FCFMX vs. FZROX
Compare and contrast key facts about Fidelity Series Total Market Index Fund (FCFMX) and Fidelity ZERO Total Market Index Fund (FZROX).
FCFMX is managed by Fidelity. It was launched on Apr 26, 2019. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCFMX or FZROX.
Correlation
The correlation between FCFMX and FZROX is 0.99, 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
FCFMX vs. FZROX - Performance Comparison
Key characteristics
FCFMX:
1.65
FZROX:
1.65
FCFMX:
2.23
FZROX:
2.23
FCFMX:
1.30
FZROX:
1.30
FCFMX:
2.53
FZROX:
2.52
FCFMX:
9.96
FZROX:
9.95
FCFMX:
2.18%
FZROX:
2.17%
FCFMX:
13.18%
FZROX:
13.16%
FCFMX:
-34.99%
FZROX:
-34.96%
FCFMX:
-2.39%
FZROX:
-2.35%
Returns By Period
The year-to-date returns for both investments are quite close, with FCFMX having a 2.14% return and FZROX slightly higher at 2.16%.
FCFMX
2.14%
-1.56%
7.35%
19.27%
13.25%
N/A
FZROX
2.16%
-1.56%
7.31%
19.23%
13.62%
N/A
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FCFMX vs. FZROX - Expense Ratio Comparison
FCFMX has a 0.00% expense ratio, which is lower than FZROX's 0.00% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FCFMX vs. FZROX — Risk-Adjusted Performance Rank
FCFMX
FZROX
FCFMX vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Total Market Index Fund (FCFMX) and Fidelity ZERO Total Market Index Fund (FZROX). 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
FCFMX vs. FZROX - Dividend Comparison
FCFMX's dividend yield for the trailing twelve months is around 1.24%, more than FZROX's 1.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FCFMX Fidelity Series Total Market Index Fund | 1.24% | 1.27% | 1.45% | 1.62% | 1.17% | 1.39% | 1.14% | 0.00% |
FZROX Fidelity ZERO Total Market Index Fund | 1.13% | 1.16% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% |
Drawdowns
FCFMX vs. FZROX - Drawdown Comparison
The maximum FCFMX drawdown since its inception was -34.99%, roughly equal to the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FCFMX and FZROX. For additional features, visit the drawdowns tool.
Volatility
FCFMX vs. FZROX - Volatility Comparison
Fidelity Series Total Market Index Fund (FCFMX) and Fidelity ZERO Total Market Index Fund (FZROX) have volatilities of 3.56% and 3.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.