FKMCX vs. FXAIX
Compare and contrast key facts about Fidelity Mid-Cap Stock Fund Class K (FKMCX) and Fidelity 500 Index Fund (FXAIX).
FKMCX is managed by Fidelity. It was launched on May 9, 2008. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKMCX or FXAIX.
Correlation
The correlation between FKMCX and FXAIX is 0.86, 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
FKMCX vs. FXAIX - Performance Comparison
Key characteristics
FKMCX:
-0.26
FXAIX:
0.53
FKMCX:
-0.22
FXAIX:
0.87
FKMCX:
0.97
FXAIX:
1.13
FKMCX:
-0.22
FXAIX:
0.55
FKMCX:
-0.68
FXAIX:
2.29
FKMCX:
8.14%
FXAIX:
4.55%
FKMCX:
21.33%
FXAIX:
19.55%
FKMCX:
-59.55%
FXAIX:
-33.79%
FKMCX:
-16.33%
FXAIX:
-9.89%
Returns By Period
In the year-to-date period, FKMCX achieves a -7.20% return, which is significantly lower than FXAIX's -5.72% return. Over the past 10 years, FKMCX has underperformed FXAIX with an annualized return of 1.59%, while FXAIX has yielded a comparatively higher 12.07% annualized return.
FKMCX
-7.20%
-1.25%
-8.97%
-5.56%
7.60%
1.59%
FXAIX
-5.72%
-0.95%
-4.27%
9.76%
15.87%
12.07%
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FKMCX vs. FXAIX - Expense Ratio Comparison
FKMCX has a 0.76% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FKMCX vs. FXAIX — Risk-Adjusted Performance Rank
FKMCX
FXAIX
FKMCX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid-Cap Stock Fund Class K (FKMCX) 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
FKMCX vs. FXAIX - Dividend Comparison
FKMCX's dividend yield for the trailing twelve months is around 0.78%, less than FXAIX's 1.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKMCX Fidelity Mid-Cap Stock Fund Class K | 0.78% | 0.73% | 1.01% | 0.78% | 1.20% | 1.23% | 1.08% | 1.07% | 0.68% | 0.88% | 10.02% | 0.33% |
FXAIX Fidelity 500 Index Fund | 1.35% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FKMCX vs. FXAIX - Drawdown Comparison
The maximum FKMCX drawdown since its inception was -59.55%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FKMCX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FKMCX vs. FXAIX - Volatility Comparison
Fidelity Mid-Cap Stock Fund Class K (FKMCX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 13.72% and 14.39%, 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.