FLCPX vs. IVV
Compare and contrast key facts about Fidelity SAI U.S. Large Cap Index Fund (FLCPX) and iShares Core S&P 500 ETF (IVV).
FLCPX is managed by Fidelity. It was launched on Feb 2, 2016. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCPX or IVV.
Correlation
The correlation between FLCPX and IVV is 0.99, 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
FLCPX vs. IVV - Performance Comparison
Key characteristics
FLCPX:
1.69
IVV:
2.21
FLCPX:
2.25
IVV:
2.92
FLCPX:
1.32
IVV:
1.41
FLCPX:
1.70
IVV:
3.35
FLCPX:
8.61
IVV:
14.00
FLCPX:
2.60%
IVV:
2.01%
FLCPX:
13.23%
IVV:
12.79%
FLCPX:
-33.87%
IVV:
-55.25%
FLCPX:
-5.53%
IVV:
-1.39%
Returns By Period
The year-to-date returns for both stocks are quite close, with FLCPX having a 1.98% return and IVV slightly lower at 1.97%.
FLCPX
1.98%
1.20%
3.51%
19.84%
7.66%
N/A
IVV
1.97%
2.29%
9.55%
25.54%
14.28%
13.45%
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FLCPX vs. IVV - Expense Ratio Comparison
FLCPX has a 0.02% expense ratio, which is lower than IVV's 0.03% 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
FLCPX vs. IVV — Risk-Adjusted Performance Rank
FLCPX
IVV
FLCPX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI U.S. Large Cap Index Fund (FLCPX) and iShares Core S&P 500 ETF (IVV). 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
FLCPX vs. IVV - Dividend Comparison
FLCPX's dividend yield for the trailing twelve months is around 1.28%, which matches IVV's 1.27% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity SAI U.S. Large Cap Index Fund | 1.28% | 1.30% | 1.62% | 1.94% | 1.50% | 1.79% | 1.74% | 2.10% | 1.34% | 0.76% | 0.00% | 0.00% |
iShares Core S&P 500 ETF | 1.27% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
FLCPX vs. IVV - Drawdown Comparison
The maximum FLCPX drawdown since its inception was -33.87%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FLCPX and IVV. For additional features, visit the drawdowns tool.
Volatility
FLCPX vs. IVV - Volatility Comparison
Fidelity SAI U.S. Large Cap Index Fund (FLCPX) has a higher volatility of 5.78% compared to iShares Core S&P 500 ETF (IVV) at 5.04%. This indicates that FLCPX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.