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FDIVX vs. FSPSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDIVX and FSPSX is 0.76, 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

FDIVX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Diversified International Fund (FDIVX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FDIVX:

0.43

FSPSX:

0.62

Sortino Ratio

FDIVX:

0.76

FSPSX:

1.00

Omega Ratio

FDIVX:

1.10

FSPSX:

1.14

Calmar Ratio

FDIVX:

0.36

FSPSX:

0.80

Martin Ratio

FDIVX:

1.74

FSPSX:

2.33

Ulcer Index

FDIVX:

4.89%

FSPSX:

4.69%

Daily Std Dev

FDIVX:

18.66%

FSPSX:

16.73%

Max Drawdown

FDIVX:

-59.98%

FSPSX:

-33.69%

Current Drawdown

FDIVX:

-10.26%

FSPSX:

-0.89%

Returns By Period

In the year-to-date period, FDIVX achieves a 11.08% return, which is significantly lower than FSPSX's 13.04% return. Over the past 10 years, FDIVX has underperformed FSPSX with an annualized return of 3.21%, while FSPSX has yielded a comparatively higher 5.46% annualized return.


FDIVX

YTD

11.08%

1M

8.45%

6M

4.60%

1Y

7.76%

5Y*

6.76%

10Y*

3.21%

FSPSX

YTD

13.04%

1M

8.15%

6M

9.51%

1Y

10.01%

5Y*

12.13%

10Y*

5.46%

*Annualized

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FDIVX vs. FSPSX - Expense Ratio Comparison

FDIVX has a 1.01% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Risk-Adjusted Performance

FDIVX vs. FSPSX — Risk-Adjusted Performance Rank

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

FDIVX
The Risk-Adjusted Performance Rank of FDIVX is 5353
Overall Rank
The Sharpe Ratio Rank of FDIVX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FDIVX is 5454
Sortino Ratio Rank
The Omega Ratio Rank of FDIVX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of FDIVX is 5454
Calmar Ratio Rank
The Martin Ratio Rank of FDIVX is 5454
Martin Ratio Rank

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 7070
Overall Rank
The Sharpe Ratio Rank of FSPSX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 6767
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 6868
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.

FDIVX vs. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund (FDIVX) and Fidelity International Index Fund (FSPSX). 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 FDIVX Sharpe Ratio is 0.43, which is lower than the FSPSX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of FDIVX and FSPSX, 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

FDIVX vs. FSPSX - Dividend Comparison

FDIVX's dividend yield for the trailing twelve months is around 3.54%, more than FSPSX's 2.56% yield.


TTM20242023202220212020201920182017201620152014
FDIVX
Fidelity Diversified International Fund
3.54%3.93%4.29%1.34%10.59%0.97%1.32%7.32%5.30%1.36%2.23%4.97%
FSPSX
Fidelity International Index Fund
2.56%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%

Drawdowns

FDIVX vs. FSPSX - Drawdown Comparison

The maximum FDIVX drawdown since its inception was -59.98%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FDIVX and FSPSX. For additional features, visit the drawdowns tool.


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Volatility

FDIVX vs. FSPSX - Volatility Comparison

Fidelity Diversified International Fund (FDIVX) has a higher volatility of 4.49% compared to Fidelity International Index Fund (FSPSX) at 4.08%. This indicates that FDIVX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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