FIDKX vs. FZROX
Compare and contrast key facts about Fidelity International Discovery Fund Class K (FIDKX) and Fidelity ZERO Total Market Index Fund (FZROX).
FIDKX is managed by Fidelity. It was launched on May 9, 2008. FZROX is managed by Fidelity.
Performance
FIDKX vs. FZROX - Performance Comparison
Loading graphics...
FIDKX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIDKX Fidelity International Discovery Fund Class K | -5.15% | 27.70% | 11.03% | 14.30% | -24.73% | 11.18% | 21.55% | 27.66% | -11.95% |
FZROX Fidelity ZERO Total Market Index Fund | -6.77% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FIDKX achieves a -5.15% return, which is significantly higher than FZROX's -6.77% return.
FIDKX
- 1D
- 0.02%
- 1M
- -12.29%
- YTD
- -5.15%
- 6M
- -3.26%
- 1Y
- 16.60%
- 3Y*
- 12.65%
- 5Y*
- 4.49%
- 10Y*
- 7.89%
FZROX
- 1D
- -0.45%
- 1M
- -7.71%
- YTD
- -6.77%
- 6M
- -4.49%
- 1Y
- 14.82%
- 3Y*
- 16.81%
- 5Y*
- 10.36%
- 10Y*
- —
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. FZROX - Expense Ratio Comparison
FIDKX has a 0.90% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FIDKX vs. FZROX — Risk / Return Rank
FIDKX
FZROX
FIDKX vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Discovery Fund Class K (FIDKX) 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.
| FIDKX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.79 | 0.84 | -0.04 |
Sortino ratioReturn per unit of downside risk | 1.18 | 1.30 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.20 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.03 | 1.05 | -0.02 |
Martin ratioReturn relative to average drawdown | 3.93 | 5.11 | -1.19 |
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 | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 0.84 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.60 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.61 | -0.38 |
Correlation
The correlation between FIDKX and FZROX is 0.79, 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. FZROX - Dividend Comparison
FIDKX's dividend yield for the trailing twelve months is around 7.38%, more than FZROX's 1.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDKX Fidelity International Discovery Fund Class K | 7.38% | 7.00% | 3.01% | 2.02% | 0.47% | 11.39% | 3.78% | 2.43% | 4.00% | 4.02% | 1.96% | 0.01% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIDKX vs. FZROX - Drawdown Comparison
The maximum FIDKX drawdown since its inception was -56.79%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FIDKX and FZROX.
Loading graphics...
Drawdown Indicators
| FIDKX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.79% | -34.96% | -21.83% |
Max Drawdown (1Y)Largest decline over 1 year | -13.08% | -12.44% | -0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -36.47% | -25.12% | -11.35% |
Max Drawdown (10Y)Largest decline over 10 years | -36.47% | — | — |
Current DrawdownCurrent decline from peak | -13.06% | -8.89% | -4.17% |
Average DrawdownAverage peak-to-trough decline | -13.56% | -5.61% | -7.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 2.56% | +0.89% |
Volatility
FIDKX vs. FZROX - Volatility Comparison
Fidelity International Discovery Fund Class K (FIDKX) has a higher volatility of 8.28% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that FIDKX'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.
Loading graphics...
Volatility by Period
| FIDKX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.28% | 4.41% | +3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 12.88% | 9.34% | +3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.14% | 18.49% | +0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.74% | 17.40% | -0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.82% | 20.25% | -3.43% |