FLCOX vs. VTV
Compare and contrast key facts about Fidelity Large Cap Value Index Fund (FLCOX) and Vanguard Value ETF (VTV).
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. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004. Both FLCOX and VTV 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 VTV.
Performance
FLCOX vs. VTV - Performance Comparison
Returns By Period
In the year-to-date period, FLCOX achieves a 18.59% return, which is significantly lower than VTV's 19.95% return.
FLCOX
18.59%
-0.31%
8.90%
27.46%
10.24%
N/A
VTV
19.95%
-0.91%
8.89%
28.68%
11.42%
10.47%
Key characteristics
| FLCOX | VTV | |
|---|---|---|
| Sharpe Ratio | 2.55 | 2.79 |
| Sortino Ratio | 3.59 | 3.93 |
| Omega Ratio | 1.46 | 1.51 |
| Calmar Ratio | 4.57 | 5.57 |
| Martin Ratio | 15.98 | 17.90 |
| Ulcer Index | 1.73% | 1.59% |
| Daily Std Dev | 10.87% | 10.17% |
| Max Drawdown | -38.28% | -59.27% |
| Current Drawdown | -1.75% | -1.69% |
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FLCOX vs. VTV - Expense Ratio Comparison
FLCOX has a 0.04% expense ratio, which is lower than VTV's 0.04% 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%.
Correlation
The correlation between FLCOX and VTV is 0.98, 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.
Risk-Adjusted Performance
FLCOX vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Value Index Fund (FLCOX) and Vanguard Value ETF (VTV). 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. VTV - Dividend Comparison
FLCOX's dividend yield for the trailing twelve months is around 1.52%, less than VTV's 2.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCOX Fidelity Large Cap Value Index Fund | 1.52% | 1.99% | 2.01% | 1.55% | 2.28% | 2.13% | 2.33% | 1.73% | 0.52% | 0.00% | 0.00% | 0.00% |
VTV Vanguard Value ETF | 2.25% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
FLCOX vs. VTV - Drawdown Comparison
The maximum FLCOX drawdown since its inception was -38.28%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for FLCOX and VTV. For additional features, visit the drawdowns tool.
Volatility
FLCOX vs. VTV - Volatility Comparison
Fidelity Large Cap Value Index Fund (FLCOX) and Vanguard Value ETF (VTV) have volatilities of 3.72% and 3.66%, 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.