Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX)
Normally, the fund invests at least 80% of assets in securities included in the Russell SMID 500 Index. It lends securities to earn income for the fund.
Fund Info
| ISIN | US31635V8697 |
|---|---|
| CUSIP | 31635V869 |
| Issuer | Fidelity |
| Inception Date | Aug 12, 2015 |
| Category | Mid Cap Blend Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
FZFLX has an expense ratio of 0.05%, which is considered low compared to other funds.
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: FZFLX vs. FLKSX, FZFLX vs. FTHI, FZFLX vs. IVOO, FZFLX vs. VOO, FZFLX vs. FXAIX, FZFLX vs. FZIPX, FZFLX vs. FSMDX, FZFLX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity SAI Small-Mid Cap 500 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 SAI Small-Mid Cap 500 Index Fund had a return of 17.08% year-to-date (YTD) and 31.17% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 17.08% | 25.48% |
| 1 month | 3.49% | 2.14% |
| 6 months | 8.89% | 12.76% |
| 1 year | 31.17% | 33.14% |
| 5 years (annualized) | 11.50% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of FZFLX, 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 | -1.63% | 5.32% | 4.57% | -6.49% | 3.55% | -2.03% | 5.57% | 0.60% | 2.23% | -0.62% | 17.08% | ||
| 2023 | 10.13% | -2.90% | -2.81% | -1.08% | -2.37% | 8.97% | 4.12% | -3.13% | -5.43% | -5.48% | 8.90% | 9.65% | 17.75% |
| 2022 | -7.38% | 1.25% | 1.80% | -7.46% | 0.50% | -10.52% | 10.19% | -3.05% | -8.38% | 8.50% | 5.78% | -5.62% | -15.76% |
| 2021 | 0.42% | 6.75% | 2.17% | 5.55% | 0.24% | 0.55% | -0.24% | 2.31% | -3.76% | 5.44% | -4.20% | 4.14% | 20.40% |
| 2020 | -1.17% | -8.41% | -21.63% | 14.89% | 8.20% | 2.38% | 4.91% | 3.69% | -1.98% | 1.57% | 14.74% | 6.77% | 19.78% |
| 2019 | 11.70% | 4.38% | 2.05% | 3.61% | -6.66% | 7.13% | 1.43% | -3.36% | 1.57% | 1.40% | 4.38% | 1.59% | 31.96% |
| 2018 | 3.35% | -4.27% | 0.66% | -0.25% | 3.62% | 0.71% | 2.05% | 4.32% | -0.83% | -9.54% | 2.09% | -10.23% | -9.25% |
| 2017 | 2.19% | 2.79% | -0.27% | 0.55% | -0.36% | 1.63% | 1.34% | -0.53% | 3.23% | 2.08% | 3.56% | 0.93% | 18.40% |
| 2016 | -7.30% | 1.27% | 8.58% | 1.37% | 1.97% | 0.00% | 4.59% | 0.10% | -0.08% | -3.44% | 6.41% | 1.21% | 14.62% |
| 2015 | -6.04% | -4.11% | 5.50% | 1.04% | -2.88% | -6.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FZFLX is 57, 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 SAI Small-Mid Cap 500 Index Fund (FZFLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity SAI Small-Mid Cap 500 Index Fund provided a 1.58% dividend yield over the last twelve months, with an annual payout of $0.11 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.11 | $0.09 | $0.11 | $0.23 | $0.17 | $0.45 | $0.18 | $0.13 | $0.09 | $0.11 |
Dividend yield | 1.58% | 1.49% | 1.99% | 2.00% | 1.20% | 3.48% | 1.69% | 1.04% | 0.81% | 1.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity SAI Small-Mid Cap 500 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 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.09 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.02 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.23 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.17 |
| 2019 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.45 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.18 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.13 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.09 |
| 2015 | $0.11 | $0.11 |
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 SAI Small-Mid Cap 500 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 Small-Mid Cap 500 Index Fund was 42.04%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
The current Fidelity SAI Small-Mid Cap 500 Index Fund drawdown is 1.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.04% | Feb 21, 2020 | 22 | Mar 23, 2020 | 159 | Nov 5, 2020 | 181 |
| -24.77% | Nov 17, 2021 | 146 | Jun 16, 2022 | 428 | Mar 1, 2024 | 574 |
| -23.06% | Aug 30, 2018 | 80 | Dec 24, 2018 | 70 | Apr 5, 2019 | 150 |
| -19.25% | Aug 19, 2015 | 122 | Feb 11, 2016 | 81 | Jun 8, 2016 | 203 |
| -9.84% | Jan 29, 2018 | 9 | Feb 8, 2018 | 81 | Jun 6, 2018 | 90 |
Volatility
Volatility Chart
The current Fidelity SAI Small-Mid Cap 500 Index Fund volatility is 4.61%, 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.