FSPGX vs. JLPSX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Large Cap Growth Index Fund (FSPGX) and JPMorgan U.S. Large Cap Core Plus Fund (JLPSX).

FSPGX is managed by Fidelity. JLPSX is managed by JPMorgan. It was launched on Nov 1, 2005.

Performance

FSPGX vs. JLPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Large Cap Growth Index Fund (FSPGX) and JPMorgan U.S. Large Cap Core Plus Fund (JLPSX). The values are adjusted to include any dividend payments, if applicable.

FSPGX vs. JLPSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSPGX Fidelity Large Cap Growth Index Fund	-9.77%	18.54%	33.27%	42.77%	-29.17%	27.57%	38.46%	36.38%	-1.79%	27.70%
JLPSX JPMorgan U.S. Large Cap Core Plus Fund	-6.67%	14.83%	37.27%	29.98%	-18.34%	28.75%	26.10%	29.96%	-7.15%	20.32%

Returns By Period

In the year-to-date period, FSPGX achieves a -9.77% return, which is significantly lower than JLPSX's -6.67% return.

FSPGX

• 1D: 3.75%
• 1M: -5.52%
• YTD: -9.77%
• 6M: -9.26%
• 1Y: 17.78%
• 3Y*: 21.16%
• 5Y*: 12.38%
• 10Y*: —

JLPSX

• 1D: 3.05%
• 1M: -5.34%
• YTD: -6.67%
• 6M: -4.59%
• 1Y: 12.84%
• 3Y*: 21.12%
• 5Y*: 13.31%
• 10Y*: 15.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSPGX vs. JLPSX - Expense Ratio Comparison

FSPGX has a 0.04% expense ratio, which is lower than JLPSX's 1.45% expense ratio.

JLPSX

JPMorgan U.S. Large Cap Core Plus Fund

FSPGX

Fidelity Large Cap Growth Index Fund

Return for Risk

FSPGX vs. JLPSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSPGX

FSPGX Risk / Return Rank: 41
FSPGX Sharpe Ratio Rank: 37
FSPGX Sortino Ratio Rank: 44
FSPGX Omega Ratio Rank: 41
FSPGX Calmar Ratio Rank: 46
FSPGX Martin Ratio Rank: 37

JLPSX

JLPSX Risk / Return Rank: 36
JLPSX Sharpe Ratio Rank: 29
JLPSX Sortino Ratio Rank: 31
JLPSX Omega Ratio Rank: 33
JLPSX Calmar Ratio Rank: 44
JLPSX Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSPGX vs. JLPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Growth Index Fund (FSPGX) and JPMorgan U.S. Large Cap Core Plus Fund (JLPSX). 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.

	FSPGX	JLPSX	Difference
Sharpe ratio Return per unit of total volatility	0.84	0.73	+0.10
Sortino ratio Return per unit of downside risk	1.36	1.16	+0.20
Omega ratio Gain probability vs. loss probability	1.19	1.17	+0.02
Calmar ratio Return relative to maximum drawdown	1.17	1.18	-0.02
Martin ratio Return relative to average drawdown	4.02	4.57	-0.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSPGX vs. JLPSX - Sharpe Ratio Comparison

The current FSPGX Sharpe Ratio is 0.84, which is comparable to the JLPSX Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of FSPGX and JLPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FSPGX	JLPSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	0.73	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.76	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.56	+0.24

Correlation

The correlation between FSPGX and JLPSX is 0.94, 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.

Dividends

FSPGX vs. JLPSX - Dividend Comparison

FSPGX's dividend yield for the trailing twelve months is around 0.38%, less than JLPSX's 3.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSPGX Fidelity Large Cap Growth Index Fund	0.38%	0.34%	0.37%	0.73%	0.86%	2.22%	1.76%	1.04%	1.32%	0.22%	0.00%	0.00%
JLPSX JPMorgan U.S. Large Cap Core Plus Fund	3.19%	2.98%	12.87%	11.67%	32.43%	28.14%	28.69%	22.82%	17.84%	13.85%	4.73%	9.24%

Drawdowns

FSPGX vs. JLPSX - Drawdown Comparison

The maximum FSPGX drawdown since its inception was -32.66%, smaller than the maximum JLPSX drawdown of -51.33%. Use the drawdown chart below to compare losses from any high point for FSPGX and JLPSX.

Drawdown Indicators

	FSPGX	JLPSX	Difference
Max Drawdown Largest peak-to-trough decline	-32.66%	-51.33%	+18.67%
Max Drawdown (1Y) Largest decline over 1 year	-16.17%	-11.71%	-4.46%
Max Drawdown (5Y) Largest decline over 5 years	-32.66%	-25.68%	-6.98%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.09%	—
Current Drawdown Current decline from peak	-13.03%	-8.35%	-4.68%
Average Drawdown Average peak-to-trough decline	-6.43%	-7.00%	+0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	3.03%	+1.67%

Volatility

FSPGX vs. JLPSX - Volatility Comparison

Fidelity Large Cap Growth Index Fund (FSPGX) has a higher volatility of 6.71% compared to JPMorgan U.S. Large Cap Core Plus Fund (JLPSX) at 5.82%. This indicates that FSPGX's price experiences larger fluctuations and is considered to be riskier than JLPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSPGX	JLPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.71%	5.82%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	12.37%	9.81%	+2.56%
Volatility (1Y) Calculated over the trailing 1-year period	22.58%	18.41%	+4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.52%	17.60%	+3.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.66%	22.40%	-0.74%