FFLV vs. FFLG
Compare and contrast key facts about Fidelity Fundamental Large Cap Value ETF (FFLV) and Fidelity Fundamental Large Cap Growth ETF (FFLG).
FFLV and FFLG 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. 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: FFLV or FFLG.
Key characteristics
| FFLV | FFLG | |
|---|---|---|
| Daily Std Dev | 13.56% | 19.11% |
| Max Drawdown | -5.99% | -44.52% |
| Current Drawdown | 0.00% | -0.20% |
Correlation
The correlation between FFLV and FFLG is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FFLV vs. FFLG - 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. FFLG - Expense Ratio Comparison
Both FFLV and FFLG have an expense ratio of 0.38%.
Risk-Adjusted Performance
FFLV vs. FFLG - 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 Growth ETF (FFLG). 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. FFLG - Dividend Comparison
FFLV's dividend yield for the trailing twelve months is around 0.93%, more than FFLG's 0.03% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
FFLV Fidelity Fundamental Large Cap Value ETF | 0.93% | 0.00% | 0.00% | 0.00% |
FFLG Fidelity Fundamental Large Cap Growth ETF | 0.03% | 0.00% | 1.50% | 0.55% |
Drawdowns
FFLV vs. FFLG - Drawdown Comparison
The maximum FFLV drawdown since its inception was -5.99%, smaller than the maximum FFLG drawdown of -44.52%. Use the drawdown chart below to compare losses from any high point for FFLV and FFLG. For additional features, visit the drawdowns tool.
Volatility
FFLV vs. FFLG - Volatility Comparison
The current volatility for Fidelity Fundamental Large Cap Value ETF (FFLV) is 4.30%, while Fidelity Fundamental Large Cap Growth ETF (FFLG) has a volatility of 5.48%. This indicates that FFLV experiences smaller price fluctuations and is considered to be less risky than FFLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.