FLVCX vs. SPMD
Compare and contrast key facts about Fidelity Leveraged Company Stock Fund (FLVCX) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD).
FLVCX is managed by Fidelity. It was launched on Dec 19, 2000. SPMD is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on Nov 8, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLVCX or SPMD.
Key characteristics
| FLVCX | SPMD | |
|---|---|---|
| YTD Return | 16.56% | 18.08% |
| 1Y Return | 21.30% | 29.53% |
| 3Y Return (Ann) | -5.65% | 5.39% |
| 5Y Return (Ann) | 5.99% | 11.90% |
| 10Y Return (Ann) | 0.09% | 9.86% |
| Sharpe Ratio | 1.05 | 1.90 |
| Sortino Ratio | 1.39 | 2.68 |
| Omega Ratio | 1.21 | 1.33 |
| Calmar Ratio | 0.66 | 2.82 |
| Martin Ratio | 4.81 | 11.01 |
| Ulcer Index | 4.49% | 2.74% |
| Daily Std Dev | 20.62% | 15.88% |
| Max Drawdown | -69.99% | -57.62% |
| Current Drawdown | -18.24% | -2.45% |
Correlation
The correlation between FLVCX and SPMD is 0.85, 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
FLVCX vs. SPMD - Performance Comparison
In the year-to-date period, FLVCX achieves a 16.56% return, which is significantly lower than SPMD's 18.08% return. Over the past 10 years, FLVCX has underperformed SPMD with an annualized return of 0.09%, while SPMD has yielded a comparatively higher 9.86% 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.
FLVCX vs. SPMD - Expense Ratio Comparison
FLVCX has a 0.74% expense ratio, which is higher than SPMD's 0.05% expense ratio.
Risk-Adjusted Performance
FLVCX vs. SPMD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Leveraged Company Stock Fund (FLVCX) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). 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
FLVCX vs. SPMD - Dividend Comparison
FLVCX's dividend yield for the trailing twelve months is around 0.84%, less than SPMD's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLVCX Fidelity Leveraged Company Stock Fund | 0.84% | 0.62% | 0.80% | 0.24% | 0.11% | 0.10% | 0.00% | 0.20% | 1.12% | 8.18% | 0.76% | 0.63% |
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 1.33% | 1.47% | 1.64% | 1.24% | 1.30% | 1.57% | 1.85% | 1.97% | 2.13% | 5.33% | 5.71% | 10.67% |
Drawdowns
FLVCX vs. SPMD - Drawdown Comparison
The maximum FLVCX drawdown since its inception was -69.99%, which is greater than SPMD's maximum drawdown of -57.62%. Use the drawdown chart below to compare losses from any high point for FLVCX and SPMD. For additional features, visit the drawdowns tool.
Volatility
FLVCX vs. SPMD - Volatility Comparison
Fidelity Leveraged Company Stock Fund (FLVCX) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) have volatilities of 5.26% and 5.35%, 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.