Which has been performing better FXAIX or SPY

FXAIX has been performing slightly better than SPY, based on the annualized returns over the past 10 years. Here are the key points to consider:

1. Annualized Returns:
   • FXAIX has delivered an annualized return of 13.06% over the past decade.
   • SPY has an annualized return of 12.90% over the same period.
2. Year-to-Date (YTD) Performance:
   • As of the latest data, FXAIX has a YTD return of 19.52%, while SPY has a YTD return of 19.34%.
3. Risk Metrics:
   • Both funds have similar risk metrics, such as Sharpe ratio and daily standard deviation.
   • The correlation between their price movements is high at 0.99, indicating a strong positive relationship.
4. Expense Ratios:
   • FXAIX has a lower expense ratio of 0.02%, while SPY has a higher expense ratio of 0.09%.
5. Dividends:
   • The dividend yield for FXAIX is not provided, but it is managed by Fidelity, known for its low-cost index funds that may offer dividends.
   • SPY also distributes dividends, with the distribution schedule and amounts available on the fund's website.

In conclusion, FXAIX's slightly higher annualized return and YTD performance, combined with its lower expense ratio, give it an edge over SPY. However, it's important to consider that both funds have performed closely, and the choice between them would depend on an investor's specific needs and preferences.