FSPGX vs SCHG: A Fund Showdown!

FSPGX vs. SCHG vs. SPDR: A Fund Showdown! by dkfkk's Workspace

OUTLINE:

00:00:00 How Does FSPGX Stack Up?"
00:00:32 CAGR and Expense Ratios"
00:01:38 Standard Deviation and Maximum Drawdown"
00:03:00 Best and Worst Year Performance"
00:04:20 The Risk-Adjusted Showdown"
00:05:47 FSPGX in the Investment Landscape"

Analyzing Fund Performance: SCHG, FSPGX, and SPDR S&P 500 ETF Trust
Investors often seek detailed performance summaries to make informed decisions about where to allocate their resources. Here, we provide a comparative analysis of three prominent funds: SCHG, FSPGX, and the SPDR S&P 500 ETF Trust.

Starting with the SCHG fund, an initial investment of $10,000 grew significantly to $35,732. This impressive growth translates to an annualized return (Compound Annual Growth Rate) of 18.73%. However, this high return comes with a corresponding risk, as indicated by a standard deviation of 19.03%. SCHG's best performing year saw returns soar to 50.11%, but it also endured a challenging period with its worst year resulting in a -31.80% return. The maximum drawdown, which measures the largest peak-to-trough decline, was also -31.80%. Despite these fluctuations, the fund maintained a Sharpe Ratio of 0.90 and a Sortino Ratio of 1.45, reflecting its risk-adjusted return efficiency. Its benchmark correlation stood at 0.95, indicating a high level of synchronization with the broader market trends.

The FSPGX fund, with a similar initial investment of $10,000, ended with a balance of $35,239. This represents an annualized return of 18.51%. The fund's standard deviation was slightly lower than SCHG's, at 18.63%, indicating marginally less volatility. In its best year, FSPGX achieved a 42.77% return, while the worst year saw a decline of -29.17%. The maximum drawdown recorded was -30.68%. FSPGX exhibited a Sharpe Ratio of 0.91 and a Sortino Ratio of 1.46, slightly higher than SCHG, suggesting better risk-adjusted performance. Its benchmark correlation was 0.96, closely mirroring market movements.

Comparatively, the SPDR S&P 500 ETF Trust, a well-known market benchmark, also began with $10,000 and concluded with a balance of $26,696. This results in an annualized return of 14.16%, lower than both SCHG and FSPGX. The fund had a standard deviation of 16.52%, indicating lower volatility relative to the other two funds. Its best year recorded a 31.22% return, while the worst year experienced a -18.17% decline. The maximum drawdown was -23.93%. The SPDR S&P 500 ETF Trust achieved a Sharpe Ratio of 0.77 and a Sortino Ratio of 1.18, lower than both SCHG and FSPGX, reflecting less efficiency in risk-adjusted returns. However, its benchmark correlation was a perfect 1.00, as expected for an ETF tracking the S&P 500.

In summary, SCHG and FSPGX both demonstrated higher growth and returns compared to the SPDR S&P 500 ETF Trust, albeit with greater volatility. SCHG had the highest overall return and best year performance, while FSPGX showed slightly better risk-adjusted returns. The SPDR S&P 500 ETF Trust provided more stable returns with lower volatility, serving as a reliable benchmark for comparison. Investors must weigh these factors according to their risk tolerance and investment objectives when deciding between these funds.