FFLG vs. AMZN
Compare and contrast key facts about Fidelity Fundamental Large Cap Growth ETF (FFLG) and Amazon.com, Inc. (AMZN).
FFLG is an actively managed fund by Fidelity. It was launched on Feb 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFLG or AMZN.
Key characteristics
| FFLG | AMZN | |
|---|---|---|
| YTD Return | 17.98% | 22.41% |
| 1Y Return | 49.55% | 64.01% |
| 3Y Return (Ann) | 6.08% | 4.90% |
| Sharpe Ratio | 2.69 | 2.35 |
| Daily Std Dev | 18.24% | 28.63% |
| Max Drawdown | -45.35% | -94.40% |
| Current Drawdown | -0.89% | -1.85% |
Correlation
The correlation between FFLG and AMZN is 0.76, 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
FFLG vs. AMZN - Performance Comparison
In the year-to-date period, FFLG achieves a 17.98% return, which is significantly lower than AMZN's 22.41% 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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Risk-Adjusted Performance
FFLG vs. AMZN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Growth ETF (FFLG) and Amazon.com, Inc. (AMZN). 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
FFLG vs. AMZN - Dividend Comparison
Neither FFLG nor AMZN has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
FFLG Fidelity Fundamental Large Cap Growth ETF | 0.00% | 0.00% | 1.50% | 0.54% |
AMZN Amazon.com, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFLG vs. AMZN - Drawdown Comparison
The maximum FFLG drawdown since its inception was -45.35%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for FFLG and AMZN. For additional features, visit the drawdowns tool.
Volatility
FFLG vs. AMZN - Volatility Comparison
The current volatility for Fidelity Fundamental Large Cap Growth ETF (FFLG) is 6.30%, while Amazon.com, Inc. (AMZN) has a volatility of 8.05%. This indicates that FFLG experiences smaller price fluctuations and is considered to be less risky than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.