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.
Key characteristics
| FIFNX | FELG | |
|---|---|---|
| YTD Return | 33.86% | 33.93% |
| Daily Std Dev | 17.02% | 16.90% |
| Max Drawdown | -34.82% | -13.29% |
| Current Drawdown | -0.45% | -0.23% |
Correlation
The correlation between FIFNX and FELG is 0.90, 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
The year-to-date returns for both investments are quite close, with FIFNX having a 33.86% return and FELG slightly higher at 33.93%. 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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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.
Not enough dataDividends
FIFNX vs. FELG - Dividend Comparison
FIFNX's dividend yield for the trailing twelve months is around 0.08%, less than FELG's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
FIFNX Fidelity Founders Fund | 0.08% | 0.11% | 0.67% | 0.23% | 0.00% | 0.09% |
FELG Fidelity Enhanced Large Cap Growth ETF | 0.39% | 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) and Fidelity Enhanced Large Cap Growth ETF (FELG) have volatilities of 4.85% and 5.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.