FGLGX vs. LRGC

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Series Large Cap Stock Fund (FGLGX) and AB US Large Cap Strategic Equities ETF (LRGC).

FGLGX is managed by Fidelity. It was launched on Dec 6, 2012. LRGC is an actively managed fund by AllianceBernstein. It was launched on Sep 19, 2023.

Performance

FGLGX vs. LRGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Large Cap Stock Fund (FGLGX) and AB US Large Cap Strategic Equities ETF (LRGC). The values are adjusted to include any dividend payments, if applicable.

FGLGX vs. LRGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FGLGX Fidelity Series Large Cap Stock Fund	-4.68%	28.57%	27.45%	7.91%
LRGC AB US Large Cap Strategic Equities ETF	-5.45%	16.23%	24.92%	9.30%

Returns By Period

In the year-to-date period, FGLGX achieves a -4.68% return, which is significantly higher than LRGC's -5.45% return.

FGLGX

• 1D: -0.59%
• 1M: -7.96%
• YTD: -4.68%
• 6M: 0.33%
• 1Y: 25.34%
• 3Y*: 22.22%
• 5Y*: 15.33%
• 10Y*: 15.16%

LRGC

• 1D: 2.88%
• 1M: -4.95%
• YTD: -5.45%
• 6M: -3.88%
• 1Y: 15.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FGLGX vs. LRGC - Expense Ratio Comparison

FGLGX has a 0.00% expense ratio, which is lower than LRGC's 0.48% expense ratio.

LRGC

AB US Large Cap Strategic Equities ETF

FGLGX

Fidelity Series Large Cap Stock Fund

Return for Risk

FGLGX vs. LRGC — Risk / Return Rank

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

FGLGX

FGLGX Risk / Return Rank: 81
FGLGX Sharpe Ratio Rank: 79
FGLGX Sortino Ratio Rank: 80
FGLGX Omega Ratio Rank: 82
FGLGX Calmar Ratio Rank: 81
FGLGX Martin Ratio Rank: 85

LRGC

LRGC Risk / Return Rank: 51
LRGC Sharpe Ratio Rank: 46
LRGC Sortino Ratio Rank: 49
LRGC Omega Ratio Rank: 51
LRGC Calmar Ratio Rank: 52
LRGC Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FGLGX vs. LRGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Large Cap Stock Fund (FGLGX) and AB US Large Cap Strategic Equities ETF (LRGC). 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.

	FGLGX	LRGC	Difference
Sharpe ratio Return per unit of total volatility	1.42	0.85	+0.57
Sortino ratio Return per unit of downside risk	2.00	1.34	+0.67
Omega ratio Gain probability vs. loss probability	1.32	1.20	+0.12
Calmar ratio Return relative to maximum drawdown	1.91	1.36	+0.55
Martin ratio Return relative to average drawdown	8.85	5.56	+3.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGLGX vs. LRGC - Sharpe Ratio Comparison

The current FGLGX Sharpe Ratio is 1.42, which is higher than the LRGC Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of FGLGX and LRGC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FGLGX	LRGC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	0.85	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.14	-0.32

Correlation

The correlation between FGLGX and LRGC is 0.91, 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.

Dividends

FGLGX vs. LRGC - Dividend Comparison

FGLGX's dividend yield for the trailing twelve months is around 10.32%, more than LRGC's 0.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGLGX Fidelity Series Large Cap Stock Fund	10.32%	9.84%	7.99%	5.29%	6.55%	9.22%	5.36%	7.25%	12.29%	4.61%	1.69%	5.94%
LRGC AB US Large Cap Strategic Equities ETF	0.61%	0.58%	0.46%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FGLGX vs. LRGC - Drawdown Comparison

The maximum FGLGX drawdown since its inception was -36.42%, which is greater than LRGC's maximum drawdown of -19.38%. Use the drawdown chart below to compare losses from any high point for FGLGX and LRGC.

Drawdown Indicators

	FGLGX	LRGC	Difference
Max Drawdown Largest peak-to-trough decline	-36.42%	-19.38%	-17.04%
Max Drawdown (1Y) Largest decline over 1 year	-12.19%	-11.76%	-0.43%
Max Drawdown (5Y) Largest decline over 5 years	-21.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.42%	—	—
Current Drawdown Current decline from peak	-9.43%	-7.41%	-2.02%
Average Drawdown Average peak-to-trough decline	-3.82%	-2.22%	-1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	2.88%	-0.25%

Volatility

FGLGX vs. LRGC - Volatility Comparison

The current volatility for Fidelity Series Large Cap Stock Fund (FGLGX) is 4.44%, while AB US Large Cap Strategic Equities ETF (LRGC) has a volatility of 5.35%. This indicates that FGLGX experiences smaller price fluctuations and is considered to be less risky than LRGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGLGX	LRGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.44%	5.35%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	9.46%	9.35%	+0.11%
Volatility (1Y) Calculated over the trailing 1-year period	18.22%	18.06%	+0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.86%	15.42%	+1.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.35%	15.42%	+2.93%