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

Correlation

The correlation between FFLG and FSPGX is 0.89, 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. FSPGX - Performance Comparison

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

0.00%20.00%40.00%60.00%80.00%December2025FebruaryMarchAprilMay
14.66%
54.86%
FFLG
FSPGX

Key characteristics

Sharpe Ratio

FFLG:

0.19

FSPGX:

0.49

Sortino Ratio

FFLG:

0.43

FSPGX:

0.85

Omega Ratio

FFLG:

1.06

FSPGX:

1.12

Calmar Ratio

FFLG:

0.18

FSPGX:

0.53

Martin Ratio

FFLG:

0.56

FSPGX:

1.78

Ulcer Index

FFLG:

8.34%

FSPGX:

6.96%

Daily Std Dev

FFLG:

27.46%

FSPGX:

25.00%

Max Drawdown

FFLG:

-44.52%

FSPGX:

-32.66%

Current Drawdown

FFLG:

-13.58%

FSPGX:

-10.21%

Returns By Period

In the year-to-date period, FFLG achieves a -8.41% return, which is significantly lower than FSPGX's -6.43% return.


FFLG

YTD

-8.41%

1M

5.13%

6M

-9.58%

1Y

5.18%

5Y*

N/A

10Y*

N/A

FSPGX

YTD

-6.43%

1M

4.71%

6M

-5.63%

1Y

12.22%

5Y*

17.21%

10Y*

N/A

*Annualized

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FFLG vs. FSPGX - Expense Ratio Comparison

FFLG has a 0.38% expense ratio, which is higher than FSPGX's 0.04% expense ratio.


Risk-Adjusted Performance

FFLG vs. FSPGX — 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 3232
Overall Rank
The Sharpe Ratio Rank of FFLG is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of FFLG is 3333
Sortino Ratio Rank
The Omega Ratio Rank of FFLG is 3333
Omega Ratio Rank
The Calmar Ratio Rank of FFLG is 3333
Calmar Ratio Rank
The Martin Ratio Rank of FFLG is 3030
Martin Ratio Rank

FSPGX
The Risk-Adjusted Performance Rank of FSPGX is 5959
Overall Rank
The Sharpe Ratio Rank of FSPGX is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPGX is 5959
Sortino Ratio Rank
The Omega Ratio Rank of FSPGX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of FSPGX is 6868
Calmar Ratio Rank
The Martin Ratio Rank of FSPGX is 5656
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. FSPGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Growth ETF (FFLG) and Fidelity Large Cap Growth Index Fund (FSPGX). 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 FFLG Sharpe Ratio is 0.19, which is lower than the FSPGX Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of FFLG and FSPGX, 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 Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.19
0.49
FFLG
FSPGX

Dividends

FFLG vs. FSPGX - Dividend Comparison

FFLG's dividend yield for the trailing twelve months is around 0.10%, less than FSPGX's 0.40% yield.


TTM202420232022202120202019201820172016
FFLG
Fidelity Fundamental Large Cap Growth ETF
0.10%0.09%0.00%1.50%0.55%0.00%0.00%0.00%0.00%0.00%
FSPGX
Fidelity Large Cap Growth Index Fund
0.40%0.37%0.73%0.86%0.54%0.74%0.99%1.14%0.99%0.30%

Drawdowns

FFLG vs. FSPGX - Drawdown Comparison

The maximum FFLG drawdown since its inception was -44.52%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FFLG and FSPGX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-13.58%
-10.21%
FFLG
FSPGX

Volatility

FFLG vs. FSPGX - Volatility Comparison

Fidelity Fundamental Large Cap Growth ETF (FFLG) has a higher volatility of 8.88% compared to Fidelity Large Cap Growth Index Fund (FSPGX) at 8.35%. This indicates that FFLG's price experiences larger fluctuations and is considered to be riskier than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
8.88%
8.35%
FFLG
FSPGX