- Issuer
- Fidelity
- Inception Date
- Jun 25, 2021
- Category
- Foreign Small & Mid Cap Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FSISX Performance Chart
Fidelity SAI International Small Cap Index Fund (FSISX) is up 9.4% since the beginning of the year. FSISX is currently trading at $11 per share. Investors who bought $1,000 worth of FSISX shares 5 years ago would now be looking at an investment worth $1,339.
Loading charts...
Returns By Period
Fidelity SAI International Small Cap Index Fund (FSISX) has returned 9.43% so far this year and 24.45% over the past 12 months.
Fidelity SAI International Small Cap Index Fund
- 1D
- 0.18%
- 1M
- -0.26%
- YTD
- 9.43%
- 6M
- 10.28%
- 1Y
- 24.45%
- 3Y*
- 15.40%
- 5Y*
- 6.02%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FSISX Monthly Returns History
Based on dividend-adjusted daily data since May 27, 2021, FSISX's average daily return is +0.03%, while the average monthly return is +0.56%. At this rate, an investment would double in approximately 10.3 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2022 with a return of +12.5%, while the worst month was Sep 2022 at -11.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FSISX closed higher 49% of trading days. The best single day was Nov 10, 2022 with a return of +5.9%, while the worst single day was Apr 4, 2025 at -6.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.29% | 5.21% | -9.21% | 7.27% | 3.57% | -2.07% | 9.43% | ||||||
| 2025 | 3.08% | 0.48% | 0.71% | 5.31% | 5.94% | 4.55% | -0.91% | 4.90% | 1.75% | -0.67% | 1.25% | 2.48% | 32.61% |
| 2024 | -2.55% | 1.24% | 3.44% | -2.97% | 5.14% | -3.26% | 5.78% | 1.59% | 2.46% | -6.23% | 0.58% | -2.74% | 1.74% |
| 2023 | 7.85% | -2.84% | 0.38% | 2.02% | -4.09% | 2.84% | 4.02% | -3.14% | -4.61% | -5.23% | 9.24% | 7.51% | 13.23% |
| 2022 | -6.41% | -2.39% | -0.45% | -7.16% | 0.36% | -10.80% | 6.86% | -5.42% | -11.45% | 4.66% | 12.50% | -1.05% | -21.18% |
| 2021 | 0.60% | -1.79% | 1.72% | 2.79% | -4.07% | 2.12% | -5.14% | 3.75% | -0.40% |
Benchmark Metrics
Fidelity SAI International Small Cap Index Fund has an annualized alpha of -2.16%, beta of 0.68, and R2 of 0.53 versus S&P 500 Index. Calculated based on daily prices since May 27, 2021.
- This fund participated in 95.54% of S&P 500 Index downside but only 71.08% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.16% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Beta of 0.68 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
- -2.16%
- Beta
- 0.68
- R²
- 0.53
- Upside Capture
- 71.08%
- Downside Capture
- 95.54%
Expense Ratio
FSISX has an expense ratio of 0.10%, which is considered low.
Return for Risk
Risk / Return Rank
FSISX ranks 37 for risk / return — below 37% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity SAI International Small Cap Index Fund (FSISX) 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.
| FSISX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 2.78 | -0.77 |
| Martin ratioReturn relative to average drawdown | 7.37 | 12.44 | -5.07 |
Dividends
Dividend History
Fidelity SAI International Small Cap Index Fund provided a 3.38% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.38 | $0.27 | $0.26 | $0.23 | $0.13 |
Dividend yield | 3.38% | 3.70% | 3.33% | 3.13% | 3.02% | 1.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity SAI International Small Cap 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.38 | $0.38 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2021 | $0.13 | $0.13 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity SAI International Small Cap 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 Small Cap Index Fund was 36.84%, occurring on Oct 12, 2022. Recovery took 660 trading sessions.
The current Fidelity SAI International Small Cap Index Fund drawdown is 2.07%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -36.84%Oct 2022 | 1y 1mo | 2y 7mo | 3y 8moSep 2021 - Jun 2025 |
2026 correction2026 | -11.73%Mar 2026 | 28d | 1mo 27d | 2mo 25dMar 2026 - May 2026 |
2025 pullback2025 | -6.03%Nov 2025 | 23d | 25d | 1mo 18dOct 2025 - Dec 2025 |
2021 pullback2021 | -5.49%Jul 2021 | 1mo 10d | 25d | 2mo 5dJun 2021 - Aug 2021 |
2026 pullback2026 | -4.91%Jun 2026 | 9d | — | 23d 5mJun 2026 - now |
Drawdown Indicators
| FSISX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.84% | -56.78% | +19.94% |
Max Drawdown (1Y)Largest decline over 1 year | -11.73% | -9.10% | -2.63% |
Max Drawdown (3Y)Largest decline over 3 years | -14.75% | -18.90% | +4.15% |
Max Drawdown (5Y)Largest decline over 5 years | -36.84% | -25.43% | -11.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.07% | -1.80% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -10.71% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 2.03% | +1.16% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FSISX
Add Fidelity SAI International Small Cap Index Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FSISX