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FFLG vs. FNILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFLG and FNILX is 0.90, 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.


-0.50.00.51.00.9

Performance

FFLG vs. FNILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Fundamental Large Cap Growth ETF (FFLG) and Fidelity ZERO Large Cap Index Fund (FNILX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%AugustSeptemberOctoberNovemberDecember2025
14.09%
11.93%
FFLG
FNILX

Key characteristics

Sharpe Ratio

FFLG:

1.44

FNILX:

1.96

Sortino Ratio

FFLG:

1.94

FNILX:

2.61

Omega Ratio

FFLG:

1.26

FNILX:

1.36

Calmar Ratio

FFLG:

2.02

FNILX:

2.98

Martin Ratio

FFLG:

7.50

FNILX:

12.43

Ulcer Index

FFLG:

3.87%

FNILX:

2.07%

Daily Std Dev

FFLG:

20.29%

FNILX:

13.19%

Max Drawdown

FFLG:

-44.52%

FNILX:

-33.75%

Current Drawdown

FFLG:

-4.55%

FNILX:

-1.79%

Returns By Period

In the year-to-date period, FFLG achieves a 1.16% return, which is significantly lower than FNILX's 2.39% return.


FFLG

YTD

1.16%

1M

-1.01%

6M

12.32%

1Y

28.72%

5Y*

N/A

10Y*

N/A

FNILX

YTD

2.39%

1M

0.85%

6M

11.35%

1Y

25.20%

5Y*

14.88%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FFLG vs. FNILX - Expense Ratio Comparison

FFLG has a 0.38% expense ratio, which is higher than FNILX's 0.00% expense ratio.


FFLG
Fidelity Fundamental Large Cap Growth ETF
Expense ratio chart for FFLG: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%
Expense ratio chart for FNILX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FFLG vs. FNILX — Risk-Adjusted Performance Rank

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

FFLG
The Risk-Adjusted Performance Rank of FFLG is 6262
Overall Rank
The Sharpe Ratio Rank of FFLG is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FFLG is 5858
Sortino Ratio Rank
The Omega Ratio Rank of FFLG is 6161
Omega Ratio Rank
The Calmar Ratio Rank of FFLG is 6464
Calmar Ratio Rank
The Martin Ratio Rank of FFLG is 6464
Martin Ratio Rank

FNILX
The Risk-Adjusted Performance Rank of FNILX is 8787
Overall Rank
The Sharpe Ratio Rank of FNILX is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of FNILX is 8585
Sortino Ratio Rank
The Omega Ratio Rank of FNILX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of FNILX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FNILX is 9090
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.

FFLG vs. FNILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Growth ETF (FFLG) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.


Sharpe ratio
The chart of Sharpe ratio for FFLG, currently valued at 1.44, compared to the broader market0.002.004.001.441.96
The chart of Sortino ratio for FFLG, currently valued at 1.94, compared to the broader market0.005.0010.001.942.61
The chart of Omega ratio for FFLG, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.261.36
The chart of Calmar ratio for FFLG, currently valued at 2.02, compared to the broader market0.005.0010.0015.0020.002.022.98
The chart of Martin ratio for FFLG, currently valued at 7.50, compared to the broader market0.0020.0040.0060.0080.00100.007.5012.43
FFLG
FNILX

The current FFLG Sharpe Ratio is 1.44, which is comparable to the FNILX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of FFLG and FNILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50AugustSeptemberOctoberNovemberDecember2025
1.44
1.96
FFLG
FNILX

Dividends

FFLG vs. FNILX - Dividend Comparison

FFLG's dividend yield for the trailing twelve months is around 0.09%, less than FNILX's 1.06% yield.


TTM2024202320222021202020192018
FFLG
Fidelity Fundamental Large Cap Growth ETF
0.09%0.09%0.00%1.50%0.55%0.00%0.00%0.00%
FNILX
Fidelity ZERO Large Cap Index Fund
1.06%1.09%1.34%1.53%0.95%1.20%1.17%0.41%

Drawdowns

FFLG vs. FNILX - Drawdown Comparison

The maximum FFLG drawdown since its inception was -44.52%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for FFLG and FNILX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-4.55%
-1.79%
FFLG
FNILX

Volatility

FFLG vs. FNILX - Volatility Comparison

Fidelity Fundamental Large Cap Growth ETF (FFLG) has a higher volatility of 6.99% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 4.35%. This indicates that FFLG's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%AugustSeptemberOctoberNovemberDecember2025
6.99%
4.35%
FFLG
FNILX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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