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Fidelity Extended Market Index Fund (FSMAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS3159117437
CUSIP315911743
IssuerFidelity
CategoryMid Cap Growth Equities
Min. Investment$0
Asset ClassEquity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

The Fidelity Extended Market Index Fund has an expense ratio of 0.04% which is considered to be low.


0.50%1.00%1.50%2.00%0.04%

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.


Fidelity Extended Market Index Fund

Popular comparisons: FSMAX vs. FXAIX, FSMAX vs. FTIHX, FSMAX vs. VIEIX, FSMAX vs. VOO, FSMAX vs. FSKAX, FSMAX vs. VO, FSMAX vs. DFSVX, FSMAX vs. SCHD, FSMAX vs. FMCSX, FSMAX vs. SCHG

Performance

Performance Chart

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


220.00%240.00%260.00%280.00%300.00%320.00%340.00%NovemberDecember2024FebruaryMarchApril
302.98%
322.50%
FSMAX (Fidelity Extended Market Index Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Fidelity Extended Market Index Fund had a return of -1.02% year-to-date (YTD) and 17.86% in the last 12 months. Over the past 10 years, Fidelity Extended Market Index Fund had an annualized return of 8.57%, while the S&P 500 had an annualized return of 10.43%, indicating that Fidelity Extended Market Index Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-1.02%5.29%
1 month-3.53%-2.47%
6 months16.57%16.40%
1 year17.86%20.88%
5 years (annualized)8.00%11.60%
10 years (annualized)8.57%10.43%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-2.38%6.04%3.35%
2023-4.89%-6.25%11.21%10.43%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FSMAX is 52, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of FSMAX is 5252
Fidelity Extended Market Index Fund(FSMAX)
The Sharpe Ratio Rank of FSMAX is 5353Sharpe Ratio Rank
The Sortino Ratio Rank of FSMAX is 5454Sortino Ratio Rank
The Omega Ratio Rank of FSMAX is 4949Omega Ratio Rank
The Calmar Ratio Rank of FSMAX is 5050Calmar Ratio Rank
The Martin Ratio Rank of FSMAX is 5555Martin 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 Extended Market Index Fund (FSMAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FSMAX
Sharpe ratio
The chart of Sharpe ratio for FSMAX, currently valued at 0.99, compared to the broader market-1.000.001.002.003.004.000.99
Sortino ratio
The chart of Sortino ratio for FSMAX, currently valued at 1.53, compared to the broader market-2.000.002.004.006.008.0010.0012.001.53
Omega ratio
The chart of Omega ratio for FSMAX, currently valued at 1.17, compared to the broader market1.001.502.002.503.001.17
Calmar ratio
The chart of Calmar ratio for FSMAX, currently valued at 0.55, compared to the broader market0.002.004.006.008.0010.0012.000.55
Martin ratio
The chart of Martin ratio for FSMAX, currently valued at 3.30, compared to the broader market0.0020.0040.0060.003.30
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.79, compared to the broader market-1.000.001.002.003.004.001.79
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.0010.0012.002.61
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.36, compared to the broader market0.002.004.006.008.0010.0012.001.36
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.21, compared to the broader market0.0020.0040.0060.007.21

Sharpe Ratio

The current Fidelity Extended Market Index Fund Sharpe ratio is 0.99. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
0.99
1.79
FSMAX (Fidelity Extended Market Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Extended Market Index Fund granted a 1.07% dividend yield in the last twelve months. The annual payout for that period amounted to $0.83 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.83$0.92$1.20$6.53$1.79$2.80$3.23$3.48$2.69$3.30$3.00$2.18

Dividend yield

1.07%1.17%1.90%7.49%2.14%4.30%6.09%5.61%4.85%6.58%5.43%4.09%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.09$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.83
2022$0.00$0.00$0.00$0.36$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.84
2021$0.00$0.00$0.00$5.36$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.17
2020$0.00$0.00$0.00$0.97$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.82
2019$0.00$0.00$0.00$1.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.80
2018$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.17
2017$0.00$0.00$0.00$0.69$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.79
2016$0.00$0.00$0.00$0.46$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.23
2015$0.00$0.00$0.00$0.89$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.42
2014$0.00$0.00$0.00$0.96$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.04
2013$0.38$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.80

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-16.14%
-4.42%
FSMAX (Fidelity Extended Market Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Extended 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 Extended Market Index Fund was 41.67%, occurring on Mar 18, 2020. Recovery took 112 trading sessions.

The current Fidelity Extended Market Index Fund drawdown is 16.14%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-41.67%Feb 21, 202019Mar 18, 2020112Aug 26, 2020131
-36.31%Nov 9, 2021152Jun 16, 2022
-25.01%Jun 24, 2015161Feb 11, 2016193Nov 15, 2016354
-24.84%Sep 4, 201878Dec 24, 2018232Nov 25, 2019310
-14.45%Sep 19, 201111Oct 3, 201115Oct 24, 201126

Volatility

Volatility Chart

The current Fidelity Extended Market Index Fund volatility is 4.98%, 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%8.00%NovemberDecember2024FebruaryMarchApril
4.98%
3.35%
FSMAX (Fidelity Extended Market Index Fund)
Benchmark (^GSPC)