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

Performance

FCPEX vs. FSSNX - Performance Comparison

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

0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember0
17.15%
FCPEX
FSSNX

Returns By Period


FCPEX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

FSSNX

YTD

20.29%

1M

8.87%

6M

17.15%

1Y

36.08%

5Y (annualized)

10.23%

10Y (annualized)

9.12%

Key characteristics


FCPEXFSSNX

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FCPEX vs. FSSNX - Expense Ratio Comparison

FCPEX has a 0.55% expense ratio, which is higher than FSSNX's 0.03% expense ratio.


FCPEX
Fidelity Small Cap Enhanced Index Fund
Expense ratio chart for FCPEX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for FSSNX: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.9

The correlation between FCPEX and FSSNX is 0.94, 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.

Risk-Adjusted Performance

FCPEX vs. FSSNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Enhanced Index Fund (FCPEX) 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.


Sharpe ratio
No data
The chart of Calmar ratio for FCPEX, currently valued at 0.00, compared to the broader market0.005.0010.0015.0020.0025.000.001.50
FCPEX
FSSNX

Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.00
1.72
FCPEX
FSSNX

Dividends

FCPEX vs. FSSNX - Dividend Comparison

FCPEX has not paid dividends to shareholders, while FSSNX's dividend yield for the trailing twelve months is around 1.02%.


TTM20232022202120202019201820172016201520142013
FCPEX
Fidelity Small Cap Enhanced Index Fund
0.00%1.69%5.16%20.85%0.59%0.95%15.52%8.51%0.67%2.46%6.70%6.77%
FSSNX
Fidelity Small Cap Index Fund
1.02%1.43%1.26%1.26%0.94%1.32%1.33%1.15%1.24%2.80%4.80%2.82%

Drawdowns

FCPEX vs. FSSNX - Drawdown Comparison


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-17.64%
-1.09%
FCPEX
FSSNX

Volatility

FCPEX vs. FSSNX - Volatility Comparison

The current volatility for Fidelity Small Cap Enhanced Index Fund (FCPEX) is 0.00%, while Fidelity Small Cap Index Fund (FSSNX) has a volatility of 7.67%. This indicates that FCPEX experiences smaller price fluctuations and is considered to be less risky than FSSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember0
7.67%
FCPEX
FSSNX