Fidelity Mid Cap Value Index Fund (FIMVX)
The fund normally invests at least 80% of assets in securities included in the Russell Midcap Value Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap value segment of the U.S. equity market.
Fund Info
ISIN | US31635T7990 |
---|---|
CUSIP | 31635T799 |
Issuer | Fidelity |
Inception Date | Jul 11, 2019 |
Category | Mid Cap Value Equities |
Min. Investment | $0 |
Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
FIMVX has an expense ratio of 0.05% which is considered to be low.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Mid Cap Value Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Mid Cap Value Index Fund had a return of 7.92% year-to-date (YTD) and 24.47% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 7.92% | 11.29% |
1 month | 5.48% | 4.87% |
6 months | 18.60% | 17.88% |
1 year | 24.47% | 29.16% |
5 years (annualized) | N/A | 13.20% |
10 years (annualized) | N/A | 10.97% |
Monthly Returns
The table below presents the monthly returns of FIMVX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -1.79% | 4.78% | 5.18% | -5.26% | 7.92% | ||||||||
2023 | 8.10% | -3.22% | -3.15% | 0.04% | -4.43% | 8.67% | 4.35% | -3.54% | -5.07% | -4.99% | 9.43% | 7.80% | 12.75% |
2022 | -4.26% | -0.47% | 3.04% | -5.98% | 1.92% | -11.01% | 8.64% | -3.05% | -9.70% | 9.45% | 6.31% | -5.11% | -12.08% |
2021 | -0.23% | 7.72% | 5.13% | 4.84% | 1.96% | -1.17% | 0.61% | 2.18% | -3.70% | 5.34% | -3.07% | 6.25% | 28.21% |
2020 | -1.93% | -9.90% | -22.67% | 13.17% | 4.69% | 1.05% | 4.61% | 4.01% | -2.29% | 0.93% | 14.02% | 4.65% | 4.74% |
2019 | -0.10% | -3.59% | 4.04% | 0.55% | 2.57% | 3.07% | 6.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIMVX is 55, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FIMVX (Fidelity Mid Cap Value Index Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Mid Cap Value Index Fund (FIMVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Mid Cap Value Index Fund granted a 1.75% dividend yield in the last twelve months. The annual payout for that period amounted to $0.48 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $0.48 | $0.48 | $0.62 | $1.49 | $0.27 | $0.13 |
Dividend yield | 1.75% | 1.89% | 2.75% | 5.62% | 1.23% | 0.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Mid Cap Value Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.26 | $0.48 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.29 | $0.62 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.22 | $0.00 | $0.00 | $0.00 | $0.27 | $1.49 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.19 | $0.27 |
2019 | $0.13 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Mid Cap Value Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Mid Cap Value Index Fund was 43.61%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current Fidelity Mid Cap Value Index Fund drawdown is 0.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-43.61% | Feb 21, 2020 | 22 | Mar 23, 2020 | 172 | Nov 24, 2020 | 194 |
-21.23% | Jan 5, 2022 | 186 | Sep 30, 2022 | 352 | Feb 27, 2024 | 538 |
-7.09% | Nov 17, 2021 | 10 | Dec 1, 2021 | 19 | Dec 29, 2021 | 29 |
-6.97% | Jul 25, 2019 | 15 | Aug 14, 2019 | 19 | Sep 11, 2019 | 34 |
-6.47% | Apr 1, 2024 | 14 | Apr 18, 2024 | — | — | — |
Volatility
Volatility Chart
The current Fidelity Mid Cap Value Index Fund volatility is 2.89%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.