FFLC vs. FFLV
Compare and contrast key facts about Fidelity Fundamental Large Cap Core ETF (FFLC) and Fidelity Fundamental Large Cap Value ETF (FFLV).
FFLC and FFLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFLC is an actively managed fund by Fidelity. It was launched on Jun 2, 2020. FFLV is an actively managed fund by Fidelity. It was launched on Feb 22, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFLC or FFLV.
Correlation
The correlation between FFLC and FFLV is 0.67, 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.
Performance
FFLC vs. FFLV - Performance Comparison
Key characteristics
FFLC:
0.57
FFLV:
0.40
FFLC:
0.91
FFLV:
0.67
FFLC:
1.13
FFLV:
1.09
FFLC:
0.58
FFLV:
0.41
FFLC:
2.15
FFLV:
1.31
FFLC:
5.29%
FFLV:
5.19%
FFLC:
19.89%
FFLV:
17.21%
FFLC:
-19.72%
FFLV:
-16.71%
FFLC:
-8.34%
FFLV:
-8.73%
Returns By Period
In the year-to-date period, FFLC achieves a -3.38% return, which is significantly lower than FFLV's -0.96% return.
FFLC
-3.38%
12.95%
-1.87%
9.12%
N/A
N/A
FFLV
-0.96%
6.68%
-2.07%
5.57%
N/A
N/A
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FFLC vs. FFLV - Expense Ratio Comparison
Both FFLC and FFLV have an expense ratio of 0.38%.
Risk-Adjusted Performance
FFLC vs. FFLV — Risk-Adjusted Performance Rank
FFLC
FFLV
FFLC vs. FFLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Core ETF (FFLC) and Fidelity Fundamental Large Cap Value ETF (FFLV). 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
FFLC vs. FFLV - Dividend Comparison
FFLC's dividend yield for the trailing twelve months is around 0.98%, less than FFLV's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
FFLC Fidelity Fundamental Large Cap Core ETF | 0.98% | 0.82% | 0.57% | 1.67% | 1.68% | 0.89% |
FFLV Fidelity Fundamental Large Cap Value ETF | 1.77% | 1.46% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFLC vs. FFLV - Drawdown Comparison
The maximum FFLC drawdown since its inception was -19.72%, which is greater than FFLV's maximum drawdown of -16.71%. Use the drawdown chart below to compare losses from any high point for FFLC and FFLV. For additional features, visit the drawdowns tool.
Volatility
FFLC vs. FFLV - Volatility Comparison
Fidelity Fundamental Large Cap Core ETF (FFLC) has a higher volatility of 12.91% compared to Fidelity Fundamental Large Cap Value ETF (FFLV) at 10.71%. This indicates that FFLC's price experiences larger fluctuations and is considered to be riskier than FFLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.