FENI vs. FSPSX
Compare and contrast key facts about Fidelity Enhanced International ETF (FENI) and Fidelity International Index Fund (FSPSX).
FENI is a passively managed fund by Fidelity that tracks the performance of the MSCI EAFE Index. It was launched on Dec 20, 2007. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FENI or FSPSX.
Correlation
The correlation between FENI and FSPSX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FENI vs. FSPSX - Performance Comparison
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Key characteristics
FENI:
0.72
FSPSX:
0.67
FENI:
1.19
FSPSX:
1.11
FENI:
1.16
FSPSX:
1.15
FENI:
0.97
FSPSX:
0.91
FENI:
2.95
FSPSX:
2.64
FENI:
4.65%
FSPSX:
4.69%
FENI:
17.79%
FSPSX:
16.78%
FENI:
-14.20%
FSPSX:
-33.69%
FENI:
0.00%
FSPSX:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with FENI having a 15.02% return and FSPSX slightly lower at 14.28%.
FENI
15.02%
9.62%
11.01%
12.69%
N/A
N/A
FSPSX
14.28%
9.34%
10.63%
11.22%
12.56%
5.56%
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FENI vs. FSPSX - Expense Ratio Comparison
FENI has a 0.28% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Risk-Adjusted Performance
FENI vs. FSPSX — Risk-Adjusted Performance Rank
FENI
FSPSX
FENI vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced International ETF (FENI) 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.
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Dividends
FENI vs. FSPSX - Dividend Comparison
FENI's dividend yield for the trailing twelve months is around 2.60%, more than FSPSX's 2.54% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FENI Fidelity Enhanced International ETF | 2.60% | 3.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSPSX Fidelity International Index Fund | 2.54% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% |
Drawdowns
FENI vs. FSPSX - Drawdown Comparison
The maximum FENI drawdown since its inception was -14.20%, smaller than the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FENI and FSPSX. For additional features, visit the drawdowns tool.
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Volatility
FENI vs. FSPSX - Volatility Comparison
Fidelity Enhanced International ETF (FENI) has a higher volatility of 4.13% compared to Fidelity International Index Fund (FSPSX) at 3.72%. This indicates that FENI'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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