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FELG vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FELGFXAIX
YTD Return33.93%26.96%
Daily Std Dev16.90%12.27%
Max Drawdown-13.29%-33.79%
Current Drawdown-0.23%-0.25%

Correlation

-0.50.00.51.00.9

The correlation between FELG and FXAIX is 0.91, 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

FELG vs. FXAIX - Performance Comparison

In the year-to-date period, FELG achieves a 33.93% return, which is significantly higher than FXAIX's 26.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
15.96%
13.48%
FELG
FXAIX

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FELG vs. FXAIX - Expense Ratio Comparison

FELG has a 0.18% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FELG
Fidelity Enhanced Large Cap Growth ETF
Expense ratio chart for FELG: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

FELG vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Growth ETF (FELG) and Fidelity 500 Index Fund (FXAIX). 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.


FELG
Sharpe ratio
No data
FXAIX
Sharpe ratio
The chart of Sharpe ratio for FXAIX, currently valued at 3.06, compared to the broader market-2.000.002.004.003.06
Sortino ratio
The chart of Sortino ratio for FXAIX, currently valued at 4.07, compared to the broader market0.005.0010.004.07
Omega ratio
The chart of Omega ratio for FXAIX, currently valued at 1.58, compared to the broader market1.001.502.002.503.001.58
Calmar ratio
The chart of Calmar ratio for FXAIX, currently valued at 4.45, compared to the broader market0.005.0010.0015.004.45
Martin ratio
The chart of Martin ratio for FXAIX, currently valued at 20.17, compared to the broader market0.0020.0040.0060.0080.00100.00120.0020.17

FELG vs. FXAIX - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

FELG vs. FXAIX - Dividend Comparison

FELG's dividend yield for the trailing twelve months is around 0.39%, less than FXAIX's 1.21% yield.


TTM20232022202120202019201820172016201520142013
FELG
Fidelity Enhanced Large Cap Growth ETF
0.39%0.11%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FXAIX
Fidelity 500 Index Fund
1.21%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

FELG vs. FXAIX - Drawdown Comparison

The maximum FELG drawdown since its inception was -13.29%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FELG and FXAIX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.23%
-0.25%
FELG
FXAIX

Volatility

FELG vs. FXAIX - Volatility Comparison

Fidelity Enhanced Large Cap Growth ETF (FELG) has a higher volatility of 5.06% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. This indicates that FELG's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.06%
3.74%
FELG
FXAIX