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FCIGX vs. FSSNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FCIGX and FSSNX is 0.83, 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

FCIGX vs. FSSNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Small Cap Growth Fund Class I (FCIGX) and Fidelity Small Cap Index Fund (FSSNX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FCIGX:

0.09

FSSNX:

0.08

Sortino Ratio

FCIGX:

0.25

FSSNX:

0.26

Omega Ratio

FCIGX:

1.03

FSSNX:

1.03

Calmar Ratio

FCIGX:

0.04

FSSNX:

0.05

Martin Ratio

FCIGX:

0.13

FSSNX:

0.14

Ulcer Index

FCIGX:

9.80%

FSSNX:

9.52%

Daily Std Dev

FCIGX:

25.57%

FSSNX:

24.56%

Max Drawdown

FCIGX:

-59.05%

FSSNX:

-44.52%

Current Drawdown

FCIGX:

-13.37%

FSSNX:

-13.18%

Returns By Period

The year-to-date returns for both investments are quite close, with FCIGX having a -5.15% return and FSSNX slightly higher at -5.13%. Over the past 10 years, FCIGX has outperformed FSSNX with an annualized return of 10.48%, while FSSNX has yielded a comparatively lower 5.54% annualized return.


FCIGX

YTD

-5.15%

1M

12.63%

6M

-7.86%

1Y

2.35%

3Y*

11.62%

5Y*

10.37%

10Y*

10.48%

FSSNX

YTD

-5.13%

1M

12.03%

6M

-8.06%

1Y

1.98%

3Y*

7.61%

5Y*

10.30%

10Y*

5.54%

*Annualized

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Fidelity Small Cap Index Fund

FCIGX vs. FSSNX - Expense Ratio Comparison

FCIGX has a 1.04% expense ratio, which is higher than FSSNX's 0.03% expense ratio.


Risk-Adjusted Performance

FCIGX vs. FSSNX — Risk-Adjusted Performance Rank

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

FCIGX
The Risk-Adjusted Performance Rank of FCIGX is 2222
Overall Rank
The Sharpe Ratio Rank of FCIGX is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of FCIGX is 2323
Sortino Ratio Rank
The Omega Ratio Rank of FCIGX is 2121
Omega Ratio Rank
The Calmar Ratio Rank of FCIGX is 2121
Calmar Ratio Rank
The Martin Ratio Rank of FCIGX is 2020
Martin Ratio Rank

FSSNX
The Risk-Adjusted Performance Rank of FSSNX is 2121
Overall Rank
The Sharpe Ratio Rank of FSSNX is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of FSSNX is 2323
Sortino Ratio Rank
The Omega Ratio Rank of FSSNX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of FSSNX is 2020
Calmar Ratio Rank
The Martin Ratio Rank of FSSNX is 1919
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FCIGX vs. FSSNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Growth Fund Class I (FCIGX) and Fidelity Small Cap Index Fund (FSSNX). 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.


The current FCIGX Sharpe Ratio is 0.09, which is comparable to the FSSNX Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of FCIGX and FSSNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FCIGX vs. FSSNX - Dividend Comparison

FCIGX's dividend yield for the trailing twelve months is around 0.99%, less than FSSNX's 1.08% yield.


TTM20242023202220212020201920182017201620152014
FCIGX
Fidelity Advisor Small Cap Growth Fund Class I
0.99%0.94%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.32%8.35%
FSSNX
Fidelity Small Cap Index Fund
1.08%1.03%1.43%1.26%1.26%0.94%1.32%1.33%1.15%1.24%2.80%4.80%

Drawdowns

FCIGX vs. FSSNX - Drawdown Comparison

The maximum FCIGX drawdown since its inception was -59.05%, which is greater than FSSNX's maximum drawdown of -44.52%. Use the drawdown chart below to compare losses from any high point for FCIGX and FSSNX. For additional features, visit the drawdowns tool.


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Volatility

FCIGX vs. FSSNX - Volatility Comparison

Fidelity Advisor Small Cap Growth Fund Class I (FCIGX) and Fidelity Small Cap Index Fund (FSSNX) have volatilities of 6.42% and 6.32%, 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.


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