FLPSX vs. FSMDX
Compare and contrast key facts about Fidelity Low-Priced Stock Fund (FLPSX) and Fidelity Mid Cap Index Fund (FSMDX).
FLPSX is managed by T. Rowe Price. It was launched on Dec 27, 1989. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLPSX or FSMDX.
Correlation
The correlation between FLPSX and FSMDX is 0.90, 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. FSMDX - Performance Comparison
Key characteristics
FLPSX:
-0.04
FSMDX:
1.64
FLPSX:
0.05
FSMDX:
2.25
FLPSX:
1.01
FSMDX:
1.29
FLPSX:
-0.02
FSMDX:
2.19
FLPSX:
-0.09
FSMDX:
7.14
FLPSX:
6.95%
FSMDX:
3.06%
FLPSX:
15.25%
FSMDX:
13.34%
FLPSX:
-52.90%
FSMDX:
-40.35%
FLPSX:
-25.45%
FSMDX:
-4.80%
Returns By Period
In the year-to-date period, FLPSX achieves a 2.28% return, which is significantly lower than FSMDX's 3.64% return. Over the past 10 years, FLPSX has underperformed FSMDX with an annualized return of 0.17%, while FSMDX has yielded a comparatively higher 8.81% annualized return.
FLPSX
2.28%
2.94%
-12.33%
-1.79%
-2.13%
0.17%
FSMDX
3.64%
2.64%
8.41%
20.07%
9.15%
8.81%
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FLPSX vs. FSMDX - Expense Ratio Comparison
FLPSX has a 0.82% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Risk-Adjusted Performance
FLPSX vs. FSMDX — Risk-Adjusted Performance Rank
FLPSX
FSMDX
FLPSX vs. FSMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Low-Priced Stock Fund (FLPSX) and Fidelity Mid Cap Index Fund (FSMDX). 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
FLPSX vs. FSMDX - Dividend Comparison
FLPSX's dividend yield for the trailing twelve months is around 2.06%, more than FSMDX's 1.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLPSX Fidelity Low-Priced Stock Fund | 2.06% | 2.11% | 2.02% | 1.20% | 1.54% | 1.77% | 1.77% | 1.94% | 1.45% | 1.20% | 5.15% | 6.91% |
FSMDX Fidelity Mid Cap Index Fund | 1.13% | 1.17% | 1.39% | 1.59% | 1.10% | 1.37% | 1.42% | 1.85% | 1.32% | 1.35% | 2.29% | 3.82% |
Drawdowns
FLPSX vs. FSMDX - Drawdown Comparison
The maximum FLPSX drawdown since its inception was -52.90%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for FLPSX and FSMDX. For additional features, visit the drawdowns tool.
Volatility
FLPSX vs. FSMDX - Volatility Comparison
The current volatility for Fidelity Low-Priced Stock Fund (FLPSX) is 4.19%, while Fidelity Mid Cap Index Fund (FSMDX) has a volatility of 5.14%. This indicates that FLPSX experiences smaller price fluctuations and is considered to be less risky than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.