Correlation
The correlation between FLVCX and VOO is 0.91, 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.
FLVCX vs. VOO
Compare and contrast key facts about Fidelity Leveraged Company Stock Fund (FLVCX) and Vanguard S&P 500 ETF (VOO).
FLVCX is managed by Fidelity. It was launched on Dec 19, 2000. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLVCX or VOO.
Performance
FLVCX vs. VOO - Performance Comparison
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Key characteristics
FLVCX:
0.35
VOO:
0.70
FLVCX:
0.65
VOO:
1.05
FLVCX:
1.09
VOO:
1.15
FLVCX:
0.34
VOO:
0.69
FLVCX:
1.05
VOO:
2.62
FLVCX:
9.27%
VOO:
4.93%
FLVCX:
29.83%
VOO:
19.55%
FLVCX:
-70.03%
VOO:
-33.99%
FLVCX:
-7.90%
VOO:
-3.45%
Returns By Period
In the year-to-date period, FLVCX achieves a 1.25% return, which is significantly higher than VOO's 1.00% return. Over the past 10 years, FLVCX has underperformed VOO with an annualized return of 9.96%, while VOO has yielded a comparatively higher 12.81% annualized return.
FLVCX
1.25%
11.77%
-3.73%
10.38%
13.23%
17.55%
9.96%
VOO
1.00%
6.44%
-0.84%
13.62%
14.14%
15.91%
12.81%
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FLVCX vs. VOO - Expense Ratio Comparison
FLVCX has a 0.74% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FLVCX vs. VOO — Risk-Adjusted Performance Rank
FLVCX
VOO
FLVCX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Leveraged Company Stock Fund (FLVCX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
FLVCX vs. VOO - Dividend Comparison
FLVCX's dividend yield for the trailing twelve months is around 14.35%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLVCX Fidelity Leveraged Company Stock Fund | 14.35% | 14.53% | 12.19% | 18.49% | 8.40% | 0.11% | 0.10% | 19.91% | 19.08% | 27.48% | 7.18% | 0.76% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FLVCX vs. VOO - Drawdown Comparison
The maximum FLVCX drawdown since its inception was -70.03%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FLVCX and VOO.
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Volatility
FLVCX vs. VOO - Volatility Comparison
Fidelity Leveraged Company Stock Fund (FLVCX) has a higher volatility of 7.04% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. This indicates that FLVCX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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