FADMX vs. FTIHX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Strategic Income Fund (FADMX) and Fidelity Total International Index Fund (FTIHX).

FADMX is managed by Fidelity. It was launched on Oct 31, 1994. FTIHX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI (All Country World Index) ex USA Investable Market Index. It was launched on Jun 7, 2016.

Performance

FADMX vs. FTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Strategic Income Fund (FADMX) and Fidelity Total International Index Fund (FTIHX). The values are adjusted to include any dividend payments, if applicable.

FADMX vs. FTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FADMX Fidelity Strategic Income Fund	-0.89%	9.01%	6.07%	9.55%	-11.84%	3.46%	6.72%	11.06%	-2.02%
FTIHX Fidelity Total International Index Fund	-1.15%	32.59%	4.98%	15.49%	-16.29%	8.45%	11.09%	21.50%	-14.74%

Returns By Period

In the year-to-date period, FADMX achieves a -0.89% return, which is significantly higher than FTIHX's -1.15% return.

FADMX

• 1D: 0.00%
• 1M: -2.62%
• YTD: -0.89%
• 6M: 0.47%
• 1Y: 7.18%
• 3Y*: 6.77%
• 5Y*: 2.82%
• 10Y*: —

FTIHX

• 1D: -0.12%
• 1M: -11.11%
• YTD: -1.15%
• 6M: 3.36%
• 1Y: 24.13%
• 3Y*: 14.18%
• 5Y*: 6.78%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FADMX vs. FTIHX - Expense Ratio Comparison

FADMX has a 0.66% expense ratio, which is higher than FTIHX's 0.06% expense ratio.

FADMX

Fidelity Strategic Income Fund

FTIHX

Fidelity Total International Index Fund

Return for Risk

FADMX vs. FTIHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FADMX

FADMX Risk / Return Rank: 93
FADMX Sharpe Ratio Rank: 94
FADMX Sortino Ratio Rank: 94
FADMX Omega Ratio Rank: 92
FADMX Calmar Ratio Rank: 93
FADMX Martin Ratio Rank: 93

FTIHX

FTIHX Risk / Return Rank: 79
FTIHX Sharpe Ratio Rank: 81
FTIHX Sortino Ratio Rank: 79
FTIHX Omega Ratio Rank: 78
FTIHX Calmar Ratio Rank: 81
FTIHX Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FADMX vs. FTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Income Fund (FADMX) and Fidelity Total International Index Fund (FTIHX). 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.

	FADMX	FTIHX	Difference
Sharpe ratio Return per unit of total volatility	2.14	1.47	+0.67
Sortino ratio Return per unit of downside risk	2.98	1.97	+1.01
Omega ratio Gain probability vs. loss probability	1.43	1.30	+0.13
Calmar ratio Return relative to maximum drawdown	2.88	1.92	+0.96
Martin ratio Return relative to average drawdown	11.44	7.63	+3.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FADMX vs. FTIHX - Sharpe Ratio Comparison

The current FADMX Sharpe Ratio is 2.14, which is higher than the FTIHX Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of FADMX and FTIHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FADMX	FTIHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	1.47	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.45	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.54	+0.23

Correlation

The correlation between FADMX and FTIHX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FADMX vs. FTIHX - Dividend Comparison

FADMX's dividend yield for the trailing twelve months is around 4.06%, more than FTIHX's 2.82% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FADMX Fidelity Strategic Income Fund	4.06%	4.33%	4.21%	4.31%	2.91%	4.23%	3.82%	4.34%	2.74%	0.00%	0.00%
FTIHX Fidelity Total International Index Fund	2.82%	2.78%	2.88%	2.78%	2.51%	2.55%	1.62%	2.61%	2.21%	0.45%	0.47%

Drawdowns

FADMX vs. FTIHX - Drawdown Comparison

The maximum FADMX drawdown since its inception was -15.98%, smaller than the maximum FTIHX drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for FADMX and FTIHX.

Drawdown Indicators

	FADMX	FTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-15.98%	-35.75%	+19.77%
Max Drawdown (1Y) Largest decline over 1 year	-2.62%	-11.25%	+8.63%
Max Drawdown (5Y) Largest decline over 5 years	-15.98%	-29.99%	+14.01%
Current Drawdown Current decline from peak	-2.62%	-11.25%	+8.63%
Average Drawdown Average peak-to-trough decline	-3.12%	-7.31%	+4.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.66%	2.84%	-2.18%

Volatility

FADMX vs. FTIHX - Volatility Comparison

The current volatility for Fidelity Strategic Income Fund (FADMX) is 1.54%, while Fidelity Total International Index Fund (FTIHX) has a volatility of 7.05%. This indicates that FADMX experiences smaller price fluctuations and is considered to be less risky than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FADMX	FTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	7.05%	-5.51%
Volatility (6M) Calculated over the trailing 6-month period	2.38%	10.67%	-8.29%
Volatility (1Y) Calculated over the trailing 1-year period	3.54%	15.82%	-12.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.44%	15.03%	-10.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.77%	16.00%	-11.23%