FITLX vs. FXAIX
Compare and contrast key facts about Fidelity US Sustainability Index Fund (FITLX) and Fidelity 500 Index Fund (FXAIX).
FITLX is managed by Fidelity. It was launched on May 9, 2017. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FITLX or FXAIX.
Performance
FITLX vs. FXAIX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with FITLX having a 25.51% return and FXAIX slightly higher at 25.57%.
FITLX
25.51%
1.76%
11.73%
32.13%
16.03%
N/A
FXAIX
25.57%
1.18%
12.23%
32.20%
15.59%
13.04%
Key characteristics
| FITLX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 2.37 | 2.61 |
| Sortino Ratio | 3.17 | 3.49 |
| Omega Ratio | 1.44 | 1.49 |
| Calmar Ratio | 3.36 | 3.78 |
| Martin Ratio | 14.21 | 17.01 |
| Ulcer Index | 2.25% | 1.88% |
| Daily Std Dev | 13.50% | 12.24% |
| Max Drawdown | -34.35% | -33.79% |
| Current Drawdown | -1.62% | -1.35% |
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FITLX vs. FXAIX - Expense Ratio Comparison
FITLX has a 0.11% expense ratio, which is higher than FXAIX's 0.02% 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 FXAIX is 0.98, 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. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity US Sustainability Index Fund (FITLX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
FITLX's dividend yield for the trailing twelve months is around 0.90%, less than FXAIX's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FITLX Fidelity US Sustainability Index Fund | 0.90% | 1.12% | 1.49% | 0.81% | 1.01% | 1.27% | 1.37% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.23% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
FITLX vs. FXAIX - Drawdown Comparison
The maximum FITLX drawdown since its inception was -34.35%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FITLX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FITLX vs. FXAIX - Volatility Comparison
Fidelity US Sustainability Index Fund (FITLX) has a higher volatility of 4.50% compared to Fidelity 500 Index Fund (FXAIX) at 4.06%. This indicates that FITLX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.