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

Fund Info

ISIN

US3159117437

CUSIP

315911743

Issuer

Fidelity

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Blend

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


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.83%
11.50%
FSMAX (Fidelity Extended Market Index Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity Extended Market Index Fund had a return of 20.71% year-to-date (YTD) and 36.63% in the last 12 months. Over the past 10 years, Fidelity Extended Market Index Fund had an annualized return of 10.10%, while the S&P 500 had an annualized return of 11.13%, indicating that Fidelity Extended Market Index Fund did not perform as well as the benchmark.


FSMAX

YTD

20.71%

1M

5.92%

6M

14.83%

1Y

36.63%

5Y (annualized)

11.51%

10Y (annualized)

10.10%

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.38%6.04%3.35%-6.47%3.37%-0.11%6.19%0.26%1.54%0.62%20.71%
202310.84%-1.63%-2.90%-2.17%0.44%8.31%5.91%-4.07%-4.89%-6.25%11.21%10.43%25.36%
2022-10.08%-0.03%0.85%-10.56%-2.23%-9.24%10.29%-2.09%-9.92%8.54%3.59%-6.54%-26.44%
20212.83%5.20%-0.39%4.24%-0.66%3.45%-1.23%2.01%-4.01%5.45%-5.04%0.56%12.41%
2020-0.57%-7.97%-21.36%15.95%8.82%4.06%5.69%7.18%-3.00%0.47%18.27%7.22%32.28%
201911.60%4.96%-1.00%3.68%-6.95%6.80%1.63%-4.16%1.02%1.90%4.58%2.16%28.01%
20183.35%-3.79%0.71%0.26%4.79%0.87%1.63%4.52%-1.75%-10.07%1.86%-10.75%-9.44%
20172.13%2.45%-0.07%1.12%-0.76%2.31%1.12%-0.39%4.23%1.42%2.87%0.57%18.27%
2016-8.79%0.46%8.20%1.70%1.80%-0.12%5.39%0.78%0.92%-3.84%7.90%1.83%16.11%
2015-1.89%6.04%1.24%-1.32%1.84%-0.73%-0.14%-5.88%-4.83%5.54%1.69%-3.98%-3.13%
2014-1.85%5.46%-0.69%-2.34%1.50%4.49%-4.46%4.97%-5.07%4.08%1.34%2.17%9.23%
20136.99%0.98%4.71%0.79%2.73%-0.99%6.82%-2.77%5.90%2.91%2.41%4.06%39.88%

Expense Ratio

FSMAX has an expense ratio of 0.04%, which is considered low compared to other funds.


Expense ratio chart for FSMAX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FSMAX is 56, 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.


The Risk-Adjusted Performance Rank of FSMAX is 5656
Combined Rank
The Sharpe Ratio Rank of FSMAX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of FSMAX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of FSMAX is 4848
Omega Ratio Rank
The Calmar Ratio Rank of FSMAX is 6262
Calmar Ratio Rank
The Martin Ratio Rank of FSMAX is 5959
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 Extended Market Index Fund (FSMAX) 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 FSMAX, currently valued at 1.98, compared to the broader market-1.000.001.002.003.004.005.001.982.46
The chart of Sortino ratio for FSMAX, currently valued at 2.74, compared to the broader market0.005.0010.002.743.31
The chart of Omega ratio for FSMAX, currently valued at 1.34, compared to the broader market1.002.003.004.001.341.46
The chart of Calmar ratio for FSMAX, currently valued at 1.41, compared to the broader market0.005.0010.0015.0020.0025.001.413.55
The chart of Martin ratio for FSMAX, currently valued at 11.10, compared to the broader market0.0020.0040.0060.0080.00100.0011.1015.76
FSMAX
^GSPC

The current Fidelity Extended Market Index Fund Sharpe ratio is 1.98. 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 Extended 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.98
2.46
FSMAX (Fidelity Extended Market Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Extended Market Index Fund provided a 0.88% dividend yield over the last twelve months, with an annual payout of $0.83 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.83$0.92$0.87$0.87$0.78$0.92$0.90$0.81$0.76$1.50$3.00$2.18

Dividend yield

0.88%1.17%1.38%0.99%0.93%1.41%1.69%1.30%1.38%2.99%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$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$0.92
2022$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.84$0.87
2021$0.00$0.00$0.00$0.08$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.79$0.87
2020$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.72$0.78
2019$0.00$0.00$0.00$0.09$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.83$0.92
2018$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.84$0.90
2017$0.00$0.00$0.00$0.11$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.70$0.81
2016$0.00$0.00$0.00$0.10$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.66$0.76
2015$0.00$0.00$0.00$0.89$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.61$1.50
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$3.00
2013$0.38$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.80$2.18

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.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.31%
-1.40%
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 2.31%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-41.67%Feb 21, 202019Mar 18, 2020112Aug 26, 2020131
-36.31%Nov 9, 2021152Jun 16, 2022601Nov 6, 2024753
-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 6.17%, 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%JuneJulyAugustSeptemberOctoberNovember
6.17%
4.07%
FSMAX (Fidelity Extended Market Index Fund)
Benchmark (^GSPC)