FIOOX vs. DFLVX
Compare and contrast key facts about Fidelity Series Large Cap Value Index Fund (FIOOX) and DFA U.S. Large Cap Value Portfolio (DFLVX).
FIOOX is managed by Fidelity. It was launched on Nov 7, 2013. DFLVX is managed by Dimensional Fund Advisors LP. It was launched on Feb 19, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIOOX or DFLVX.
Key characteristics
| FIOOX | DFLVX | |
|---|---|---|
| YTD Return | 19.92% | 20.02% |
| 1Y Return | 29.83% | 30.17% |
| 3Y Return (Ann) | 7.74% | 8.32% |
| 5Y Return (Ann) | 10.46% | 10.56% |
| 10Y Return (Ann) | 9.43% | 9.43% |
| Sharpe Ratio | 2.98 | 2.73 |
| Sortino Ratio | 4.18 | 3.89 |
| Omega Ratio | 1.54 | 1.50 |
| Calmar Ratio | 5.31 | 5.35 |
| Martin Ratio | 18.99 | 15.73 |
| Ulcer Index | 1.72% | 2.10% |
| Daily Std Dev | 11.00% | 12.09% |
| Max Drawdown | -38.31% | -65.65% |
| Current Drawdown | -0.68% | -0.60% |
Correlation
The correlation between FIOOX and DFLVX is 0.97, 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
FIOOX vs. DFLVX - Performance Comparison
The year-to-date returns for both investments are quite close, with FIOOX having a 19.92% return and DFLVX slightly higher at 20.02%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: FIOOX at 9.43% and DFLVX at 9.43%. 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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FIOOX vs. DFLVX - Expense Ratio Comparison
FIOOX has a 0.00% expense ratio, which is lower than DFLVX's 0.22% 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%.
Risk-Adjusted Performance
FIOOX vs. DFLVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Large Cap Value Index Fund (FIOOX) and DFA U.S. Large Cap Value Portfolio (DFLVX). 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
FIOOX vs. DFLVX - Dividend Comparison
FIOOX's dividend yield for the trailing twelve months is around 1.88%, more than DFLVX's 1.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIOOX Fidelity Series Large Cap Value Index Fund | 1.88% | 2.24% | 2.38% | 1.95% | 2.18% | 2.54% | 2.99% | 2.36% | 1.63% | 3.16% | 5.87% | 0.34% |
DFLVX DFA U.S. Large Cap Value Portfolio | 1.73% | 1.99% | 2.05% | 1.54% | 1.97% | 1.93% | 2.22% | 1.80% | 1.90% | 2.14% | 1.72% | 1.44% |
Drawdowns
FIOOX vs. DFLVX - Drawdown Comparison
The maximum FIOOX drawdown since its inception was -38.31%, smaller than the maximum DFLVX drawdown of -65.65%. Use the drawdown chart below to compare losses from any high point for FIOOX and DFLVX. For additional features, visit the drawdowns tool.
Volatility
FIOOX vs. DFLVX - Volatility Comparison
The current volatility for Fidelity Series Large Cap Value Index Fund (FIOOX) is 3.72%, while DFA U.S. Large Cap Value Portfolio (DFLVX) has a volatility of 4.69%. This indicates that FIOOX experiences smaller price fluctuations and is considered to be less risky than DFLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.