FIDKX vs. FSPSX
Compare and contrast key facts about Fidelity International Discovery Fund Class K (FIDKX) and Fidelity International Index Fund (FSPSX).
FIDKX is managed by Fidelity. It was launched on May 9, 2008. FSPSX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI ex USA IMI Index. It was launched on Nov 5, 1997.
Performance
FIDKX vs. FSPSX - Performance Comparison
Loading graphics...
FIDKX vs. FSPSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIDKX Fidelity International Discovery Fund Class K | -2.04% | 27.70% | 11.03% | 14.30% | -24.73% | 11.18% | 21.55% | 27.66% | -17.06% | 30.27% |
FSPSX Fidelity International Index Fund | 0.95% | 31.98% | 3.70% | 18.31% | -14.23% | 11.45% | 8.16% | 22.03% | -13.55% | 25.37% |
Returns By Period
In the year-to-date period, FIDKX achieves a -2.04% return, which is significantly lower than FSPSX's 0.95% return. Over the past 10 years, FIDKX has underperformed FSPSX with an annualized return of 8.24%, while FSPSX has yielded a comparatively higher 8.97% annualized return.
FIDKX
- 1D
- 3.28%
- 1M
- -7.82%
- YTD
- -2.04%
- 6M
- -0.48%
- 1Y
- 19.80%
- 3Y*
- 13.87%
- 5Y*
- 4.86%
- 10Y*
- 8.24%
FSPSX
- 1D
- 2.95%
- 1M
- -6.35%
- YTD
- 0.95%
- 6M
- 5.01%
- 1Y
- 22.97%
- 3Y*
- 14.61%
- 5Y*
- 8.36%
- 10Y*
- 8.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIDKX vs. FSPSX - Expense Ratio Comparison
FIDKX has a 0.90% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Return for Risk
FIDKX vs. FSPSX — Risk / Return Rank
FIDKX
FSPSX
FIDKX vs. FSPSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Discovery Fund Class K (FIDKX) 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.
| FIDKX | FSPSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 1.39 | -0.32 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.90 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.28 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 1.94 | -0.63 |
Martin ratioReturn relative to average drawdown | 5.06 | 7.43 | -2.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FIDKX | FSPSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 1.39 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.53 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.55 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.47 | -0.24 |
Correlation
The correlation between FIDKX and FSPSX is 0.96, 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.
Dividends
FIDKX vs. FSPSX - Dividend Comparison
FIDKX's dividend yield for the trailing twelve months is around 7.15%, more than FSPSX's 3.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDKX Fidelity International Discovery Fund Class K | 7.15% | 7.00% | 3.01% | 2.02% | 0.47% | 11.39% | 3.78% | 2.43% | 4.00% | 4.02% | 1.96% | 0.01% |
FSPSX Fidelity International Index Fund | 3.12% | 3.15% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% |
Drawdowns
FIDKX vs. FSPSX - Drawdown Comparison
The maximum FIDKX drawdown since its inception was -56.79%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FIDKX and FSPSX.
Loading graphics...
Drawdown Indicators
| FIDKX | FSPSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.79% | -33.69% | -23.10% |
Max Drawdown (1Y)Largest decline over 1 year | -13.08% | -11.39% | -1.69% |
Max Drawdown (5Y)Largest decline over 5 years | -36.47% | -29.41% | -7.06% |
Max Drawdown (10Y)Largest decline over 10 years | -36.47% | -33.69% | -2.78% |
Current DrawdownCurrent decline from peak | -10.21% | -8.22% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -13.56% | -6.60% | -6.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 2.97% | +0.43% |
Volatility
FIDKX vs. FSPSX - Volatility Comparison
Fidelity International Discovery Fund Class K (FIDKX) has a higher volatility of 9.04% compared to Fidelity International Index Fund (FSPSX) at 7.65%. This indicates that FIDKX'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.
Loading graphics...
Volatility by Period
| FIDKX | FSPSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.04% | 7.65% | +1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 13.27% | 11.01% | +2.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.37% | 17.00% | +2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.80% | 15.82% | +0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 16.49% | +0.36% |