FVWSX vs. FNILX
Compare and contrast key facts about Fidelity Series Opportunistic Insights Fund (FVWSX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FVWSX is managed by Fidelity. It was launched on Dec 6, 2012. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FVWSX or FNILX.
Key characteristics
| FVWSX | FNILX | |
|---|---|---|
| YTD Return | 38.34% | 27.36% |
| 1Y Return | 45.36% | 35.69% |
| 3Y Return (Ann) | 2.18% | 9.88% |
| 5Y Return (Ann) | 7.67% | 15.89% |
| Sharpe Ratio | 3.06 | 3.08 |
| Sortino Ratio | 4.02 | 4.08 |
| Omega Ratio | 1.57 | 1.58 |
| Calmar Ratio | 1.72 | 4.44 |
| Martin Ratio | 17.95 | 20.23 |
| Ulcer Index | 2.64% | 1.89% |
| Daily Std Dev | 15.53% | 12.42% |
| Max Drawdown | -43.63% | -33.75% |
| Current Drawdown | -0.34% | -0.23% |
Correlation
The correlation between FVWSX and FNILX is 0.93, 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
FVWSX vs. FNILX - Performance Comparison
In the year-to-date period, FVWSX achieves a 38.34% return, which is significantly higher than FNILX's 27.36% 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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FVWSX vs. FNILX - Expense Ratio Comparison
FVWSX has a 0.00% expense ratio, which is lower than FNILX's 0.00% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FVWSX vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Opportunistic Insights Fund (FVWSX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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
FVWSX vs. FNILX - Dividend Comparison
FVWSX's dividend yield for the trailing twelve months is around 0.74%, less than FNILX's 1.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVWSX Fidelity Series Opportunistic Insights Fund | 0.74% | 1.02% | 1.28% | 0.97% | 0.77% | 0.85% | 0.84% | 0.60% | 0.03% | 1.31% | 3.74% | 1.09% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.05% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FVWSX vs. FNILX - Drawdown Comparison
The maximum FVWSX drawdown since its inception was -43.63%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for FVWSX and FNILX. For additional features, visit the drawdowns tool.
Volatility
FVWSX vs. FNILX - Volatility Comparison
Fidelity Series Opportunistic Insights Fund (FVWSX) has a higher volatility of 4.32% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 3.81%. This indicates that FVWSX's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.