FIMVX vs. FLPSX
Compare and contrast key facts about Fidelity Mid Cap Value Index Fund (FIMVX) and Fidelity Low-Priced Stock Fund (FLPSX).
FIMVX is managed by Fidelity. It was launched on Jul 11, 2019. FLPSX is managed by T. Rowe Price. It was launched on Dec 27, 1989.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIMVX or FLPSX.
Key characteristics
| FIMVX | FLPSX | |
|---|---|---|
| YTD Return | 17.56% | 11.09% |
| 1Y Return | 29.20% | 20.15% |
| 3Y Return (Ann) | 5.28% | 6.17% |
| 5Y Return (Ann) | 10.11% | 11.39% |
| Sharpe Ratio | 2.28 | 1.62 |
| Sortino Ratio | 3.15 | 2.27 |
| Omega Ratio | 1.39 | 1.29 |
| Calmar Ratio | 2.63 | 2.70 |
| Martin Ratio | 13.20 | 9.32 |
| Ulcer Index | 2.26% | 2.18% |
| Daily Std Dev | 13.07% | 12.57% |
| Max Drawdown | -43.61% | -52.95% |
| Current Drawdown | -1.76% | -2.44% |
Correlation
The correlation between FIMVX and FLPSX is 0.94, 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
FIMVX vs. FLPSX - Performance Comparison
In the year-to-date period, FIMVX achieves a 17.56% return, which is significantly higher than FLPSX's 11.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIMVX vs. FLPSX - Expense Ratio Comparison
FIMVX has a 0.05% expense ratio, which is lower than FLPSX's 0.82% expense ratio.
Risk-Adjusted Performance
FIMVX vs. FLPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value Index Fund (FIMVX) and Fidelity Low-Priced Stock Fund (FLPSX). 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
FIMVX vs. FLPSX - Dividend Comparison
FIMVX's dividend yield for the trailing twelve months is around 1.73%, less than FLPSX's 2.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMVX Fidelity Mid Cap Value Index Fund | 1.73% | 1.89% | 2.00% | 1.45% | 1.23% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLPSX Fidelity Low-Priced Stock Fund | 2.14% | 2.02% | 1.20% | 1.54% | 1.77% | 1.77% | 1.94% | 1.45% | 1.20% | 5.15% | 6.91% | 7.46% |
Drawdowns
FIMVX vs. FLPSX - Drawdown Comparison
The maximum FIMVX drawdown since its inception was -43.61%, smaller than the maximum FLPSX drawdown of -52.95%. Use the drawdown chart below to compare losses from any high point for FIMVX and FLPSX. For additional features, visit the drawdowns tool.
Volatility
FIMVX vs. FLPSX - Volatility Comparison
The current volatility for Fidelity Mid Cap Value Index Fund (FIMVX) is 3.90%, while Fidelity Low-Priced Stock Fund (FLPSX) has a volatility of 4.17%. This indicates that FIMVX experiences smaller price fluctuations and is considered to be less risky than FLPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.