FLPSX vs. VDIGX

Last updated Aug 1, 2026

FLPSX (Fidelity Low-Priced Stock Fund) and VDIGX (Vanguard Dividend Growth Fund) are both mutual funds - FLPSX is a Mid Cap Value Equities fund actively managed by Fidelity, while VDIGX is a Dividend fund actively managed by Vanguard. Both are actively managed. Over the past 10 years, FLPSX returned 11.35%/yr vs 12.30%/yr for VDIGX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. FLPSX charges 0.87%/yr vs 0.20%/yr for VDIGX.

Performance

FLPSX vs. VDIGX - Performance Comparison

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

Returns By Period

In the year-to-date period, FLPSX achieves a 15.72% return, which is significantly higher than VDIGX's 5.43% return. Over the past 10 years, FLPSX has underperformed VDIGX with an annualized return of 11.35%, while VDIGX has yielded a comparatively higher 12.30% annualized return.

FLPSX

• 1D: 0.65%
• 1M: 2.96%
• 6M: 10.75%
• YTD: 15.72%
• 1Y: 25.13%
• 3Y*: 14.64%
• 5Y*: 9.87%
• 10Y*: 11.35%
• ALL TIME*: 12.96%

VDIGX

• 1D: 0.63%
• 1M: -0.03%
• 6M: 4.45%
• YTD: 5.43%
• 1Y: 12.39%
• 3Y*: 13.59%
• 5Y*: 9.57%
• 10Y*: 12.30%
• ALL TIME*: 9.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLPSX Fidelity Low-Priced Stock Fund	$0.00	$0.00	$0.00
VDIGX Vanguard Dividend Growth Fund	$0.00	$0.00	$0.00

FLPSX vs. VDIGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLPSX Fidelity Low-Priced Stock Fund	15.72%	14.69%	7.23%	14.41%	-5.69%	24.46%	9.34%	25.75%	-10.80%	18.88%
VDIGX Vanguard Dividend Growth Fund	5.43%	11.11%	20.84%	8.11%	-4.89%	24.86%	12.04%	30.94%	0.08%	19.32%

Correlation

The correlation between FLPSX and VDIGX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (3Y) Balances recent behavior with more history.	0.72
Correlation (5Y) Shows whether the relationship held over a longer period.	0.76
Correlation (10Y) Provides a long-term view across more market conditions.	0.77
Correlation (All Time) Calculated using the full available price history since May 15, 1992	0.73

The correlation between FLPSX and VDIGX has been stable across timeframes, ranging from 0.72 to 0.79 - a consistent structural relationship.

Return for Risk

FLPSX vs. VDIGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FLPSX

FLPSX Risk / Return Rank: 77
FLPSX Sharpe Ratio Rank: 78
FLPSX Sortino Ratio Rank: 79
FLPSX Omega Ratio Rank: 75
FLPSX Calmar Ratio Rank: 79
FLPSX Martin Ratio Rank: 75

VDIGX

VDIGX Risk / Return Rank: 32
VDIGX Sharpe Ratio Rank: 33
VDIGX Sortino Ratio Rank: 35
VDIGX Omega Ratio Rank: 31
VDIGX Calmar Ratio Rank: 26
VDIGX Martin Ratio Rank: 32

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FLPSX vs. VDIGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Low-Priced Stock Fund (FLPSX) and Vanguard Dividend Growth Fund (VDIGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLPSX	VDIGX	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.02	+0.78
Sortino ratio: Return per unit of downside risk	2.65	1.54	+1.10
Omega ratio: Gain probability vs. loss probability	1.32	1.18	+0.14
Calmar ratio: Return relative to maximum drawdown	2.53	1.15	+1.38
Martin ratio: Return relative to average drawdown	8.80	4.56	+4.24

FLPSX vs. VDIGX - Sharpe Ratio Comparison

The current FLPSX Sharpe Ratio is 1.80, which is higher than the VDIGX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of FLPSX and VDIGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FLPSX vs. VDIGX - Drawdown Comparison

The maximum FLPSX drawdown since its inception was -54.81%, which is greater than VDIGX's maximum drawdown of -45.23%. Use the drawdown chart below to compare losses from any high point for FLPSX and VDIGX.

Drawdown Indicators

	FLPSX	VDIGX	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-45.23%	-9.58%
Max Drawdown (1Y) Largest decline over 1 year	-8.87%	-9.09%	+0.22%
Max Drawdown (3Y) Largest decline over 3 years	-17.66%	-10.23%	-7.43%
Max Drawdown (5Y) Largest decline over 5 years	-18.76%	-16.18%	-2.58%
Max Drawdown (10Y) Largest decline over 10 years	-38.16%	-32.98%	-5.18%
Current Drawdown Current decline from peak	0.00%	-0.37%	+0.37%
Average Drawdown Average peak-to-trough decline	-5.64%	-6.62%	+0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	2.30%	+0.25%

Volatility

FLPSX vs. VDIGX - Volatility Comparison

Fidelity Low-Priced Stock Fund (FLPSX) and Vanguard Dividend Growth Fund (VDIGX) have volatilities of 2.82% and 2.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLPSX	VDIGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.82%	2.87%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.00%	7.89%	+1.11%
Volatility (1Y) Calculated over the trailing 1-year period	12.53%	10.28%	+2.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.13%	13.86%	+3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.26%	15.67%	+1.59%

FLPSX vs. VDIGX - Expense Ratio Comparison

FLPSX has a 0.87% expense ratio, which is higher than VDIGX's 0.20% expense ratio.

Dividends

FLPSX vs. VDIGX - Dividend Comparison

FLPSX's dividend yield for the trailing twelve months is around 11.48%, less than VDIGX's 23.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLPSX Fidelity Low-Priced Stock Fund	11.48%	13.28%	16.24%	18.29%	9.45%	12.11%	11.14%	8.14%	13.45%	7.45%	4.85%	4.04%
VDIGX Vanguard Dividend Growth Fund	23.28%	21.90%	21.94%	2.29%	6.06%	5.45%	2.83%	4.70%	8.72%	5.16%	2.86%	5.70%

Frequently Asked Questions

Can I hold both FLPSX and VDIGX in my portfolio?

FLPSX and VDIGX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLPSX or VDIGX?

VDIGX has higher volatility (2.87%) compared to FLPSX (2.82%). In terms of maximum drawdown, FLPSX dropped -54.81% vs VDIGX's -45.23%.

Which has better risk-adjusted returns?

FLPSX currently has the higher Sharpe Ratio (1.80 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.