- ISIN
- US3163453059
- CUSIP
- 316345305
- Issuer
- Fidelity
- Inception Date
- Dec 27, 1989
- Region
- Global (Global)
- Category
- Mid Cap Value Equities
- Min. Investment
- $0
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FLPSX Performance Chart
Fidelity Low-Priced Stock Fund (FLPSX) is up 10.7% since the beginning of the year. FLPSX is currently trading at $46 per share. Investors who bought $1,000 worth of FLPSX shares 5 years ago would now be looking at an investment worth $1,571.
Loading charts...
Returns By Period
Fidelity Low-Priced Stock Fund (FLPSX) has returned 10.72% so far this year and 22.22% over the past 12 months. Over the last ten years, FLPSX has returned 11.02% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Low-Priced Stock Fund
- 1D
- 0.31%
- 1M
- 2.49%
- YTD
- 10.72%
- 6M
- 10.00%
- 1Y
- 22.22%
- 3Y*
- 14.59%
- 5Y*
- 9.46%
- 10Y*
- 11.02%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FLPSX Monthly Returns History
Based on dividend-adjusted daily data since Dec 27, 1989, FLPSX's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +14.5%, while the worst month was Oct 2008 at -20.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FLPSX closed higher 56% of trading days. The best single day was Sep 8, 2023 with a return of +14.2%, while the worst single day was Sep 11, 2023 at -12.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.49% | 3.39% | -6.56% | 7.02% | 1.32% | 1.15% | 10.72% | ||||||
| 2025 | 2.94% | -2.00% | -2.19% | -1.29% | 5.37% | 4.30% | 0.41% | 4.91% | 0.07% | -1.97% | 2.03% | 1.62% | 14.69% |
| 2024 | -0.93% | 4.35% | 4.76% | -3.33% | 3.86% | -2.32% | 5.15% | 0.02% | 0.37% | -3.33% | 5.08% | -5.85% | 7.23% |
| 2023 | 5.33% | -2.45% | -1.58% | 1.16% | -3.77% | 5.74% | 3.81% | -2.10% | -2.41% | -2.85% | 6.59% | 7.02% | 14.41% |
| 2022 | -2.64% | -0.67% | 1.02% | -4.19% | 3.16% | -10.44% | 6.26% | -2.16% | -8.06% | 10.19% | 6.63% | -2.90% | -5.69% |
| 2021 | 1.58% | 4.45% | 7.27% | 3.65% | 2.61% | -1.29% | -0.10% | 1.14% | -2.75% | 2.76% | -2.96% | 6.31% | 24.46% |
Benchmark Metrics
Fidelity Low-Priced Stock Fund has an annualized alpha of 6.16%, beta of 0.72, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since December 27, 1989.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (97.73%) than losses (78.32%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 6.16% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 6.16%
- Beta
- 0.72
- R²
- 0.74
- Upside Capture
- 97.73%
- Downside Capture
- 78.32%
Expense Ratio
FLPSX has an expense ratio of 0.87%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FLPSX ranks 42 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 Low-Priced Stock Fund (FLPSX) 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.
| FLPSX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 2.78 | -0.30 |
| Martin ratioReturn relative to average drawdown | 8.47 | 12.44 | -3.97 |
Dividends
Dividend History
Fidelity Low-Priced Stock Fund provided a 12.00% dividend yield over the last twelve months, with an annual payout of $5.48 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $5.48 | $5.48 | $6.62 | $8.06 | $4.37 | $6.51 | $5.42 | $4.07 | $5.84 | $4.06 | $2.40 | $1.93 |
Dividend yield | 12.00% | 13.28% | 16.24% | 18.29% | 9.45% | 12.11% | 11.14% | 8.14% | 13.45% | 7.45% | 4.85% | 4.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Low-Priced Stock 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 | $4.30 | $0.00 | $0.00 | $1.18 | $5.48 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.79 | $0.00 | $0.00 | $1.83 | $6.62 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.38 | $0.00 | $0.00 | $1.68 | $8.06 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.40 | $0.00 | $0.00 | $0.97 | $4.37 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.55 | $0.00 | $0.00 | $1.96 | $6.51 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Low-Priced Stock 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 Low-Priced Stock Fund was 54.81%, occurring on Mar 9, 2009. Recovery took 469 trading sessions.
The current Fidelity Low-Priced Stock Fund drawdown is 1.08%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.81%Mar 2009 | 1y 7mo | 1y 10mo | 3y 6moJul 2007 - Jan 2011 |
COVID crash2020 | -38.16%Mar 2020 | 2mo 2d | 7mo 22d | 9mo 24dJan 2020 - Nov 2020 |
1998 bear market1998 | -27.74%Oct 1998 | 5mo 18d | 1y 9mo | 2y 2moApr 1998 - Jul 2000 |
Dot-com crash2000–2002 | -26.55%Oct 2002 | 4mo 26d | 9mo 8d | 1y 1moMay 2002 - Jul 2003 |
2011 bear market2011 | -20.62%Oct 2011 | 5mo 4d | 4mo 16d | 9mo 20dMay 2011 - Feb 2012 |
Drawdown Indicators
| FLPSX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.81% | -56.78% | +1.97% |
Max Drawdown (1Y)Largest decline over 1 year | -8.87% | -9.10% | +0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -17.66% | -18.90% | +1.24% |
Max Drawdown (5Y)Largest decline over 5 years | -18.76% | -25.43% | +6.67% |
Max Drawdown (10Y)Largest decline over 10 years | -38.16% | -33.92% | -4.24% |
Current DrawdownCurrent decline from peak | -1.08% | -1.80% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -5.65% | -10.71% | +5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 2.03% | +0.57% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FLPSX
Add Fidelity Low-Priced Stock Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FLPSX