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FIENX vs. FMIJX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FIENXFMIJX

Correlation

-0.50.00.51.00.8

The correlation between FIENX and FMIJX is 0.80, 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

FIENX vs. FMIJX - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%110.00%120.00%130.00%140.00%150.00%160.00%JuneJulyAugustSeptemberOctoberNovember
104.37%
156.37%
FIENX
FMIJX

Compare stocks, funds, or ETFs

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FIENX vs. FMIJX - Expense Ratio Comparison

FIENX has a 0.55% expense ratio, which is lower than FMIJX's 0.94% expense ratio.


FMIJX
FMI International Fund
Expense ratio chart for FMIJX: current value at 0.94% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.94%
Expense ratio chart for FIENX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Risk-Adjusted Performance

FIENX vs. FMIJX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Enhanced Index Fund (FIENX) and FMI International Fund (FMIJX). 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.


FIENX
Sharpe ratio
The chart of Sharpe ratio for FIENX, currently valued at 1.00, compared to the broader market0.002.004.001.00
Sortino ratio
No data
Calmar ratio
The chart of Calmar ratio for FIENX, currently valued at 0.17, compared to the broader market0.005.0010.0015.0020.0025.000.17
FMIJX
Sharpe ratio
The chart of Sharpe ratio for FMIJX, currently valued at 1.39, compared to the broader market0.002.004.001.39
Sortino ratio
The chart of Sortino ratio for FMIJX, currently valued at 1.97, compared to the broader market0.005.0010.001.97
Omega ratio
The chart of Omega ratio for FMIJX, currently valued at 1.24, compared to the broader market1.002.003.004.001.24
Calmar ratio
The chart of Calmar ratio for FMIJX, currently valued at 1.78, compared to the broader market0.005.0010.0015.0020.0025.001.78
Martin ratio
The chart of Martin ratio for FMIJX, currently valued at 6.56, compared to the broader market0.0020.0040.0060.0080.00100.006.56

FIENX vs. FMIJX - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.00
1.39
FIENX
FMIJX

Dividends

FIENX vs. FMIJX - Dividend Comparison

Neither FIENX nor FMIJX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FIENX
Fidelity International Enhanced Index Fund
0.00%7.66%2.41%2.72%1.64%3.00%2.37%1.64%2.44%1.03%3.00%2.63%
FMIJX
FMI International Fund
0.00%0.00%15.23%3.46%0.00%3.55%4.60%0.28%3.05%1.82%2.10%0.71%

Drawdowns

FIENX vs. FMIJX - Drawdown Comparison


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.43%
-2.79%
FIENX
FMIJX

Volatility

FIENX vs. FMIJX - Volatility Comparison

The current volatility for Fidelity International Enhanced Index Fund (FIENX) is 0.00%, while FMI International Fund (FMIJX) has a volatility of 3.19%. This indicates that FIENX experiences smaller price fluctuations and is considered to be less risky than FMIJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember0
3.19%
FIENX
FMIJX