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FPKFX vs. VIIIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FPKFXVIIIX
YTD Return20.16%26.55%
1Y Return28.36%35.58%
3Y Return (Ann)6.09%8.06%
5Y Return (Ann)12.25%13.79%
Sharpe Ratio2.822.87
Sortino Ratio3.943.84
Omega Ratio1.521.54
Calmar Ratio3.853.82
Martin Ratio17.2018.67
Ulcer Index1.66%1.90%
Daily Std Dev10.14%12.34%
Max Drawdown-24.46%-55.18%
Current Drawdown-0.54%-0.28%

Correlation

-0.50.00.51.01.0

The correlation between FPKFX and VIIIX is 0.95, 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

FPKFX vs. VIIIX - Performance Comparison

In the year-to-date period, FPKFX achieves a 20.16% return, which is significantly lower than VIIIX's 26.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
10.22%
14.80%
FPKFX
VIIIX

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FPKFX vs. VIIIX - Expense Ratio Comparison

FPKFX has a 0.32% expense ratio, which is higher than VIIIX's 0.02% expense ratio.


FPKFX
Fidelity Puritan K6 Fund
Expense ratio chart for FPKFX: current value at 0.32% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.32%
Expense ratio chart for VIIIX: 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%

Risk-Adjusted Performance

FPKFX vs. VIIIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Puritan K6 Fund (FPKFX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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.


FPKFX
Sharpe ratio
The chart of Sharpe ratio for FPKFX, currently valued at 2.82, compared to the broader market0.002.004.002.82
Sortino ratio
The chart of Sortino ratio for FPKFX, currently valued at 3.94, compared to the broader market0.005.0010.003.94
Omega ratio
The chart of Omega ratio for FPKFX, currently valued at 1.52, compared to the broader market1.002.003.004.001.52
Calmar ratio
The chart of Calmar ratio for FPKFX, currently valued at 3.85, compared to the broader market0.005.0010.0015.0020.0025.003.85
Martin ratio
The chart of Martin ratio for FPKFX, currently valued at 17.20, compared to the broader market0.0020.0040.0060.0080.00100.0017.20
VIIIX
Sharpe ratio
The chart of Sharpe ratio for VIIIX, currently valued at 2.87, compared to the broader market0.002.004.002.87
Sortino ratio
The chart of Sortino ratio for VIIIX, currently valued at 3.84, compared to the broader market0.005.0010.003.84
Omega ratio
The chart of Omega ratio for VIIIX, currently valued at 1.54, compared to the broader market1.002.003.004.001.54
Calmar ratio
The chart of Calmar ratio for VIIIX, currently valued at 3.82, compared to the broader market0.005.0010.0015.0020.0025.003.82
Martin ratio
The chart of Martin ratio for VIIIX, currently valued at 18.67, compared to the broader market0.0020.0040.0060.0080.00100.0018.67

FPKFX vs. VIIIX - Sharpe Ratio Comparison

The current FPKFX Sharpe Ratio is 2.82, which is comparable to the VIIIX Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of FPKFX and VIIIX, 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 Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.82
2.87
FPKFX
VIIIX

Dividends

FPKFX vs. VIIIX - Dividend Comparison

FPKFX's dividend yield for the trailing twelve months is around 3.22%, more than VIIIX's 1.26% yield.


TTM20232022202120202019201820172016201520142013
FPKFX
Fidelity Puritan K6 Fund
3.22%1.67%1.62%1.11%1.04%0.63%0.00%0.00%0.00%0.00%0.00%0.00%
VIIIX
Vanguard Institutional Index Fund Institutional Plus Shares
1.26%1.49%1.75%1.30%1.60%1.93%2.14%1.84%2.09%2.47%1.90%1.87%

Drawdowns

FPKFX vs. VIIIX - Drawdown Comparison

The maximum FPKFX drawdown since its inception was -24.46%, smaller than the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for FPKFX and VIIIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.54%
-0.28%
FPKFX
VIIIX

Volatility

FPKFX vs. VIIIX - Volatility Comparison

The current volatility for Fidelity Puritan K6 Fund (FPKFX) is 2.84%, while Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) has a volatility of 3.85%. This indicates that FPKFX experiences smaller price fluctuations and is considered to be less risky than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.84%
3.85%
FPKFX
VIIIX