TRLUX vs. FLCOX

Last updated Apr 2, 2026

Compare and contrast key facts about T. Rowe Price Large Cap Value Fund Investor Class (TRLUX) and Fidelity Large Cap Value Index Fund (FLCOX).

TRLUX is an actively managed fund by T. Rowe Price. It was launched on May 4, 2020. FLCOX is a passively managed fund by Fidelity that tracks the performance of the Russell 1000 Value Index. It was launched on Jun 7, 2016.

Performance

TRLUX vs. FLCOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Large Cap Value Fund Investor Class (TRLUX) and Fidelity Large Cap Value Index Fund (FLCOX). The values are adjusted to include any dividend payments, if applicable.

TRLUX vs. FLCOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TRLUX T. Rowe Price Large Cap Value Fund Investor Class	2.19%	11.66%	11.14%	9.51%	-5.25%	21.12%	36.65%
FLCOX Fidelity Large Cap Value Index Fund	2.08%	15.90%	14.38%	11.48%	-7.57%	25.09%	30.29%

Returns By Period

In the year-to-date period, TRLUX achieves a 2.19% return, which is significantly higher than FLCOX's 2.08% return.

TRLUX

• 1D: 1.88%
• 1M: -5.09%
• YTD: 2.19%
• 6M: 6.36%
• 1Y: 10.42%
• 3Y*: 12.14%
• 5Y*: 6.97%
• 10Y*: —

FLCOX

• 1D: 2.13%
• 1M: -4.69%
• YTD: 2.08%
• 6M: 5.86%
• 1Y: 15.94%
• 3Y*: 14.30%
• 5Y*: 9.21%
• 10Y*: —

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

TRLUX vs. FLCOX - Expense Ratio Comparison

TRLUX has a 0.70% expense ratio, which is higher than FLCOX's 0.04% expense ratio.

TRLUX

T. Rowe Price Large Cap Value Fund Investor Class

FLCOX

Fidelity Large Cap Value Index Fund

Return for Risk

TRLUX vs. FLCOX — Risk / Return Rank

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

TRLUX

TRLUX Risk / Return Rank: 20
TRLUX Sharpe Ratio Rank: 20
TRLUX Sortino Ratio Rank: 19
TRLUX Omega Ratio Rank: 21
TRLUX Calmar Ratio Rank: 18
TRLUX Martin Ratio Rank: 22

FLCOX

FLCOX Risk / Return Rank: 57
FLCOX Sharpe Ratio Rank: 51
FLCOX Sortino Ratio Rank: 52
FLCOX Omega Ratio Rank: 54
FLCOX Calmar Ratio Rank: 60
FLCOX Martin Ratio Rank: 70

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.

TRLUX vs. FLCOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Large Cap Value Fund Investor Class (TRLUX) and Fidelity Large Cap Value Index Fund (FLCOX). 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.

	TRLUX	FLCOX	Difference
Sharpe ratio Return per unit of total volatility	0.66	1.02	-0.35
Sortino ratio Return per unit of downside risk	0.99	1.48	-0.48
Omega ratio Gain probability vs. loss probability	1.15	1.22	-0.07
Calmar ratio Return relative to maximum drawdown	0.79	1.44	-0.65
Martin ratio Return relative to average drawdown	3.18	6.76	-3.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRLUX vs. FLCOX - Sharpe Ratio Comparison

The current TRLUX Sharpe Ratio is 0.66, which is lower than the FLCOX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of TRLUX and FLCOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TRLUX	FLCOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	1.02	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.62	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.54	+0.34

Correlation

The correlation between TRLUX and FLCOX is 0.96, 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

TRLUX vs. FLCOX - Dividend Comparison

TRLUX's dividend yield for the trailing twelve months is around 12.46%, more than FLCOX's 1.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRLUX T. Rowe Price Large Cap Value Fund Investor Class	12.46%	12.74%	8.27%	8.22%	19.09%	3.04%	3.01%	0.00%	0.00%	0.00%
FLCOX Fidelity Large Cap Value Index Fund	1.48%	1.51%	1.92%	1.99%	2.01%	1.55%	2.28%	3.82%	2.79%	0.60%

Drawdowns

TRLUX vs. FLCOX - Drawdown Comparison

The maximum TRLUX drawdown since its inception was -18.06%, smaller than the maximum FLCOX drawdown of -38.28%. Use the drawdown chart below to compare losses from any high point for TRLUX and FLCOX.

Drawdown Indicators

	TRLUX	FLCOX	Difference
Max Drawdown Largest peak-to-trough decline	-18.06%	-38.28%	+20.22%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-11.81%	-0.62%
Max Drawdown (5Y) Largest decline over 5 years	-18.06%	-19.00%	+0.94%
Current Drawdown Current decline from peak	-5.28%	-4.82%	-0.46%
Average Drawdown Average peak-to-trough decline	-4.14%	-4.52%	+0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	2.51%	+0.58%

Volatility

TRLUX vs. FLCOX - Volatility Comparison

T. Rowe Price Large Cap Value Fund Investor Class (TRLUX) and Fidelity Large Cap Value Index Fund (FLCOX) have volatilities of 4.35% and 4.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRLUX	FLCOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	4.38%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	8.18%	8.29%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	15.59%	15.73%	-0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.90%	14.83%	+0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.10%	17.73%	-1.63%