- ISIN
- US31635V7947
- CUSIP
- 31635V794
- Issuer
- Fidelity
- Inception Date
- Feb 2, 2016
- Category
- Large Cap Blend Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FLCPX Performance Chart
Fidelity SAI U.S. Large Cap Index Fund (FLCPX) is up 8.2% since the beginning of the year. FLCPX is currently trading at $29 per share. Investors who bought $1,000 worth of FLCPX shares 5 years ago would now be looking at an investment worth $1,855.
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Returns By Period
Fidelity SAI U.S. Large Cap Index Fund (FLCPX) has returned 8.23% so far this year and 22.37% over the past 12 months. Looking at the last ten years, FLCPX has achieved an annualized return of 15.64%, outperforming the S&P 500 Index benchmark, which averaged 13.70% per year.
Fidelity SAI U.S. Large Cap Index Fund
- 1D
- -1.44%
- 1M
- -1.34%
- YTD
- 8.23%
- 6M
- 6.89%
- 1Y
- 22.37%
- 3Y*
- 20.83%
- 5Y*
- 13.15%
- 10Y*
- 15.64%
Benchmark (S&P 500 Index)
- 1D
- -0.10%
- 1M
- -1.54%
- YTD
- 7.49%
- 6M
- 6.15%
- 1Y
- 20.78%
- 3Y*
- 19.17%
- 5Y*
- 11.44%
- 10Y*
- 13.70%
FLCPX Monthly Returns History
Based on dividend-adjusted daily data since Feb 12, 2016, FLCPX's average daily return is +0.07%, while the average monthly return is +1.34%. At this rate, an investment would double in approximately 4.3 years.
Historically, 72% of months were positive and 28% were negative. The best month was Apr 2020 with a return of +12.8%, while the worst month was Mar 2020 at -12.4%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FLCPX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +9.5%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.47% | -0.76% | -5.00% | 10.48% | 5.28% | -2.74% | 8.23% | ||||||
| 2025 | 2.75% | -1.30% | -5.64% | -0.67% | 6.29% | 5.07% | 2.27% | 2.02% | 3.63% | 2.36% | 0.22% | 0.07% | 17.84% |
| 2024 | 1.67% | 5.33% | 3.22% | -4.08% | 4.97% | 3.55% | 1.23% | 2.43% | 2.13% | -0.92% | 5.89% | -2.32% | 25.08% |
| 2023 | 6.25% | -2.41% | 3.61% | 1.61% | 0.38% | 6.62% | 3.21% | -1.58% | -4.76% | -2.08% | 9.12% | 4.53% | 26.25% |
| 2022 | -5.19% | -3.01% | 3.73% | -8.71% | 0.15% | -8.22% | 9.18% | -4.08% | -9.08% | 8.10% | 5.55% | -5.76% | -18.06% |
| 2021 | -1.02% | 2.78% | 4.36% | 5.33% | 0.73% | 2.31% | 2.39% | 3.02% | -4.70% | 6.99% | -0.68% | 4.48% | 28.61% |
Benchmark Metrics
Fidelity SAI U.S. Large Cap Index Fund has an annualized alpha of 1.55%, beta of 1.00, and R2 of 0.99 versus S&P 500 Index. Calculated based on daily prices since February 12, 2016.
- This fund captured 104.24% of S&P 500 Index gains but only 97.21% of its losses - a favorable profile for investors.
- With beta of 1.00 and R2 of 0.99, 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
- 1.55%
- Beta
- 1.00
- R²
- 0.99
- Upside Capture
- 104.24%
- Downside Capture
- 97.21%
Expense Ratio
FLCPX has an expense ratio of 0.02%, which is considered low.
Return for Risk
Risk / Return Rank
FLCPX ranks 53 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity SAI U.S. Large Cap Index Fund (FLCPX) and compare them to S&P 500 Index.
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.
| FLCPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.30 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 2.29 | +0.39 |
| Martin ratioReturn relative to average drawdown | 12.06 | 10.15 | +1.91 |
Dividends
Dividend History
Fidelity SAI U.S. Large Cap Index Fund provided a 0.52% dividend yield over the last twelve months, with an annual payout of $0.15 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.15 | $1.42 | $1.39 | $1.89 | $2.36 | $0.77 | $0.30 | $0.29 | $0.22 | $0.09 |
Dividend yield | 0.52% | 0.56% | 6.11% | 7.05% | 11.23% | 10.38% | 3.93% | 1.74% | 2.18% | 1.57% | 0.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity SAI U.S. Large Cap 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 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.14 | $0.15 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $1.16 | $1.42 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $0.15 | $1.39 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.29 | $0.00 | $0.00 | $0.60 | $1.89 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.22 | $0.00 | $0.00 | $0.14 | $2.36 |
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 SAI U.S. Large Cap 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 SAI U.S. Large Cap Index Fund was 33.87%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.
The current Fidelity SAI U.S. Large Cap Index Fund drawdown is 3.12%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.87%Mar 2020 | 1mo 2d | 4mo 20d | 5mo 22dFeb 2020 - Aug 2020 |
Bear market2022 | -24.40%Oct 2022 | 9mo 11d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -19.40%Dec 2018 | 3mo 1d | 3mo 19d | 6mo 20dSep 2018 - Apr 2019 |
2025 selloff2025 | -18.76%Apr 2025 | 1mo 17d | 2mo 19d | 4mo 6dFeb 2025 - Jun 2025 |
2018 correction2018 | -10.09%Feb 2018 | 10d | 5mo 17d | 5mo 27dJan 2018 - Jul 2018 |
Drawdown Indicators
| FLCPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.87% | -56.78% | +22.91% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -9.10% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -18.76% | -18.90% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -24.40% | -25.43% | +1.03% |
Max Drawdown (10Y)Largest decline over 10 years | -33.87% | -33.92% | +0.05% |
Current DrawdownCurrent decline from peak | -3.12% | -3.31% | +0.19% |
Average DrawdownAverage peak-to-trough decline | -4.17% | -10.71% | +6.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 2.05% | -0.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with FLCPX
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