DISSX vs. FSMDX
Compare and contrast key facts about BNY Mellon Smallcap Stock Index Fund (DISSX) and Fidelity Mid Cap Index Fund (FSMDX).
DISSX is managed by BNY Mellon. It was launched on Jun 30, 1997. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DISSX or FSMDX.
Correlation
The correlation between DISSX and FSMDX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DISSX vs. FSMDX - Performance Comparison
Key characteristics
DISSX:
-0.06
FSMDX:
1.42
DISSX:
0.07
FSMDX:
1.99
DISSX:
1.01
FSMDX:
1.25
DISSX:
-0.04
FSMDX:
2.07
DISSX:
-0.17
FSMDX:
5.65
DISSX:
7.96%
FSMDX:
3.27%
DISSX:
22.77%
FSMDX:
13.04%
DISSX:
-64.55%
FSMDX:
-40.35%
DISSX:
-33.17%
FSMDX:
-3.36%
Returns By Period
In the year-to-date period, DISSX achieves a 2.15% return, which is significantly lower than FSMDX's 5.21% return. Over the past 10 years, DISSX has underperformed FSMDX with an annualized return of -0.73%, while FSMDX has yielded a comparatively higher 8.51% annualized return.
DISSX
2.15%
-0.28%
-7.53%
-2.52%
-1.78%
-0.73%
FSMDX
5.21%
1.51%
9.78%
17.73%
9.16%
8.51%
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DISSX vs. FSMDX - Expense Ratio Comparison
DISSX has a 0.50% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Risk-Adjusted Performance
DISSX vs. FSMDX — Risk-Adjusted Performance Rank
DISSX
FSMDX
DISSX vs. FSMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Smallcap Stock Index Fund (DISSX) and Fidelity Mid Cap Index Fund (FSMDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DISSX vs. FSMDX - Dividend Comparison
DISSX's dividend yield for the trailing twelve months is around 1.51%, more than FSMDX's 1.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DISSX BNY Mellon Smallcap Stock Index Fund | 1.51% | 1.55% | 1.63% | 1.39% | 0.88% | 0.91% | 1.15% | 1.13% | 0.90% | 0.93% | 1.11% | 0.83% |
FSMDX Fidelity Mid Cap Index Fund | 1.11% | 1.17% | 1.39% | 1.59% | 1.10% | 1.37% | 1.42% | 1.85% | 1.32% | 1.35% | 2.29% | 3.82% |
Drawdowns
DISSX vs. FSMDX - Drawdown Comparison
The maximum DISSX drawdown since its inception was -64.55%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for DISSX and FSMDX. For additional features, visit the drawdowns tool.
Volatility
DISSX vs. FSMDX - Volatility Comparison
BNY Mellon Smallcap Stock Index Fund (DISSX) has a higher volatility of 4.15% compared to Fidelity Mid Cap Index Fund (FSMDX) at 2.97%. This indicates that DISSX's price experiences larger fluctuations and is considered to be riskier than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.