LNCIX vs. FDFIX

Last updated Jun 24, 2026

LNCIX (Ladenburg Income Fund) and FDFIX (Fidelity Flex 500 Index Fund) are both mutual funds - LNCIX is a Diversified Portfolio fund managed by Ladenburg Thalmann, while FDFIX is a Large Cap Blend Equities fund tracking the Fidelity U.S. Large Cap Index. Over the past 5 years, LNCIX returned 2.42%/yr vs 13.53%/yr for FDFIX. A 0.77 correlation means they provide meaningful diversification when combined. LNCIX charges 0.85%/yr vs 0.00%/yr for FDFIX.

Performance

LNCIX vs. FDFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ladenburg Income Fund (LNCIX) and Fidelity Flex 500 Index Fund (FDFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LNCIX achieves a 3.04% return, which is significantly lower than FDFIX's 9.64% return.

LNCIX

• 1D: -0.18%
• 1M: 0.74%
• YTD: 3.04%
• 6M: 2.76%
• 1Y: 9.35%
• 3Y*: 6.80%
• 5Y*: 2.42%
• 10Y*: 3.48%

FDFIX

• 1D: -0.38%
• 1M: 0.31%
• YTD: 9.64%
• 6M: 8.63%
• 1Y: 25.08%
• 3Y*: 21.26%
• 5Y*: 13.53%
• 10Y*: —

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

LNCIX vs. FDFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LNCIX Ladenburg Income Fund	3.04%	8.91%	4.47%	8.46%	-12.62%	3.11%	5.76%	11.70%	-3.64%	4.34%
FDFIX Fidelity Flex 500 Index Fund	9.64%	17.59%	25.06%	26.27%	-18.10%	28.69%	18.46%	31.47%	-4.45%	14.41%

Correlation

The correlation between LNCIX and FDFIX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Mar 9, 2017	0.77

The correlation between LNCIX and FDFIX shifts across timeframes, from 0.67 (3 years) to 0.80 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

LNCIX vs. FDFIX — Risk / Return Rank

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

LNCIX

LNCIX Risk / Return Rank: 52
LNCIX Sharpe Ratio Rank: 50
LNCIX Sortino Ratio Rank: 53
LNCIX Omega Ratio Rank: 54
LNCIX Calmar Ratio Rank: 46
LNCIX Martin Ratio Rank: 55

FDFIX

FDFIX Risk / Return Rank: 61
FDFIX Sharpe Ratio Rank: 60
FDFIX Sortino Ratio Rank: 54
FDFIX Omega Ratio Rank: 56
FDFIX Calmar Ratio Rank: 65
FDFIX Martin Ratio Rank: 73

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.

LNCIX vs. FDFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ladenburg Income Fund (LNCIX) and Fidelity Flex 500 Index Fund (FDFIX). 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.

	LNCIX	FDFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.93	2.10	-0.17
Sortino ratio: Return per unit of downside risk	2.80	2.83	-0.04
Omega ratio: Gain probability vs. loss probability	1.37	1.38	-0.01
Calmar ratio: Return relative to maximum drawdown	2.47	2.95	-0.47
Martin ratio: Return relative to average drawdown	10.44	12.98	-2.54

LNCIX vs. FDFIX - Sharpe Ratio Comparison

The current LNCIX Sharpe Ratio is 1.93, which is comparable to the FDFIX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of LNCIX and FDFIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LNCIX vs. FDFIX - Drawdown Comparison

The maximum LNCIX drawdown since its inception was -16.72%, smaller than the maximum FDFIX drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for LNCIX and FDFIX.

Drawdown Indicators

	LNCIX	FDFIX	Difference
Max Drawdown Largest peak-to-trough decline	-16.72%	-33.77%	+17.05%
Max Drawdown (1Y) Largest decline over 1 year	-4.01%	-8.99%	+4.98%
Max Drawdown (3Y) Largest decline over 3 years	-8.69%	-18.76%	+10.07%
Max Drawdown (5Y) Largest decline over 5 years	-16.72%	-24.51%	+7.79%
Max Drawdown (10Y) Largest decline over 10 years	-16.72%	—	—
Current Drawdown Current decline from peak	-0.36%	-1.70%	+1.34%
Average Drawdown Average peak-to-trough decline	-3.47%	-4.56%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	2.03%	-1.08%

Volatility

LNCIX vs. FDFIX - Volatility Comparison

The current volatility for Ladenburg Income Fund (LNCIX) is 1.94%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 4.81%. This indicates that LNCIX experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LNCIX	FDFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.94%	4.81%	-2.87%
Volatility (6M) Calculated over the trailing 6-month period	4.21%	10.00%	-5.79%
Volatility (1Y) Calculated over the trailing 1-year period	5.16%	12.64%	-7.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.87%	17.05%	-10.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.70%	18.59%	-11.89%

LNCIX vs. FDFIX - Expense Ratio Comparison

LNCIX has a 0.85% expense ratio, which is higher than FDFIX's 0.00% expense ratio.

Dividends

LNCIX vs. FDFIX - Dividend Comparison

LNCIX's dividend yield for the trailing twelve months is around 3.37%, more than FDFIX's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDFIX Fidelity Flex 500 Index Fund	1.04%	1.11%	1.26%	1.48%	1.70%	1.27%	1.52%	1.78%	2.16%	0.50%
LNCIX Ladenburg Income Fund	3.37%	3.45%	2.17%	2.29%	2.02%	6.02%	1.22%	2.25%	1.80%	1.49%

Frequently Asked Questions

Can I hold both LNCIX and FDFIX in my portfolio?

LNCIX and FDFIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LNCIX or FDFIX?

FDFIX has higher volatility (4.81%) compared to LNCIX (1.94%). In terms of maximum drawdown, LNCIX dropped -16.72% vs FDFIX's -33.77%.

Which has better risk-adjusted returns?

FDFIX currently has the higher Sharpe Ratio (2.10 vs 1.93), 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.