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FLVEX vs. FELAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLVEX and FELAX is 0.67, 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.


-0.50.00.51.00.7

Performance

FLVEX vs. FELAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Large Cap Value Enhanced Index Fund (FLVEX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember20250
9.42%
FLVEX
FELAX

Key characteristics

Returns By Period


FLVEX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FELAX

YTD

9.09%

1M

-0.94%

6M

9.42%

1Y

36.87%

5Y*

25.51%

10Y*

20.70%

*Annualized

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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.


FELAX
Fidelity Advisor Semiconductors Fund Class A
Expense ratio chart for FELAX: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FLVEX: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

FLVEX vs. FELAX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLVEX

FELAX
The Risk-Adjusted Performance Rank of FELAX is 5454
Overall Rank
The Sharpe Ratio Rank of FELAX is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of FELAX is 5151
Sortino Ratio Rank
The Omega Ratio Rank of FELAX is 4545
Omega Ratio Rank
The Calmar Ratio Rank of FELAX is 7676
Calmar Ratio Rank
The Martin Ratio Rank of FELAX is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
No data
The chart of Calmar ratio for FLVEX, currently valued at 0.00, compared to the broader market0.005.0010.0015.0020.000.001.60
FLVEX
FELAX


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
1.00
1.05
FLVEX
FELAX

Dividends

FLVEX vs. FELAX - Dividend Comparison

Neither FLVEX nor FELAX has paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FLVEX
Fidelity Large Cap Value Enhanced Index Fund
0.00%0.00%5.51%4.65%12.27%1.66%3.36%7.37%5.17%1.78%1.94%3.89%
FELAX
Fidelity Advisor Semiconductors Fund Class A
0.00%0.00%0.00%0.00%0.00%0.11%0.26%0.61%0.49%0.24%11.08%0.04%

Drawdowns

FLVEX vs. FELAX - Drawdown Comparison


-25.00%-20.00%-15.00%-10.00%-5.00%AugustSeptemberOctoberNovemberDecember2025
-5.54%
-5.86%
FLVEX
FELAX

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 10.98%. 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.


0.00%5.00%10.00%15.00%20.00%AugustSeptemberOctoberNovemberDecember20250
10.98%
FLVEX
FELAX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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