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FLGEX vs. FSPGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FLGEXFSPGX

Correlation

-0.50.00.51.00.9

The correlation between FLGEX and FSPGX is 0.93, 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

FLGEX vs. FSPGX - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember0
16.28%
FLGEX
FSPGX

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FLGEX vs. FSPGX - Expense Ratio Comparison

FLGEX has a 0.39% expense ratio, which is higher than FSPGX's 0.04% expense ratio.


FLGEX
Fidelity Large Cap Growth Enhanced Index Fund
Expense ratio chart for FLGEX: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%
Expense ratio chart for FSPGX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

FLGEX vs. FSPGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Growth Enhanced Index Fund (FLGEX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.


FLGEX
Sharpe ratio
The chart of Sharpe ratio for FLGEX, currently valued at 0.91, compared to the broader market0.002.004.000.91
Sortino ratio
The chart of Sortino ratio for FLGEX, currently valued at 6.96, compared to the broader market0.005.0010.006.96
Omega ratio
The chart of Omega ratio for FLGEX, currently valued at 6.18, compared to the broader market1.002.003.004.006.18
Calmar ratio
The chart of Calmar ratio for FLGEX, currently valued at 0.29, compared to the broader market0.005.0010.0015.0020.0025.000.29
Martin ratio
The chart of Martin ratio for FLGEX, currently valued at 53.97, compared to the broader market0.0020.0040.0060.0080.00100.0053.97
FSPGX
Sharpe ratio
The chart of Sharpe ratio for FSPGX, currently valued at 2.54, compared to the broader market0.002.004.002.54
Sortino ratio
The chart of Sortino ratio for FSPGX, currently valued at 3.26, compared to the broader market0.005.0010.003.26
Omega ratio
The chart of Omega ratio for FSPGX, currently valued at 1.46, compared to the broader market1.002.003.004.001.46
Calmar ratio
The chart of Calmar ratio for FSPGX, currently valued at 3.23, compared to the broader market0.005.0010.0015.0020.0025.003.23
Martin ratio
The chart of Martin ratio for FSPGX, currently valued at 12.71, compared to the broader market0.0020.0040.0060.0080.00100.0012.71

FLGEX vs. FSPGX - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
0.91
2.54
FLGEX
FSPGX

Dividends

FLGEX vs. FSPGX - Dividend Comparison

FLGEX has not paid dividends to shareholders, while FSPGX's dividend yield for the trailing twelve months is around 0.42%.


TTM20232022202120202019201820172016201520142013
FLGEX
Fidelity Large Cap Growth Enhanced Index Fund
0.00%0.50%0.61%14.40%4.74%3.18%8.29%4.54%1.01%3.07%9.05%7.77%
FSPGX
Fidelity Large Cap Growth Index Fund
0.42%0.73%0.86%0.54%0.74%0.99%1.14%0.99%0.30%0.00%0.00%0.00%

Drawdowns

FLGEX vs. FSPGX - Drawdown Comparison


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.28%
0
FLGEX
FSPGX

Volatility

FLGEX vs. FSPGX - Volatility Comparison

The current volatility for Fidelity Large Cap Growth Enhanced Index Fund (FLGEX) is 0.00%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 5.05%. This indicates that FLGEX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember0
5.05%
FLGEX
FSPGX