FCAUX vs. FSMDX
Compare and contrast key facts about Fidelity Climate Action Fund (FCAUX) and Fidelity Mid Cap Index Fund (FSMDX).
FCAUX is managed by Fidelity. It was launched on Jun 14, 2021. 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: FCAUX or FSMDX.
Correlation
The correlation between FCAUX 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
FCAUX vs. FSMDX - Performance Comparison
Key characteristics
FCAUX:
1.30
FSMDX:
1.33
FCAUX:
1.81
FSMDX:
1.88
FCAUX:
1.24
FSMDX:
1.23
FCAUX:
2.06
FSMDX:
1.98
FCAUX:
8.10
FSMDX:
5.46
FCAUX:
2.52%
FSMDX:
3.23%
FCAUX:
15.66%
FSMDX:
13.24%
FCAUX:
-35.11%
FSMDX:
-40.35%
FCAUX:
-3.54%
FSMDX:
-4.39%
Returns By Period
In the year-to-date period, FCAUX achieves a 2.04% return, which is significantly lower than FSMDX's 4.09% return.
FCAUX
2.04%
2.37%
7.93%
18.90%
N/A
N/A
FSMDX
4.09%
4.96%
10.87%
16.67%
9.03%
8.52%
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FCAUX vs. FSMDX - Expense Ratio Comparison
FCAUX has a 1.04% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Risk-Adjusted Performance
FCAUX vs. FSMDX — Risk-Adjusted Performance Rank
FCAUX
FSMDX
FCAUX vs. FSMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Climate Action Fund (FCAUX) 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
FCAUX vs. FSMDX - Dividend Comparison
FCAUX has not paid dividends to shareholders, while FSMDX's dividend yield for the trailing twelve months is around 1.12%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCAUX Fidelity Climate Action Fund | 0.00% | 0.00% | 0.15% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSMDX Fidelity Mid Cap Index Fund | 1.12% | 1.17% | 1.39% | 1.59% | 1.10% | 1.37% | 1.42% | 1.85% | 1.32% | 1.35% | 2.29% | 3.82% |
Drawdowns
FCAUX vs. FSMDX - Drawdown Comparison
The maximum FCAUX drawdown since its inception was -35.11%, smaller than the maximum FSMDX drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for FCAUX and FSMDX. For additional features, visit the drawdowns tool.
Volatility
FCAUX vs. FSMDX - Volatility Comparison
Fidelity Climate Action Fund (FCAUX) has a higher volatility of 4.90% compared to Fidelity Mid Cap Index Fund (FSMDX) at 3.18%. This indicates that FCAUX'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.