FITLX vs. FHOFX
Compare and contrast key facts about Fidelity US Sustainability Index Fund (FITLX) and Fidelity Series Large Cap Growth Index Fund (FHOFX).
FITLX is managed by Fidelity. It was launched on May 9, 2017. FHOFX is managed by Fidelity. It was launched on Aug 17, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FITLX or FHOFX.
Performance
FITLX vs. FHOFX - Performance Comparison
Returns By Period
In the year-to-date period, FITLX achieves a 25.51% return, which is significantly lower than FHOFX's 30.34% return.
FITLX
25.51%
1.76%
11.73%
32.13%
16.03%
N/A
FHOFX
30.34%
2.26%
14.45%
36.51%
19.58%
N/A
Key characteristics
| FITLX | FHOFX | |
|---|---|---|
| Sharpe Ratio | 2.37 | 2.15 |
| Sortino Ratio | 3.17 | 2.81 |
| Omega Ratio | 1.44 | 1.39 |
| Calmar Ratio | 3.36 | 2.75 |
| Martin Ratio | 14.21 | 10.77 |
| Ulcer Index | 2.25% | 3.36% |
| Daily Std Dev | 13.50% | 16.82% |
| Max Drawdown | -34.35% | -32.62% |
| Current Drawdown | -1.62% | -1.46% |
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FITLX vs. FHOFX - Expense Ratio Comparison
FITLX has a 0.11% expense ratio, which is higher than FHOFX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between FITLX and FHOFX 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.
Risk-Adjusted Performance
FITLX vs. FHOFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity US Sustainability Index Fund (FITLX) and Fidelity Series Large Cap Growth Index Fund (FHOFX). 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
FITLX vs. FHOFX - Dividend Comparison
FITLX's dividend yield for the trailing twelve months is around 0.90%, more than FHOFX's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FITLX Fidelity US Sustainability Index Fund | 0.90% | 1.12% | 1.49% | 0.81% | 1.01% | 1.27% | 1.37% | 0.71% |
FHOFX Fidelity Series Large Cap Growth Index Fund | 0.62% | 0.83% | 0.99% | 0.64% | 0.83% | 0.87% | 0.56% | 0.00% |
Drawdowns
FITLX vs. FHOFX - Drawdown Comparison
The maximum FITLX drawdown since its inception was -34.35%, which is greater than FHOFX's maximum drawdown of -32.62%. Use the drawdown chart below to compare losses from any high point for FITLX and FHOFX. For additional features, visit the drawdowns tool.
Volatility
FITLX vs. FHOFX - Volatility Comparison
The current volatility for Fidelity US Sustainability Index Fund (FITLX) is 4.50%, while Fidelity Series Large Cap Growth Index Fund (FHOFX) has a volatility of 5.58%. This indicates that FITLX experiences smaller price fluctuations and is considered to be less risky than FHOFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.