FLOWX vs. FXAIX
Compare and contrast key facts about Fidelity Water Sustainability Fund (FLOWX) and Fidelity 500 Index Fund (FXAIX).
FLOWX is managed by Fidelity Investments. It was launched on Apr 21, 2020. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLOWX or FXAIX.
Correlation
The correlation between FLOWX and FXAIX is 0.79, 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
FLOWX vs. FXAIX - Performance Comparison
Key characteristics
FLOWX:
0.32
FXAIX:
1.75
FLOWX:
0.55
FXAIX:
2.36
FLOWX:
1.07
FXAIX:
1.32
FLOWX:
0.39
FXAIX:
2.66
FLOWX:
1.08
FXAIX:
11.02
FLOWX:
4.51%
FXAIX:
2.04%
FLOWX:
15.00%
FXAIX:
12.89%
FLOWX:
-31.59%
FXAIX:
-33.79%
FLOWX:
-9.04%
FXAIX:
-2.12%
Returns By Period
In the year-to-date period, FLOWX achieves a 0.35% return, which is significantly lower than FXAIX's 2.42% return.
FLOWX
0.35%
-2.01%
-4.84%
4.16%
N/A
N/A
FXAIX
2.42%
-1.08%
7.43%
19.81%
14.30%
12.86%
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FLOWX vs. FXAIX - Expense Ratio Comparison
FLOWX has a 1.00% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FLOWX vs. FXAIX — Risk-Adjusted Performance Rank
FLOWX
FXAIX
FLOWX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Water Sustainability Fund (FLOWX) and Fidelity 500 Index Fund (FXAIX). 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
FLOWX vs. FXAIX - Dividend Comparison
FLOWX's dividend yield for the trailing twelve months is around 0.76%, less than FXAIX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLOWX Fidelity Water Sustainability Fund | 0.76% | 0.76% | 0.42% | 0.08% | 0.02% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FLOWX vs. FXAIX - Drawdown Comparison
The maximum FLOWX drawdown since its inception was -31.59%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FLOWX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FLOWX vs. FXAIX - Volatility Comparison
Fidelity Water Sustainability Fund (FLOWX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 3.48% and 3.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.