YACKX vs. FLPSX

Last updated Jun 24, 2026

YACKX (AMG Yacktman Fund) and FLPSX (Fidelity Low-Priced Stock Fund) are both mutual funds - YACKX is a Large Cap Value Equities fund managed by AMG, while FLPSX is a Mid Cap Value Equities fund actively managed by Fidelity. Over the past 10 years, YACKX returned 12.37%/yr vs 11.42%/yr for FLPSX. A 0.78 correlation means they provide meaningful diversification when combined. YACKX charges 0.71%/yr vs 0.87%/yr for FLPSX.

Performance

YACKX vs. FLPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AMG Yacktman Fund (YACKX) and Fidelity Low-Priced Stock Fund (FLPSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YACKX achieves a 14.69% return, which is significantly higher than FLPSX's 10.70% return. Over the past 10 years, YACKX has outperformed FLPSX with an annualized return of 12.37%, while FLPSX has yielded a comparatively lower 11.42% annualized return.

YACKX

• 1D: -0.88%
• 1M: -1.07%
• YTD: 14.69%
• 6M: 16.07%
• 1Y: 9.89%
• 3Y*: 13.66%
• 5Y*: 8.13%
• 10Y*: 12.37%

FLPSX

• 1D: -0.02%
• 1M: 2.47%
• YTD: 10.70%
• 6M: 9.95%
• 1Y: 21.50%
• 3Y*: 15.39%
• 5Y*: 9.05%
• 10Y*: 11.42%

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

YACKX vs. FLPSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
YACKX AMG Yacktman Fund	14.69%	1.34%	13.15%	15.46%	-7.50%	19.66%	15.25%	27.49%	2.79%	18.25%
FLPSX Fidelity Low-Priced Stock Fund	10.70%	14.69%	7.23%	14.41%	-5.69%	24.46%	9.34%	25.75%	-10.80%	18.88%

Correlation

The correlation between YACKX and FLPSX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jul 2, 1992	0.78

The correlation between YACKX and FLPSX shifts across timeframes, from 0.66 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

YACKX vs. FLPSX — Risk / Return Rank

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

YACKX

YACKX Risk / Return Rank: 8
YACKX Sharpe Ratio Rank: 7
YACKX Sortino Ratio Rank: 6
YACKX Omega Ratio Rank: 12
YACKX Calmar Ratio Rank: 7
YACKX Martin Ratio Rank: 7

FLPSX

FLPSX Risk / Return Rank: 43
FLPSX Sharpe Ratio Rank: 42
FLPSX Sortino Ratio Rank: 44
FLPSX Omega Ratio Rank: 40
FLPSX Calmar Ratio Rank: 47
FLPSX Martin Ratio Rank: 42

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.

YACKX vs. FLPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AMG Yacktman Fund (YACKX) and Fidelity Low-Priced Stock Fund (FLPSX). 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.

	YACKX	FLPSX	Difference
Sharpe ratio: Return per unit of total volatility	0.50	1.75	-1.25
Sortino ratio: Return per unit of downside risk	0.64	2.58	-1.94
Omega ratio: Gain probability vs. loss probability	1.16	1.31	-0.15
Calmar ratio: Return relative to maximum drawdown	0.60	2.51	-1.91
Martin ratio: Return relative to average drawdown	1.73	8.54	-6.81

YACKX vs. FLPSX - Sharpe Ratio Comparison

The current YACKX Sharpe Ratio is 0.50, which is lower than the FLPSX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of YACKX and FLPSX, 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

YACKX vs. FLPSX - Drawdown Comparison

The maximum YACKX drawdown since its inception was -46.65%, smaller than the maximum FLPSX drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for YACKX and FLPSX.

Drawdown Indicators

	YACKX	FLPSX	Difference
Max Drawdown Largest peak-to-trough decline	-46.65%	-54.81%	+8.16%
Max Drawdown (1Y) Largest decline over 1 year	-16.30%	-8.87%	-7.43%
Max Drawdown (3Y) Largest decline over 3 years	-18.30%	-17.66%	-0.64%
Max Drawdown (5Y) Largest decline over 5 years	-19.86%	-18.76%	-1.10%
Max Drawdown (10Y) Largest decline over 10 years	-30.93%	-38.16%	+7.23%
Current Drawdown Current decline from peak	-4.83%	-1.11%	-3.72%
Average Drawdown Average peak-to-trough decline	-5.27%	-5.65%	+0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.62%	2.60%	+3.02%

Volatility

YACKX vs. FLPSX - Volatility Comparison

AMG Yacktman Fund (YACKX) has a higher volatility of 4.96% compared to Fidelity Low-Priced Stock Fund (FLPSX) at 3.44%. This indicates that YACKX's price experiences larger fluctuations and is considered to be riskier than FLPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YACKX	FLPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	3.44%	+1.52%
Volatility (6M) Calculated over the trailing 6-month period	19.88%	9.15%	+10.73%
Volatility (1Y) Calculated over the trailing 1-year period	19.73%	12.77%	+6.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.16%	17.20%	-0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.19%	17.37%	-1.18%

YACKX vs. FLPSX - Expense Ratio Comparison

YACKX has a 0.71% expense ratio, which is lower than FLPSX's 0.87% expense ratio.

Dividends

YACKX vs. FLPSX - Dividend Comparison

YACKX has not paid dividends to shareholders, while FLPSX's dividend yield for the trailing twelve months is around 12.00%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLPSX Fidelity Low-Priced Stock Fund	12.00%	13.28%	16.24%	18.29%	9.45%	12.11%	11.14%	8.14%	13.45%	7.45%	4.85%	4.04%
YACKX AMG Yacktman Fund	0.00%	0.00%	17.32%	4.39%	7.35%	3.72%	10.82%	16.84%	23.06%	10.67%	8.57%	13.66%

Frequently Asked Questions

Can I hold both YACKX and FLPSX in my portfolio?

YACKX and FLPSX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YACKX or FLPSX?

YACKX has higher volatility (4.96%) compared to FLPSX (3.44%). In terms of maximum drawdown, YACKX dropped -46.65% vs FLPSX's -54.81%.

Which has better risk-adjusted returns?

FLPSX currently has the higher Sharpe Ratio (1.75 vs 0.50), 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.