Compare/Updated Oct 26, 2026, refreshed every trading day
FNCMX vs FXAIX
Fidelity NASDAQ Composite Index Fund against Fidelity 500 Index Fund: 4 years of returns, risk and today’s technical read, from Kavout’s own data.
FNCMX did better over the period: $1,000 invested on October 28, 2022 would be worth $2,397 today, versus $2,023 for FXAIX. Its 3-year return was also higher, 96.6% versus 80.0%. The outperformance came with greater risk: FNCMX had 18.5% volatility over the last 12 months and a worst drawdown of -24.6%, compared with 12.6% volatility and a -19.0% drawdown for FXAIX. The funds were highly correlated, with a 0.956 correlation of daily moves, but FNCMX moved 1.30% for every 1% move in FXAIX. FNCMX won 26 of the last 48 months, while FXAIX won 22, with a typical monthly gap of 1.68 points. In short, FNCMX delivered higher returns, but FXAIX provided a smoother ride and smaller losses.
- Technical indicators are not available for this ticker yet.
- Technical indicators are not available for this ticker yet.
Head to head
Which has returned more, FNCMX or FXAIX?
FNCMX beat FXAIX in 26 of the last 48 months; FXAIX won the other 22. The typical monthly gap was 1.68 points.
Total return by period
Which is riskier?
FNCMX: Dec 16, 2024 to Apr 8, 2025; FXAIX: Feb 19, 2025 to Apr 8, 2025
- 0.956
- correlation of daily moves, 4 years
- 1.30
- FNCMX move per 1% in FXAIX
- 0.941
- correlation, last 12 months
Month by month
Of the last 48 months. The typical gap was 1.68 points.
When did they diverge?
| Month | FNCMX | FXAIX | Gap |
|---|---|---|---|
| May 2023 | +5.9% | +0.4% | +5.48 pts |
| April 2026 | +15.3% | +10.2% | +5.12 pts |
| January 2023 | +11.4% | +6.3% | +5.08 pts |
| May 2025 | +9.7% | +6.3% | +3.36 pts |
Where the numbers come from. 1000 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
What do you actually own with FNCMX and FXAIX?
- Price
- $330.69
- Price
- $264.99
Go deeper
Ask InvestGPT which one fits your portfolio.
Eight research agents read your holdings, the overlap and the tax side, then answer in plain words. Free accounts get one report a month.
More comparisons
Find another comparison.
Track both, get told when something changes.
Add FNCMX and FXAIX to a watchlist and Kavout emails you when a signal flips or a price target is hit.
Free account, no card