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 0.91, 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
FSLVX vs. SPY - Performance Comparison
Key characteristics
FSLVX:
0.71
SPY:
1.75
FSLVX:
0.98
SPY:
2.36
FSLVX:
1.14
SPY:
1.32
FSLVX:
0.67
SPY:
2.66
FSLVX:
1.99
SPY:
11.01
FSLVX:
4.43%
SPY:
2.03%
FSLVX:
12.40%
SPY:
12.77%
FSLVX:
-60.42%
SPY:
-55.19%
FSLVX:
-9.23%
SPY:
-2.12%
Returns By Period
In the year-to-date period, FSLVX achieves a 3.52% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, FSLVX has underperformed SPY with an annualized return of 6.31%, while SPY has yielded a comparatively higher 12.96% annualized return.
FSLVX
3.52%
-0.35%
-1.26%
7.50%
6.87%
6.31%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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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 1.24%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLVX Fidelity Stock Selector Large Cap Value Fund | 1.24% | 1.28% | 1.17% | 1.30% | 0.96% | 2.18% | 1.58% | 1.67% | 1.10% | 1.29% | 1.26% | 0.92% |
SPY SPDR S&P 500 ETF | 1.18% | 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 2.77%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.38%. 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.