Fidelity Series Large Cap Growth Index Fund (FHOFX)

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The chart shows the growth of an initial investment of $10,000 in Fidelity Series Large Cap Growth Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity Series Large Cap Growth Index Fund (FHOFX) has returned -13.01% so far this year and 14.54% over the past 12 months.

Based on dividend-adjusted daily data since Sep 4, 2018, FHOFX's average daily return is +0.07%, while the average monthly return is +1.31%. At this rate, your investment would double in approximately 4.4 years.

Historically, 63% of months were positive and 37% 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 54% 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%.

Fidelity Series Large Cap Growth Index Fund has an annualized alpha of 2.66%, 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 117.38% of S&P 500 Index gains and 102.21% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.66% 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.

FHOFX has an expense ratio of 0.00%, meaning no management fees are charged.

FHOFX ranks 26 for risk / return — below 26% 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.

The table below present risk-adjusted performance metrics for Fidelity Series Large Cap Growth Index Fund (FHOFX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Series Large Cap Growth Index Fund provided a 1.12% dividend yield over the last twelve months, with an annual payout of $0.29 per share.

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.

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.

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 16.13%.

The chart below shows the rolling one-month volatility.