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Fidelity ZERO Extended Market Index Fund (FZIPX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3159116363

Issuer

Fidelity

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

FZIPX has an expense ratio of 0.00%, indicating no management fees are charged.


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

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:
FZIPX vs. FZROX FZIPX vs. VB FZIPX vs. VXF FZIPX vs. FSRNX FZIPX vs. FXAIX FZIPX vs. FNILX FZIPX vs. FUAMX FZIPX vs. FZILX FZIPX vs. SPY FZIPX vs. VGT
Popular comparisons:
FZIPX vs. FZROX FZIPX vs. VB FZIPX vs. VXF FZIPX vs. FSRNX FZIPX vs. FXAIX FZIPX vs. FNILX FZIPX vs. FUAMX FZIPX vs. FZILX FZIPX vs. SPY FZIPX vs. VGT

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity ZERO Extended Market 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.


50.00%60.00%70.00%80.00%90.00%100.00%110.00%JulyAugustSeptemberOctoberNovemberDecember
60.41%
104.09%
FZIPX (Fidelity ZERO Extended Market Index Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity ZERO Extended Market Index Fund had a return of 11.67% year-to-date (YTD) and 12.32% in the last 12 months.


FZIPX

YTD

11.67%

1M

-4.07%

6M

9.88%

1Y

12.32%

5Y*

8.88%

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of FZIPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.86%5.80%4.29%-7.01%4.01%-1.34%7.34%-0.07%1.49%-0.81%10.05%11.67%
202310.08%-2.25%-3.80%-1.19%-1.95%8.82%5.23%-4.14%-5.53%-6.12%9.06%10.95%18.13%
2022-7.36%0.83%1.31%-8.43%-0.18%-9.31%10.17%-2.75%-9.67%10.10%4.22%-5.88%-18.01%
20213.47%6.80%2.75%3.90%0.74%0.58%-1.52%2.14%-2.96%4.84%-4.26%3.60%21.32%
2020-2.18%-9.11%-23.16%15.22%6.92%2.94%4.46%4.49%-2.41%1.72%16.56%6.61%16.64%
201911.07%4.87%-1.06%3.52%-7.73%7.15%1.15%-4.43%2.16%2.01%4.14%2.23%26.51%
20180.51%-9.28%2.11%-11.01%-17.15%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FZIPX is 54, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FZIPX is 5454
Overall Rank
The Sharpe Ratio Rank of FZIPX is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of FZIPX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of FZIPX is 4747
Omega Ratio Rank
The Calmar Ratio Rank of FZIPX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of FZIPX is 5050
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 ZERO Extended Market Index Fund (FZIPX) 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 FZIPX, currently valued at 0.81, compared to the broader market-1.000.001.002.003.004.000.812.10
The chart of Sortino ratio for FZIPX, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.0010.001.212.80
The chart of Omega ratio for FZIPX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.003.501.151.39
The chart of Calmar ratio for FZIPX, currently valued at 1.15, compared to the broader market0.002.004.006.008.0010.0012.0014.001.153.09
The chart of Martin ratio for FZIPX, currently valued at 4.00, compared to the broader market0.0020.0040.0060.004.0113.49
FZIPX
^GSPC

The current Fidelity ZERO Extended Market Index Fund Sharpe ratio is 0.81. 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 ZERO Extended Market 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.81
2.10
FZIPX (Fidelity ZERO Extended Market Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity ZERO Extended Market Index Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share. The fund has been increasing its distributions for 5 consecutive years.


0.60%0.80%1.00%1.20%1.40%1.60%$0.00$0.05$0.10$0.15201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$0.00$0.18$0.17$0.16$0.14$0.13$0.04

Dividend yield

0.00%1.43%1.64%1.23%1.24%1.26%0.50%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity ZERO Extended Market 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$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.17$0.17
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.16$0.16
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.14
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.13$0.13
2018$0.04$0.04

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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.49%
-2.62%
FZIPX (Fidelity ZERO Extended Market Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity ZERO Extended Market 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 ZERO Extended Market Index Fund was 42.71%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.

The current Fidelity ZERO Extended Market Index Fund drawdown is 8.49%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.71%Feb 21, 202022Mar 23, 2020161Nov 9, 2020183
-28.19%Nov 9, 2021152Jun 16, 2022521Jul 16, 2024673
-22.36%Oct 1, 201859Dec 24, 2018218Nov 5, 2019277
-9.43%Nov 26, 202417Dec 19, 2024
-8.37%Jul 17, 202416Aug 7, 202430Sep 19, 202446

Volatility

Volatility Chart

The current Fidelity ZERO Extended Market Index Fund volatility is 5.90%, 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%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.90%
3.79%
FZIPX (Fidelity ZERO Extended Market Index Fund)
Benchmark (^GSPC)
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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.

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