Fidelity Strategic Dividend & Income Fund (FSDIX)
The investment seeks reasonable income; it also considers the potential for capital appreciation. The fund normally invests at least 80% of assets in equity securities. The advisor uses a neutral mix of approximately 50% common stocks, 15% REITs and other real estate related investments, 15% convertible securities, and 20% preferred stocks. The fund invests the fund's assets with a focus on equity securities that pay current dividends and show potential for capital appreciation, which tends to lead to investments in "value" stocks in the common stock category. It invests in domestic and foreign issuers.
Fund Info
US3161458878
316145887
Dec 23, 2003
Large-Cap
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 Strategic Dividend & Income 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 Strategic Dividend & Income Fund had a return of 16.64% year-to-date (YTD) and 19.76% in the last 12 months. Over the past 10 years, Fidelity Strategic Dividend & Income Fund had an annualized return of 5.13%, while the S&P 500 had an annualized return of 11.21%, indicating that Fidelity Strategic Dividend & Income Fund did not perform as well as the benchmark.
FSDIX
16.64%
1.62%
11.33%
19.76%
5.61%
5.13%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of FSDIX, 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 | 0.32% | 2.13% | 3.01% | -3.61% | 3.36% | 0.24% | 3.24% | 3.16% | 2.16% | -1.64% | 16.64% | ||
| 2023 | 4.75% | -2.42% | -0.06% | 0.88% | -2.66% | 4.11% | 2.04% | -1.67% | -3.46% | -2.71% | 6.46% | 1.51% | 6.36% |
| 2022 | -3.32% | -1.46% | 2.54% | -4.27% | -0.54% | -5.53% | 5.13% | -2.89% | -7.16% | 5.91% | 5.45% | -4.58% | -11.24% |
| 2021 | -0.18% | 2.16% | 3.33% | 3.60% | 1.14% | 0.90% | 1.64% | 1.60% | -3.36% | 4.22% | -2.70% | -0.60% | 12.05% |
| 2020 | -0.45% | -6.12% | -11.30% | 9.17% | 3.31% | 0.56% | 4.99% | 3.38% | -2.82% | -1.84% | 9.81% | 0.98% | 7.95% |
| 2019 | 6.46% | 2.51% | 1.97% | 1.75% | -3.30% | 4.23% | 0.87% | 0.07% | 1.17% | 1.13% | 1.60% | -2.13% | 17.21% |
| 2018 | 2.10% | -4.31% | -0.87% | 0.26% | 1.77% | 1.27% | 2.38% | 1.82% | -0.51% | -3.44% | 2.07% | -10.96% | -8.92% |
| 2017 | 0.68% | 2.86% | 0.07% | 0.64% | 0.92% | -0.00% | 1.45% | 0.20% | 0.84% | 1.34% | 2.10% | -4.04% | 7.13% |
| 2016 | -2.64% | 0.08% | 5.96% | 0.86% | 1.78% | 2.30% | 2.78% | -0.53% | 0.07% | -1.80% | 1.10% | 0.24% | 10.37% |
| 2015 | -0.42% | 2.36% | -0.88% | 0.29% | 0.27% | -2.54% | 1.44% | -4.81% | -1.10% | 5.64% | -0.28% | -2.71% | -3.09% |
| 2014 | -1.44% | 3.64% | 1.40% | 1.88% | 1.78% | 1.95% | -1.16% | 2.75% | -2.35% | 2.62% | 1.97% | 0.91% | 14.68% |
| 2013 | 3.98% | 1.41% | 3.16% | 2.85% | -0.36% | -1.68% | 3.10% | -2.98% | 2.02% | 3.11% | 1.00% | 1.89% | 18.67% |
Expense Ratio
FSDIX features an expense ratio of 0.68%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSDIX is 70, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Strategic Dividend & Income Fund (FSDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Strategic Dividend & Income Fund provided a 2.54% dividend yield over the last twelve months, with an annual payout of $0.46 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.45 | $0.41 | $0.40 | $0.43 | $0.34 | $0.45 | $0.41 | $0.41 | $0.60 | $1.34 | $0.55 |
Dividend yield | 2.54% | 2.81% | 2.65% | 2.23% | 2.65% | 2.17% | 3.36% | 2.71% | 2.78% | 4.39% | 9.15% | 3.90% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Strategic Dividend & Income 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 | $0.07 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.00 | $0.29 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.17 | $0.45 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.16 | $0.41 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.16 | $0.40 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.19 | $0.43 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.11 | $0.34 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.14 | $0.45 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.13 | $0.41 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.15 | $0.41 |
| 2015 | $0.21 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.13 | $0.60 |
| 2014 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.96 | $1.34 |
| 2013 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.30 | $0.55 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Strategic Dividend & Income 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 Strategic Dividend & Income Fund was 58.56%, occurring on Mar 9, 2009. Recovery took 764 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.56% | Oct 11, 2007 | 353 | Mar 9, 2009 | 764 | Mar 19, 2012 | 1117 |
| -31.14% | Dec 27, 2019 | 59 | Mar 23, 2020 | 163 | Nov 11, 2020 | 222 |
| -21.44% | Dec 28, 2021 | 200 | Oct 12, 2022 | 473 | Aug 30, 2024 | 673 |
| -14.61% | Dec 19, 2017 | 261 | Jan 3, 2019 | 125 | Jul 3, 2019 | 386 |
| -12.04% | Apr 29, 2015 | 200 | Feb 11, 2016 | 74 | May 27, 2016 | 274 |
Volatility
Volatility Chart
The current Fidelity Strategic Dividend & Income Fund volatility is 2.45%, 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.