FPFIX vs. FXAIX
Compare and contrast key facts about FPA Flexible Fixed Income Fund (FPFIX) and Fidelity 500 Index Fund (FXAIX).
FPFIX is managed by FPA. It was launched on Dec 30, 2018. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPFIX or FXAIX.
Correlation
The correlation between FPFIX and FXAIX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FPFIX vs. FXAIX - Performance Comparison
Key characteristics
FPFIX:
2.21
FXAIX:
1.87
FPFIX:
3.36
FXAIX:
2.52
FPFIX:
1.44
FXAIX:
1.34
FPFIX:
3.29
FXAIX:
2.83
FPFIX:
7.92
FXAIX:
11.72
FPFIX:
0.78%
FXAIX:
2.04%
FPFIX:
2.80%
FXAIX:
12.76%
FPFIX:
-4.29%
FXAIX:
-33.79%
FPFIX:
-0.34%
FXAIX:
-0.42%
Returns By Period
In the year-to-date period, FPFIX achieves a 0.87% return, which is significantly lower than FXAIX's 4.19% return.
FPFIX
0.87%
0.57%
1.12%
6.17%
3.39%
N/A
FXAIX
4.19%
1.25%
10.54%
24.46%
14.70%
13.09%
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FPFIX vs. FXAIX - Expense Ratio Comparison
FPFIX has a 0.51% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FPFIX vs. FXAIX — Risk-Adjusted Performance Rank
FPFIX
FXAIX
FPFIX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FPA Flexible Fixed Income Fund (FPFIX) 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
FPFIX vs. FXAIX - Dividend Comparison
FPFIX's dividend yield for the trailing twelve months is around 4.89%, more than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPFIX FPA Flexible Fixed Income Fund | 4.89% | 4.76% | 4.77% | 2.91% | 1.93% | 2.61% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FPFIX vs. FXAIX - Drawdown Comparison
The maximum FPFIX drawdown since its inception was -4.29%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FPFIX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FPFIX vs. FXAIX - Volatility Comparison
The current volatility for FPA Flexible Fixed Income Fund (FPFIX) is 0.79%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.00%. This indicates that FPFIX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.