FLVEX vs. FELAX
Compare and contrast key facts about Fidelity Large Cap Value Enhanced Index Fund (FLVEX) and Fidelity Advisor Semiconductors Fund Class A (FELAX).
FLVEX is managed by Fidelity. It was launched on Apr 19, 2007. FELAX is managed by Fidelity. It was launched on Dec 27, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLVEX or FELAX.
Key characteristics
| FLVEX | FELAX |
|---|
Correlation
The correlation between FLVEX and FELAX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FLVEX vs. FELAX - Performance Comparison
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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FLVEX vs. FELAX - Expense Ratio Comparison
FLVEX has a 0.39% expense ratio, which is lower than FELAX's 1.01% expense ratio.
Risk-Adjusted Performance
FLVEX vs. FELAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Value Enhanced Index Fund (FLVEX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). 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
FLVEX vs. FELAX - Dividend Comparison
Neither FLVEX nor FELAX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLVEX Fidelity Large Cap Value Enhanced Index Fund | 1.04% | 5.51% | 4.65% | 12.27% | 1.66% | 3.36% | 7.37% | 5.17% | 1.78% | 1.94% | 3.89% | 8.22% |
FELAX Fidelity Advisor Semiconductors Fund Class A | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.26% | 0.61% | 0.49% | 0.24% | 10.72% | 0.04% | 0.00% |
Drawdowns
FLVEX vs. FELAX - Drawdown Comparison
Volatility
FLVEX vs. FELAX - Volatility Comparison
The current volatility for Fidelity Large Cap Value Enhanced Index Fund (FLVEX) is 0.00%, while Fidelity Advisor Semiconductors Fund Class A (FELAX) has a volatility of 9.40%. This indicates that FLVEX experiences smaller price fluctuations and is considered to be less risky than FELAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.