Volatility
WWD vs. FZROX - Volatility Comparison
Woodward, Inc. (WWD) has a higher volatility of 12.81% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 3.43%. 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.
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Volatility by Period
| WWD | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.81% | 3.43% | +9.38% |
Volatility (6M)Calculated over the trailing 6-month period | 30.73% | 10.34% | +20.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.91% | 13.19% | +24.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.42% | 17.54% | +14.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.55% | 20.04% | +15.51% |
Dividends
WWD vs. FZROX - Dividend Comparison
WWD's dividend yield for the trailing twelve months is around 0.33%, less than FZROX's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZROX Fidelity ZERO Total Market Index Fund | 0.93% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
WWD Woodward, Inc. | 0.33% | 0.37% | 0.60% | 0.65% | 0.79% | 0.59% | 0.43% | 0.55% | 0.77% | 0.65% | 0.64% | 0.81% |
Frequently Asked Questions
WWD and FZROX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WWD has higher volatility (12.81%) compared to FZROX (3.43%). In terms of maximum drawdown, WWD dropped -83.18% vs FZROX's -34.96%.
FZROX currently has the higher Sharpe Ratio (1.43 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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