PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BKLC vs. FNILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BKLCFNILX
YTD Return10.40%10.50%
1Y Return35.76%33.28%
3Y Return (Ann)11.77%11.14%
Sharpe Ratio3.183.00
Daily Std Dev11.83%11.74%
Max Drawdown-26.14%-33.75%
Current Drawdown-0.02%0.00%

Correlation

0.97
-1.001.00

The correlation between BKLC and FNILX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

BKLC vs. FNILX - Performance Comparison

The year-to-date returns for both investments are quite close, with BKLC having a 10.40% return and FNILX slightly higher at 10.50%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


60.00%70.00%80.00%90.00%100.00%OctoberNovemberDecember2024FebruaryMarch
101.00%
100.05%
BKLC
FNILX

Compare stocks, funds, or ETFs


BNY Mellon US Large Cap Core Equity ETF

Fidelity ZERO Large Cap Index Fund

BKLC vs. FNILX - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than FNILX's 0.00% expense ratio.

BKLC
BNY Mellon US Large Cap Core Equity ETF
0.50%1.00%1.50%2.00%0.00%
0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

BKLC vs. FNILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Large Cap Core Equity ETF (BKLC) and Fidelity ZERO Large Cap Index Fund (FNILX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BKLC
BNY Mellon US Large Cap Core Equity ETF
3.18
FNILX
Fidelity ZERO Large Cap Index Fund
3.00

BKLC vs. FNILX - Sharpe Ratio Comparison

The current BKLC Sharpe Ratio is 3.18, which roughly equals the FNILX Sharpe Ratio of 3.00. The chart below compares the 12-month rolling Sharpe Ratio of BKLC and FNILX.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
3.18
3.00
BKLC
FNILX

Dividends

BKLC vs. FNILX - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.22%, which matches FNILX's 1.21% yield.


TTM202320222021202020192018
BKLC
BNY Mellon US Large Cap Core Equity ETF
1.22%1.35%1.64%1.10%0.84%0.00%0.00%
FNILX
Fidelity ZERO Large Cap Index Fund
1.21%1.34%1.53%0.95%1.20%1.17%0.53%

Drawdowns

BKLC vs. FNILX - Drawdown Comparison

The maximum BKLC drawdown since its inception was -26.14%, smaller than the maximum FNILX drawdown of -33.75%. The drawdown chart below compares losses from any high point along the way for BKLC and FNILX


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.02%
0
BKLC
FNILX

Volatility

BKLC vs. FNILX - Volatility Comparison

BNY Mellon US Large Cap Core Equity ETF (BKLC) and Fidelity ZERO Large Cap Index Fund (FNILX) have volatilities of 2.97% and 2.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%OctoberNovemberDecember2024FebruaryMarch
2.97%
2.86%
BKLC
FNILX