FLUIX vs. FLCOX

Last updated Jun 4, 2026

FLUIX (Fidelity Advisor Stock Selector Large Cap Value Fund Class I) and FLCOX (Fidelity Large Cap Value Index Fund) are both Large Cap Value Equities funds from Fidelity. Over the past 5 years, FLUIX returned 10.53%/yr vs 10.45%/yr for FLCOX. With a 0.98 correlation, they move nearly in lockstep. FLUIX charges 0.75%/yr vs 0.04%/yr for FLCOX.

Performance

FLUIX vs. FLCOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Stock Selector Large Cap Value Fund Class I (FLUIX) and Fidelity Large Cap Value Index Fund (FLCOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLUIX achieves a 7.47% return, which is significantly lower than FLCOX's 14.25% return.

FLUIX

• 1D: 0.30%
• 1M: 1.60%
• YTD: 7.47%
• 6M: 8.70%
• 1Y: 20.77%
• 3Y*: 17.99%
• 5Y*: 10.53%
• 10Y*: 11.12%

FLCOX

• 1D: 0.77%
• 1M: 4.28%
• YTD: 14.25%
• 6M: 14.85%
• 1Y: 28.31%
• 3Y*: 18.60%
• 5Y*: 10.45%
• 10Y*: —

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

FLUIX vs. FLCOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLUIX Fidelity Advisor Stock Selector Large Cap Value Fund Class I	7.47%	15.98%	17.27%	14.45%	-5.51%	25.71%	4.10%	24.61%	-9.31%	11.53%
FLCOX Fidelity Large Cap Value Index Fund	14.25%	15.90%	14.38%	11.48%	-7.57%	25.09%	2.87%	26.54%	-8.38%	10.90%

Correlation

The correlation between FLUIX and FLCOX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.98

The correlation between FLUIX and FLCOX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

FLUIX vs. FLCOX — Risk / Return Rank

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

FLUIX

FLUIX Risk / Return Rank: 54
FLUIX Sharpe Ratio Rank: 48
FLUIX Sortino Ratio Rank: 49
FLUIX Omega Ratio Rank: 46
FLUIX Calmar Ratio Rank: 63
FLUIX Martin Ratio Rank: 63

FLCOX

FLCOX Risk / Return Rank: 83
FLCOX Sharpe Ratio Rank: 84
FLCOX Sortino Ratio Rank: 81
FLCOX Omega Ratio Rank: 74
FLCOX Calmar Ratio Rank: 88
FLCOX Martin Ratio Rank: 90

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.

FLUIX vs. FLCOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Large Cap Value Fund Class I (FLUIX) and Fidelity Large Cap Value Index Fund (FLCOX). 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.

	FLUIX	FLCOX	Difference
Sharpe ratio: Return per unit of total volatility	2.05	2.70	-0.65
Sortino ratio: Return per unit of downside risk	2.97	3.82	-0.86
Omega ratio: Gain probability vs. loss probability	1.37	1.49	-0.12
Calmar ratio: Return relative to maximum drawdown	3.05	4.29	-1.24
Martin ratio: Return relative to average drawdown	12.36	18.04	-5.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLUIX vs. FLCOX - Sharpe Ratio Comparison

The current FLUIX Sharpe Ratio is 2.05, which is comparable to the FLCOX Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of FLUIX and FLCOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLUIX	FLCOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	2.70	-0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.71	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.60	-0.21

Drawdowns

FLUIX vs. FLCOX - Drawdown Comparison

The maximum FLUIX drawdown since its inception was -58.86%, which is greater than FLCOX's maximum drawdown of -38.28%. Use the drawdown chart below to compare losses from any high point for FLUIX and FLCOX.

Drawdown Indicators

	FLUIX	FLCOX	Difference
Max Drawdown Largest peak-to-trough decline	-58.86%	-38.28%	-20.58%
Max Drawdown (1Y) Largest decline over 1 year	-7.04%	-6.80%	-0.24%
Max Drawdown (3Y) Largest decline over 3 years	-15.61%	-15.60%	-0.01%
Max Drawdown (5Y) Largest decline over 5 years	-19.33%	-19.00%	-0.33%
Max Drawdown (10Y) Largest decline over 10 years	-39.73%	—	—
Current Drawdown Current decline from peak	-0.33%	0.00%	-0.33%
Average Drawdown Average peak-to-trough decline	-9.46%	-4.45%	-5.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	1.62%	+0.11%

Volatility

FLUIX vs. FLCOX - Volatility Comparison

The current volatility for Fidelity Advisor Stock Selector Large Cap Value Fund Class I (FLUIX) is 2.62%, while Fidelity Large Cap Value Index Fund (FLCOX) has a volatility of 3.06%. This indicates that FLUIX experiences smaller price fluctuations and is considered to be less risky than FLCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLUIX	FLCOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	3.06%	-0.44%
Volatility (6M) Calculated over the trailing 6-month period	7.86%	8.14%	-0.28%
Volatility (1Y) Calculated over the trailing 1-year period	10.47%	10.80%	-0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.46%	14.83%	+0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.71%	17.64%	+0.07%

FLUIX vs. FLCOX - Expense Ratio Comparison

FLUIX has a 0.75% expense ratio, which is higher than FLCOX's 0.04% expense ratio.

Dividends

FLUIX vs. FLCOX - Dividend Comparison

FLUIX's dividend yield for the trailing twelve months is around 9.18%, more than FLCOX's 1.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLCOX Fidelity Large Cap Value Index Fund	1.32%	1.51%	1.92%	1.99%	2.01%	1.55%	2.28%	3.82%	2.79%	0.60%	0.00%	0.00%
FLUIX Fidelity Advisor Stock Selector Large Cap Value Fund Class I	9.18%	8.02%	10.37%	2.48%	8.26%	4.34%	2.28%	0.39%	7.58%	1.12%	1.29%	1.24%

Frequently Asked Questions

Can I hold both FLUIX and FLCOX in my portfolio?

With a correlation of 0.97, FLUIX and FLCOX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FLUIX or FLCOX?

FLCOX has higher volatility (3.06%) compared to FLUIX (2.62%). In terms of maximum drawdown, FLUIX dropped -58.86% vs FLCOX's -38.28%.

Which has better risk-adjusted returns?

FLCOX currently has the higher Sharpe Ratio (2.70 vs 2.05), 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.