FKMCX vs. VO
Compare and contrast key facts about Fidelity Mid-Cap Stock Fund Class K (FKMCX) and Vanguard Mid-Cap ETF (VO).
FKMCX is managed by Fidelity. It was launched on May 9, 2008. VO is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Index. It was launched on Jan 26, 2004.
Performance
FKMCX vs. VO - Performance Comparison
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FKMCX vs. VO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FKMCX Fidelity Mid-Cap Stock Fund Class K | 1.48% | 11.87% | 14.65% | 11.11% | -6.30% | 28.72% | 11.56% | 25.50% | -10.21% | 18.03% |
VO Vanguard Mid-Cap ETF | -0.68% | 11.62% | 15.31% | 16.03% | -18.73% | 24.70% | 18.10% | 30.98% | -9.24% | 19.28% |
Returns By Period
In the year-to-date period, FKMCX achieves a 1.48% return, which is significantly higher than VO's -0.68% return. Over the past 10 years, FKMCX has outperformed VO with an annualized return of 11.29%, while VO has yielded a comparatively lower 10.67% annualized return.
FKMCX
- 1D
- -1.38%
- 1M
- -7.64%
- YTD
- 1.48%
- 6M
- 4.69%
- 1Y
- 20.51%
- 3Y*
- 12.61%
- 5Y*
- 8.71%
- 10Y*
- 11.29%
VO
- 1D
- 2.22%
- 1M
- -5.86%
- YTD
- -0.68%
- 6M
- -1.48%
- 1Y
- 12.73%
- 3Y*
- 12.61%
- 5Y*
- 6.66%
- 10Y*
- 10.67%
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FKMCX vs. VO - Expense Ratio Comparison
FKMCX has a 0.76% expense ratio, which is higher than VO's 0.04% expense ratio.
Return for Risk
FKMCX vs. VO — Risk / Return Rank
FKMCX
VO
FKMCX vs. VO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid-Cap Stock Fund Class K (FKMCX) and Vanguard Mid-Cap ETF (VO). 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.
| FKMCX | VO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.73 | +0.33 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.12 | +0.43 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.16 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.05 | +0.31 |
Martin ratioReturn relative to average drawdown | 6.14 | 4.84 | +1.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FKMCX | VO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.73 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.38 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.57 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.48 | -0.04 |
Correlation
The correlation between FKMCX and VO is 0.95, 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.
Dividends
FKMCX vs. VO - Dividend Comparison
FKMCX's dividend yield for the trailing twelve months is around 1.83%, more than VO's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKMCX Fidelity Mid-Cap Stock Fund Class K | 1.83% | 1.85% | 8.91% | 2.69% | 5.49% | 12.87% | 6.82% | 6.73% | 13.52% | 6.66% | 8.36% | 14.27% |
VO Vanguard Mid-Cap ETF | 1.51% | 1.52% | 1.49% | 1.52% | 1.60% | 1.12% | 1.45% | 1.48% | 1.82% | 1.35% | 1.45% | 1.47% |
Drawdowns
FKMCX vs. VO - Drawdown Comparison
The maximum FKMCX drawdown since its inception was -59.55%, roughly equal to the maximum VO drawdown of -58.87%. Use the drawdown chart below to compare losses from any high point for FKMCX and VO.
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Drawdown Indicators
| FKMCX | VO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.55% | -58.87% | -0.68% |
Max Drawdown (1Y)Largest decline over 1 year | -13.27% | -12.74% | -0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -22.31% | -27.57% | +5.26% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | -39.37% | -1.19% |
Current DrawdownCurrent decline from peak | -8.55% | -6.12% | -2.43% |
Average DrawdownAverage peak-to-trough decline | -7.61% | -7.91% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 2.76% | +0.17% |
Volatility
FKMCX vs. VO - Volatility Comparison
Fidelity Mid-Cap Stock Fund Class K (FKMCX) has a higher volatility of 6.50% compared to Vanguard Mid-Cap ETF (VO) at 4.89%. This indicates that FKMCX's price experiences larger fluctuations and is considered to be riskier than VO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FKMCX | VO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 4.89% | +1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | 9.72% | +2.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.92% | 17.57% | +2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.58% | 17.62% | -0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.52% | 18.94% | -0.42% |