FNILX vs. ^SP500TR
Compare and contrast key facts about Fidelity ZERO Large Cap Index Fund (FNILX) and S&P 500 Total Return (^SP500TR).
FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNILX or ^SP500TR.
Correlation
The correlation between FNILX and ^SP500TR is 0.99, 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
FNILX vs. ^SP500TR - Performance Comparison
Key characteristics
FNILX:
2.13
^SP500TR:
2.23
FNILX:
2.84
^SP500TR:
2.97
FNILX:
1.39
^SP500TR:
1.42
FNILX:
3.15
^SP500TR:
3.31
FNILX:
13.80
^SP500TR:
14.64
FNILX:
1.97%
^SP500TR:
1.91%
FNILX:
12.77%
^SP500TR:
12.52%
FNILX:
-33.75%
^SP500TR:
-55.25%
FNILX:
-3.70%
^SP500TR:
-2.57%
Returns By Period
The year-to-date returns for both investments are quite close, with FNILX having a 25.28% return and ^SP500TR slightly higher at 26.03%.
FNILX
25.28%
-0.61%
8.70%
25.91%
14.69%
N/A
^SP500TR
26.03%
0.36%
9.25%
26.67%
14.81%
13.10%
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Risk-Adjusted Performance
FNILX vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity ZERO Large Cap Index Fund (FNILX) and S&P 500 Total Return (^SP500TR). 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.
Drawdowns
FNILX vs. ^SP500TR - Drawdown Comparison
The maximum FNILX drawdown since its inception was -33.75%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FNILX and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
FNILX vs. ^SP500TR - Volatility Comparison
Fidelity ZERO Large Cap Index Fund (FNILX) has a higher volatility of 4.08% compared to S&P 500 Total Return (^SP500TR) at 3.79%. This indicates that FNILX's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.