- ISIN
- US31635V1908
- CUSIP
- 31635V190
- Issuer
- Fidelity
- Inception Date
- Dec 19, 2017
- Category
- Large Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
FSWCX Performance Chart
Fidelity SAI U.S. Value Index Fund (FSWCX) is up 13.6% since the beginning of the year. FSWCX is currently trading at $15 per share. Investors who bought $1,000 worth of FSWCX shares 5 years ago would now be looking at an investment worth $2,003.
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Returns By Period
Fidelity SAI U.S. Value Index Fund (FSWCX) has returned 13.61% so far this year and 33.09% over the past 12 months.
Fidelity SAI U.S. Value Index Fund
- 1D
- 0.33%
- 1M
- 0.99%
- YTD
- 13.61%
- 6M
- 13.19%
- 1Y
- 33.09%
- 3Y*
- 22.08%
- 5Y*
- 14.91%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FSWCX Monthly Returns History
Based on dividend-adjusted daily data since Dec 19, 2017, FSWCX's average daily return is +0.05%, while the average monthly return is +1.08%. At this rate, an investment would double in approximately 5.4 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +16.7%, while the worst month was Mar 2020 at -20.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FSWCX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +10.0%, while the worst single day was Mar 16, 2020 at -12.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.60% | 1.81% | -2.85% | 7.11% | 5.68% | -1.10% | 13.61% | ||||||
| 2025 | 3.04% | 1.80% | -2.34% | -4.87% | 3.82% | 5.76% | -0.39% | 6.03% | 1.96% | 1.15% | 2.05% | 2.98% | 22.50% |
| 2024 | 0.93% | 2.20% | 6.47% | -4.47% | 4.24% | -0.08% | 4.24% | 1.14% | 0.68% | 0.16% | 6.63% | -3.21% | 19.90% |
| 2023 | 8.41% | -3.84% | -2.90% | 0.28% | -4.38% | 6.62% | 4.84% | -2.79% | -2.69% | -2.81% | 6.61% | 5.91% | 12.64% |
| 2022 | 1.13% | 0.00% | 3.03% | -5.89% | 5.68% | -11.37% | 6.59% | -3.22% | -9.69% | 12.61% | 6.25% | -5.75% | -3.50% |
| 2021 | 1.59% | 6.55% | 7.25% | 2.57% | 3.17% | -1.29% | 0.08% | 2.21% | -3.52% | 3.14% | -1.40% | 7.17% | 30.43% |
Benchmark Metrics
Fidelity SAI U.S. Value Index Fund has an annualized alpha of -0.01%, beta of 0.96, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since December 19, 2017.
- With beta of 0.96 and R2 of 0.80, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.01%
- Beta
- 0.96
- R²
- 0.80
- Upside Capture
- 96.53%
- Downside Capture
- 99.94%
Expense Ratio
FSWCX has an expense ratio of 0.10%, which is considered low.
Return for Risk
Risk / Return Rank
FSWCX ranks 92 for risk / return — in the top 92% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity SAI U.S. Value Index Fund (FSWCX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSWCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.37 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 5.89 | 2.78 | +3.10 |
| Martin ratioReturn relative to average drawdown | 20.07 | 12.44 | +7.64 |
Dividends
Dividend History
Fidelity SAI U.S. Value Index Fund provided a 6.51% dividend yield over the last twelve months, with an annual payout of $1.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.00 | $1.00 | $1.05 | $1.04 | $1.37 | $0.71 | $0.26 | $0.26 | $0.33 | $0.01 |
Dividend yield | 6.51% | 7.40% | 8.86% | 9.68% | 12.90% | 5.71% | 2.55% | 2.37% | 3.84% | 0.07% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity SAI U.S. Value 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.40 | $1.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.74 | $1.05 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.13 | $1.04 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $0.00 | $0.00 | $0.16 | $1.37 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.45 | $0.71 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity SAI U.S. Value 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 SAI U.S. Value Index Fund was 41.41%, occurring on Mar 23, 2020. Recovery took 204 trading sessions.
The current Fidelity SAI U.S. Value Index Fund drawdown is 2.24%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -41.41%Mar 2020 | 2mo 2d | 9mo 25d | 11mo 27dJan 2020 - Jan 2021 |
Rate-hike selloffLate 2018 | -22.12%Dec 2018 | 10mo 29d | 10mo 8d | 1y 9moJan 2018 - Oct 2019 |
Bear market2022 | -19.62%Sep 2022 | 6mo 4d | 4mo 5d | 10mo 9dMar 2022 - Feb 2023 |
2025 selloff2025 | -16.13%Apr 2025 | 1mo 16d | 2mo 19d | 4mo 5dFeb 2025 - Jun 2025 |
2023 correction2023 | -13.41%Mar 2023 | 1mo 12d | 9mo 2d | 10mo 14dFeb 2023 - Dec 2023 |
Drawdown Indicators
| FSWCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.41% | -56.78% | +15.37% |
Max Drawdown (1Y)Largest decline over 1 year | -5.77% | -9.10% | +3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -18.90% | +2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -19.62% | -25.43% | +5.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.24% | -1.80% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -5.55% | -10.71% | +5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 2.03% | -0.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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