FCTDX vs. VSMPX

Last updated Aug 1, 2026

FCTDX (Strategic Advisers Fidelity U.S. Total Stock Fund) and VSMPX (Vanguard Total Stock Market Index Fund Institutional Plus Shares) are both Large Cap Blend Equities funds. FCTDX is actively managed, while VSMPX is passively managed. Over the past 5 years, FCTDX returned 12.15%/yr vs 11.63%/yr for VSMPX. Their 0.95 correlation means they have historically moved very closely together. FCTDX charges 0.61%/yr vs 0.02%/yr for VSMPX.

Performance

FCTDX vs. VSMPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategic Advisers Fidelity U.S. Total Stock Fund (FCTDX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCTDX achieves a 12.81% return, which is significantly higher than VSMPX's 9.88% return.

FCTDX

• 1D: 1.57%
• 1M: -0.66%
• 6M: 9.69%
• YTD: 12.81%
• 1Y: 22.60%
• 3Y*: 19.08%
• 5Y*: 12.15%
• 10Y*: —
• ALL TIME*: 14.78%

VSMPX

• 1D: 1.63%
• 1M: -0.78%
• 6M: 8.16%
• YTD: 9.88%
• 1Y: 21.12%
• 3Y*: 18.60%
• 5Y*: 11.63%
• 10Y*: 14.49%
• ALL TIME*: 14.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FCTDX Strategic Advisers Fidelity U.S. Total Stock Fund	$0.00	$0.00	$0.00
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares	$0.00	$0.00	$0.00

FCTDX vs. VSMPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FCTDX Strategic Advisers Fidelity U.S. Total Stock Fund	12.81%	15.63%	23.13%	26.72%	-17.93%	25.40%	22.20%	29.99%	-5.32%
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares	9.88%	17.15%	23.26%	26.53%	-19.50%	25.74%	21.01%	30.79%	-4.59%

Correlation

The correlation between FCTDX and VSMPX is 0.83, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.83
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (All Time) Calculated using the full available price history since Apr 2, 2018	0.95

The correlation between FCTDX and VSMPX shifts across timeframes, from 0.83 (1 year) to 0.95 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FCTDX vs. VSMPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FCTDX

FCTDX Risk / Return Rank: 84
FCTDX Sharpe Ratio Rank: 82
FCTDX Sortino Ratio Rank: 80
FCTDX Omega Ratio Rank: 78
FCTDX Calmar Ratio Rank: 86
FCTDX Martin Ratio Rank: 93

VSMPX

VSMPX Risk / Return Rank: 64
VSMPX Sharpe Ratio Rank: 61
VSMPX Sortino Ratio Rank: 58
VSMPX Omega Ratio Rank: 57
VSMPX Calmar Ratio Rank: 66
VSMPX Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FCTDX vs. VSMPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Fidelity U.S. Total Stock Fund (FCTDX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FCTDX	VSMPX	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.43	+0.49
Sortino ratio: Return per unit of downside risk	2.73	2.01	+0.72
Omega ratio: Gain probability vs. loss probability	1.34	1.26	+0.09
Calmar ratio: Return relative to maximum drawdown	2.92	2.10	+0.82
Martin ratio: Return relative to average drawdown	13.57	9.09	+4.47

FCTDX vs. VSMPX - Sharpe Ratio Comparison

The current FCTDX Sharpe Ratio is 1.92, which is higher than the VSMPX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of FCTDX and VSMPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FCTDX vs. VSMPX - Drawdown Comparison

The maximum FCTDX drawdown since its inception was -34.51%, roughly equal to the maximum VSMPX drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for FCTDX and VSMPX.

Drawdown Indicators

	FCTDX	VSMPX	Difference
Max Drawdown Largest peak-to-trough decline	-34.51%	-34.97%	+0.46%
Max Drawdown (1Y) Largest decline over 1 year	-8.96%	-8.92%	-0.04%
Max Drawdown (3Y) Largest decline over 3 years	-19.08%	-19.36%	+0.28%
Max Drawdown (5Y) Largest decline over 5 years	-24.92%	-25.35%	+0.43%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.97%	—
Current Drawdown Current decline from peak	-1.43%	-1.89%	+0.46%
Average Drawdown Average peak-to-trough decline	-5.11%	-4.55%	-0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	2.06%	-0.20%

Volatility

FCTDX vs. VSMPX - Volatility Comparison

The current volatility for Strategic Advisers Fidelity U.S. Total Stock Fund (FCTDX) is 3.20%, while Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) has a volatility of 3.41%. This indicates that FCTDX experiences smaller price fluctuations and is considered to be less risky than VSMPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCTDX	VSMPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	3.41%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	10.77%	10.27%	+0.50%
Volatility (1Y) Calculated over the trailing 1-year period	13.65%	13.13%	+0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.59%	17.47%	+0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.58%	18.41%	+1.17%

FCTDX vs. VSMPX - Expense Ratio Comparison

FCTDX has a 0.61% expense ratio, which is higher than VSMPX's 0.02% expense ratio.

Dividends

FCTDX vs. VSMPX - Dividend Comparison

FCTDX's dividend yield for the trailing twelve months is around 5.64%, more than VSMPX's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FCTDX Strategic Advisers Fidelity U.S. Total Stock Fund	5.64%	1.90%	4.33%	2.26%	5.75%	7.90%	2.73%	2.89%	2.38%	0.00%	0.00%
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares	1.07%	1.13%	1.27%	1.43%	1.67%	1.22%	1.43%	1.78%	2.05%	1.73%	1.95%

Frequently Asked Questions

Can I hold both FCTDX and VSMPX in my portfolio?

FCTDX and VSMPX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCTDX or VSMPX?

VSMPX has higher volatility (3.41%) compared to FCTDX (3.20%). In terms of maximum drawdown, FCTDX dropped -34.51% vs VSMPX's -34.97%.

Which has better risk-adjusted returns?

FCTDX currently has the higher Sharpe Ratio (1.92 vs 1.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.