PAL vs. FSKAX

Last updated Jun 3, 2026

PAL (Proficient Auto Logistics, Inc) is a stock, while FSKAX (Fidelity Total Market Index Fund) is Large Cap Blend Equities fund managed by Fidelity. Over the past year, PAL returned -22.24% vs 29.13% for FSKAX. At a 0.38 correlation, their price movements are largely independent.

Performance

PAL vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Proficient Auto Logistics, Inc (PAL) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAL achieves a -37.97% return, which is significantly lower than FSKAX's 12.08% return.

PAL

• 1D: 6.22%
• 1M: -21.32%
• YTD: -37.97%
• 6M: -33.56%
• 1Y: -22.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSKAX

• 1D: 0.24%
• 1M: 5.80%
• YTD: 12.08%
• 6M: 11.98%
• 1Y: 29.13%
• 3Y*: 22.42%
• 5Y*: 13.08%
• 10Y*: 15.09%

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

PAL vs. FSKAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PAL Proficient Auto Logistics, Inc	-37.97%	19.45%	-45.29%
FSKAX Fidelity Total Market Index Fund	12.08%	17.06%	13.58%

Correlation

The correlation between PAL and FSKAX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since May 10, 2024	0.38

Return for Risk

PAL vs. FSKAX — Risk / Return Rank

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

PAL

PAL Risk / Return Rank: 26
PAL Sharpe Ratio Rank: 27
PAL Sortino Ratio Rank: 31
PAL Omega Ratio Rank: 31
PAL Calmar Ratio Rank: 23
PAL Martin Ratio Rank: 17

FSKAX

FSKAX Risk / Return Rank: 71
FSKAX Sharpe Ratio Rank: 71
FSKAX Sortino Ratio Rank: 64
FSKAX Omega Ratio Rank: 63
FSKAX Calmar Ratio Rank: 74
FSKAX Martin Ratio Rank: 82

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.

PAL vs. FSKAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Proficient Auto Logistics, Inc (PAL) and Fidelity Total Market Index Fund (FSKAX). 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.

	PAL	FSKAX	Difference
Sharpe ratio Return per unit of total volatility	-0.30	2.46	-2.76
Sortino ratio Return per unit of downside risk	0.05	3.35	-3.30
Omega ratio Gain probability vs. loss probability	1.01	1.44	-0.44
Calmar ratio Return relative to maximum drawdown	-0.48	3.38	-3.86
Martin ratio Return relative to average drawdown	-1.09	15.52	-16.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PAL vs. FSKAX - Sharpe Ratio Comparison

The current PAL Sharpe Ratio is -0.30, which is lower than the FSKAX Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of PAL and FSKAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PAL	FSKAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.30	2.46	-2.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.48	0.85	-1.34

Drawdowns

PAL vs. FSKAX - Drawdown Comparison

The maximum PAL drawdown since its inception was -75.99%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for PAL and FSKAX.

Drawdown Indicators

	PAL	FSKAX	Difference
Max Drawdown Largest peak-to-trough decline	-75.99%	-35.01%	-40.98%
Max Drawdown (1Y) Largest decline over 1 year	-53.32%	-8.92%	-44.40%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.01%	—
Current Drawdown Current decline from peak	-70.82%	0.00%	-70.82%
Average Drawdown Average peak-to-trough decline	-49.27%	-4.02%	-45.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.66%	1.94%	+21.72%

Volatility

PAL vs. FSKAX - Volatility Comparison

Proficient Auto Logistics, Inc (PAL) has a higher volatility of 27.44% compared to Fidelity Total Market Index Fund (FSKAX) at 2.97%. This indicates that PAL's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAL	FSKAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.44%	2.97%	+24.47%
Volatility (6M) Calculated over the trailing 6-month period	51.36%	9.23%	+42.13%
Volatility (1Y) Calculated over the trailing 1-year period	74.74%	12.26%	+62.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.89%	17.41%	+56.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.89%	18.46%	+55.43%

Dividends

PAL vs. FSKAX - Dividend Comparison

PAL has not paid dividends to shareholders, while FSKAX's dividend yield for the trailing twelve months is around 0.93%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSKAX Fidelity Total Market Index Fund	0.93%	1.01%	1.19%	1.41%	1.62%	1.15%	1.45%	1.94%	2.54%	2.07%	2.43%	0.82%
PAL Proficient Auto Logistics, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PAL and FSKAX in my portfolio?

PAL and FSKAX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PAL or FSKAX?

PAL has higher volatility (27.44%) compared to FSKAX (2.97%). In terms of maximum drawdown, PAL dropped -75.99% vs FSKAX's -35.01%.

Which has better risk-adjusted returns?

FSKAX currently has the higher Sharpe Ratio (2.46 vs -0.30), 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.