FLVCX vs. XMMO
Compare and contrast key facts about Fidelity Leveraged Company Stock Fund (FLVCX) and Invesco S&P MidCap Momentum ETF (XMMO).
FLVCX is managed by Fidelity. It was launched on Dec 19, 2000. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLVCX or XMMO.
Key characteristics
| FLVCX | XMMO | |
|---|---|---|
| YTD Return | 16.56% | 43.76% |
| 1Y Return | 21.30% | 56.63% |
| 3Y Return (Ann) | -5.65% | 11.44% |
| 5Y Return (Ann) | 5.99% | 17.76% |
| 10Y Return (Ann) | 0.09% | 15.94% |
| Sharpe Ratio | 1.05 | 2.83 |
| Sortino Ratio | 1.39 | 3.88 |
| Omega Ratio | 1.21 | 1.47 |
| Calmar Ratio | 0.66 | 4.24 |
| Martin Ratio | 4.81 | 19.26 |
| Ulcer Index | 4.49% | 2.88% |
| Daily Std Dev | 20.62% | 19.59% |
| Max Drawdown | -69.99% | -55.37% |
| Current Drawdown | -18.24% | -2.38% |
Correlation
The correlation between FLVCX and XMMO 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. XMMO - Performance Comparison
In the year-to-date period, FLVCX achieves a 16.56% return, which is significantly lower than XMMO's 43.76% return. Over the past 10 years, FLVCX has underperformed XMMO with an annualized return of 0.09%, while XMMO has yielded a comparatively higher 15.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLVCX vs. XMMO - Expense Ratio Comparison
FLVCX has a 0.74% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
FLVCX vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Leveraged Company Stock Fund (FLVCX) and Invesco S&P MidCap Momentum ETF (XMMO). 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. XMMO - Dividend Comparison
FLVCX's dividend yield for the trailing twelve months is around 0.84%, more than XMMO's 0.31% 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% |
XMMO Invesco S&P MidCap Momentum ETF | 0.31% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% | 1.31% |
Drawdowns
FLVCX vs. XMMO - Drawdown Comparison
The maximum FLVCX drawdown since its inception was -69.99%, which is greater than XMMO's maximum drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for FLVCX and XMMO. For additional features, visit the drawdowns tool.
Volatility
FLVCX vs. XMMO - Volatility Comparison
The current volatility for Fidelity Leveraged Company Stock Fund (FLVCX) is 5.26%, while Invesco S&P MidCap Momentum ETF (XMMO) has a volatility of 5.93%. This indicates that FLVCX experiences smaller price fluctuations and is considered to be less risky than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.