FHOFX vs. VTHR

Last updated Jun 13, 2026

FHOFX (Fidelity Series Large Cap Growth Index Fund) and VTHR (Vanguard Russell 3000 ETF) are both funds - FHOFX is a Large Cap Growth Equities fund managed by Fidelity, while VTHR is a Large Cap Blend Equities fund tracking the Russell 3000 Index. Over the past 5 years, FHOFX returned 14.13%/yr vs 12.17%/yr for VTHR. Their correlation of 0.92 suggests significant overlap in exposure. FHOFX charges 0.00%/yr vs 0.07%/yr for VTHR.

Performance

FHOFX vs. VTHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Large Cap Growth Index Fund (FHOFX) and Vanguard Russell 3000 ETF (VTHR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHOFX achieves a 3.02% return, which is significantly lower than VTHR's 9.46% return.

FHOFX

• 1D: 1.65%
• 1M: -2.13%
• YTD: 3.02%
• 6M: 3.50%
• 1Y: 19.13%
• 3Y*: 22.85%
• 5Y*: 14.13%
• 10Y*: —

VTHR

• 1D: 0.61%
• 1M: 0.45%
• YTD: 9.46%
• 6M: 9.47%
• 1Y: 24.30%
• 3Y*: 20.45%
• 5Y*: 12.17%
• 10Y*: 14.94%

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

FHOFX vs. VTHR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FHOFX Fidelity Series Large Cap Growth Index Fund	3.02%	18.55%	33.37%	42.77%	-29.13%	27.68%	38.39%	36.38%	-15.37%
VTHR Vanguard Russell 3000 ETF	9.46%	16.99%	23.57%	25.92%	-19.20%	25.49%	20.93%	30.82%	-14.02%

Correlation

The correlation between FHOFX and VTHR is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Sep 4, 2018	0.92

The correlation between FHOFX and VTHR has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

Return for Risk

FHOFX vs. VTHR — Risk / Return Rank

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

FHOFX

FHOFX Risk / Return Rank: 24
FHOFX Sharpe Ratio Rank: 29
FHOFX Sortino Ratio Rank: 26
FHOFX Omega Ratio Rank: 27
FHOFX Calmar Ratio Rank: 19
FHOFX Martin Ratio Rank: 19

VTHR

VTHR Risk / Return Rank: 68
VTHR Sharpe Ratio Rank: 68
VTHR Sortino Ratio Rank: 66
VTHR Omega Ratio Rank: 67
VTHR Calmar Ratio Rank: 63
VTHR Martin Ratio Rank: 75

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.

FHOFX vs. VTHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Large Cap Growth Index Fund (FHOFX) and Vanguard Russell 3000 ETF (VTHR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FHOFX	VTHR	Difference
Sharpe ratio: Return per unit of total volatility	1.23	1.92	-0.69
Sortino ratio: Return per unit of downside risk	1.72	2.64	-0.92
Omega ratio: Gain probability vs. loss probability	1.22	1.34	-0.12
Calmar ratio: Return relative to maximum drawdown	1.22	2.74	-1.52
Martin ratio: Return relative to average drawdown	4.05	12.28	-8.22

FHOFX vs. VTHR - Sharpe Ratio Comparison

The current FHOFX Sharpe Ratio is 1.23, which is lower than the VTHR Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of FHOFX and VTHR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FHOFX vs. VTHR - Drawdown Comparison

The maximum FHOFX drawdown since its inception was -32.62%, smaller than the maximum VTHR drawdown of -34.61%. Use the drawdown chart below to compare losses from any high point for FHOFX and VTHR.

Drawdown Indicators

	FHOFX	VTHR	Difference
Max Drawdown Largest peak-to-trough decline	-32.62%	-34.61%	+1.99%
Max Drawdown (1Y) Largest decline over 1 year	-16.13%	-8.91%	-7.22%
Max Drawdown (3Y) Largest decline over 3 years	-23.31%	-19.36%	-3.95%
Max Drawdown (5Y) Largest decline over 5 years	-32.62%	-25.06%	-7.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.61%	—
Current Drawdown Current decline from peak	-5.51%	-2.02%	-3.49%
Average Drawdown Average peak-to-trough decline	-7.45%	-4.04%	-3.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.85%	1.99%	+2.86%

Volatility

FHOFX vs. VTHR - Volatility Comparison

Fidelity Series Large Cap Growth Index Fund (FHOFX) has a higher volatility of 5.50% compared to Vanguard Russell 3000 ETF (VTHR) at 4.33%. This indicates that FHOFX's price experiences larger fluctuations and is considered to be riskier than VTHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHOFX	VTHR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.50%	4.33%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	12.43%	9.87%	+2.56%
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	12.70%	+3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.61%	17.36%	+4.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.15%	17.86%	+5.29%

FHOFX vs. VTHR - Expense Ratio Comparison

FHOFX has a 0.00% expense ratio, which is lower than VTHR's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FHOFX vs. VTHR - Dividend Comparison

FHOFX's dividend yield for the trailing twelve months is around 0.94%, less than VTHR's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHOFX Fidelity Series Large Cap Growth Index Fund	0.94%	0.97%	0.55%	0.83%	1.41%	3.02%	2.91%	1.30%	0.56%	0.00%	0.00%	0.00%
VTHR Vanguard Russell 3000 ETF	1.02%	1.08%	1.19%	1.47%	1.52%	1.16%	1.37%	1.65%	1.89%	1.63%	1.82%	1.84%

Frequently Asked Questions

Can I hold both FHOFX and VTHR in my portfolio?

With a correlation of 0.91, FHOFX and VTHR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FHOFX or VTHR?

FHOFX has higher volatility (5.50%) compared to VTHR (4.33%). In terms of maximum drawdown, FHOFX dropped -32.62% vs VTHR's -34.61%.

Which has better risk-adjusted returns?

VTHR currently has the higher Sharpe Ratio (1.92 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.