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Fidelity ZERO Total Market Index Fund (FZROX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS31635T7081
IssuerFidelity
CategoryLarge Cap Blend Equities
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The Fidelity ZERO Total Market Index Fund has an expense ratio of 0.00%, indicating no management fees are charged.


0.50%1.00%1.50%2.00%0.00%

Share Price Chart


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Compare to other instruments

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Fidelity ZERO Total Market Index Fund

Popular comparisons: FZROX vs. VTI, FZROX vs. FXAIX, FZROX vs. FSKAX, FZROX vs. FNILX, FZROX vs. VOO, FZROX vs. FZILX, FZROX vs. SPY, FZROX vs. FTEC, FZROX vs. IVV, FZROX vs. VIGAX

Performance

Performance Chart

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


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
16.71%
15.74%
FZROX (Fidelity ZERO Total Market Index Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Fidelity ZERO Total Market Index Fund had a return of 5.78% year-to-date (YTD) and 23.85% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date5.78%6.12%
1 month-1.12%-1.08%
6 months16.71%15.73%
1 year23.85%22.34%
5 years (annualized)13.01%11.82%
10 years (annualized)N/A10.53%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20241.14%5.47%3.21%
2023-4.82%-2.66%9.44%5.30%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FZROX is 82, placing it in the top 18% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of FZROX is 8282
Fidelity ZERO Total Market Index Fund(FZROX)
The Sharpe Ratio Rank of FZROX is 8484Sharpe Ratio Rank
The Sortino Ratio Rank of FZROX is 8282Sortino Ratio Rank
The Omega Ratio Rank of FZROX is 8181Omega Ratio Rank
The Calmar Ratio Rank of FZROX is 8585Calmar Ratio Rank
The Martin Ratio Rank of FZROX is 8181Martin 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 Total Market Index Fund (FZROX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FZROX
Sharpe ratio
The chart of Sharpe ratio for FZROX, currently valued at 1.95, compared to the broader market-1.000.001.002.003.004.001.95
Sortino ratio
The chart of Sortino ratio for FZROX, currently valued at 2.80, compared to the broader market-2.000.002.004.006.008.0010.0012.002.80
Omega ratio
The chart of Omega ratio for FZROX, currently valued at 1.34, compared to the broader market1.001.502.002.503.001.34
Calmar ratio
The chart of Calmar ratio for FZROX, currently valued at 1.54, compared to the broader market0.002.004.006.008.0010.0012.001.54
Martin ratio
The chart of Martin ratio for FZROX, currently valued at 7.68, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.68
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market-1.000.001.002.003.004.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.0010.0012.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.503.001.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.65, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.65

Sharpe Ratio

The current Fidelity ZERO Total Market Index Fund Sharpe ratio is 1.95. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.95
1.89
FZROX (Fidelity ZERO Total Market Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity ZERO Total Market Index Fund granted a 1.29% dividend yield in the last twelve months. The annual payout for that period amounted to $0.23 per share.


PeriodTTM202320222021202020192018
Dividend$0.23$0.23$0.21$0.21$0.17$0.17$0.07

Dividend yield

1.29%1.36%1.57%1.25%1.27%1.51%0.74%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity ZERO Total Market Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$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$0.23
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.17
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.17
2018$0.07

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-3.93%
-3.66%
FZROX (Fidelity ZERO Total Market Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity ZERO Total 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 Total Market Index Fund was 34.96%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.

The current Fidelity ZERO Total Market Index Fund drawdown is 3.93%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.96%Feb 20, 202023Mar 23, 202099Aug 12, 2020122
-25.12%Jan 4, 2022187Sep 30, 2022303Dec 14, 2023490
-20.14%Sep 21, 201865Dec 24, 201881Apr 23, 2019146
-9.33%Sep 3, 202014Sep 23, 202033Nov 9, 202047
-6.81%May 6, 201920Jun 3, 201913Jun 20, 201933

Volatility

Volatility Chart

The current Fidelity ZERO Total Market Index Fund volatility is 3.57%, 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%NovemberDecember2024FebruaryMarchApril
3.57%
3.44%
FZROX (Fidelity ZERO Total Market Index Fund)
Benchmark (^GSPC)