Correlation
The correlation between FCMVX and FSMDX is 0.82, 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.
FCMVX vs. FSMDX
Compare and contrast key facts about Fidelity Mid Cap Value K6 Fund (FCMVX) and Fidelity Mid Cap Index Fund (FSMDX).
FCMVX is managed by Fidelity. It was launched on May 25, 2017. 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: FCMVX or FSMDX.
Performance
FCMVX vs. FSMDX - Performance Comparison
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Key characteristics
FCMVX:
0.12
FSMDX:
0.57
FCMVX:
0.30
FSMDX:
0.88
FCMVX:
1.04
FSMDX:
1.12
FCMVX:
0.09
FSMDX:
0.50
FCMVX:
0.27
FSMDX:
1.72
FCMVX:
7.84%
FSMDX:
6.09%
FCMVX:
21.88%
FSMDX:
19.80%
FCMVX:
-44.63%
FSMDX:
-40.35%
FCMVX:
-11.01%
FSMDX:
-6.12%
Returns By Period
In the year-to-date period, FCMVX achieves a -3.35% return, which is significantly lower than FSMDX's 1.04% return.
FCMVX
-3.35%
4.81%
-10.57%
1.57%
8.66%
15.48%
N/A
FSMDX
1.04%
5.63%
-6.05%
10.32%
9.07%
12.69%
9.24%
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FCMVX vs. FSMDX - Expense Ratio Comparison
FCMVX has a 0.45% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Risk-Adjusted Performance
FCMVX vs. FSMDX — Risk-Adjusted Performance Rank
FCMVX
FSMDX
FCMVX vs. FSMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value K6 Fund (FCMVX) 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.
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Dividends
FCMVX vs. FSMDX - Dividend Comparison
FCMVX's dividend yield for the trailing twelve months is around 46.51%, more than FSMDX's 2.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCMVX Fidelity Mid Cap Value K6 Fund | 46.51% | 38.54% | 1.29% | 1.68% | 1.39% | 2.19% | 1.68% | 2.99% | 0.77% | 0.00% | 0.00% | 0.00% |
FSMDX Fidelity Mid Cap Index Fund | 2.29% | 2.32% | 1.39% | 2.07% | 3.35% | 2.34% | 2.86% | 2.60% | 2.53% | 2.23% | 4.29% | 2.59% |
Drawdowns
FCMVX vs. FSMDX - Drawdown Comparison
The maximum FCMVX drawdown since its inception was -44.63%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for FCMVX and FSMDX.
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Volatility
FCMVX vs. FSMDX - Volatility Comparison
Fidelity Mid Cap Value K6 Fund (FCMVX) has a higher volatility of 6.16% compared to Fidelity Mid Cap Index Fund (FSMDX) at 5.16%. This indicates that FCMVX'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.
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