FNCMX vs. SWLGX
Compare and contrast key facts about Fidelity NASDAQ Composite Index Fund (FNCMX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
FNCMX is managed by Fidelity. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNCMX or SWLGX.
Performance
FNCMX vs. SWLGX - Performance Comparison
Returns By Period
In the year-to-date period, FNCMX achieves a 25.14% return, which is significantly lower than SWLGX's 28.55% return.
FNCMX
25.14%
1.07%
12.29%
33.09%
17.11%
15.23%
SWLGX
28.55%
1.88%
13.43%
35.60%
19.11%
N/A
Key characteristics
| FNCMX | SWLGX | |
|---|---|---|
| Sharpe Ratio | 1.90 | 2.15 |
| Sortino Ratio | 2.51 | 2.81 |
| Omega Ratio | 1.34 | 1.40 |
| Calmar Ratio | 2.54 | 2.75 |
| Martin Ratio | 9.53 | 10.79 |
| Ulcer Index | 3.49% | 3.34% |
| Daily Std Dev | 17.52% | 16.74% |
| Max Drawdown | -55.71% | -32.69% |
| Current Drawdown | -3.19% | -2.78% |
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FNCMX vs. SWLGX - Expense Ratio Comparison
FNCMX has a 0.29% expense ratio, which is higher than SWLGX's 0.04% expense ratio.
Correlation
The correlation between FNCMX and SWLGX is 0.98, 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.
Risk-Adjusted Performance
FNCMX vs. SWLGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Fund (FNCMX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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
FNCMX vs. SWLGX - Dividend Comparison
FNCMX's dividend yield for the trailing twelve months is around 0.53%, more than SWLGX's 0.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNCMX Fidelity NASDAQ Composite Index Fund | 0.53% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% | 0.72% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.52% | 0.67% | 0.93% | 0.57% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FNCMX vs. SWLGX - Drawdown Comparison
The maximum FNCMX drawdown since its inception was -55.71%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for FNCMX and SWLGX. For additional features, visit the drawdowns tool.
Volatility
FNCMX vs. SWLGX - Volatility Comparison
Fidelity NASDAQ Composite Index Fund (FNCMX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX) have volatilities of 5.77% and 5.50%, 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.