SPMD vs. FLVCX
Compare and contrast key facts about SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) and Fidelity Leveraged Company Stock Fund (FLVCX).
SPMD is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on Nov 8, 2005. FLVCX is managed by Fidelity. It was launched on Dec 19, 2000.
Performance
SPMD vs. FLVCX - Performance Comparison
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SPMD vs. FLVCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 2.59% | 7.44% | 13.91% | 16.48% | -13.13% | 24.76% | 13.46% | 25.19% | -10.34% | 15.12% |
FLVCX Fidelity Leveraged Company Stock Fund | -7.01% | 20.34% | 26.95% | 26.10% | -22.99% | 26.08% | 26.74% | 35.60% | -16.43% | 20.92% |
Returns By Period
In the year-to-date period, SPMD achieves a 2.59% return, which is significantly higher than FLVCX's -7.01% return. Over the past 10 years, SPMD has underperformed FLVCX with an annualized return of 10.73%, while FLVCX has yielded a comparatively higher 12.73% annualized return.
SPMD
- 1D
- 2.99%
- 1M
- -5.29%
- YTD
- 2.59%
- 6M
- 4.27%
- 1Y
- 17.37%
- 3Y*
- 12.11%
- 5Y*
- 6.60%
- 10Y*
- 10.73%
FLVCX
- 1D
- -2.55%
- 1M
- -11.46%
- YTD
- -7.01%
- 6M
- -6.89%
- 1Y
- 25.63%
- 3Y*
- 18.63%
- 5Y*
- 9.69%
- 10Y*
- 12.73%
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SPMD vs. FLVCX - Expense Ratio Comparison
SPMD has a 0.05% expense ratio, which is lower than FLVCX's 0.74% expense ratio.
Return for Risk
SPMD vs. FLVCX — Risk / Return Rank
SPMD
FLVCX
SPMD vs. FLVCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) and Fidelity Leveraged Company Stock Fund (FLVCX). 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.
| SPMD | FLVCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 0.94 | -0.12 |
Sortino ratioReturn per unit of downside risk | 1.30 | 1.44 | -0.14 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.54 | -0.28 |
Martin ratioReturn relative to average drawdown | 5.41 | 5.56 | -0.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPMD | FLVCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.94 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.43 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.55 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.50 | -0.07 |
Correlation
The correlation between SPMD and FLVCX is 0.85, 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.
Dividends
SPMD vs. FLVCX - Dividend Comparison
SPMD's dividend yield for the trailing twelve months is around 1.37%, less than FLVCX's 5.08% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 1.37% | 1.39% | 1.42% | 1.47% | 1.64% | 1.24% | 1.30% | 1.57% | 1.85% | 1.97% | 2.13% | 5.33% |
FLVCX Fidelity Leveraged Company Stock Fund | 5.08% | 4.72% | 14.53% | 12.19% | 18.49% | 8.40% | 0.11% | 0.10% | 19.91% | 18.96% | 27.48% | 6.18% |
Drawdowns
SPMD vs. FLVCX - Drawdown Comparison
The maximum SPMD drawdown since its inception was -57.62%, smaller than the maximum FLVCX drawdown of -70.02%. Use the drawdown chart below to compare losses from any high point for SPMD and FLVCX.
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Drawdown Indicators
| SPMD | FLVCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.62% | -70.02% | +12.40% |
Max Drawdown (1Y)Largest decline over 1 year | -14.12% | -14.31% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -24.08% | -28.54% | +4.46% |
Max Drawdown (10Y)Largest decline over 10 years | -41.86% | -44.14% | +2.28% |
Current DrawdownCurrent decline from peak | -6.13% | -13.06% | +6.93% |
Average DrawdownAverage peak-to-trough decline | -8.18% | -11.06% | +2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 3.95% | -0.68% |
Volatility
SPMD vs. FLVCX - Volatility Comparison
The current volatility for SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is 6.56%, while Fidelity Leveraged Company Stock Fund (FLVCX) has a volatility of 8.24%. This indicates that SPMD experiences smaller price fluctuations and is considered to be less risky than FLVCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPMD | FLVCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.56% | 8.24% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 11.95% | 16.09% | -4.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.11% | 27.02% | -5.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.71% | 22.51% | -2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.18% | 23.22% | -2.04% |