FLPSX vs. SPY
Compare and contrast key facts about Fidelity Low-Priced Stock Fund (FLPSX) and SPDR S&P 500 ETF (SPY).
FLPSX is managed by T. Rowe Price. It was launched on Dec 27, 1989. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLPSX or SPY.
Correlation
The correlation between FLPSX and SPY is 0.80, 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. SPY - Performance Comparison
Key characteristics
FLPSX:
-0.04
SPY:
2.20
FLPSX:
0.05
SPY:
2.91
FLPSX:
1.01
SPY:
1.41
FLPSX:
-0.02
SPY:
3.35
FLPSX:
-0.09
SPY:
13.99
FLPSX:
6.95%
SPY:
2.01%
FLPSX:
15.25%
SPY:
12.79%
FLPSX:
-52.90%
SPY:
-55.19%
FLPSX:
-25.45%
SPY:
-1.35%
Returns By Period
In the year-to-date period, FLPSX achieves a 2.28% return, which is significantly higher than SPY's 1.96% return. Over the past 10 years, FLPSX has underperformed SPY with an annualized return of 0.17%, while SPY has yielded a comparatively higher 13.29% annualized return.
FLPSX
2.28%
2.94%
-12.33%
-1.79%
-2.13%
0.17%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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FLPSX vs. SPY - Expense Ratio Comparison
FLPSX has a 0.82% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FLPSX vs. SPY — Risk-Adjusted Performance Rank
FLPSX
SPY
FLPSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Low-Priced Stock Fund (FLPSX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
FLPSX's dividend yield for the trailing twelve months is around 2.06%, more than SPY's 1.18% 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% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FLPSX vs. SPY - Drawdown Comparison
The maximum FLPSX drawdown since its inception was -52.90%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FLPSX and SPY. For additional features, visit the drawdowns tool.
Volatility
FLPSX vs. SPY - Volatility Comparison
The current volatility for Fidelity Low-Priced Stock Fund (FLPSX) is 4.19%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.10%. This indicates that FLPSX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.