FFLV vs. FFLC
Compare and contrast key facts about Fidelity Fundamental Large Cap Value ETF (FFLV) and Fidelity Fundamental Large Cap Core ETF (FFLC).
FFLV and FFLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFLV is an actively managed fund by Fidelity. It was launched on Feb 22, 2024. FFLC is an actively managed fund by Fidelity. It was launched on Jun 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFLV or FFLC.
Key characteristics
| FFLV | FFLC | |
|---|---|---|
| Daily Std Dev | 13.55% | 13.23% |
| Max Drawdown | -5.99% | -15.86% |
| Current Drawdown | -1.17% | -0.88% |
Correlation
The correlation between FFLV and FFLC is 0.61, 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 displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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.
Not enough dataDividends
FFLV vs. FFLC - Dividend Comparison
FFLV's dividend yield for the trailing twelve months is around 0.94%, more than FFLC's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
FFLV Fidelity Fundamental Large Cap Value ETF | 0.94% | 0.00% | 0.00% | 0.00% | 0.00% |
FFLC Fidelity Fundamental Large Cap Core ETF | 0.68% | 0.57% | 1.67% | 1.68% | 0.89% |
Drawdowns
FFLV vs. FFLC - Drawdown Comparison
The maximum FFLV drawdown since its inception was -5.99%, smaller than the maximum FFLC drawdown of -15.86%. Use the drawdown chart below to compare losses from any high point for FFLV and FFLC. For additional features, visit the drawdowns tool.
Volatility
FFLV vs. FFLC - Volatility Comparison
Fidelity Fundamental Large Cap Value ETF (FFLV) has a higher volatility of 4.30% compared to Fidelity Fundamental Large Cap Core ETF (FFLC) at 3.96%. This indicates that FFLV's price experiences larger fluctuations and is considered to be riskier than FFLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.