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.
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
Key characteristics
FLVCX:
0.84
XMMO:
2.60
FLVCX:
1.16
XMMO:
3.61
FLVCX:
1.17
XMMO:
1.44
FLVCX:
0.56
XMMO:
5.88
FLVCX:
3.90
XMMO:
17.36
FLVCX:
4.53%
XMMO:
2.94%
FLVCX:
20.96%
XMMO:
19.67%
FLVCX:
-69.99%
XMMO:
-55.37%
FLVCX:
-16.46%
XMMO:
-4.09%
Returns By Period
In the year-to-date period, FLVCX achieves a 19.10% return, which is significantly lower than XMMO's 45.90% return. Over the past 10 years, FLVCX has underperformed XMMO with an annualized return of 0.35%, while XMMO has yielded a comparatively higher 16.07% annualized return.
FLVCX
19.10%
3.54%
1.96%
20.38%
5.75%
0.35%
XMMO
45.90%
2.21%
16.10%
48.44%
17.75%
16.07%
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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 0.61%, more than XMMO's 0.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLVCX Fidelity Leveraged Company Stock Fund | 0.61% | 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 | 0.30% | 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
Fidelity Leveraged Company Stock Fund (FLVCX) has a higher volatility of 4.81% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 4.41%. This indicates that FLVCX's price experiences larger fluctuations and is considered to be riskier than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.