Correlation
The correlation between FKICX and SPY is 0.83, 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.
FKICX vs. SPY
Compare and contrast key facts about Fidelity Small Cap Stock K6 Fund (FKICX) and SPDR S&P 500 ETF (SPY).
FKICX is managed by Fidelity. It was launched on May 25, 2017. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKICX or SPY.
Performance
FKICX vs. SPY - Performance Comparison
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Key characteristics
FKICX:
0.27
SPY:
0.70
FKICX:
0.47
SPY:
1.02
FKICX:
1.06
SPY:
1.15
FKICX:
0.21
SPY:
0.68
FKICX:
0.62
SPY:
2.57
FKICX:
7.79%
SPY:
4.93%
FKICX:
22.60%
SPY:
20.42%
FKICX:
-45.31%
SPY:
-55.19%
FKICX:
-8.75%
SPY:
-3.55%
Returns By Period
In the year-to-date period, FKICX achieves a -0.16% return, which is significantly lower than SPY's 0.87% return.
FKICX
-0.16%
5.32%
-8.33%
5.43%
7.12%
10.80%
N/A
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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FKICX vs. SPY - Expense Ratio Comparison
FKICX has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FKICX vs. SPY — Risk-Adjusted Performance Rank
FKICX
SPY
FKICX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Stock K6 Fund (FKICX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
FKICX vs. SPY - Dividend Comparison
FKICX's dividend yield for the trailing twelve months is around 106.87%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKICX Fidelity Small Cap Stock K6 Fund | 106.87% | 106.70% | 0.16% | 9.77% | 24.10% | 0.27% | 0.81% | 5.50% | 0.56% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FKICX vs. SPY - Drawdown Comparison
The maximum FKICX drawdown since its inception was -45.31%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FKICX and SPY.
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Volatility
FKICX vs. SPY - Volatility Comparison
Fidelity Small Cap Stock K6 Fund (FKICX) has a higher volatility of 5.96% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that FKICX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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