FFLG vs. AMZN
FFLG (Fidelity Fundamental Large Cap Growth ETF) is Large Cap Growth Equities fund actively managed by Fidelity, while AMZN (Amazon.com, Inc) is a stock. Over the past 5 years, FFLG returned 9.43%/yr vs 11.11%/yr for AMZN. Their 0.73 correlation means they have sometimes moved together and sometimes differently.
Performance
FFLG vs. AMZN - Performance Comparison
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Returns By Period
In the year-to-date period, FFLG achieves a 9.18% return, which is significantly lower than AMZN's 23.05% return.
FFLG
- 1D
- 2.41%
- 1M
- -1.57%
- 6M
- 8.17%
- YTD
- 9.18%
- 1Y
- 20.68%
- 3Y*
- 23.88%
- 5Y*
- 9.43%
- 10Y*
- —
- ALL TIME*
- 9.48%
AMZN
- 1D
- 4.58%
- 1M
- 17.04%
- 6M
- 16.90%
- YTD
- 23.05%
- 1Y
- 32.26%
- 3Y*
- 26.72%
- 5Y*
- 11.11%
- 10Y*
- 22.18%
- ALL TIME*
- 30.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AMZN Amazon.com, Inc | $14.75B | $11.88B | $12.52B |
| $3.52M | $6.28M | $4.13M |
FFLG vs. AMZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FFLG Fidelity Fundamental Large Cap Growth ETF | 9.18% | 19.61% | 32.29% | 49.71% | -37.86% | 2.32% |
AMZN Amazon.com, Inc | 23.05% | 5.21% | 44.39% | 80.88% | -49.62% | 0.66% |
Correlation
The correlation between FFLG and AMZN is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2021 | 0.73 |
The correlation between FFLG and AMZN shifts across timeframes, from 0.60 (1 year) to 0.74 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
FFLG vs. AMZN — Risk / Return Rank
FFLG
AMZN
FFLG vs. AMZN - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FFLG | AMZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.19 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 1.49 | -0.03 |
| Martin ratioReturn relative to average drawdown | 4.69 | 3.18 | +1.52 |
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Drawdowns
FFLG vs. AMZN - Drawdown Comparison
The maximum FFLG drawdown since its inception was -44.52%, 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.
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Drawdown Indicators
| FFLG | AMZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.52% | -94.40% | +49.88% |
Max Drawdown (1Y)Largest decline over 1 year | -14.23% | -21.74% | +7.51% |
Max Drawdown (3Y)Largest decline over 3 years | -26.72% | -30.88% | +4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -44.52% | -55.73% | +11.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.15% | — |
Current DrawdownCurrent decline from peak | -7.12% | 0.00% | -7.12% |
Average DrawdownAverage peak-to-trough decline | -14.01% | -28.11% | +14.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 10.17% | -5.76% |
Volatility
FFLG vs. AMZN - Volatility Comparison
The current volatility for Fidelity Fundamental Large Cap Growth ETF (FFLG) is 7.78%, while Amazon.com, Inc (AMZN) has a volatility of 16.97%. 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.
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Volatility by Period
| FFLG | AMZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.78% | 16.97% | -9.19% |
Volatility (6M)Calculated over the trailing 6-month period | 17.63% | 26.83% | -9.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.35% | 34.50% | -13.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.80% | 36.34% | -10.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.52% | 33.04% | -7.52% |
Dividends
FFLG vs. AMZN - Dividend Comparison
FFLG's dividend yield for the trailing twelve months is around 0.13%, while AMZN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFLG Fidelity Fundamental Large Cap Growth ETF | 0.13% | 0.14% | 0.09% | 0.00% | 1.50% | 0.55% |
Frequently Asked Questions
FFLG and AMZN have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZN has higher volatility (16.97%) compared to FFLG (7.78%). In terms of maximum drawdown, FFLG dropped -44.52% vs AMZN's -94.40%.
FFLG currently has the higher Sharpe Ratio (0.97 vs 0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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