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FELE vs. FNILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FELE and FNILX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

FELE vs. FNILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Electric Co., Inc. (FELE) and Fidelity ZERO Large Cap Index Fund (FNILX). The values are adjusted to include any dividend payments, if applicable.

100.00%110.00%120.00%130.00%140.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
122.95%
125.10%
FELE
FNILX

Key characteristics

Sharpe Ratio

FELE:

0.17

FNILX:

2.13

Sortino Ratio

FELE:

0.40

FNILX:

2.84

Omega Ratio

FELE:

1.05

FNILX:

1.39

Calmar Ratio

FELE:

0.32

FNILX:

3.15

Martin Ratio

FELE:

0.75

FNILX:

13.80

Ulcer Index

FELE:

5.46%

FNILX:

1.97%

Daily Std Dev

FELE:

24.79%

FNILX:

12.77%

Max Drawdown

FELE:

-71.12%

FNILX:

-33.75%

Current Drawdown

FELE:

-10.90%

FNILX:

-3.70%

Returns By Period

In the year-to-date period, FELE achieves a 2.78% return, which is significantly lower than FNILX's 25.28% return.


FELE

YTD

2.78%

1M

-6.16%

6M

1.53%

1Y

3.62%

5Y*

12.67%

10Y*

11.39%

FNILX

YTD

25.28%

1M

-0.61%

6M

8.70%

1Y

25.91%

5Y*

14.69%

10Y*

N/A

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Risk-Adjusted Performance

FELE vs. FNILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Electric Co., Inc. (FELE) 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 ratio
The chart of Sharpe ratio for FELE, currently valued at 0.17, compared to the broader market-4.00-2.000.002.000.172.13
The chart of Sortino ratio for FELE, currently valued at 0.40, compared to the broader market-4.00-2.000.002.004.000.402.84
The chart of Omega ratio for FELE, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.39
The chart of Calmar ratio for FELE, currently valued at 0.32, compared to the broader market0.002.004.006.000.323.15
The chart of Martin ratio for FELE, currently valued at 0.75, compared to the broader market-5.000.005.0010.0015.0020.0025.000.7513.80
FELE
FNILX

The current FELE Sharpe Ratio is 0.17, which is lower than the FNILX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of FELE and FNILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.17
2.13
FELE
FNILX

Dividends

FELE vs. FNILX - Dividend Comparison

FELE's dividend yield for the trailing twelve months is around 1.02%, more than FNILX's 0.02% yield.


TTM20232022202120202019201820172016201520142013
FELE
Franklin Electric Co., Inc.
1.02%0.93%0.98%0.74%0.90%1.01%1.09%0.92%1.02%1.42%0.93%0.68%
FNILX
Fidelity ZERO Large Cap Index Fund
0.02%1.34%1.53%0.95%1.20%1.17%0.41%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FELE vs. FNILX - Drawdown Comparison

The maximum FELE drawdown since its inception was -71.12%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for FELE and FNILX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.90%
-3.70%
FELE
FNILX

Volatility

FELE vs. FNILX - Volatility Comparison

Franklin Electric Co., Inc. (FELE) has a higher volatility of 6.60% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 4.08%. This indicates that FELE's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.60%
4.08%
FELE
FNILX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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