FFLG vs. GOOG
Compare and contrast key facts about Fidelity Fundamental Large Cap Growth ETF (FFLG) and Alphabet Inc. (GOOG).
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 GOOG.
Correlation
The correlation between FFLG and GOOG is 0.71, 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. GOOG - Performance Comparison
Key characteristics
FFLG:
1.44
GOOG:
1.04
FFLG:
1.94
GOOG:
1.53
FFLG:
1.26
GOOG:
1.20
FFLG:
2.02
GOOG:
1.32
FFLG:
7.50
GOOG:
3.23
FFLG:
3.87%
GOOG:
9.09%
FFLG:
20.29%
GOOG:
28.18%
FFLG:
-44.52%
GOOG:
-44.60%
FFLG:
-4.55%
GOOG:
-4.03%
Returns By Period
In the year-to-date period, FFLG achieves a 1.16% return, which is significantly lower than GOOG's 1.75% return.
FFLG
1.16%
-1.01%
12.32%
28.72%
N/A
N/A
GOOG
1.75%
-0.14%
13.51%
26.45%
21.77%
22.06%
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Risk-Adjusted Performance
FFLG vs. GOOG — Risk-Adjusted Performance Rank
FFLG
GOOG
FFLG vs. GOOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Growth ETF (FFLG) and Alphabet Inc. (GOOG). 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. GOOG - Dividend Comparison
FFLG's dividend yield for the trailing twelve months is around 0.09%, less than GOOG's 0.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
FFLG Fidelity Fundamental Large Cap Growth ETF | 0.09% | 0.09% | 0.00% | 1.50% | 0.55% |
GOOG Alphabet Inc. | 0.31% | 0.32% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFLG vs. GOOG - Drawdown Comparison
The maximum FFLG drawdown since its inception was -44.52%, roughly equal to the maximum GOOG drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for FFLG and GOOG. For additional features, visit the drawdowns tool.
Volatility
FFLG vs. GOOG - Volatility Comparison
Fidelity Fundamental Large Cap Growth ETF (FFLG) and Alphabet Inc. (GOOG) have volatilities of 6.99% and 7.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.