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FFLC vs. SPGP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFLC and SPGP is 0.87, 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

FFLC vs. SPGP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Fundamental Large Cap Core ETF (FFLC) and Invesco S&P 500 GARP ETF (SPGP). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFLC:

0.53

SPGP:

0.05

Sortino Ratio

FFLC:

0.82

SPGP:

0.14

Omega Ratio

FFLC:

1.12

SPGP:

1.02

Calmar Ratio

FFLC:

0.51

SPGP:

-0.02

Martin Ratio

FFLC:

1.81

SPGP:

-0.05

Ulcer Index

FFLC:

5.50%

SPGP:

6.95%

Daily Std Dev

FFLC:

20.20%

SPGP:

22.51%

Max Drawdown

FFLC:

-19.72%

SPGP:

-42.08%

Current Drawdown

FFLC:

-4.11%

SPGP:

-8.85%

Returns By Period

In the year-to-date period, FFLC achieves a 1.07% return, which is significantly higher than SPGP's -2.58% return.


FFLC

YTD

1.07%

1M

7.18%

6M

-1.83%

1Y

10.53%

3Y*

16.67%

5Y*

N/A

10Y*

N/A

SPGP

YTD

-2.58%

1M

5.07%

6M

-8.25%

1Y

1.06%

3Y*

6.65%

5Y*

14.41%

10Y*

12.75%

*Annualized

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Invesco S&P 500 GARP ETF

FFLC vs. SPGP - Expense Ratio Comparison

FFLC has a 0.38% expense ratio, which is higher than SPGP's 0.36% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FFLC vs. SPGP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFLC
The Risk-Adjusted Performance Rank of FFLC is 4949
Overall Rank
The Sharpe Ratio Rank of FFLC is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of FFLC is 4646
Sortino Ratio Rank
The Omega Ratio Rank of FFLC is 4848
Omega Ratio Rank
The Calmar Ratio Rank of FFLC is 5252
Calmar Ratio Rank
The Martin Ratio Rank of FFLC is 4949
Martin Ratio Rank

SPGP
The Risk-Adjusted Performance Rank of SPGP is 1515
Overall Rank
The Sharpe Ratio Rank of SPGP is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of SPGP is 1515
Sortino Ratio Rank
The Omega Ratio Rank of SPGP is 1515
Omega Ratio Rank
The Calmar Ratio Rank of SPGP is 1414
Calmar Ratio Rank
The Martin Ratio Rank of SPGP is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FFLC vs. SPGP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Core ETF (FFLC) and Invesco S&P 500 GARP ETF (SPGP). 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.


The current FFLC Sharpe Ratio is 0.53, which is higher than the SPGP Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of FFLC and SPGP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FFLC vs. SPGP - Dividend Comparison

FFLC's dividend yield for the trailing twelve months is around 0.94%, less than SPGP's 1.50% yield.


TTM20242023202220212020201920182017201620152014
FFLC
Fidelity Fundamental Large Cap Core ETF
0.94%0.82%0.57%1.67%1.68%0.89%0.00%0.00%0.00%0.00%0.00%0.00%
SPGP
Invesco S&P 500 GARP ETF
1.50%1.38%1.24%1.22%0.69%1.10%0.86%0.95%0.68%0.89%1.12%1.52%

Drawdowns

FFLC vs. SPGP - Drawdown Comparison

The maximum FFLC drawdown since its inception was -19.72%, smaller than the maximum SPGP drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for FFLC and SPGP.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FFLC vs. SPGP - Volatility Comparison

The current volatility for Fidelity Fundamental Large Cap Core ETF (FFLC) is 4.69%, while Invesco S&P 500 GARP ETF (SPGP) has a volatility of 6.41%. This indicates that FFLC experiences smaller price fluctuations and is considered to be less risky than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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