FPKFX vs. VIIIX
Compare and contrast key facts about Fidelity Puritan K6 Fund (FPKFX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
FPKFX is managed by Fidelity. It was launched on Jun 14, 2019. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPKFX or VIIIX.
Key characteristics
| FPKFX | VIIIX | |
|---|---|---|
| YTD Return | 15.30% | 18.97% |
| 1Y Return | 23.63% | 28.26% |
| 3Y Return (Ann) | 6.43% | 9.92% |
| 5Y Return (Ann) | 11.83% | 15.31% |
| Sharpe Ratio | 2.18 | 2.20 |
| Daily Std Dev | 10.67% | 12.71% |
| Max Drawdown | -24.46% | -55.18% |
| Current Drawdown | -0.37% | -0.61% |
Correlation
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 15.30% return, which is significantly lower than VIIIX's 18.97% 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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FPKFX vs. VIIIX - Expense Ratio Comparison
FPKFX has a 0.32% expense ratio, which is higher than VIIIX's 0.02% expense ratio.
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.
Dividends
FPKFX vs. VIIIX - Dividend Comparison
FPKFX's dividend yield for the trailing twelve months is around 1.66%, less than VIIIX's 2.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPKFX Fidelity Puritan K6 Fund | 1.66% | 1.67% | 1.62% | 4.34% | 1.40% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 2.56% | 2.98% | 3.39% | 4.79% | 3.07% | 2.86% | 2.45% | 1.84% | 2.38% | 2.47% | 1.90% | 1.51% |
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.
Volatility
FPKFX vs. VIIIX - Volatility Comparison
The current volatility for Fidelity Puritan K6 Fund (FPKFX) is 3.01%, while Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) has a volatility of 3.98%. 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.