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Fidelity Total Market Index Fund (FSKAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3159116934

CUSIP

315911693

Issuer

Fidelity

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

FSKAX has an expense ratio of 0.02%, which is considered low compared to other funds.


Expense ratio chart for FSKAX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FSKAX vs. FXAIX FSKAX vs. VTI FSKAX vs. FZROX FSKAX vs. VTSAX FSKAX vs. VOO FSKAX vs. FSPGX FSKAX vs. SPY FSKAX vs. FXNAX FSKAX vs. IVV FSKAX vs. FSMAX
Popular comparisons:
FSKAX vs. FXAIX FSKAX vs. VTI FSKAX vs. FZROX FSKAX vs. VTSAX FSKAX vs. VOO FSKAX vs. FSPGX FSKAX vs. SPY FSKAX vs. FXNAX FSKAX vs. IVV FSKAX vs. FSMAX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Total Market 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.


350.00%400.00%450.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
485.27%
394.01%
FSKAX (Fidelity Total Market Index Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity Total Market Index Fund had a return of 23.70% year-to-date (YTD) and 23.81% in the last 12 months. Over the past 10 years, Fidelity Total Market Index Fund had an annualized return of 12.34%, outperforming the S&P 500 benchmark which had an annualized return of 11.01%.


FSKAX

YTD

23.70%

1M

-0.40%

6M

8.56%

1Y

23.81%

5Y*

13.88%

10Y*

12.34%

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

Monthly Returns

The table below presents the monthly returns of FSKAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.11%5.43%3.23%-4.41%4.75%3.11%1.84%2.14%2.06%-0.71%6.66%23.70%
20236.98%-2.32%2.64%1.00%0.44%6.86%3.60%-1.95%-4.79%-2.70%9.42%5.34%26.12%
2022-6.01%-2.51%3.24%-9.01%-0.20%-8.41%9.39%-3.78%-9.32%8.16%5.28%-5.90%-19.53%
2021-0.33%3.20%3.48%5.14%0.45%2.53%1.72%2.86%-4.54%6.73%-1.48%3.81%25.66%
2020-0.13%-8.19%-13.81%13.28%5.37%2.30%5.66%7.18%-3.68%-2.13%12.23%4.47%20.79%
20198.61%3.51%1.44%3.82%-6.46%7.00%1.47%-2.01%1.72%2.12%3.80%2.87%30.72%
20185.30%-3.71%-1.98%0.34%2.82%0.67%3.35%3.47%0.15%-7.42%2.00%-9.73%-5.75%
20171.94%3.70%0.07%0.89%1.02%0.92%1.90%0.18%2.44%2.17%3.04%0.49%20.37%
2016-5.68%-0.04%7.03%0.42%1.81%0.18%4.00%0.25%0.19%-2.20%4.47%1.50%11.98%
2015-2.79%5.83%-1.02%0.46%1.39%-1.70%1.66%-6.01%-2.94%7.87%0.56%-2.59%-0.10%
2014-3.14%4.75%0.53%0.09%2.18%2.52%-1.99%4.19%-2.14%2.78%2.43%-0.01%12.49%
20135.51%1.29%3.93%1.67%2.43%-1.28%5.41%-2.87%3.66%4.26%2.89%2.66%33.45%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 84, FSKAX is among the top 16% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FSKAX is 8484
Overall Rank
The Sharpe Ratio Rank of FSKAX is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of FSKAX is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FSKAX is 8282
Omega Ratio Rank
The Calmar Ratio Rank of FSKAX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of FSKAX is 8686
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Total Market Index Fund (FSKAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FSKAX, currently valued at 1.90, compared to the broader market-1.000.001.002.003.004.001.901.90
The chart of Sortino ratio for FSKAX, currently valued at 2.54, compared to the broader market-2.000.002.004.006.008.0010.002.542.54
The chart of Omega ratio for FSKAX, currently valued at 1.35, compared to the broader market0.501.001.502.002.503.003.501.351.35
The chart of Calmar ratio for FSKAX, currently valued at 2.87, compared to the broader market0.005.0010.0015.002.872.81
The chart of Martin ratio for FSKAX, currently valued at 12.38, compared to the broader market0.0020.0040.0060.0012.3812.39
FSKAX
^GSPC

The current Fidelity Total Market Index Fund Sharpe ratio is 1.90. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Total Market Index Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.90
1.90
FSKAX (Fidelity Total Market Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Total Market Index Fund provided a 0.18% dividend yield over the last twelve months, with an annual payout of $0.29 per share. The fund has been increasing its distributions for 2 consecutive years.


1.20%1.40%1.60%1.80%2.00%$0.00$0.50$1.00$1.50$2.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.29$1.86$1.72$1.54$1.56$1.63$1.46$1.27$1.17$1.15$0.98$0.83

Dividend yield

0.18%1.41%1.62%1.15%1.45%1.80%2.06%1.66%1.82%1.96%1.63%1.54%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.26$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.26
2023$0.00$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.64$1.86
2022$0.00$0.00$0.00$0.18$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.54$1.72
2021$0.00$0.00$0.00$0.14$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.40$1.54
2020$0.00$0.00$0.00$0.23$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.33$1.56
2019$0.00$0.00$0.00$0.24$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.38$1.63
2018$0.00$0.00$0.00$0.26$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.20$1.46
2017$0.00$0.00$0.00$0.20$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.07$1.27
2016$0.00$0.00$0.00$0.18$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.99$1.17
2015$0.00$0.00$0.00$0.17$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.98$1.15
2014$0.00$0.00$0.00$0.15$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.83$0.98
2013$0.13$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.70$0.83

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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.05%
-3.58%
FSKAX (Fidelity Total Market Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Total Market 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 Total Market Index Fund was 35.01%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.

The current Fidelity Total Market Index Fund drawdown is 4.05%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-35.01%Feb 20, 202023Mar 23, 202099Aug 12, 2020122
-25.39%Jan 4, 2022197Oct 14, 2022295Dec 18, 2023492
-20.54%Sep 21, 201865Dec 24, 201884Apr 26, 2019149
-15.64%Jun 24, 2015161Feb 11, 2016103Jul 11, 2016264
-10.49%Sep 19, 201111Oct 3, 20119Oct 14, 201120

Volatility

Volatility Chart

The current Fidelity Total Market Index Fund volatility is 3.92%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.92%
3.64%
FSKAX (Fidelity Total Market Index Fund)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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