FLXSX vs. FDFIX
Compare and contrast key facts about Fidelity Flex Small Cap Index Fund (FLXSX) and Fidelity Flex 500 Index Fund (FDFIX).
FLXSX is managed by Fidelity. It was launched on Mar 9, 2017. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLXSX or FDFIX.
Key characteristics
| FLXSX | FDFIX | |
|---|---|---|
| YTD Return | 19.44% | 26.98% |
| 1Y Return | 42.38% | 37.64% |
| 3Y Return (Ann) | 1.31% | 10.22% |
| 5Y Return (Ann) | 10.13% | 15.96% |
| Sharpe Ratio | 1.97 | 3.04 |
| Sortino Ratio | 2.82 | 4.05 |
| Omega Ratio | 1.34 | 1.57 |
| Calmar Ratio | 1.52 | 4.45 |
| Martin Ratio | 11.33 | 20.13 |
| Ulcer Index | 3.74% | 1.86% |
| Daily Std Dev | 21.56% | 12.31% |
| Max Drawdown | -41.72% | -33.77% |
| Current Drawdown | -1.76% | -0.27% |
Correlation
The correlation between FLXSX and FDFIX is 0.81, 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
FLXSX vs. FDFIX - Performance Comparison
In the year-to-date period, FLXSX achieves a 19.44% return, which is significantly lower than FDFIX's 26.98% 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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FLXSX vs. FDFIX - Expense Ratio Comparison
FLXSX has a 0.00% expense ratio, which is lower than FDFIX's 0.00% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLXSX vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Small Cap Index Fund (FLXSX) and Fidelity Flex 500 Index Fund (FDFIX). 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
FLXSX vs. FDFIX - Dividend Comparison
FLXSX's dividend yield for the trailing twelve months is around 1.26%, more than FDFIX's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FLXSX Fidelity Flex Small Cap Index Fund | 1.26% | 1.49% | 1.26% | 1.10% | 1.06% | 1.31% | 1.16% | 0.54% |
FDFIX Fidelity Flex 500 Index Fund | 1.22% | 1.48% | 1.70% | 1.18% | 1.52% | 1.78% | 1.81% | 0.85% |
Drawdowns
FLXSX vs. FDFIX - Drawdown Comparison
The maximum FLXSX drawdown since its inception was -41.72%, which is greater than FDFIX's maximum drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for FLXSX and FDFIX. For additional features, visit the drawdowns tool.
Volatility
FLXSX vs. FDFIX - Volatility Comparison
Fidelity Flex Small Cap Index Fund (FLXSX) has a higher volatility of 7.43% compared to Fidelity Flex 500 Index Fund (FDFIX) at 3.84%. This indicates that FLXSX's price experiences larger fluctuations and is considered to be riskier than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.