FIOOX vs. FVAL
Compare and contrast key facts about Fidelity Series Large Cap Value Index Fund (FIOOX) and Fidelity Value Factor ETF (FVAL).
FIOOX is managed by Fidelity. It was launched on Nov 7, 2013. FVAL is a passively managed fund by Fidelity that tracks the performance of the Fidelity U.S. Value Factor Index. It was launched on Sep 12, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIOOX or FVAL.
Correlation
The correlation between FIOOX and FVAL is 0.91, 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. FVAL - Performance Comparison
Key characteristics
FIOOX:
1.59
FVAL:
1.76
FIOOX:
2.25
FVAL:
2.38
FIOOX:
1.28
FVAL:
1.33
FIOOX:
2.03
FVAL:
2.67
FIOOX:
6.43
FVAL:
10.16
FIOOX:
2.77%
FVAL:
2.04%
FIOOX:
11.18%
FVAL:
11.78%
FIOOX:
-39.14%
FVAL:
-37.26%
FIOOX:
-5.28%
FVAL:
-2.74%
Returns By Period
In the year-to-date period, FIOOX achieves a 2.82% return, which is significantly higher than FVAL's 1.40% return.
FIOOX
2.82%
0.78%
5.15%
18.63%
6.90%
6.62%
FVAL
1.40%
-0.70%
6.59%
21.67%
11.93%
N/A
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FIOOX vs. FVAL - Expense Ratio Comparison
FIOOX has a 0.00% expense ratio, which is lower than FVAL's 0.29% expense ratio.
Risk-Adjusted Performance
FIOOX vs. FVAL — Risk-Adjusted Performance Rank
FIOOX
FVAL
FIOOX vs. FVAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Large Cap Value Index Fund (FIOOX) and Fidelity Value Factor ETF (FVAL). 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. FVAL - Dividend Comparison
FIOOX's dividend yield for the trailing twelve months is around 2.04%, more than FVAL's 1.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIOOX Fidelity Series Large Cap Value Index Fund | 2.04% | 2.10% | 2.24% | 2.38% | 1.95% | 2.18% | 2.54% | 2.99% | 2.36% | 1.63% | 3.16% | 5.87% |
FVAL Fidelity Value Factor ETF | 1.57% | 1.60% | 1.69% | 1.79% | 1.41% | 1.61% | 1.77% | 2.06% | 1.62% | 0.45% | 0.00% | 0.00% |
Drawdowns
FIOOX vs. FVAL - Drawdown Comparison
The maximum FIOOX drawdown since its inception was -39.14%, which is greater than FVAL's maximum drawdown of -37.26%. Use the drawdown chart below to compare losses from any high point for FIOOX and FVAL. For additional features, visit the drawdowns tool.
Volatility
FIOOX vs. FVAL - Volatility Comparison
Fidelity Series Large Cap Value Index Fund (FIOOX) and Fidelity Value Factor ETF (FVAL) have volatilities of 4.32% and 4.33%, 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.