PortfoliosLab logo
FXAIX vs. FNCMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FXAIX and FNCMX 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

FXAIX vs. FNCMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity 500 Index Fund (FXAIX) and Fidelity NASDAQ Composite Index Fund (FNCMX). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

FXAIX:

0.70

FNCMX:

0.57

Sortino Ratio

FXAIX:

1.12

FNCMX:

0.99

Omega Ratio

FXAIX:

1.16

FNCMX:

1.14

Calmar Ratio

FXAIX:

0.76

FNCMX:

0.63

Martin Ratio

FXAIX:

2.91

FNCMX:

2.08

Ulcer Index

FXAIX:

4.81%

FNCMX:

7.36%

Daily Std Dev

FXAIX:

19.63%

FNCMX:

25.99%

Max Drawdown

FXAIX:

-33.79%

FNCMX:

-55.08%

Current Drawdown

FXAIX:

-2.70%

FNCMX:

-4.91%

Returns By Period

In the year-to-date period, FXAIX achieves a 1.81% return, which is significantly higher than FNCMX's -0.65% return. Over the past 10 years, FXAIX has underperformed FNCMX with an annualized return of 12.65%, while FNCMX has yielded a comparatively higher 15.11% annualized return.


FXAIX

YTD

1.81%

1M

15.30%

6M

1.36%

1Y

13.45%

3Y*

16.92%

5Y*

16.86%

10Y*

12.65%

FNCMX

YTD

-0.65%

1M

20.71%

6M

1.22%

1Y

14.40%

3Y*

20.11%

5Y*

16.54%

10Y*

15.11%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fidelity 500 Index Fund

FXAIX vs. FNCMX - Expense Ratio Comparison

FXAIX has a 0.02% expense ratio, which is lower than FNCMX's 0.29% expense ratio.


Risk-Adjusted Performance

FXAIX vs. FNCMX — Risk-Adjusted Performance Rank

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

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 7171
Overall Rank
The Sharpe Ratio Rank of FXAIX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 6969
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 7474
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 7676
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 7272
Martin Ratio Rank

FNCMX
The Risk-Adjusted Performance Rank of FNCMX is 6262
Overall Rank
The Sharpe Ratio Rank of FNCMX is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of FNCMX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of FNCMX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FNCMX is 7070
Calmar Ratio Rank
The Martin Ratio Rank of FNCMX is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FXAIX vs. FNCMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity 500 Index Fund (FXAIX) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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.


The current FXAIX Sharpe Ratio is 0.70, which is comparable to the FNCMX Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of FXAIX and FNCMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

FXAIX vs. FNCMX - Dividend Comparison

FXAIX's dividend yield for the trailing twelve months is around 1.54%, more than FNCMX's 0.61% yield.


TTM20242023202220212020201920182017201620152014
FXAIX
Fidelity 500 Index Fund
1.54%1.25%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%
FNCMX
Fidelity NASDAQ Composite Index Fund
0.61%0.61%0.67%0.88%0.47%0.67%4.41%1.93%0.73%1.01%0.89%1.24%

Drawdowns

FXAIX vs. FNCMX - Drawdown Comparison

The maximum FXAIX drawdown since its inception was -33.79%, smaller than the maximum FNCMX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for FXAIX and FNCMX. For additional features, visit the drawdowns tool.


Loading data...

Volatility

FXAIX vs. FNCMX - Volatility Comparison

The current volatility for Fidelity 500 Index Fund (FXAIX) is 4.58%, while Fidelity NASDAQ Composite Index Fund (FNCMX) has a volatility of 6.01%. This indicates that FXAIX experiences smaller price fluctuations and is considered to be less risky than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...