FNCL vs. FGLGX
Compare and contrast key facts about Fidelity MSCI Financials Index ETF (FNCL) and Fidelity Series Large Cap Stock Fund (FGLGX).
FNCL is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Financials Index. It was launched on Oct 21, 2013. FGLGX is managed by Fidelity. It was launched on Dec 6, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNCL or FGLGX.
Correlation
The correlation between FNCL and FGLGX is 0.77, 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
FNCL vs. FGLGX - Performance Comparison
Key characteristics
FNCL:
0.84
FGLGX:
0.21
FNCL:
1.27
FGLGX:
0.43
FNCL:
1.19
FGLGX:
1.06
FNCL:
1.03
FGLGX:
0.23
FNCL:
3.94
FGLGX:
0.83
FNCL:
4.50%
FGLGX:
5.18%
FNCL:
21.15%
FGLGX:
20.10%
FNCL:
-44.38%
FGLGX:
-36.42%
FNCL:
-9.22%
FGLGX:
-9.07%
Returns By Period
In the year-to-date period, FNCL achieves a -1.97% return, which is significantly higher than FGLGX's -3.01% return. Over the past 10 years, FNCL has outperformed FGLGX with an annualized return of 11.12%, while FGLGX has yielded a comparatively lower 7.57% annualized return.
FNCL
-1.97%
-4.62%
2.61%
18.63%
19.50%
11.12%
FGLGX
-3.01%
-3.09%
-4.04%
4.92%
14.85%
7.57%
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FNCL vs. FGLGX - Expense Ratio Comparison
FNCL has a 0.08% expense ratio, which is higher than FGLGX's 0.00% expense ratio. However, 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
FNCL vs. FGLGX — Risk-Adjusted Performance Rank
FNCL
FGLGX
FNCL vs. FGLGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Financials Index ETF (FNCL) and Fidelity Series Large Cap Stock Fund (FGLGX). 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
FNCL vs. FGLGX - Dividend Comparison
FNCL's dividend yield for the trailing twelve months is around 1.61%, less than FGLGX's 1.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNCL Fidelity MSCI Financials Index ETF | 1.61% | 1.52% | 1.91% | 2.29% | 1.75% | 2.26% | 2.17% | 2.37% | 1.60% | 1.81% | 2.17% | 1.77% |
FGLGX Fidelity Series Large Cap Stock Fund | 1.63% | 1.58% | 1.83% | 1.98% | 2.46% | 5.31% | 2.40% | 2.82% | 1.82% | 1.69% | 5.25% | 4.77% |
Drawdowns
FNCL vs. FGLGX - Drawdown Comparison
The maximum FNCL drawdown since its inception was -44.38%, which is greater than FGLGX's maximum drawdown of -36.42%. Use the drawdown chart below to compare losses from any high point for FNCL and FGLGX. For additional features, visit the drawdowns tool.
Volatility
FNCL vs. FGLGX - Volatility Comparison
Fidelity MSCI Financials Index ETF (FNCL) and Fidelity Series Large Cap Stock Fund (FGLGX) have volatilities of 14.06% and 14.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.