FHKCX vs. FSKAX
Compare and contrast key facts about Fidelity China Region Fund (FHKCX) and Fidelity Total Market Index Fund (FSKAX).
FHKCX is managed by Fidelity. It was launched on Nov 1, 1995. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHKCX or FSKAX.
Key characteristics
| FHKCX | FSKAX | |
|---|---|---|
| YTD Return | 19.03% | 10.95% |
| 1Y Return | 17.53% | 28.00% |
| 3Y Return (Ann) | -8.09% | 8.76% |
| 5Y Return (Ann) | 7.02% | 14.21% |
| 10Y Return (Ann) | 7.85% | 12.43% |
| Sharpe Ratio | 0.91 | 2.44 |
| Daily Std Dev | 18.02% | 12.00% |
| Max Drawdown | -60.72% | -35.01% |
| Current Drawdown | -34.76% | -0.14% |
Correlation
The correlation between FHKCX and FSKAX is 0.57, 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
FHKCX vs. FSKAX - Performance Comparison
In the year-to-date period, FHKCX achieves a 19.03% return, which is significantly higher than FSKAX's 10.95% return. Over the past 10 years, FHKCX has underperformed FSKAX with an annualized return of 7.85%, while FSKAX has yielded a comparatively higher 12.43% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FHKCX vs. FSKAX - Expense Ratio Comparison
FHKCX has a 0.91% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Risk-Adjusted Performance
FHKCX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity China Region Fund (FHKCX) and Fidelity Total Market Index Fund (FSKAX). 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.
Dividends
FHKCX vs. FSKAX - Dividend Comparison
FHKCX's dividend yield for the trailing twelve months is around 1.61%, more than FSKAX's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHKCX Fidelity China Region Fund | 1.61% | 1.92% | 2.10% | 10.77% | 4.85% | 0.66% | 0.83% | 0.39% | 1.35% | 16.83% | 15.96% | 12.04% |
FSKAX Fidelity Total Market Index Fund | 1.30% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.33% | 2.43% | 2.49% | 1.63% | 1.54% |
Drawdowns
FHKCX vs. FSKAX - Drawdown Comparison
The maximum FHKCX drawdown since its inception was -60.72%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FHKCX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
FHKCX vs. FSKAX - Volatility Comparison
Fidelity China Region Fund (FHKCX) has a higher volatility of 5.43% compared to Fidelity Total Market Index Fund (FSKAX) at 3.41%. This indicates that FHKCX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.