- ISIN
- US31635V1338
- CUSIP
- 31635V133
- Issuer
- Fidelity
- Inception Date
- Aug 17, 2018
- Category
- Large Cap Growth Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FHOFX Performance Chart
Fidelity Series Large Cap Growth Index Fund (FHOFX) is up 8.6% since the beginning of the year. FHOFX is currently trading at $32 per share. Investors who bought $1,000 worth of FHOFX shares 5 years ago would now be looking at an investment worth $2,109.
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Returns By Period
Fidelity Series Large Cap Growth Index Fund (FHOFX) has returned 8.62% so far this year and 27.46% over the past 12 months.
Fidelity Series Large Cap Growth Index Fund
- 1D
- -0.37%
- 1M
- 7.11%
- YTD
- 8.62%
- 6M
- 7.98%
- 1Y
- 27.46%
- 3Y*
- 25.58%
- 5Y*
- 16.09%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
FHOFX Monthly Returns History
Based on dividend-adjusted daily data since Sep 4, 2018, FHOFX's average daily return is +0.08%, while the average monthly return is +1.51%. At this rate, an investment would double in approximately 3.9 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +14.7%, while the worst month was Apr 2022 at -12.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FHOFX closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +11.8%, while the worst single day was Mar 16, 2020 at -12.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.51% | -3.34% | -5.21% | 11.89% | 7.21% | 0.34% | 8.62% | ||||||
| 2025 | 1.97% | -3.59% | -8.41% | 1.79% | 8.81% | 6.38% | 3.79% | 1.11% | 5.31% | 3.63% | -1.82% | -0.62% | 18.55% |
| 2024 | 2.51% | 6.83% | 1.76% | -4.22% | 5.97% | 6.73% | -1.69% | 2.07% | 2.85% | -0.34% | 6.44% | 0.91% | 33.37% |
| 2023 | 8.35% | -1.16% | 6.83% | 0.97% | 4.54% | 6.86% | 3.39% | -0.94% | -5.44% | -1.42% | 11.00% | 4.39% | 42.77% |
| 2022 | -8.58% | -4.24% | 3.90% | -12.10% | -2.26% | -7.94% | 12.00% | -4.65% | -9.75% | 5.85% | 4.61% | -7.69% | -29.13% |
| 2021 | -0.70% | -0.06% | 1.74% | 6.78% | -1.36% | 6.30% | 3.30% | 3.74% | -5.62% | 8.66% | 0.62% | 2.16% | 27.68% |
Benchmark Metrics
Fidelity Series Large Cap Growth Index Fund has an annualized alpha of 2.82%, beta of 1.13, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since September 05, 2018.
- This fund captured 118.08% of S&P 500 Index gains and 101.84% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.82% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.13 and R2 of 0.92, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.82%
- Beta
- 1.13
- R²
- 0.92
- Upside Capture
- 118.08%
- Downside Capture
- 101.84%
Expense Ratio
FHOFX has an expense ratio of 0.00%, meaning no management fees are charged.
Return for Risk
Risk / Return Rank
FHOFX ranks 32 for risk / return — below 32% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Series Large Cap Growth Index Fund (FHOFX) and compare them to S&P 500 Index.
| FHOFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.41 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 2.93 | -1.16 |
| Martin ratioReturn relative to average drawdown | 5.92 | 13.52 | -7.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Series Large Cap Growth Index Fund provided a 0.90% dividend yield over the last twelve months, with an annual payout of $0.29 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.29 | $0.14 | $0.16 | $0.19 | $0.59 | $0.46 | $0.15 | $0.05 |
Dividend yield | 0.90% | 0.97% | 0.55% | 0.83% | 1.41% | 3.02% | 2.91% | 1.30% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Series Large Cap Growth Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.29 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.14 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.16 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.59 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Series Large Cap Growth Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Series Large Cap Growth Index Fund was 32.62%, occurring on Oct 14, 2022. Recovery took 296 trading sessions.
The current Fidelity Series Large Cap Growth Index Fund drawdown is 0.37%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -32.62%Oct 2022 | 9mo 20d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
COVID crash2020 | -31.48%Mar 2020 | 1mo 2d | 2mo 17d | 3mo 19dFeb 2020 - Jun 2020 |
2025 selloff2025 | -23.31%Apr 2025 | 3mo 22d | 2mo 19d | 6mo 11dDec 2024 - Jun 2025 |
Rate-hike selloffLate 2018 | -21.92%Dec 2018 | 2mo 23d | 3mo 19d | 6mo 12dOct 2018 - Apr 2019 |
2026 correction2026 | -16.13%Mar 2026 | 5mo 1d | 1mo 7d | 6mo 8dOct 2025 - May 2026 |
Drawdown Indicators
| FHOFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.62% | -56.78% | +24.16% |
Max Drawdown (1Y)Largest decline over 1 year | -16.13% | -9.10% | -7.03% |
Max Drawdown (3Y)Largest decline over 3 years | -23.31% | -18.90% | -4.41% |
Max Drawdown (5Y)Largest decline over 5 years | -32.62% | -25.43% | -7.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.37% | -0.74% | +0.37% |
Average DrawdownAverage peak-to-trough decline | -7.46% | -10.72% | +3.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 1.97% | +2.82% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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