FASEX vs. FSMAX
Compare and contrast key facts about Nuveen Mid Cap Value Fund (FASEX) and Fidelity Extended Market Index Fund (FSMAX).
FASEX is managed by Nuveen. It was launched on Dec 22, 1987. FSMAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FASEX or FSMAX.
Correlation
The correlation between FASEX and FSMAX 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
FASEX vs. FSMAX - Performance Comparison
Key characteristics
FASEX:
0.86
FSMAX:
1.39
FASEX:
1.24
FSMAX:
1.95
FASEX:
1.16
FSMAX:
1.24
FASEX:
1.02
FSMAX:
1.40
FASEX:
3.26
FSMAX:
6.94
FASEX:
3.96%
FSMAX:
3.62%
FASEX:
14.96%
FSMAX:
18.06%
FASEX:
-58.65%
FSMAX:
-41.67%
FASEX:
-6.86%
FSMAX:
-2.76%
Returns By Period
In the year-to-date period, FASEX achieves a 5.34% return, which is significantly lower than FSMAX's 5.66% return. Over the past 10 years, FASEX has underperformed FSMAX with an annualized return of 6.04%, while FSMAX has yielded a comparatively higher 7.27% annualized return.
FASEX
5.34%
4.07%
1.96%
12.98%
7.17%
6.04%
FSMAX
5.66%
3.09%
12.95%
25.18%
9.14%
7.27%
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FASEX vs. FSMAX - Expense Ratio Comparison
FASEX has a 1.16% expense ratio, which is higher than FSMAX's 0.04% expense ratio.
Risk-Adjusted Performance
FASEX vs. FSMAX — Risk-Adjusted Performance Rank
FASEX
FSMAX
FASEX vs. FSMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Mid Cap Value Fund (FASEX) and Fidelity Extended Market Index Fund (FSMAX). 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
FASEX vs. FSMAX - Dividend Comparison
FASEX's dividend yield for the trailing twelve months is around 0.91%, more than FSMAX's 0.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FASEX Nuveen Mid Cap Value Fund | 0.91% | 0.96% | 0.96% | 1.13% | 0.63% | 1.05% | 0.89% | 0.26% | 0.63% | 0.86% | 0.28% | 0.84% |
FSMAX Fidelity Extended Market Index Fund | 0.46% | 0.48% | 1.17% | 1.38% | 0.99% | 0.93% | 1.41% | 1.69% | 1.30% | 1.38% | 2.99% | 5.43% |
Drawdowns
FASEX vs. FSMAX - Drawdown Comparison
The maximum FASEX drawdown since its inception was -58.65%, which is greater than FSMAX's maximum drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for FASEX and FSMAX. For additional features, visit the drawdowns tool.
Volatility
FASEX vs. FSMAX - Volatility Comparison
The current volatility for Nuveen Mid Cap Value Fund (FASEX) is 3.57%, while Fidelity Extended Market Index Fund (FSMAX) has a volatility of 4.47%. This indicates that FASEX experiences smaller price fluctuations and is considered to be less risky than FSMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.