PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Fidelity Mid Cap Index Fund (FSMDX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3161462656

CUSIP

316146265

Issuer

Fidelity

Inception Date

Sep 8, 2011

Region

North America (U.S.)

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Mid-Cap

Asset Class Style

Blend

Expense Ratio

FSMDX has an expense ratio of 0.03%, which is considered low compared to other funds.


Expense ratio chart for FSMDX: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Share Price Chart


Loading data...

Compare to other instruments

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


Popular comparisons:
FSMDX vs. VIMAX FSMDX vs. FMDGX FSMDX vs. FLPSX FSMDX vs. FLAPX FSMDX vs. VOO FSMDX vs. IMCB FSMDX vs. TRMCX FSMDX vs. VTMSX FSMDX vs. FGRTX FSMDX vs. SPY
Popular comparisons:
FSMDX vs. VIMAX FSMDX vs. FMDGX FSMDX vs. FLPSX FSMDX vs. FLAPX FSMDX vs. VOO FSMDX vs. IMCB FSMDX vs. TRMCX FSMDX vs. VTMSX FSMDX vs. FGRTX FSMDX vs. SPY

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.


300.00%320.00%340.00%360.00%380.00%400.00%420.00%JulyAugustSeptemberOctoberNovemberDecember
366.31%
412.36%
FSMDX (Fidelity Mid Cap Index Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity Mid Cap Index Fund had a return of 23.32% year-to-date (YTD) and 30.34% in the last 12 months. Over the past 10 years, Fidelity Mid Cap Index Fund had an annualized return of 9.60%, while the S&P 500 had an annualized return of 11.62%, indicating that Fidelity Mid Cap Index Fund did not perform as well as the benchmark.


FSMDX

YTD

23.32%

1M

2.38%

6M

18.11%

1Y

30.34%

5Y (annualized)

10.88%

10Y (annualized)

9.60%

^GSPC (Benchmark)

YTD

27.68%

1M

1.58%

6M

13.90%

1Y

32.27%

5Y (annualized)

14.27%

10Y (annualized)

11.62%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.40%5.59%4.33%-5.41%2.86%-0.66%4.71%2.04%2.20%-0.52%8.82%23.32%
20238.29%-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%
201910.79%4.31%0.84%3.78%-6.13%6.90%1.42%-2.84%1.94%1.06%3.59%0.83%28.66%
20183.72%-4.14%0.10%-0.14%2.25%0.34%2.49%3.11%-0.67%-8.31%2.49%-10.20%-9.68%
20172.42%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%
20136.86%1.41%4.24%1.26%2.19%-0.99%5.82%-2.68%4.59%3.58%1.63%3.86%36.28%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FSMDX is 73, 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 FSMDX is 7373
Overall Rank
The Sharpe Ratio Rank of FSMDX is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of FSMDX is 7575
Sortino Ratio Rank
The Omega Ratio Rank of FSMDX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of FSMDX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FSMDX is 7171
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 Mid Cap Index Fund (FSMDX) 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 FSMDX, currently valued at 2.40, compared to the broader market-1.000.001.002.003.004.005.002.402.77
The chart of Sortino ratio for FSMDX, currently valued at 3.31, compared to the broader market-2.000.002.004.006.008.0010.0012.003.313.66
The chart of Omega ratio for FSMDX, currently valued at 1.41, compared to the broader market1.002.003.004.001.411.51
The chart of Calmar ratio for FSMDX, currently valued at 2.40, compared to the broader market0.005.0010.0015.002.403.99
The chart of Martin ratio for FSMDX, currently valued at 13.62, compared to the broader market0.0020.0040.0060.0080.0013.6217.73
FSMDX
^GSPC

The current Fidelity Mid Cap Index Fund Sharpe ratio is 2.40. 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 Mid Cap 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.40
2.77
FSMDX (Fidelity Mid Cap Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Mid Cap Index Fund provided a 0.92% 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.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.7020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
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

0.92%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.01$0.00$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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.70%
0
FSMDX (Fidelity Mid Cap Index Fund)
Benchmark (^GSPC)

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 0.70%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.35%Feb 21, 202022Mar 23, 2020141Oct 12, 2020163
-28%Nov 17, 2021229Oct 14, 2022364Mar 28, 2024593
-21.44%Sep 21, 201865Dec 24, 201875Apr 12, 2019140
-21.18%Jun 24, 2015161Feb 11, 2016134Aug 23, 2016295
-12.78%Sep 19, 201111Oct 3, 201114Oct 21, 201125

Volatility

Volatility Chart

The current Fidelity Mid Cap Index Fund volatility is 2.90%, 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%JulyAugustSeptemberOctoberNovemberDecember
2.90%
2.22%
FSMDX (Fidelity Mid Cap Index Fund)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab