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FLPKX vs. VMCIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FLPKXVMCIX
YTD Return11.80%20.22%
1Y Return21.10%31.97%
3Y Return (Ann)6.47%3.84%
5Y Return (Ann)11.62%11.57%
10Y Return (Ann)9.57%10.26%
Sharpe Ratio1.902.86
Sortino Ratio2.673.96
Omega Ratio1.341.50
Calmar Ratio3.232.27
Martin Ratio11.2117.71
Ulcer Index2.17%2.04%
Daily Std Dev12.83%12.61%
Max Drawdown-50.24%-58.86%
Current Drawdown-1.89%-0.76%

Correlation

-0.50.00.51.00.9

The correlation between FLPKX and VMCIX is 0.91, 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. VMCIX - Performance Comparison

In the year-to-date period, FLPKX achieves a 11.80% return, which is significantly lower than VMCIX's 20.22% return. Over the past 10 years, FLPKX has underperformed VMCIX with an annualized return of 9.57%, while VMCIX has yielded a comparatively higher 10.26% 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%JuneJulyAugustSeptemberOctoberNovember
1.81%
11.85%
FLPKX
VMCIX

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FLPKX vs. VMCIX - Expense Ratio Comparison

FLPKX has a 0.74% expense ratio, which is higher than VMCIX's 0.04% 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 VMCIX: 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

FLPKX vs. VMCIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Low-Priced Stock Fund Class K (FLPKX) and Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX). 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 1.90, compared to the broader market0.002.004.001.90
Sortino ratio
The chart of Sortino ratio for FLPKX, currently valued at 2.67, compared to the broader market0.005.0010.002.67
Omega ratio
The chart of Omega ratio for FLPKX, currently valued at 1.34, compared to the broader market1.002.003.004.001.34
Calmar ratio
The chart of Calmar ratio for FLPKX, currently valued at 3.23, compared to the broader market0.005.0010.0015.0020.003.23
Martin ratio
The chart of Martin ratio for FLPKX, currently valued at 11.21, compared to the broader market0.0020.0040.0060.0080.00100.0011.21
VMCIX
Sharpe ratio
The chart of Sharpe ratio for VMCIX, currently valued at 2.86, compared to the broader market0.002.004.002.86
Sortino ratio
The chart of Sortino ratio for VMCIX, currently valued at 3.96, compared to the broader market0.005.0010.003.96
Omega ratio
The chart of Omega ratio for VMCIX, currently valued at 1.50, compared to the broader market1.002.003.004.001.50
Calmar ratio
The chart of Calmar ratio for VMCIX, currently valued at 2.27, compared to the broader market0.005.0010.0015.0020.002.27
Martin ratio
The chart of Martin ratio for VMCIX, currently valued at 17.71, compared to the broader market0.0020.0040.0060.0080.00100.0017.71

FLPKX vs. VMCIX - Sharpe Ratio Comparison

The current FLPKX Sharpe Ratio is 1.90, which is lower than the VMCIX Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of FLPKX and VMCIX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.90
2.86
FLPKX
VMCIX

Dividends

FLPKX vs. VMCIX - Dividend Comparison

FLPKX's dividend yield for the trailing twelve months is around 2.20%, more than VMCIX's 1.46% yield.


TTM20232022202120202019201820172016201520142013
FLPKX
Fidelity Low-Priced Stock Fund Class K
2.20%2.11%1.28%1.63%1.85%1.86%2.06%1.55%1.30%5.31%7.13%7.66%
VMCIX
Vanguard Mid-Cap Index Fund Institutional Shares
1.46%1.52%1.60%1.12%1.45%1.48%1.83%1.36%1.46%1.48%1.29%1.18%

Drawdowns

FLPKX vs. VMCIX - Drawdown Comparison

The maximum FLPKX drawdown since its inception was -50.24%, smaller than the maximum VMCIX drawdown of -58.86%. Use the drawdown chart below to compare losses from any high point for FLPKX and VMCIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.89%
-0.76%
FLPKX
VMCIX

Volatility

FLPKX vs. VMCIX - Volatility Comparison

Fidelity Low-Priced Stock Fund Class K (FLPKX) has a higher volatility of 4.26% compared to Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) at 3.78%. This indicates that FLPKX's price experiences larger fluctuations and is considered to be riskier than VMCIX 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
4.26%
3.78%
FLPKX
VMCIX