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FNCMX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FNCMX and FXAIX is 0.93, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

FNCMX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity NASDAQ Composite Index Fund (FNCMX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

400.00%450.00%500.00%550.00%600.00%650.00%NovemberDecember2025FebruaryMarchApril
538.35%
420.04%
FNCMX
FXAIX

Key characteristics

Sharpe Ratio

FNCMX:

0.46

FXAIX:

0.56

Sortino Ratio

FNCMX:

0.81

FXAIX:

0.90

Omega Ratio

FNCMX:

1.11

FXAIX:

1.13

Calmar Ratio

FNCMX:

0.49

FXAIX:

0.58

Martin Ratio

FNCMX:

1.72

FXAIX:

2.42

Ulcer Index

FNCMX:

6.85%

FXAIX:

4.51%

Daily Std Dev

FNCMX:

25.76%

FXAIX:

19.54%

Max Drawdown

FNCMX:

-55.71%

FXAIX:

-33.79%

Current Drawdown

FNCMX:

-14.79%

FXAIX:

-10.55%

Returns By Period

In the year-to-date period, FNCMX achieves a -10.98% return, which is significantly lower than FXAIX's -6.41% return. Over the past 10 years, FNCMX has outperformed FXAIX with an annualized return of 13.45%, while FXAIX has yielded a comparatively lower 11.85% annualized return.


FNCMX

YTD

-10.98%

1M

-6.05%

6M

-6.54%

1Y

9.92%

5Y*

15.75%

10Y*

13.45%

FXAIX

YTD

-6.41%

1M

-5.00%

6M

-5.00%

1Y

9.57%

5Y*

15.90%

10Y*

11.85%

*Annualized

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FNCMX vs. FXAIX - Expense Ratio Comparison

FNCMX has a 0.29% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


Expense ratio chart for FNCMX: current value is 0.29%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FNCMX: 0.29%
Expense ratio chart for FXAIX: current value is 0.02%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FXAIX: 0.02%

Risk-Adjusted Performance

FNCMX vs. FXAIX — Risk-Adjusted Performance Rank

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

FNCMX
The Risk-Adjusted Performance Rank of FNCMX is 5858
Overall Rank
The Sharpe Ratio Rank of FNCMX is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of FNCMX is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FNCMX is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FNCMX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FNCMX is 5555
Martin Ratio Rank

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 6565
Overall Rank
The Sharpe Ratio Rank of FXAIX is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 6565
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.

FNCMX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Fund (FNCMX) and Fidelity 500 Index Fund (FXAIX). 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.


The chart of Sharpe ratio for FNCMX, currently valued at 0.46, compared to the broader market-1.000.001.002.003.00
FNCMX: 0.46
FXAIX: 0.56
The chart of Sortino ratio for FNCMX, currently valued at 0.81, compared to the broader market-2.000.002.004.006.008.00
FNCMX: 0.81
FXAIX: 0.90
The chart of Omega ratio for FNCMX, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.00
FNCMX: 1.11
FXAIX: 1.13
The chart of Calmar ratio for FNCMX, currently valued at 0.49, compared to the broader market0.002.004.006.008.0010.00
FNCMX: 0.49
FXAIX: 0.58
The chart of Martin ratio for FNCMX, currently valued at 1.72, compared to the broader market0.0010.0020.0030.0040.0050.00
FNCMX: 1.72
FXAIX: 2.42

The current FNCMX Sharpe Ratio is 0.46, which is comparable to the FXAIX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of FNCMX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.46
0.56
FNCMX
FXAIX

Dividends

FNCMX vs. FXAIX - Dividend Comparison

FNCMX's dividend yield for the trailing twelve months is around 0.68%, less than FXAIX's 1.36% yield.


TTM20242023202220212020201920182017201620152014
FNCMX
Fidelity NASDAQ Composite Index Fund
0.68%0.61%0.67%0.88%0.47%0.67%0.97%0.94%0.70%0.91%0.89%0.80%
FXAIX
Fidelity 500 Index Fund
1.36%1.25%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%

Drawdowns

FNCMX vs. FXAIX - Drawdown Comparison

The maximum FNCMX drawdown since its inception was -55.71%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FNCMX and FXAIX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-14.79%
-10.55%
FNCMX
FXAIX

Volatility

FNCMX vs. FXAIX - Volatility Comparison

Fidelity NASDAQ Composite Index Fund (FNCMX) has a higher volatility of 17.23% compared to Fidelity 500 Index Fund (FXAIX) at 14.39%. This indicates that FNCMX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
17.23%
14.39%
FNCMX
FXAIX