FSLVX vs. SPY
Compare and contrast key facts about Fidelity Stock Selector Large Cap Value Fund (FSLVX) and SPDR S&P 500 ETF (SPY).
FSLVX is managed by Fidelity. It was launched on Nov 15, 2001. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLVX or SPY.
Correlation
The correlation between FSLVX and SPY is 0.92, 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
FSLVX vs. SPY - Performance Comparison
Key characteristics
FSLVX:
0.58
SPY:
0.50
FSLVX:
1.00
SPY:
0.88
FSLVX:
1.15
SPY:
1.13
FSLVX:
0.69
SPY:
0.56
FSLVX:
2.62
SPY:
2.17
FSLVX:
3.95%
SPY:
4.85%
FSLVX:
15.90%
SPY:
20.02%
FSLVX:
-60.42%
SPY:
-55.19%
FSLVX:
-5.54%
SPY:
-7.65%
Returns By Period
In the year-to-date period, FSLVX achieves a 0.12% return, which is significantly higher than SPY's -3.42% return. Over the past 10 years, FSLVX has underperformed SPY with an annualized return of 8.68%, while SPY has yielded a comparatively higher 12.35% annualized return.
FSLVX
0.12%
4.11%
-3.45%
9.22%
15.62%
8.68%
SPY
-3.42%
2.87%
-5.06%
9.87%
15.76%
12.35%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSLVX vs. SPY - Expense Ratio Comparison
FSLVX has a 0.76% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FSLVX vs. SPY — Risk-Adjusted Performance Rank
FSLVX
SPY
FSLVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Stock Selector Large Cap Value Fund (FSLVX) and SPDR S&P 500 ETF (SPY). 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
FSLVX vs. SPY - Dividend Comparison
FSLVX's dividend yield for the trailing twelve months is around 10.48%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLVX Fidelity Stock Selector Large Cap Value Fund | 10.48% | 10.40% | 2.50% | 8.31% | 4.35% | 2.18% | 1.58% | 7.55% | 1.10% | 1.29% | 1.26% | 0.92% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FSLVX vs. SPY - Drawdown Comparison
The maximum FSLVX drawdown since its inception was -60.42%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FSLVX and SPY. For additional features, visit the drawdowns tool.
Volatility
FSLVX vs. SPY - Volatility Comparison
The current volatility for Fidelity Stock Selector Large Cap Value Fund (FSLVX) is 5.23%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.48%. This indicates that FSLVX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.