FIFNX vs. FELG
Compare and contrast key facts about Fidelity Founders Fund (FIFNX) and Fidelity Enhanced Large Cap Growth ETF (FELG).
FIFNX is managed by Fidelity. It was launched on Feb 14, 2019. FELG is an actively managed fund by Fidelity. It was launched on Nov 20, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIFNX or FELG.
Correlation
The correlation between FIFNX and FELG is 0.88, 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.
Performance
FIFNX vs. FELG - Performance Comparison
Key characteristics
FIFNX:
1.80
FELG:
2.22
FIFNX:
2.40
FELG:
2.86
FIFNX:
1.32
FELG:
1.41
FIFNX:
2.41
FELG:
2.90
FIFNX:
11.22
FELG:
11.36
FIFNX:
2.79%
FELG:
3.40%
FIFNX:
17.49%
FELG:
17.44%
FIFNX:
-34.82%
FELG:
-13.29%
FIFNX:
-6.13%
FELG:
-1.47%
Returns By Period
In the year-to-date period, FIFNX achieves a 30.90% return, which is significantly lower than FELG's 38.82% return.
FIFNX
30.90%
-2.69%
11.53%
31.19%
15.82%
N/A
FELG
38.82%
5.06%
14.17%
38.65%
N/A
N/A
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FIFNX vs. FELG - Expense Ratio Comparison
FIFNX has a 0.90% expense ratio, which is higher than FELG's 0.18% expense ratio.
Risk-Adjusted Performance
FIFNX vs. FELG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Founders Fund (FIFNX) and Fidelity Enhanced Large Cap Growth ETF (FELG). 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.
Dividends
FIFNX vs. FELG - Dividend Comparison
FIFNX has not paid dividends to shareholders, while FELG's dividend yield for the trailing twelve months is around 0.51%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
FIFNX Fidelity Founders Fund | 0.00% | 0.11% | 0.67% | 0.23% | 0.00% | 0.09% |
FELG Fidelity Enhanced Large Cap Growth ETF | 0.51% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIFNX vs. FELG - Drawdown Comparison
The maximum FIFNX drawdown since its inception was -34.82%, which is greater than FELG's maximum drawdown of -13.29%. Use the drawdown chart below to compare losses from any high point for FIFNX and FELG. For additional features, visit the drawdowns tool.
Volatility
FIFNX vs. FELG - Volatility Comparison
Fidelity Founders Fund (FIFNX) has a higher volatility of 5.38% compared to Fidelity Enhanced Large Cap Growth ETF (FELG) at 5.05%. This indicates that FIFNX's price experiences larger fluctuations and is considered to be riskier than FELG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.