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.
Key characteristics
| FLPSX | FSMDX | |
|---|---|---|
| YTD Return | 9.65% | 15.44% |
| 1Y Return | 25.09% | 37.08% |
| 3Y Return (Ann) | 6.89% | 4.00% |
| 5Y Return (Ann) | 11.69% | 10.99% |
| 10Y Return (Ann) | 9.29% | 10.10% |
| Sharpe Ratio | 2.05 | 2.83 |
| Sortino Ratio | 2.84 | 3.91 |
| Omega Ratio | 1.36 | 1.49 |
| Calmar Ratio | 3.42 | 1.89 |
| Martin Ratio | 12.03 | 16.70 |
| Ulcer Index | 2.14% | 2.29% |
| Daily Std Dev | 12.58% | 13.53% |
| Max Drawdown | -52.95% | -40.35% |
| Current Drawdown | -2.49% | -1.45% |
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
In the year-to-date period, FLPSX achieves a 9.65% return, which is significantly lower than FSMDX's 15.44% return. Over the past 10 years, FLPSX has underperformed FSMDX with an annualized return of 9.29%, while FSMDX has yielded a comparatively higher 10.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 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 14.89%, more than FSMDX's 0.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLPSX Fidelity Low-Priced Stock Fund | 14.89% | 18.29% | 9.45% | 12.11% | 11.14% | 8.14% | 13.45% | 8.91% | 4.85% | 5.15% | 6.91% | 7.46% |
FSMDX Fidelity Mid Cap Index Fund | 0.99% | 1.39% | 2.07% | 3.35% | 2.34% | 2.86% | 2.60% | 2.53% | 2.23% | 4.68% | 3.82% | 2.74% |
Drawdowns
FLPSX vs. FSMDX - Drawdown Comparison
The maximum FLPSX drawdown since its inception was -52.95%, 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
Fidelity Low-Priced Stock Fund (FLPSX) has a higher volatility of 2.96% compared to Fidelity Mid Cap Index Fund (FSMDX) at 2.71%. This indicates that FLPSX's price experiences larger fluctuations and is considered to be riskier than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.