FCFMX vs. SPY
Compare and contrast key facts about Fidelity Series Total Market Index Fund (FCFMX) and SPDR S&P 500 ETF (SPY).
FCFMX is managed by Fidelity. It was launched on Apr 26, 2019. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCFMX or SPY.
Correlation
The correlation between FCFMX and SPY is 0.99, 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
FCFMX vs. SPY - Performance Comparison
Key characteristics
FCFMX:
0.47
SPY:
0.52
FCFMX:
0.79
SPY:
0.87
FCFMX:
1.12
SPY:
1.13
FCFMX:
0.48
SPY:
0.55
FCFMX:
1.92
SPY:
2.26
FCFMX:
4.86%
SPY:
4.59%
FCFMX:
19.79%
SPY:
20.10%
FCFMX:
-34.99%
SPY:
-55.19%
FCFMX:
-10.60%
SPY:
-9.86%
Returns By Period
In the year-to-date period, FCFMX achieves a -6.46% return, which is significantly lower than SPY's -5.73% return.
FCFMX
-6.46%
-1.21%
-5.07%
8.75%
14.36%
N/A
SPY
-5.73%
-0.87%
-4.56%
9.76%
15.17%
12.04%
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FCFMX vs. SPY - Expense Ratio Comparison
FCFMX has a 0.00% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FCFMX vs. SPY — Risk-Adjusted Performance Rank
FCFMX
SPY
FCFMX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Total Market Index Fund (FCFMX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FCFMX vs. SPY - Dividend Comparison
FCFMX's dividend yield for the trailing twelve months is around 1.16%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCFMX Fidelity Series Total Market Index Fund | 1.16% | 1.27% | 1.45% | 1.62% | 1.17% | 1.39% | 1.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FCFMX vs. SPY - Drawdown Comparison
The maximum FCFMX drawdown since its inception was -34.99%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCFMX and SPY. For additional features, visit the drawdowns tool.
Volatility
FCFMX vs. SPY - Volatility Comparison
The current volatility for Fidelity Series Total Market Index Fund (FCFMX) is 14.31%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that FCFMX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.