FLCOX vs. SFLNX
Compare and contrast key facts about Fidelity Large Cap Value Index Fund (FLCOX) and Schwab Fundamental US Large Company Index Fund (SFLNX).
FLCOX is a passively managed fund by Fidelity that tracks the performance of the Russell 1000 Value Index. It was launched on Jun 7, 2016. SFLNX is a passively managed fund by Charles Schwab that tracks the performance of the Russell RAFI US Large Company Index. It was launched on Apr 2, 2007. Both FLCOX and SFLNX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCOX or SFLNX.
Key characteristics
| FLCOX | SFLNX | |
|---|---|---|
| YTD Return | 14.63% | 15.00% |
| 1Y Return | 21.21% | 23.71% |
| 3Y Return (Ann) | 7.89% | 10.95% |
| 5Y Return (Ann) | 10.21% | 14.52% |
| Sharpe Ratio | 1.84 | 2.06 |
| Daily Std Dev | 11.52% | 11.55% |
| Max Drawdown | -38.28% | -60.01% |
| Current Drawdown | -0.38% | -0.46% |
Correlation
The correlation between FLCOX and SFLNX is 0.97, 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
FLCOX vs. SFLNX - Performance Comparison
The year-to-date returns for both investments are quite close, with FLCOX having a 14.63% return and SFLNX slightly higher at 15.00%. 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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FLCOX vs. SFLNX - Expense Ratio Comparison
FLCOX has a 0.04% expense ratio, which is lower than SFLNX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLCOX vs. SFLNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Value Index Fund (FLCOX) and Schwab Fundamental US Large Company Index Fund (SFLNX). 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
FLCOX vs. SFLNX - Dividend Comparison
FLCOX's dividend yield for the trailing twelve months is around 1.57%, less than SFLNX's 1.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCOX Fidelity Large Cap Value Index Fund | 1.57% | 1.99% | 2.01% | 1.55% | 2.28% | 3.82% | 2.90% | 2.34% | 0.52% | 0.00% | 0.00% | 0.00% |
SFLNX Schwab Fundamental US Large Company Index Fund | 1.62% | 1.86% | 2.09% | 4.78% | 6.17% | 5.33% | 9.69% | 3.28% | 7.23% | 5.68% | 4.28% | 1.51% |
Drawdowns
FLCOX vs. SFLNX - Drawdown Comparison
The maximum FLCOX drawdown since its inception was -38.28%, smaller than the maximum SFLNX drawdown of -60.01%. Use the drawdown chart below to compare losses from any high point for FLCOX and SFLNX. For additional features, visit the drawdowns tool.
Volatility
FLCOX vs. SFLNX - Volatility Comparison
The current volatility for Fidelity Large Cap Value Index Fund (FLCOX) is 3.08%, while Schwab Fundamental US Large Company Index Fund (SFLNX) has a volatility of 3.39%. This indicates that FLCOX experiences smaller price fluctuations and is considered to be less risky than SFLNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.