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FFDKX vs. FZROX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFDKX and FZROX 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.


Performance

FFDKX vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Fund Class K (FFDKX) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFDKX:

0.44

FZROX:

0.67

Sortino Ratio

FFDKX:

0.73

FZROX:

1.05

Omega Ratio

FFDKX:

1.10

FZROX:

1.15

Calmar Ratio

FFDKX:

0.43

FZROX:

0.68

Martin Ratio

FFDKX:

1.43

FZROX:

2.57

Ulcer Index

FFDKX:

6.70%

FZROX:

5.11%

Daily Std Dev

FFDKX:

22.83%

FZROX:

20.03%

Max Drawdown

FFDKX:

-52.63%

FZROX:

-34.96%

Current Drawdown

FFDKX:

-5.21%

FZROX:

-2.96%

Returns By Period

In the year-to-date period, FFDKX achieves a 0.44% return, which is significantly lower than FZROX's 1.52% return.


FFDKX

YTD

0.44%

1M

15.05%

6M

0.54%

1Y

9.97%

3Y*

17.61%

5Y*

13.65%

10Y*

8.99%

FZROX

YTD

1.52%

1M

13.25%

6M

1.27%

1Y

13.34%

3Y*

16.37%

5Y*

16.24%

10Y*

N/A

*Annualized

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Fidelity Fund Class K

FFDKX vs. FZROX - Expense Ratio Comparison

FFDKX has a 0.38% expense ratio, which is higher than FZROX's 0.00% expense ratio.


Risk-Adjusted Performance

FFDKX vs. FZROX — Risk-Adjusted Performance Rank

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

FFDKX
The Risk-Adjusted Performance Rank of FFDKX is 4747
Overall Rank
The Sharpe Ratio Rank of FFDKX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of FFDKX is 4545
Sortino Ratio Rank
The Omega Ratio Rank of FFDKX is 4646
Omega Ratio Rank
The Calmar Ratio Rank of FFDKX is 5353
Calmar Ratio Rank
The Martin Ratio Rank of FFDKX is 4545
Martin Ratio Rank

FZROX
The Risk-Adjusted Performance Rank of FZROX is 6565
Overall Rank
The Sharpe Ratio Rank of FZROX is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of FZROX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of FZROX is 6565
Omega Ratio Rank
The Calmar Ratio Rank of FZROX is 7070
Calmar Ratio Rank
The Martin Ratio Rank of FZROX is 6565
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.

FFDKX vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Fund Class K (FFDKX) and Fidelity ZERO Total Market Index Fund (FZROX). 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 FFDKX Sharpe Ratio is 0.44, which is lower than the FZROX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of FFDKX and FZROX, 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

FFDKX vs. FZROX - Dividend Comparison

FFDKX has not paid dividends to shareholders, while FZROX's dividend yield for the trailing twelve months is around 1.14%.


TTM20242023202220212020201920182017201620152014
FFDKX
Fidelity Fund Class K
0.00%0.00%0.73%0.74%0.33%0.84%0.91%1.19%1.09%1.16%5.32%12.54%
FZROX
Fidelity ZERO Total Market Index Fund
1.14%1.16%1.36%1.57%1.08%1.27%1.45%0.63%0.00%0.00%0.00%0.00%

Drawdowns

FFDKX vs. FZROX - Drawdown Comparison

The maximum FFDKX drawdown since its inception was -52.63%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FFDKX and FZROX. For additional features, visit the drawdowns tool.


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Volatility

FFDKX vs. FZROX - Volatility Comparison

Fidelity Fund Class K (FFDKX) has a higher volatility of 5.93% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 5.64%. This indicates that FFDKX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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