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Fidelity SAI Canada Equity Index Fund (FSCJX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

Issuer
Fidelity
Inception Date
Jul 11, 2024
Index Tracked
MSCI Canada Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity SAI Canada Equity 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.


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S&P 500 Index

Returns By Period

Fidelity SAI Canada Equity Index Fund (FSCJX) has returned -0.84% so far this year and 33.74% over the past 12 months.


Fidelity SAI Canada Equity Index Fund

1D
-0.35%
1M
-7.71%
YTD
-0.84%
6M
6.72%
1Y
33.74%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 16, 2024, FSCJX's average daily return is +0.09%, while the average monthly return is +1.76%. At this rate, your investment would double in approximately 3.3 years.

Historically, 71% of months were positive and 29% were negative. The best month was Feb 2026 with a return of +6.7%, while the worst month was Mar 2026 at -7.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 1 months.

On a daily basis, FSCJX closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +6.2%, while the worst single day was Apr 4, 2025 at -5.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.70%6.69%-7.71%-0.84%
20252.46%0.18%-1.47%4.58%5.72%3.47%-0.08%5.72%3.71%0.30%3.87%3.31%36.41%
2024-0.29%4.04%2.46%-2.04%6.42%-5.12%5.14%

Benchmark Metrics

Fidelity SAI Canada Equity Index Fund has an annualized alpha of 18.81%, beta of 0.70, and R² of 0.59 versus S&P 500 Index. Calculated based on daily prices since July 17, 2024.

  • This fund captured 114.90% of S&P 500 Index gains but only 12.88% of its losses — a favorable profile for investors.
  • This fund generated an annualized alpha of 18.81% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.70 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
18.81%
Beta
0.70
0.59
Upside Capture
114.90%
Downside Capture
12.88%

Expense Ratio

FSCJX has an expense ratio of 0.12%, which is considered low.


Return for Risk

Risk / Return Rank

FSCJX ranks 93 for risk / return — in the top 93% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


FSCJX Risk / Return Rank: 9393
Overall Rank
FSCJX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
FSCJX Sortino Ratio Rank: 9292
Sortino Ratio Rank
FSCJX Omega Ratio Rank: 9090
Omega Ratio Rank
FSCJX Calmar Ratio Rank: 9393
Calmar Ratio Rank
FSCJX Martin Ratio Rank: 9696
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 Canada Equity Index Fund (FSCJX) and compare them to a chosen benchmark (S&P 500 Index).


FSCJXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.12

0.90

+1.23

Sortino ratio

Return per unit of downside risk

2.77

1.39

+1.39

Omega ratio

Gain probability vs. loss probability

1.41

1.21

+0.20

Calmar ratio

Return relative to maximum drawdown

2.97

1.40

+1.57

Martin ratio

Return relative to average drawdown

14.26

6.61

+7.65

Explore FSCJX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity SAI Canada Equity Index Fund provided a 1.35% dividend yield over the last twelve months, with an annual payout of $0.19 per share.


1.10%1.15%1.20%1.25%1.30%$0.00$0.05$0.10$0.15$0.2020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.19$0.19$0.12

Dividend yield

1.35%1.34%1.10%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity SAI Canada Equity 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
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19$0.19
2024$0.12$0.12

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 Canada Equity 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 Canada Equity Index Fund was 12.43%, occurring on Apr 8, 2025. Recovery took 15 trading sessions.

The current Fidelity SAI Canada Equity Index Fund drawdown is 8.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.43%Feb 14, 202537Apr 8, 202515Apr 30, 202552
-8.33%Mar 3, 202614Mar 20, 2026
-6.47%Dec 6, 202410Dec 19, 202435Feb 13, 202545
-5.7%Jul 17, 202414Aug 5, 20248Aug 15, 202422
-4.15%Jan 30, 20265Feb 5, 20263Feb 10, 20268

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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