FIOOX vs. SWLVX
Compare and contrast key facts about Fidelity Series Large Cap Value Index Fund (FIOOX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX).
FIOOX is managed by Fidelity. It was launched on Nov 7, 2013. SWLVX is managed by Charles Schwab. It was launched on Dec 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIOOX or SWLVX.
Key characteristics
| FIOOX | SWLVX | |
|---|---|---|
| YTD Return | 20.05% | 20.04% |
| 1Y Return | 34.24% | 34.13% |
| 3Y Return (Ann) | 7.78% | 7.72% |
| 5Y Return (Ann) | 10.55% | 10.47% |
| Sharpe Ratio | 3.01 | 2.88 |
| Sortino Ratio | 4.23 | 4.04 |
| Omega Ratio | 1.55 | 1.54 |
| Calmar Ratio | 3.63 | 3.58 |
| Martin Ratio | 19.25 | 19.00 |
| Ulcer Index | 1.72% | 1.74% |
| Daily Std Dev | 11.03% | 11.47% |
| Max Drawdown | -38.31% | -38.34% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FIOOX and SWLVX is 0.99, 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. SWLVX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FIOOX having a 20.05% return and SWLVX slightly lower at 20.04%. 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. SWLVX - Expense Ratio Comparison
FIOOX has a 0.00% expense ratio, which is lower than SWLVX's 0.04% 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. SWLVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Large Cap Value Index Fund (FIOOX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). 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. SWLVX - Dividend Comparison
FIOOX's dividend yield for the trailing twelve months is around 1.88%, less than SWLVX's 1.91% 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% |
SWLVX Schwab U.S. Large-Cap Value Index Fund | 1.91% | 2.29% | 2.16% | 1.73% | 2.00% | 2.42% | 1.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIOOX vs. SWLVX - Drawdown Comparison
The maximum FIOOX drawdown since its inception was -38.31%, roughly equal to the maximum SWLVX drawdown of -38.34%. Use the drawdown chart below to compare losses from any high point for FIOOX and SWLVX. For additional features, visit the drawdowns tool.
Volatility
FIOOX vs. SWLVX - Volatility Comparison
Fidelity Series Large Cap Value Index Fund (FIOOX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX) have volatilities of 3.81% and 3.79%, 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.