FLCEX vs. SPYG
Compare and contrast key facts about Fidelity Large Cap Core Enhanced Index Fund (FLCEX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
FLCEX is managed by Fidelity. It was launched on Apr 19, 2007. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCEX or SPYG.
Key characteristics
| FLCEX | SPYG |
|---|
Correlation
The correlation between FLCEX and SPYG is 0.91, 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
FLCEX vs. SPYG - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLCEX vs. SPYG - Expense Ratio Comparison
FLCEX has a 0.39% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
FLCEX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Core Enhanced Index Fund (FLCEX) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
FLCEX vs. SPYG - Dividend Comparison
FLCEX has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.68%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCEX Fidelity Large Cap Core Enhanced Index Fund | 0.40% | 1.21% | 1.25% | 14.25% | 2.29% | 2.38% | 7.67% | 3.82% | 1.57% | 2.82% | 7.44% | 20.13% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.68% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
FLCEX vs. SPYG - Drawdown Comparison
Volatility
FLCEX vs. SPYG - Volatility Comparison
The current volatility for Fidelity Large Cap Core Enhanced Index Fund (FLCEX) is 0.00%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 4.57%. This indicates that FLCEX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.