FOKFX vs. FXAIX
Compare and contrast key facts about Fidelity OTC K6 Portfolio (FOKFX) and Fidelity 500 Index Fund (FXAIX).
FOKFX is managed by Fidelity. It was launched on Jun 13, 2019. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOKFX or FXAIX.
Key characteristics
| FOKFX | FXAIX | |
|---|---|---|
| YTD Return | 29.24% | 26.66% |
| 1Y Return | 40.13% | 38.25% |
| 3Y Return (Ann) | 6.65% | 10.01% |
| 5Y Return (Ann) | 19.06% | 15.93% |
| Sharpe Ratio | 2.20 | 3.10 |
| Sortino Ratio | 2.87 | 4.13 |
| Omega Ratio | 1.39 | 1.58 |
| Calmar Ratio | 2.70 | 4.54 |
| Martin Ratio | 8.33 | 20.58 |
| Ulcer Index | 4.84% | 1.87% |
| Daily Std Dev | 18.33% | 12.38% |
| Max Drawdown | -37.76% | -33.79% |
| Current Drawdown | -1.54% | 0.00% |
Correlation
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.
Performance
FOKFX vs. FXAIX - Performance Comparison
In the year-to-date period, FOKFX achieves a 29.24% return, which is significantly higher than FXAIX's 26.66% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
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.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
Volatility
FOKFX vs. FXAIX - Volatility Comparison
Fidelity OTC K6 Portfolio (FOKFX) has a higher volatility of 5.14% compared to Fidelity 500 Index Fund (FXAIX) at 3.92%. 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.