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

Performance

FOKFX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity OTC K6 Portfolio (FOKFX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.15%
13.28%
FOKFX
FXAIX

Returns By Period

The year-to-date returns for both investments are quite close, with FOKFX having a 26.35% return and FXAIX slightly higher at 26.70%.


FOKFX

YTD

26.35%

1M

1.76%

6M

6.15%

1Y

31.20%

5Y (annualized)

18.20%

10Y (annualized)

N/A

FXAIX

YTD

26.70%

1M

3.09%

6M

13.28%

1Y

32.84%

5Y (annualized)

15.78%

10Y (annualized)

13.12%

Key characteristics


FOKFXFXAIX
Sharpe Ratio1.702.68
Sortino Ratio2.283.58
Omega Ratio1.311.50
Calmar Ratio2.143.89
Martin Ratio6.3917.48
Ulcer Index4.89%1.88%
Daily Std Dev18.32%12.24%
Max Drawdown-37.76%-33.79%
Current Drawdown-3.74%-0.46%

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FOKFX vs. FXAIX - Expense Ratio Comparison

FOKFX has a 0.50% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


FOKFX
Fidelity OTC K6 Portfolio
Expense ratio chart for FOKFX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Correlation

-0.50.00.51.00.9

The correlation between FOKFX and FXAIX is 0.91, 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

FOKFX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity OTC K6 Portfolio (FOKFX) 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.


Sharpe ratio
The chart of Sharpe ratio for FOKFX, currently valued at 1.70, compared to the broader market-1.000.001.002.003.004.005.001.702.68
The chart of Sortino ratio for FOKFX, currently valued at 2.28, compared to the broader market0.005.0010.002.283.58
The chart of Omega ratio for FOKFX, currently valued at 1.31, compared to the broader market1.002.003.004.001.311.50
The chart of Calmar ratio for FOKFX, currently valued at 2.14, compared to the broader market0.005.0010.0015.0020.002.143.89
The chart of Martin ratio for FOKFX, currently valued at 6.39, compared to the broader market0.0020.0040.0060.0080.00100.006.3917.48
FOKFX
FXAIX

The current FOKFX Sharpe Ratio is 1.70, which is lower than the FXAIX Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of FOKFX 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.70
2.68
FOKFX
FXAIX

Dividends

FOKFX vs. FXAIX - Dividend Comparison

FOKFX's dividend yield for the trailing twelve months is around 0.21%, less than FXAIX's 1.21% yield.


TTM20232022202120202019201820172016201520142013
FOKFX
Fidelity OTC K6 Portfolio
0.21%0.24%0.08%0.00%0.07%0.11%0.00%0.00%0.00%0.00%0.00%0.00%
FXAIX
Fidelity 500 Index Fund
1.21%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

FOKFX vs. FXAIX - Drawdown Comparison

The maximum FOKFX drawdown since its inception was -37.76%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FOKFX and FXAIX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.74%
-0.46%
FOKFX
FXAIX

Volatility

FOKFX vs. FXAIX - Volatility Comparison

Fidelity OTC K6 Portfolio (FOKFX) has a higher volatility of 5.48% compared to Fidelity 500 Index Fund (FXAIX) at 3.96%. This indicates that FOKFX'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.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.48%
3.96%
FOKFX
FXAIX