FXLCX vs. SVPFX
FXLCX (Fidelity Flex Large Cap Focused Index Fund) and SVPFX (Goldman Sachs Strategic Volatility Premium Fund) are both Large Cap Blend Equities funds. Over the past year, FXLCX returned 18.47% vs 5.61% for SVPFX. Their 0.35 correlation means their historical movements had little consistent relationship. FXLCX charges 0.00%/yr vs 0.38%/yr for SVPFX.
Performance
FXLCX vs. SVPFX - Performance Comparison
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Returns By Period
In the year-to-date period, FXLCX achieves a 7.87% return, which is significantly higher than SVPFX's 2.21% return.
FXLCX
- 1D
- 1.67%
- 1M
- -0.69%
- 6M
- 7.37%
- YTD
- 7.87%
- 1Y
- 18.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.07%
SVPFX
- 1D
- 0.10%
- 1M
- 0.20%
- 6M
- 2.00%
- YTD
- 2.21%
- 1Y
- 5.61%
- 3Y*
- 4.72%
- 5Y*
- 2.15%
- 10Y*
- —
- ALL TIME*
- 2.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FXLCX vs. SVPFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FXLCX Fidelity Flex Large Cap Focused Index Fund | 7.87% | 7.64% |
SVPFX Goldman Sachs Strategic Volatility Premium Fund | 2.21% | 3.43% |
Correlation
The correlation between FXLCX and SVPFX is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2025 | 0.35 |
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Return for Risk
FXLCX vs. SVPFX — Risk / Return Rank
FXLCX
SVPFX
FXLCX vs. SVPFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Large Cap Focused Index Fund (FXLCX) and Goldman Sachs Strategic Volatility Premium Fund (SVPFX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FXLCX | SVPFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.60 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 6.52 | -4.75 |
| Martin ratioReturn relative to average drawdown | 7.18 | 23.79 | -16.61 |
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Drawdowns
FXLCX vs. SVPFX - Drawdown Comparison
The maximum FXLCX drawdown since its inception was -9.23%, which is greater than SVPFX's maximum drawdown of -6.37%. Use the drawdown chart below to compare losses from any high point for FXLCX and SVPFX.
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Drawdown Indicators
| FXLCX | SVPFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.23% | -6.37% | -2.86% |
Max Drawdown (1Y)Largest decline over 1 year | -9.23% | -0.91% | -8.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.32% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -6.37% | — |
Current DrawdownCurrent decline from peak | -2.28% | 0.00% | -2.28% |
Average DrawdownAverage peak-to-trough decline | -1.49% | -1.88% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 0.25% | +2.02% |
Volatility
FXLCX vs. SVPFX - Volatility Comparison
Fidelity Flex Large Cap Focused Index Fund (FXLCX) has a higher volatility of 3.53% compared to Goldman Sachs Strategic Volatility Premium Fund (SVPFX) at 0.60%. This indicates that FXLCX's price experiences larger fluctuations and is considered to be riskier than SVPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FXLCX | SVPFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.53% | 0.60% | +2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 10.26% | 1.79% | +8.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.01% | 2.22% | +10.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.99% | 5.62% | +7.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.99% | 5.45% | +7.54% |
FXLCX vs. SVPFX - Expense Ratio Comparison
FXLCX has a 0.00% expense ratio, which is lower than SVPFX's 0.38% expense ratio.
Dividends
FXLCX vs. SVPFX - Dividend Comparison
FXLCX's dividend yield for the trailing twelve months is around 0.44%, less than SVPFX's 3.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FXLCX Fidelity Flex Large Cap Focused Index Fund | 0.44% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% |
SVPFX Goldman Sachs Strategic Volatility Premium Fund | 3.18% | 1.83% | 4.37% | 4.29% | 0.76% | 0.38% |
Frequently Asked Questions
FXLCX and SVPFX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FXLCX has higher volatility (3.53%) compared to SVPFX (0.60%). In terms of maximum drawdown, FXLCX dropped -9.23% vs SVPFX's -6.37%.
SVPFX currently has the higher Sharpe Ratio (2.68 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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