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FHKCX vs. FSKAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.6

Performance

FHKCX vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity China Region Fund (FHKCX) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
196.14%
485.16%
FHKCX
FSKAX

Key characteristics

Sharpe Ratio

FHKCX:

1.19

FSKAX:

2.00

Sortino Ratio

FHKCX:

1.80

FSKAX:

2.67

Omega Ratio

FHKCX:

1.22

FSKAX:

1.37

Calmar Ratio

FHKCX:

0.52

FSKAX:

2.99

Martin Ratio

FHKCX:

4.30

FSKAX:

12.68

Ulcer Index

FHKCX:

5.92%

FSKAX:

2.03%

Daily Std Dev

FHKCX:

21.41%

FSKAX:

12.88%

Max Drawdown

FHKCX:

-60.72%

FSKAX:

-35.01%

Current Drawdown

FHKCX:

-33.18%

FSKAX:

-4.07%

Returns By Period

In the year-to-date period, FHKCX achieves a 21.90% return, which is significantly lower than FSKAX's 23.68% return. Over the past 10 years, FHKCX has underperformed FSKAX with an annualized return of 6.92%, while FSKAX has yielded a comparatively higher 12.12% annualized return.


FHKCX

YTD

21.90%

1M

-1.84%

6M

3.94%

1Y

23.29%

5Y*

3.87%

10Y*

6.92%

FSKAX

YTD

23.68%

1M

-0.95%

6M

8.93%

1Y

24.31%

5Y*

13.85%

10Y*

12.12%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FHKCX vs. FSKAX - Expense Ratio Comparison

FHKCX has a 0.91% expense ratio, which is higher than FSKAX's 0.02% expense ratio.


FHKCX
Fidelity China Region Fund
Expense ratio chart for FHKCX: current value at 0.91% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.91%
Expense ratio chart for FSKAX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

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.


Sharpe ratio
The chart of Sharpe ratio for FHKCX, currently valued at 1.19, compared to the broader market-1.000.001.002.003.004.001.192.00
The chart of Sortino ratio for FHKCX, currently valued at 1.80, compared to the broader market-2.000.002.004.006.008.0010.001.802.67
The chart of Omega ratio for FHKCX, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.003.501.221.37
The chart of Calmar ratio for FHKCX, currently valued at 0.52, compared to the broader market0.002.004.006.008.0010.0012.0014.000.522.99
The chart of Martin ratio for FHKCX, currently valued at 4.30, compared to the broader market0.0020.0040.0060.004.3012.68
FHKCX
FSKAX

The current FHKCX Sharpe Ratio is 1.19, which is lower than the FSKAX Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of FHKCX and FSKAX, 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 Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.19
2.00
FHKCX
FSKAX

Dividends

FHKCX vs. FSKAX - Dividend Comparison

FHKCX's dividend yield for the trailing twelve months is around 0.05%, less than FSKAX's 0.18% yield.


TTM20232022202120202019201820172016201520142013
FHKCX
Fidelity China Region Fund
0.05%1.92%1.05%0.13%0.97%0.66%0.83%0.39%1.14%16.83%15.96%12.04%
FSKAX
Fidelity Total Market Index Fund
0.18%1.41%1.62%1.15%1.45%1.80%2.06%1.66%1.82%1.96%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.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-33.18%
-4.07%
FHKCX
FSKAX

Volatility

FHKCX vs. FSKAX - Volatility Comparison

Fidelity China Region Fund (FHKCX) has a higher volatility of 5.37% compared to Fidelity Total Market Index Fund (FSKAX) at 3.89%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
5.37%
3.89%
FHKCX
FSKAX
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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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