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ISIN
US31635V8283
CUSIP
31635V828
Issuer
Fidelity
Inception Date
Jan 5, 2016
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

FIONX Performance Chart

Fidelity SAI International Index Fund (FIONX) is up 10.5% since the beginning of the year. FIONX is currently trading at $19 per share. Investors who bought $1,000 worth of FIONX shares 5 years ago would now be looking at an investment worth $1,569.


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S&P 500 Index

Returns By Period

Fidelity SAI International Index Fund (FIONX) has returned 10.54% so far this year and 25.40% over the past 12 months.


Fidelity SAI International Index Fund

1D
0.78%
1M
1.95%
YTD
10.54%
6M
11.05%
1Y
25.40%
3Y*
16.27%
5Y*
9.43%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FIONX Monthly Returns History

Based on dividend-adjusted daily data since Jan 3, 2017, FIONX's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +15.0%, while the worst month was Mar 2020 at -14.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FIONX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +8.0%, while the worst single day was Mar 12, 2020 at -10.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.04%4.74%-8.22%5.73%2.58%0.94%10.54%
20254.97%2.92%-0.14%4.07%4.75%2.49%-2.43%4.72%2.37%1.04%0.63%2.83%31.85%
2024-0.37%2.81%3.38%-3.06%5.02%-2.12%2.93%3.32%0.85%-5.53%-0.21%-2.87%3.64%
20238.51%-2.90%3.07%2.82%-3.96%4.52%2.73%-3.77%-3.61%-3.19%8.48%5.39%18.22%
2022-3.82%-3.16%0.15%-6.59%1.87%-9.08%5.17%-5.75%-9.45%5.95%13.90%-1.84%-14.19%
2021-1.22%2.25%2.42%3.03%3.73%-1.45%0.77%1.60%-3.36%3.05%-4.34%4.68%11.24%

Benchmark Metrics

Fidelity SAI International Index Fund has an annualized alpha of -0.19%, beta of 0.74, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since January 03, 2017.

  • This fund participated in 86.75% of S&P 500 Index downside but only 74.63% of its upside - more exposed to losses than it benefited from rallies.

Alpha
-0.19%
Beta
0.74
0.68
Upside Capture
74.63%
Downside Capture
86.75%

Expense Ratio

FIONX has an expense ratio of 0.04%, which is considered low.


Return for Risk

Risk / Return Rank

FIONX ranks 36 for risk / return — below 36% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


FIONX Risk / Return Rank: 3636
Overall Rank
FIONX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
FIONX Sortino Ratio Rank: 3434
Sortino Ratio Rank
FIONX Omega Ratio Rank: 3434
Omega Ratio Rank
FIONX Calmar Ratio Rank: 3636
Calmar Ratio Rank
FIONX Martin Ratio Rank: 3939
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity SAI International Index Fund (FIONX) and compare them to S&P 500 Index.

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.


FIONXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.43

Sortino ratioReturn per unit of downside risk

-0.48

Omega ratioGain probability vs. loss probability

1.29

1.37

-0.08

Calmar ratioReturn relative to maximum drawdown

2.15

2.78

-0.63

Martin ratioReturn relative to average drawdown

8.03

12.44

-4.41

Dividends

Dividend History

Fidelity SAI International Index Fund provided a 2.96% dividend yield over the last twelve months, with an annual payout of $0.57 per share. The fund has been increasing its distributions for 2 consecutive years.


0.50%1.00%1.50%2.00%2.50%3.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.57$0.57$0.42$0.30$0.39$0.38$0.25$0.39$0.31$0.06

Dividend yield

2.96%3.28%3.06%2.18%3.34%2.65%1.91%3.16%3.00%0.52%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity SAI International Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.57$0.57
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42$0.42
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.30$0.30
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.39$0.39
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.38$0.38

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity SAI International 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 SAI International Index Fund was 33.69%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-33.69%Mar 2020
2y 1mo7mo 28d
2y 9moJan 2018 - Nov 2020
Bear market2022
-29.49%Sep 2022
1y 19d1y 4mo
2y 5moSep 2021 - Feb 2024
2025 selloff2025
-13.62%Apr 2025
19d22d
1mo 11dMar 2025 - Apr 2025
2026 correction2026
-11.40%Mar 2026
18d2mo 27d
3mo 15dMar 2026 - Jun 2026
2025 correction2025
-10.29%Jan 2025
3mo 18d1mo 21d
5mo 9dSep 2024 - Mar 2025

Drawdown Indicators


FIONXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-33.69%

-56.78%

+23.09%

Max Drawdown (1Y)

Largest decline over 1 year

-11.40%

-9.10%

-2.30%

Max Drawdown (3Y)

Largest decline over 3 years

-13.62%

-18.90%

+5.28%

Max Drawdown (5Y)

Largest decline over 5 years

-29.49%

-25.43%

-4.06%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-6.35%

-10.71%

+4.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.04%

2.03%

+1.01%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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