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FFLV vs. FFLC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFLV and FFLC 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

FFLV vs. FFLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Fundamental Large Cap Value ETF (FFLV) and Fidelity Fundamental Large Cap Core ETF (FFLC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFLV:

0.18

FFLC:

0.35

Sortino Ratio

FFLV:

0.49

FFLC:

0.67

Omega Ratio

FFLV:

1.07

FFLC:

1.10

Calmar Ratio

FFLV:

0.27

FFLC:

0.39

Martin Ratio

FFLV:

0.86

FFLC:

1.41

Ulcer Index

FFLV:

5.31%

FFLC:

5.40%

Daily Std Dev

FFLV:

17.18%

FFLC:

19.84%

Max Drawdown

FFLV:

-16.71%

FFLC:

-19.72%

Current Drawdown

FFLV:

-8.62%

FFLC:

-8.23%

Returns By Period

In the year-to-date period, FFLV achieves a -0.85% return, which is significantly higher than FFLC's -3.27% return.


FFLV

YTD

-0.85%

1M

2.71%

6M

-6.40%

1Y

3.07%

5Y*

N/A

10Y*

N/A

FFLC

YTD

-3.27%

1M

4.73%

6M

-6.49%

1Y

6.91%

5Y*

N/A

10Y*

N/A

*Annualized

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FFLV vs. FFLC - Expense Ratio Comparison

Both FFLV and FFLC have an expense ratio of 0.38%.


Risk-Adjusted Performance

FFLV vs. FFLC — Risk-Adjusted Performance Rank

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

FFLV
The Risk-Adjusted Performance Rank of FFLV is 3737
Overall Rank
The Sharpe Ratio Rank of FFLV is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of FFLV is 3737
Sortino Ratio Rank
The Omega Ratio Rank of FFLV is 3636
Omega Ratio Rank
The Calmar Ratio Rank of FFLV is 4343
Calmar Ratio Rank
The Martin Ratio Rank of FFLV is 3838
Martin Ratio Rank

FFLC
The Risk-Adjusted Performance Rank of FFLC is 4949
Overall Rank
The Sharpe Ratio Rank of FFLC is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of FFLC is 4747
Sortino Ratio Rank
The Omega Ratio Rank of FFLC is 4949
Omega Ratio Rank
The Calmar Ratio Rank of FFLC is 5252
Calmar Ratio Rank
The Martin Ratio Rank of FFLC is 5050
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.

FFLV vs. FFLC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Value ETF (FFLV) and Fidelity Fundamental Large Cap Core ETF (FFLC). 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 FFLV Sharpe Ratio is 0.18, which is lower than the FFLC Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of FFLV and FFLC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FFLV vs. FFLC - Dividend Comparison

FFLV's dividend yield for the trailing twelve months is around 1.77%, more than FFLC's 0.98% yield.


TTM20242023202220212020
FFLV
Fidelity Fundamental Large Cap Value ETF
1.77%1.46%0.00%0.00%0.00%0.00%
FFLC
Fidelity Fundamental Large Cap Core ETF
0.98%0.82%0.57%1.67%1.68%0.89%

Drawdowns

FFLV vs. FFLC - Drawdown Comparison

The maximum FFLV drawdown since its inception was -16.71%, smaller than the maximum FFLC drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for FFLV and FFLC. For additional features, visit the drawdowns tool.


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Volatility

FFLV vs. FFLC - Volatility Comparison


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