FCPI vs. XLG
Compare and contrast key facts about Fidelity Stocks for Inflation ETF (FCPI) and Invesco S&P 500® Top 50 ETF (XLG).
FCPI and XLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCPI is a passively managed fund by Fidelity that tracks the performance of the Fidelity Stocks for Inflation Factor Index. It was launched on Nov 5, 2019. XLG is a passively managed fund by Invesco that tracks the performance of the Russell Top 50 Index. It was launched on May 10, 2005. Both FCPI and XLG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCPI or XLG.
Key characteristics
| FCPI | XLG | |
|---|---|---|
| YTD Return | 8.17% | 7.63% |
| 1Y Return | 21.69% | 29.71% |
| 3Y Return (Ann) | 11.53% | 10.12% |
| Sharpe Ratio | 1.89 | 2.12 |
| Daily Std Dev | 10.76% | 13.49% |
| Max Drawdown | -37.26% | -52.38% |
| Current Drawdown | -4.29% | -4.21% |
Correlation
The correlation between FCPI and XLG is 0.82, 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
FCPI vs. XLG - Performance Comparison
In the year-to-date period, FCPI achieves a 8.17% return, which is significantly higher than XLG's 7.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FCPI vs. XLG - Expense Ratio Comparison
FCPI has a 0.29% expense ratio, which is higher than XLG's 0.20% expense ratio.
Risk-Adjusted Performance
FCPI vs. XLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Stocks for Inflation ETF (FCPI) and Invesco S&P 500® Top 50 ETF (XLG). 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
FCPI vs. XLG - Dividend Comparison
FCPI's dividend yield for the trailing twelve months is around 1.61%, more than XLG's 0.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCPI Fidelity Stocks for Inflation ETF | 1.61% | 1.88% | 1.77% | 1.19% | 3.53% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLG Invesco S&P 500® Top 50 ETF | 0.89% | 0.97% | 1.34% | 0.93% | 1.25% | 1.58% | 2.00% | 1.86% | 1.99% | 2.09% | 1.97% | 1.98% |
Drawdowns
FCPI vs. XLG - Drawdown Comparison
The maximum FCPI drawdown since its inception was -37.26%, smaller than the maximum XLG drawdown of -52.38%. Use the drawdown chart below to compare losses from any high point for FCPI and XLG. For additional features, visit the drawdowns tool.
Volatility
FCPI vs. XLG - Volatility Comparison
The current volatility for Fidelity Stocks for Inflation ETF (FCPI) is 3.62%, while Invesco S&P 500® Top 50 ETF (XLG) has a volatility of 4.71%. This indicates that FCPI experiences smaller price fluctuations and is considered to be less risky than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.