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:
0.27
SPY:
0.51
FLCPX:
0.52
SPY:
0.86
FLCPX:
1.08
SPY:
1.13
FLCPX:
0.25
SPY:
0.55
FLCPX:
0.91
SPY:
2.26
FLCPX:
5.93%
SPY:
4.55%
FLCPX:
19.65%
SPY:
20.08%
FLCPX:
-33.87%
SPY:
-55.19%
FLCPX:
-12.67%
SPY:
-9.89%
Returns By Period
The year-to-date returns for both stocks are quite close, with FLCPX having a -5.72% return and SPY slightly lower at -5.76%.
FLCPX
-5.72%
-3.22%
-8.27%
5.83%
9.27%
N/A
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 1.38%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCPX Fidelity SAI U.S. Large Cap Index Fund | 1.38% | 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 | 1.30% | 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
The current volatility for Fidelity SAI U.S. Large Cap Index Fund (FLCPX) is 14.20%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that FLCPX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.