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

Correlation

The correlation between FDIVX and FSPSX is 0.95, 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.


-0.50.00.51.01.0

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.

-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
-4.83%
-4.94%
FDIVX
FSPSX

Key characteristics

Sharpe Ratio

FDIVX:

0.30

FSPSX:

0.14

Sortino Ratio

FDIVX:

0.50

FSPSX:

0.28

Omega Ratio

FDIVX:

1.06

FSPSX:

1.03

Calmar Ratio

FDIVX:

0.29

FSPSX:

0.15

Martin Ratio

FDIVX:

1.22

FSPSX:

0.51

Ulcer Index

FDIVX:

3.45%

FSPSX:

3.61%

Daily Std Dev

FDIVX:

13.96%

FSPSX:

12.96%

Max Drawdown

FDIVX:

-59.98%

FSPSX:

-33.69%

Current Drawdown

FDIVX:

-11.39%

FSPSX:

-11.89%

Returns By Period

In the year-to-date period, FDIVX achieves a 3.19% return, which is significantly higher than FSPSX's 0.72% return. Over the past 10 years, FDIVX has outperformed FSPSX with an annualized return of 5.52%, while FSPSX has yielded a comparatively lower 4.91% annualized return.


FDIVX

YTD

3.19%

1M

-5.15%

6M

-4.83%

1Y

4.03%

5Y*

4.50%

10Y*

5.52%

FSPSX

YTD

0.72%

1M

-3.92%

6M

-4.94%

1Y

1.80%

5Y*

4.33%

10Y*

4.91%

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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.


FDIVX
Fidelity Diversified International Fund
Expense ratio chart for FDIVX: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FSPSX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for FDIVX, currently valued at 0.30, compared to the broader market-1.000.001.002.003.004.000.300.14
The chart of Sortino ratio for FDIVX, currently valued at 0.50, compared to the broader market-2.000.002.004.006.008.0010.000.500.28
The chart of Omega ratio for FDIVX, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.003.501.061.03
The chart of Calmar ratio for FDIVX, currently valued at 0.29, compared to the broader market0.002.004.006.008.0010.0012.0014.000.290.15
The chart of Martin ratio for FDIVX, currently valued at 1.22, compared to the broader market0.0020.0040.0060.001.220.51
FDIVX
FSPSX

The current FDIVX Sharpe Ratio is 0.30, which is higher than the FSPSX Sharpe Ratio of 0.14. 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.30
0.14
FDIVX
FSPSX

Dividends

FDIVX vs. FSPSX - Dividend Comparison

FDIVX has not paid dividends to shareholders, while FSPSX's dividend yield for the trailing twelve months is around 0.37%.


TTM20232022202120202019201820172016201520142013
FDIVX
Fidelity Diversified International Fund
0.00%1.71%0.38%1.17%0.04%1.32%1.35%1.08%1.15%2.23%4.97%2.36%
FSPSX
Fidelity International Index Fund
0.37%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%2.59%

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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.39%
-11.89%
FDIVX
FSPSX

Volatility

FDIVX vs. FSPSX - Volatility Comparison

Fidelity Diversified International Fund (FDIVX) has a higher volatility of 5.36% compared to Fidelity International Index Fund (FSPSX) at 4.68%. 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.


3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.36%
4.68%
FDIVX
FSPSX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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