FLCSX vs. VWNEX
FLCSX (Fidelity Large Cap Stock Fund) and VWNEX (Vanguard Windsor Fund Admiral Shares) are both mutual funds - FLCSX is a Large Cap Blend Equities fund actively managed by Fidelity Investments, while VWNEX is a Large Cap Value Equities fund managed by Vanguard. Over the past 10 years, FLCSX returned 15.57%/yr vs 11.98%/yr for VWNEX. Their correlation of 0.94 suggests significant overlap in exposure. FLCSX charges 0.75%/yr vs 0.20%/yr for VWNEX.
Performance
FLCSX vs. VWNEX - Performance Comparison
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Returns By Period
In the year-to-date period, FLCSX achieves a 10.04% return, which is significantly higher than VWNEX's 7.22% return. Over the past 10 years, FLCSX has outperformed VWNEX with an annualized return of 15.57%, while VWNEX has yielded a comparatively lower 11.98% annualized return.
FLCSX
- 1D
- 0.98%
- 1M
- 1.34%
- YTD
- 10.04%
- 6M
- 9.97%
- 1Y
- 30.34%
- 3Y*
- 24.69%
- 5Y*
- 16.84%
- 10Y*
- 15.57%
VWNEX
- 1D
- -0.09%
- 1M
- 0.62%
- YTD
- 7.22%
- 6M
- 6.41%
- 1Y
- 20.67%
- 3Y*
- 13.17%
- 5Y*
- 10.31%
- 10Y*
- 11.98%
FLCSX vs. VWNEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLCSX Fidelity Large Cap Stock Fund | 10.04% | 27.49% | 26.31% | 23.51% | -8.02% | 25.80% | 9.05% | 31.59% | -13.62% | 17.86% |
VWNEX Vanguard Windsor Fund Admiral Shares | 7.22% | 13.40% | 9.64% | 15.11% | -3.05% | 27.92% | 7.45% | 30.53% | -12.39% | 18.19% |
Correlation
The correlation between FLCSX and VWNEX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2001 | 0.94 |
Over the past year, the correlation between FLCSX and VWNEX has dropped to 0.72 - well below their long-term average of 0.94, suggesting their price drivers have been diverging.
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Return for Risk
FLCSX vs. VWNEX — Risk / Return Rank
FLCSX
VWNEX
FLCSX vs. VWNEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Stock Fund (FLCSX) and Vanguard Windsor Fund Admiral Shares (VWNEX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLCSX | VWNEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.30 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 2.63 | +0.55 |
| Martin ratioReturn relative to average drawdown | 14.38 | 9.32 | +5.06 |
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Drawdowns
FLCSX vs. VWNEX - Drawdown Comparison
The maximum FLCSX drawdown since its inception was -63.67%, roughly equal to the maximum VWNEX drawdown of -61.41%. Use the drawdown chart below to compare losses from any high point for FLCSX and VWNEX.
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Drawdown Indicators
| FLCSX | VWNEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.67% | -61.41% | -2.26% |
Max Drawdown (1Y)Largest decline over 1 year | -9.55% | -7.89% | -1.66% |
Max Drawdown (3Y)Largest decline over 3 years | -18.82% | -21.72% | +2.90% |
Max Drawdown (5Y)Largest decline over 5 years | -21.69% | -21.72% | +0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -37.11% | -40.12% | +3.01% |
Current DrawdownCurrent decline from peak | -0.28% | -1.89% | +1.61% |
Average DrawdownAverage peak-to-trough decline | -13.80% | -9.84% | -3.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 2.22% | -0.11% |
Volatility
FLCSX vs. VWNEX - Volatility Comparison
Fidelity Large Cap Stock Fund (FLCSX) has a higher volatility of 4.40% compared to Vanguard Windsor Fund Admiral Shares (VWNEX) at 3.85%. This indicates that FLCSX's price experiences larger fluctuations and is considered to be riskier than VWNEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLCSX | VWNEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 3.85% | +0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 9.97% | 9.07% | +0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.71% | 12.49% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 17.34% | -0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.68% | 19.65% | -0.97% |
FLCSX vs. VWNEX - Expense Ratio Comparison
FLCSX has a 0.75% expense ratio, which is higher than VWNEX's 0.20% expense ratio.
Dividends
FLCSX vs. VWNEX - Dividend Comparison
FLCSX's dividend yield for the trailing twelve months is around 8.98%, more than VWNEX's 7.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCSX Fidelity Large Cap Stock Fund | 8.98% | 6.50% | 4.26% | 2.83% | 3.07% | 4.71% | 3.93% | 5.43% | 7.63% | 3.25% | 3.61% | 4.55% |
VWNEX Vanguard Windsor Fund Admiral Shares | 7.27% | 7.90% | 12.60% | 8.34% | 15.50% | 11.57% | 8.47% | 10.36% | 13.30% | 3.56% | 4.99% | 8.62% |
Frequently Asked Questions
FLCSX and VWNEX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLCSX has higher volatility (4.40%) compared to VWNEX (3.85%). In terms of maximum drawdown, FLCSX dropped -63.67% vs VWNEX's -61.41%.
FLCSX currently has the higher Sharpe Ratio (2.39 vs 1.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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