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FLPSX vs. FFNOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

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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FLPSX vs. FFNOX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FLPSX
Fidelity Low-Priced Stock Fund
0.95%14.69%7.23%14.41%-5.69%24.46%9.34%25.75%-10.80%18.88%
FFNOX
Fidelity Multi-Asset Index Fund
-1.30%20.18%13.05%19.29%-18.02%17.05%16.30%25.09%-6.58%17.09%

Returns By Period

In the year-to-date period, FLPSX achieves a 0.95% return, which is significantly higher than FFNOX's -1.30% return. Both investments have delivered pretty close results over the past 10 years, with FLPSX having a 10.11% annualized return and FFNOX not far ahead at 10.18%.


FLPSX

1D
2.01%
1M
-6.01%
YTD
0.95%
6M
2.41%
1Y
16.95%
3Y*
11.99%
5Y*
7.70%
10Y*
10.11%

FFNOX

1D
2.57%
1M
-5.24%
YTD
-1.30%
6M
0.93%
1Y
18.17%
3Y*
14.42%
5Y*
7.82%
10Y*
10.18%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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.


Return for Risk

FLPSX vs. FFNOX — Risk / Return Rank

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

FLPSX
FLPSX Risk / Return Rank: 5555
Overall Rank
FLPSX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
FLPSX Sortino Ratio Rank: 5656
Sortino Ratio Rank
FLPSX Omega Ratio Rank: 5252
Omega Ratio Rank
FLPSX Calmar Ratio Rank: 5555
Calmar Ratio Rank
FLPSX Martin Ratio Rank: 5757
Martin Ratio Rank

FFNOX
FFNOX Risk / Return Rank: 7474
Overall Rank
FFNOX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FFNOX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FFNOX Omega Ratio Rank: 7171
Omega Ratio Rank
FFNOX Calmar Ratio Rank: 7474
Calmar Ratio Rank
FFNOX Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLPSX vs. FFNOX - Risk-Adjusted Trends 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.


FLPSXFFNOXDifference

Sharpe ratio

Return per unit of total volatility

1.03

1.28

-0.24

Sortino ratio

Return per unit of downside risk

1.54

1.85

-0.32

Omega ratio

Gain probability vs. loss probability

1.22

1.27

-0.06

Calmar ratio

Return relative to maximum drawdown

1.36

1.79

-0.42

Martin ratio

Return relative to average drawdown

5.57

8.08

-2.51

FLPSX vs. FFNOX - Sharpe Ratio Comparison

The current FLPSX Sharpe Ratio is 1.03, which is comparable to the FFNOX Sharpe Ratio of 1.28. 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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Sharpe Ratios by Period


FLPSXFFNOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.03

1.28

-0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.57

-0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.70

-0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

0.41

+0.42

Correlation

The correlation between FLPSX and FFNOX 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.


Dividends

FLPSX vs. FFNOX - Dividend Comparison

FLPSX's dividend yield for the trailing twelve months is around 13.16%, more than FFNOX's 3.73% yield.


TTM20252024202320222021202020192018201720162015
FLPSX
Fidelity Low-Priced Stock Fund
13.16%13.28%16.24%18.29%9.45%12.11%11.14%8.14%13.45%7.45%4.85%4.04%
FFNOX
Fidelity Multi-Asset Index Fund
3.73%3.68%6.43%3.18%7.14%5.71%2.87%2.96%2.90%0.64%2.50%0.70%

Drawdowns

FLPSX vs. FFNOX - Drawdown Comparison

The maximum FLPSX drawdown since its inception was -54.81%, which is greater than FFNOX's maximum drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for FLPSX and FFNOX.


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Drawdown Indicators


FLPSXFFNOXDifference

Max Drawdown

Largest peak-to-trough decline

-54.81%

-49.84%

-4.97%

Max Drawdown (1Y)

Largest decline over 1 year

-12.50%

-10.38%

-2.12%

Max Drawdown (5Y)

Largest decline over 5 years

-18.76%

-26.04%

+7.28%

Max Drawdown (10Y)

Largest decline over 10 years

-38.16%

-29.93%

-8.23%

Current Drawdown

Current decline from peak

-6.97%

-6.25%

-0.72%

Average Drawdown

Average peak-to-trough decline

-5.68%

-8.75%

+3.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.06%

2.30%

+0.76%

Volatility

FLPSX vs. FFNOX - Volatility Comparison

The current volatility for Fidelity Low-Priced Stock Fund (FLPSX) is 4.78%, while Fidelity Multi-Asset Index Fund (FFNOX) has a volatility of 5.63%. This indicates that FLPSX experiences smaller price fluctuations and is considered to be less risky than FFNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FLPSXFFNOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.78%

5.63%

-0.85%

Volatility (6M)

Calculated over the trailing 6-month period

9.31%

8.70%

+0.61%

Volatility (1Y)

Calculated over the trailing 1-year period

16.84%

14.66%

+2.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.20%

13.69%

+3.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.33%

14.52%

+2.81%