PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FLPKX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FLPKXFXAIX
YTD Return13.95%27.28%
1Y Return26.82%37.86%
3Y Return (Ann)7.17%10.36%
5Y Return (Ann)12.31%16.05%
10Y Return (Ann)9.79%13.34%
Sharpe Ratio2.193.24
Sortino Ratio3.054.29
Omega Ratio1.391.61
Calmar Ratio3.714.74
Martin Ratio12.8921.47
Ulcer Index2.17%1.86%
Daily Std Dev12.77%12.29%
Max Drawdown-50.24%-33.79%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.9

The correlation between FLPKX and FXAIX is 0.85, 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

FLPKX vs. FXAIX - Performance Comparison

In the year-to-date period, FLPKX achieves a 13.95% return, which is significantly lower than FXAIX's 27.28% return. Over the past 10 years, FLPKX has underperformed FXAIX with an annualized return of 9.79%, while FXAIX has yielded a comparatively higher 13.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.61%
15.13%
FLPKX
FXAIX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FLPKX vs. FXAIX - Expense Ratio Comparison

FLPKX has a 0.74% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


FLPKX
Fidelity Low-Priced Stock Fund Class K
Expense ratio chart for FLPKX: current value at 0.74% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.74%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

FLPKX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Low-Priced Stock Fund Class K (FLPKX) 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.


FLPKX
Sharpe ratio
The chart of Sharpe ratio for FLPKX, currently valued at 2.19, compared to the broader market0.002.004.002.19
Sortino ratio
The chart of Sortino ratio for FLPKX, currently valued at 3.05, compared to the broader market0.005.0010.003.05
Omega ratio
The chart of Omega ratio for FLPKX, currently valued at 1.39, compared to the broader market1.002.003.004.001.39
Calmar ratio
The chart of Calmar ratio for FLPKX, currently valued at 3.71, compared to the broader market0.005.0010.0015.0020.0025.003.71
Martin ratio
The chart of Martin ratio for FLPKX, currently valued at 12.89, compared to the broader market0.0020.0040.0060.0080.00100.0012.89
FXAIX
Sharpe ratio
The chart of Sharpe ratio for FXAIX, currently valued at 3.24, compared to the broader market0.002.004.003.24
Sortino ratio
The chart of Sortino ratio for FXAIX, currently valued at 4.29, compared to the broader market0.005.0010.004.29
Omega ratio
The chart of Omega ratio for FXAIX, currently valued at 1.61, compared to the broader market1.002.003.004.001.61
Calmar ratio
The chart of Calmar ratio for FXAIX, currently valued at 4.74, compared to the broader market0.005.0010.0015.0020.0025.004.74
Martin ratio
The chart of Martin ratio for FXAIX, currently valued at 21.47, compared to the broader market0.0020.0040.0060.0080.00100.0021.47

FLPKX vs. FXAIX - Sharpe Ratio Comparison

The current FLPKX Sharpe Ratio is 2.19, which is lower than the FXAIX Sharpe Ratio of 3.24. The chart below compares the historical Sharpe Ratios of FLPKX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.19
3.24
FLPKX
FXAIX

Dividends

FLPKX vs. FXAIX - Dividend Comparison

FLPKX's dividend yield for the trailing twelve months is around 2.16%, more than FXAIX's 1.21% yield.


TTM20232022202120202019201820172016201520142013
FLPKX
Fidelity Low-Priced Stock Fund Class K
2.16%2.11%1.28%1.63%1.85%1.86%2.06%1.55%1.30%5.31%7.13%7.66%
FXAIX
Fidelity 500 Index Fund
1.21%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

FLPKX vs. FXAIX - Drawdown Comparison

The maximum FLPKX drawdown since its inception was -50.24%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FLPKX and FXAIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
FLPKX
FXAIX

Volatility

FLPKX vs. FXAIX - Volatility Comparison

Fidelity Low-Priced Stock Fund Class K (FLPKX) has a higher volatility of 4.09% compared to Fidelity 500 Index Fund (FXAIX) at 3.88%. This indicates that FLPKX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.09%
3.88%
FLPKX
FXAIX