FLCPX vs. SPY
Compare and contrast key facts about Fidelity SAI U.S. Large Cap Index Fund (FLCPX) and SPDR S&P 500 ETF (SPY).
FLCPX is managed by Fidelity. It was launched on Feb 2, 2016. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCPX or SPY.
Correlation
The correlation between FLCPX and SPY 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. SPY - Performance Comparison
Key characteristics
FLCPX:
1.69
SPY:
2.20
FLCPX:
2.25
SPY:
2.91
FLCPX:
1.32
SPY:
1.41
FLCPX:
1.70
SPY:
3.35
FLCPX:
8.61
SPY:
13.99
FLCPX:
2.60%
SPY:
2.01%
FLCPX:
13.23%
SPY:
12.79%
FLCPX:
-33.87%
SPY:
-55.19%
FLCPX:
-5.53%
SPY:
-1.35%
Returns By Period
The year-to-date returns for both stocks are quite close, with FLCPX having a 1.98% return and SPY slightly lower at 1.96%.
FLCPX
1.98%
1.20%
3.51%
19.84%
7.66%
N/A
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FLCPX vs. SPY - Expense Ratio Comparison
FLCPX has a 0.02% expense ratio, which is lower than SPY's 0.09% 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. SPY — Risk-Adjusted Performance Rank
FLCPX
SPY
FLCPX vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
FLCPX's dividend yield for the trailing twelve months is around 1.28%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCPX 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% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FLCPX vs. SPY - Drawdown Comparison
The maximum FLCPX drawdown since its inception was -33.87%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FLCPX and SPY. For additional features, visit the drawdowns tool.
Volatility
FLCPX vs. SPY - Volatility Comparison
Fidelity SAI U.S. Large Cap Index Fund (FLCPX) has a higher volatility of 5.78% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that FLCPX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.