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
| ISIN | US3161462656 |
|---|---|
| CUSIP | 316146265 |
| Issuer | Fidelity |
| Inception Date | Sep 8, 2011 |
| Region | North America (U.S.) |
| Category | Mid Cap Blend Equities |
| Minimum Investment | $0 |
| ETF Home Page | fundresearch.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The Fidelity Mid Cap Index Fund has an expense ratio of 0.03% which is considered to be low.
Share Price Chart
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Performance
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.
Compare to other instruments
Return
Fidelity Mid Cap Index Fund had a return of 10.85% year-to-date (YTD) and 4.56% in the last 12 months. Over the past 10 years, Fidelity Mid Cap Index Fund had an annualized return of 9.46%, which was very close to the S&P 500 benchmark's annualized return of 9.87%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.85% | 19.67% |
| 1 month | 11.74% | 8.42% |
| 6 months | 6.69% | 7.29% |
| 1 year | 4.56% | 12.71% |
| 5 years (annualized) | 9.15% | 10.75% |
| 10 years (annualized) | 9.46% | 9.87% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -2.80% | 8.32% | 3.98% | -3.45% | -5.02% | -5.03% | 10.24% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Index Fund (FSMDX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
FSMDX Fidelity Mid Cap Index Fund | 0.30 | ||||
^GSPC S&P 500 | 0.91 |
Dividend History
Fidelity Mid Cap Index Fund granted a 1.47% dividend yield in the last twelve months. The annual payout for that period amounted to $0.42 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.54 | $1.07 | $0.63 | $0.68 | $0.48 | $0.53 | $0.41 | $0.76 | $0.67 | $0.43 | $0.38 |
Dividend yield | 1.47% | 2.07% | 3.35% | 2.34% | 2.86% | 2.60% | 2.53% | 2.23% | 4.68% | 3.82% | 2.74% | 3.16% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 |
| 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 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 |
| 2012 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.35% | Feb 21, 2020 | 22 | Mar 23, 2020 | 141 | Oct 12, 2020 | 163 |
| -26.07% | Nov 17, 2021 | 229 | Oct 14, 2022 | — | — | — |
| -21.18% | Aug 30, 2018 | 80 | Dec 24, 2018 | 71 | Apr 8, 2019 | 151 |
| -19.28% | Jun 24, 2015 | 161 | Feb 11, 2016 | 104 | Jul 12, 2016 | 265 |
| -12.78% | Sep 19, 2011 | 11 | Oct 3, 2011 | 14 | Oct 21, 2011 | 25 |
Volatility Chart
The current Fidelity Mid Cap Index Fund volatility is 4.74%, 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.