Performance
FNILX vs. SPY - Performance Comparison
The year-to-date returns for both stocks are quite close, with FNILX having a 17.45% return and SPY slightly lower at 17.38%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
FNILX
SPY
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FNILX vs. SPY - Expense Ratio Comparison
FNILX has a 0.00% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FNILX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity ZERO Large Cap Index Fund (FNILX) and SPDR S&P 500 ETF (SPY). 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.
FNILX vs. SPY - Sharpe Ratio Comparison
The current FNILX Sharpe Ratio is 1.99, which roughly equals the SPY Sharpe Ratio of 2.00. The chart below compares the 12-month rolling Sharpe Ratio of FNILX and SPY.
FNILX
SPY
Dividends
FNILX vs. SPY - Dividend Comparison
FNILX's dividend yield for the trailing twelve months is around 1.14%, less than SPY's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNILX Fidelity ZERO Large Cap Index Fund | 1.14% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.23% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FNILX vs. SPY - Drawdown Comparison
The maximum FNILX drawdown since its inception was -33.75%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FNILX and SPY. For additional features, visit the drawdowns tool.
FNILX
SPY
Volatility
FNILX vs. SPY - Volatility Comparison
Fidelity ZERO Large Cap Index Fund (FNILX) and SPDR S&P 500 ETF (SPY) have volatilities of 4.63% and 4.45%, 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.
FNILX
SPY
