FFLG vs. FFLV
Compare and contrast key facts about Fidelity Fundamental Large Cap Growth ETF (FFLG) and Fidelity Fundamental Large Cap Value ETF (FFLV).
FFLG and FFLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFLG is an actively managed fund by Fidelity. It was launched on Feb 2, 2021. 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: FFLG or FFLV.
Correlation
The correlation between FFLG 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
FFLG vs. FFLV - Performance Comparison
Key characteristics
FFLG:
0.19
FFLV:
0.18
FFLG:
0.43
FFLV:
0.49
FFLG:
1.06
FFLV:
1.07
FFLG:
0.18
FFLV:
0.27
FFLG:
0.56
FFLV:
0.86
FFLG:
8.34%
FFLV:
5.31%
FFLG:
27.46%
FFLV:
17.18%
FFLG:
-44.52%
FFLV:
-16.71%
FFLG:
-13.58%
FFLV:
-8.62%
Returns By Period
In the year-to-date period, FFLG achieves a -8.41% return, which is significantly lower than FFLV's -0.85% return.
FFLG
-8.41%
5.13%
-9.58%
5.18%
N/A
N/A
FFLV
-0.85%
2.71%
-6.40%
3.07%
N/A
N/A
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FFLG vs. FFLV - Expense Ratio Comparison
Both FFLG and FFLV have an expense ratio of 0.38%.
Risk-Adjusted Performance
FFLG vs. FFLV — Risk-Adjusted Performance Rank
FFLG
FFLV
FFLG vs. FFLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Growth ETF (FFLG) 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
FFLG vs. FFLV - Dividend Comparison
FFLG's dividend yield for the trailing twelve months is around 0.10%, less than FFLV's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
FFLG Fidelity Fundamental Large Cap Growth ETF | 0.10% | 0.09% | 0.00% | 1.50% | 0.55% |
FFLV Fidelity Fundamental Large Cap Value ETF | 1.77% | 1.46% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFLG vs. FFLV - Drawdown Comparison
The maximum FFLG drawdown since its inception was -44.52%, which is greater than FFLV's maximum drawdown of -16.71%. Use the drawdown chart below to compare losses from any high point for FFLG and FFLV. For additional features, visit the drawdowns tool.
Volatility
FFLG vs. FFLV - Volatility Comparison
Fidelity Fundamental Large Cap Growth ETF (FFLG) has a higher volatility of 8.88% compared to Fidelity Fundamental Large Cap Value ETF (FFLV) at 5.51%. This indicates that FFLG'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.