FCPI vs ERC

Comparison between FIDELITY STOCKS FOR INFLATION ETF (FCPI, ETF) and Allspring Multi-Sector Income Fund (ERC, ETF).

5-Year PerformanceFCPI has outperformed ERC, delivering a return of +14.0% compared to +2.2%

FCPI vs ERC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FCPI(ETF)	ERC(ETF)
Net Assets	$276M	$276M
Expense Ratio	0.15%	N/A
Max Drawdown	37.71%	61.26%
Sharpe Ratio	1.15	0.45
5Y Beta	0.89	0.29
P/E Ratio	18.54	N/A
Forward P/E	15.82	N/A
PEG Ratio	0.15	N/A
5Y Dividends CAGR	2.54%	-3.31%
5Y EPS CAGR	29.70%	N/A
Debt to Equity	49.26%	N/A
P/S Ratio	3.02	N/A
P/B Ratio	4.39	N/A

Net Assets

FCPI

$276M

Winner

ERC

$276M

Expense Ratio

FCPI

0.15%

ERC

N/A

Max Drawdown

Winner

FCPI

37.71%

ERC

61.26%

Sharpe Ratio

Winner

FCPI

1.15

ERC

0.45

5Y Beta

FCPI

0.89

Winner

ERC

0.29

P/E Ratio

FCPI

18.54

ERC

N/A

Forward P/E

FCPI

15.82

ERC

N/A

PEG Ratio

FCPI

0.15

ERC

N/A

5Y Dividends CAGR

Winner

FCPI

2.54%

ERC

-3.31%

5Y EPS CAGR

FCPI

29.70%

ERC

N/A

Debt to Equity

FCPI

49.26%

ERC

N/A

P/S Ratio

FCPI

3.02

ERC

N/A

P/B Ratio

FCPI

4.39

ERC

N/A

FCPI vs ERC - Historical Returns

Returns include dividend reinvestment.

Period	FCPI	ERC
1 month	+1.04%	+1.69%
3 months	+3.76%	+1.42%
6 months	+7.98%	+1.09%
1 year	+17.12%	+6.73%
5 years(CAGR)	+13.97%	+2.23%
10 years(CAGR)	N/A	+6.10%
Max(CAGR)	+14.48%	+6.39%

FCPI

+1.04%

Winner

ERC

+1.69%

Winner

FCPI

+3.76%

ERC

+1.42%

Winner

FCPI

+7.98%

ERC

+1.09%

Winner

FCPI

+17.12%

ERC

+6.73%

5Y(CAGR)

Winner

FCPI

+13.97%

ERC

+2.23%

10Y(CAGR)

FCPI

N/A

ERC

+6.10%

Max(CAGR)

Winner

FCPI

+14.48%

ERC

+6.39%

FCPI vs ERC - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FCPI	ERC
2026	+9.91%	+3.08%
2025	+15.44%	+11.57%
2024	+25.29%	+6.22%
2023	+16.77%	+4.86%
2022	-7.67%	-16.89%
2021	+35.59%	+19.00%
2020	+2.01%	+4.50%
2019	+4.43%	+27.12%
2018	N/A	-4.31%
2017	N/A	+11.37%
2016	N/A	+22.86%
2015	N/A	-6.98%
2014	N/A	+4.97%
2013	N/A	-7.17%
2012	N/A	+19.05%
2011	N/A	+4.26%
2010	N/A	+17.22%
2009	N/A	+46.85%
2008	N/A	-20.91%
2007	N/A	-1.03%
2006	N/A	+16.47%
2005	N/A	-7.05%
2004	N/A	+7.02%
2003	N/A	-3.51%

FCPI vs ERC Drawdown Comparison

The maximum drawdown for FCPI was -37.24%, occurring on Mar 23, 2020. Recovery took 244 trading sessions.

The maximum drawdown for ERC was -47.40%, occurring on Oct 10, 2008. Recovery took 558 trading sessions.

The current FCPI drawdown is -0.95%. The current ERC drawdown is -1.52%.

Rank	FCPI	ERC
#1	-37.24% Jan 17, 2020 - Jan 6, 2021	-47.40% May 7, 2007 - Jul 23, 2009
#2	-18.25% Mar 29, 2022 - Nov 30, 2023	-41.26% Feb 20, 2020 - Jan 7, 2021
#3	-17.43% Feb 19, 2025 - Jun 26, 2025	-33.58% Sep 27, 2021 - Sep 16, 2025
#4	-7.90% Jan 4, 2022 - Mar 29, 2022	-18.40% Apr 26, 2013 - Apr 29, 2016
#5	-7.87% Feb 25, 2026 - Apr 14, 2026	-13.99% Apr 16, 2018 - Feb 1, 2019
#6	-7.48% Jul 16, 2024 - Aug 23, 2024	-12.99% Feb 10, 2004 - Oct 8, 2004
#7	-7.03% Nov 29, 2024 - Jan 23, 2025	-11.66% Jun 27, 2003 - Jan 9, 2004
#8	-5.55% Nov 24, 2021 - Dec 23, 2021	-11.24% May 4, 2010 - Jul 23, 2010
#9	-5.55% Mar 28, 2024 - May 14, 2024	-10.46% Jul 21, 2011 - Jan 19, 2012
#10	-5.42% Aug 30, 2024 - Sep 19, 2024	-10.39% Dec 8, 2004 - Aug 8, 2006
#11	-5.16% Feb 10, 2021 - Mar 11, 2021	-9.75% Nov 8, 2010 - Jul 15, 2011
#12	-4.59% Jun 30, 2021 - Aug 24, 2021	-8.57% Oct 25, 2012 - Jan 17, 2013
#13	-4.56% Jun 2, 2026 - Jun 10, 2026	-7.89% Sep 7, 2016 - Dec 28, 2016
#14	-4.50% Sep 2, 2021 - Oct 14, 2021	-6.87% Feb 18, 2026 - Jun 29, 2026
#15	-4.48% Nov 12, 2025 - Dec 11, 2025	-5.09% Jan 19, 2010 - Feb 25, 2010

Correlation

Correlation between FCPI and ERC is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2003 - 2026)

FCPI vs ERC dividend yield comparison.

Year	FCPI	ERC
2026	0.69%	5.60%
2025	1.74%	9.34%
2024	1.29%	8.65%
2023	1.88%	8.44%
2022	1.77%	10.71%
2021	1.19%	8.51%
2020	3.53%	9.50%
2019	0.43%	9.35%
2018	0.00%	11.56%
2017	0.00%	9.66%
2016	0.00%	8.80%
2015	0.00%	13.67%
2014	0.00%	8.78%
2013	0.00%	8.53%
2012	0.00%	7.42%
2011	0.00%	8.23%
2010	0.00%	8.48%
2009	0.00%	9.17%
2008	0.00%	23.72%
2007	0.00%	8.27%
2006	0.00%	8.19%
2005	0.00%	9.18%
2004	0.00%	8.54%
2003	0.00%	3.83%