Fidelity Mid Cap Index Fund (FSMDX)
The Fidelity Mid Cap Index Fund (FSMDX) aims to match the overall return of stocks from mid-sized companies in the United States. It typically invests at least 80% of assets in securities listed on the Russell Midcap Index and may also lend securities to generate income for the fund.
Fund Info
US3161462656
316146265
Sep 8, 2011
North America (U.S.)
$0
Mid-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 Mid Cap 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.
Returns By Period
Fidelity Mid Cap Index Fund had a return of 18.51% year-to-date (YTD) and 31.21% in the last 12 months. Over the past 10 years, Fidelity Mid Cap Index Fund had an annualized return of 9.07%, while the S&P 500 had an annualized return of 11.11%, indicating that Fidelity Mid Cap Index Fund did not perform as well as the benchmark.
FSMDX
18.51%
1.43%
10.26%
31.21%
10.08%
9.07%
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of FSMDX, 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 | -1.40% | 5.59% | 4.33% | -5.41% | 2.86% | -0.66% | 4.71% | 2.04% | 2.20% | -0.52% | 18.51% | ||
| 2023 | 8.29% | -2.42% | -1.53% | -0.52% | -2.80% | 8.32% | 3.98% | -3.45% | -5.02% | -5.03% | 10.24% | 7.72% | 17.20% |
| 2022 | -7.38% | -0.71% | 2.55% | -7.69% | 0.07% | -10.41% | 9.88% | -3.14% | -9.25% | 8.90% | 6.00% | -5.40% | -17.68% |
| 2021 | -0.26% | 5.57% | 2.71% | 5.10% | 0.81% | 1.28% | 0.77% | 2.54% | -4.12% | 5.94% | -3.47% | 1.86% | 19.76% |
| 2020 | -0.80% | -8.66% | -19.48% | 14.33% | 7.05% | 1.68% | 5.90% | 3.49% | -1.92% | 0.61% | 13.82% | 3.76% | 15.97% |
| 2019 | 10.79% | 4.31% | 0.84% | 3.78% | -6.13% | 6.90% | 1.42% | -2.84% | 1.94% | 1.06% | 3.59% | 0.83% | 28.66% |
| 2018 | 3.72% | -4.14% | 0.10% | -0.14% | 2.25% | 0.34% | 2.49% | 3.11% | -0.67% | -8.31% | 2.49% | -10.20% | -9.68% |
| 2017 | 2.42% | 2.79% | -0.16% | 0.79% | 0.88% | 0.75% | 1.44% | -0.76% | 2.75% | 1.69% | 3.37% | -0.03% | 17.03% |
| 2016 | -6.49% | 1.11% | 8.17% | 1.08% | 1.66% | 0.19% | 4.56% | -0.22% | 0.22% | -3.19% | 5.37% | 0.50% | 12.85% |
| 2015 | -1.55% | 5.53% | 0.05% | -0.88% | 1.45% | -1.71% | 0.73% | -5.26% | -3.61% | 6.19% | 0.29% | -5.07% | -4.45% |
| 2014 | -1.96% | 5.80% | -0.24% | -0.55% | 2.21% | 3.62% | -2.92% | 4.82% | -3.33% | 3.03% | 2.60% | 1.11% | 14.58% |
| 2013 | 6.86% | 1.41% | 4.24% | 1.26% | 2.19% | -0.99% | 5.82% | -2.68% | 4.59% | 3.58% | 1.63% | 3.86% | 36.28% |
Expense Ratio
FSMDX has an expense ratio of 0.03%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSMDX is 68, 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 Mid Cap Index Fund (FSMDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Mid Cap Index Fund provided a 0.96% dividend yield over the last twelve months, with an annual payout of $0.34 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 | $0.34 | $0.42 | $0.41 | $0.35 | $0.37 | $0.34 | $0.35 | $0.28 | $0.25 | $0.37 | $0.67 | $0.43 |
Dividend yield | 0.96% | 1.39% | 1.59% | 1.10% | 1.37% | 1.42% | 1.85% | 1.32% | 1.35% | 2.29% | 3.82% | 2.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Mid 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.42 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.41 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.35 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.37 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.34 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.35 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.28 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.25 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.37 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.67 |
| 2013 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.43 |
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 Mid 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 Mid Cap Index Fund was 40.35%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.
The current Fidelity Mid Cap Index Fund drawdown is 2.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.35% | Feb 21, 2020 | 22 | Mar 23, 2020 | 141 | Oct 12, 2020 | 163 |
| -28% | Nov 17, 2021 | 229 | Oct 14, 2022 | 364 | Mar 28, 2024 | 593 |
| -21.44% | Sep 21, 2018 | 65 | Dec 24, 2018 | 75 | Apr 12, 2019 | 140 |
| -21.18% | Jun 24, 2015 | 161 | Feb 11, 2016 | 134 | Aug 23, 2016 | 295 |
| -12.78% | Sep 19, 2011 | 11 | Oct 3, 2011 | 14 | Oct 21, 2011 | 25 |
Volatility
Volatility Chart
The current Fidelity Mid Cap Index Fund volatility is 4.26%, 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.