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FLPSX vs. FFNOX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLPSX and FFNOX is 0.86, 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

FLPSX vs. FFNOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Low-Priced Stock Fund (FLPSX) and Fidelity Multi-Asset Index Fund (FFNOX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FLPSX:

0.12

FFNOX:

0.41

Sortino Ratio

FLPSX:

0.35

FFNOX:

0.72

Omega Ratio

FLPSX:

1.05

FFNOX:

1.10

Calmar Ratio

FLPSX:

0.16

FFNOX:

0.45

Martin Ratio

FLPSX:

0.57

FFNOX:

1.62

Ulcer Index

FLPSX:

4.87%

FFNOX:

4.22%

Daily Std Dev

FLPSX:

17.51%

FFNOX:

15.26%

Max Drawdown

FLPSX:

-53.75%

FFNOX:

-48.68%

Current Drawdown

FLPSX:

-2.82%

FFNOX:

-4.27%

Returns By Period

In the year-to-date period, FLPSX achieves a 3.21% return, which is significantly higher than FFNOX's 2.27% return. Over the past 10 years, FLPSX has outperformed FFNOX with an annualized return of 8.46%, while FFNOX has yielded a comparatively lower 6.54% annualized return.


FLPSX

YTD

3.21%

1M

11.42%

6M

-2.80%

1Y

2.08%

5Y*

15.97%

10Y*

8.46%

FFNOX

YTD

2.27%

1M

8.51%

6M

-3.01%

1Y

6.17%

5Y*

9.12%

10Y*

6.54%

*Annualized

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FLPSX vs. FFNOX - Expense Ratio Comparison

FLPSX has a 0.82% expense ratio, which is higher than FFNOX's 0.11% expense ratio.


Risk-Adjusted Performance

FLPSX vs. FFNOX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLPSX
The Risk-Adjusted Performance Rank of FLPSX is 2828
Overall Rank
The Sharpe Ratio Rank of FLPSX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of FLPSX is 2727
Sortino Ratio Rank
The Omega Ratio Rank of FLPSX is 2626
Omega Ratio Rank
The Calmar Ratio Rank of FLPSX is 3131
Calmar Ratio Rank
The Martin Ratio Rank of FLPSX is 3030
Martin Ratio Rank

FFNOX
The Risk-Adjusted Performance Rank of FFNOX is 4848
Overall Rank
The Sharpe Ratio Rank of FFNOX is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of FFNOX is 4545
Sortino Ratio Rank
The Omega Ratio Rank of FFNOX is 4646
Omega Ratio Rank
The Calmar Ratio Rank of FFNOX is 5656
Calmar Ratio Rank
The Martin Ratio Rank of FFNOX is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FLPSX vs. FFNOX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Low-Priced Stock Fund (FLPSX) and Fidelity Multi-Asset Index Fund (FFNOX). 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.


The current FLPSX Sharpe Ratio is 0.12, which is lower than the FFNOX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of FLPSX and FFNOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FLPSX vs. FFNOX - Dividend Comparison

FLPSX's dividend yield for the trailing twelve months is around 15.73%, more than FFNOX's 2.09% yield.


TTM20242023202220212020201920182017201620152014
FLPSX
Fidelity Low-Priced Stock Fund
15.73%16.24%18.29%9.45%12.11%11.14%8.14%13.45%8.91%4.85%4.67%5.88%
FFNOX
Fidelity Multi-Asset Index Fund
2.09%2.14%3.83%2.04%1.87%1.59%2.25%2.25%1.86%2.09%2.50%4.56%

Drawdowns

FLPSX vs. FFNOX - Drawdown Comparison

The maximum FLPSX drawdown since its inception was -53.75%, which is greater than FFNOX's maximum drawdown of -48.68%. Use the drawdown chart below to compare losses from any high point for FLPSX and FFNOX. For additional features, visit the drawdowns tool.


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Volatility

FLPSX vs. FFNOX - Volatility Comparison

Fidelity Low-Priced Stock Fund (FLPSX) has a higher volatility of 4.58% compared to Fidelity Multi-Asset Index Fund (FFNOX) at 4.03%. This indicates that FLPSX's price experiences larger fluctuations and is considered to be riskier than FFNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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