Index Funds S&P 500 Equal Weight (INDEX)
The fund will invest, under normal circumstances, at least 80% of its net assets and borrowings for investment purposes in securities of issuers included in the index. The index is designed to measure the performance of 500 U.S. companies chosen for market size, liquidity and industry grouping, among other factors. In some instances, one or more of the 500 companies may have more than one share class included in the index.
Fund Info
ISIN | US45407J3005 |
---|---|
CUSIP | 31635V539 |
Issuer | Fidelity |
Inception Date | Mar 9, 2017 |
Category | Large Cap Blend Equities |
Min. Investment | $1,000 |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
INDEX has a high expense ratio of 0.25%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Index Funds S&P 500 Equal Weight, 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
Index Funds S&P 500 Equal Weight had a return of 9.13% year-to-date (YTD) and 19.04% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 9.13% | 8.76% |
1 month | -0.24% | -0.28% |
6 months | 19.78% | 18.36% |
1 year | 19.04% | 25.94% |
5 years (annualized) | 11.41% | 12.51% |
10 years (annualized) | N/A | 10.71% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.66% | 5.32% | 3.19% | -4.11% | ||||||||
2023 | -4.08% | 8.46% | 4.53% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of INDEX is 61, 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.
INDEX (Index Funds S&P 500 Equal Weight)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Index Funds S&P 500 Equal Weight (INDEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Index Funds S&P 500 Equal Weight granted a 1.43% dividend yield in the last twelve months. The annual payout for that period amounted to $0.71 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.71 | $0.71 | $1.35 | $0.88 | $0.58 | $0.55 | $0.49 | $0.35 | $0.30 | $0.28 |
Dividend yield | 1.43% | 1.56% | 3.25% | 1.81% | 1.53% | 1.61% | 1.82% | 1.15% | 1.15% | 1.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Index Funds S&P 500 Equal Weight. 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $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 | $0.71 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.35 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 |
2015 | $0.28 |
Drawdowns
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 Index Funds S&P 500 Equal Weight. 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 Index Funds S&P 500 Equal Weight was 38.82%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current Index Funds S&P 500 Equal Weight drawdown is 1.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-38.82% | Feb 13, 2020 | 27 | Mar 23, 2020 | 161 | Nov 9, 2020 | 188 |
-21.52% | Jan 5, 2022 | 186 | Sep 30, 2022 | 336 | Feb 2, 2024 | 522 |
-20.84% | Sep 24, 2018 | 64 | Dec 24, 2018 | 129 | Jul 1, 2019 | 193 |
-17.91% | May 22, 2015 | 183 | Feb 11, 2016 | 104 | Jul 12, 2016 | 287 |
-9.9% | Jan 29, 2018 | 9 | Feb 8, 2018 | 138 | Aug 27, 2018 | 147 |
Volatility
Volatility Chart
The current Index Funds S&P 500 Equal Weight volatility is 4.07%, 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.