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FIICX vs. FSPSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIICX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Mid Cap II Fund Class C (FIICX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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FIICX vs. FSPSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIICX
Fidelity Advisor Mid Cap II Fund Class C
1.10%5.27%23.14%13.72%-15.74%23.94%17.35%22.40%-15.85%19.33%
FSPSX
Fidelity International Index Fund
-1.94%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, FIICX achieves a 1.10% return, which is significantly higher than FSPSX's -1.94% return. Over the past 10 years, FIICX has outperformed FSPSX with an annualized return of 9.56%, while FSPSX has yielded a comparatively lower 8.65% annualized return.


FIICX

1D
-1.43%
1M
-8.90%
YTD
1.10%
6M
5.11%
1Y
20.60%
3Y*
13.12%
5Y*
7.07%
10Y*
9.56%

FSPSX

1D
0.42%
1M
-10.86%
YTD
-1.94%
6M
2.58%
1Y
19.89%
3Y*
13.50%
5Y*
7.96%
10Y*
8.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIICX vs. FSPSX - Expense Ratio Comparison

FIICX has a 1.83% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Return for Risk

FIICX vs. FSPSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIICX
FIICX Risk / Return Rank: 4949
Overall Rank
FIICX Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
FIICX Sortino Ratio Rank: 4747
Sortino Ratio Rank
FIICX Omega Ratio Rank: 4646
Omega Ratio Rank
FIICX Calmar Ratio Rank: 4949
Calmar Ratio Rank
FIICX Martin Ratio Rank: 5555
Martin Ratio Rank

FSPSX
FSPSX Risk / Return Rank: 6464
Overall Rank
FSPSX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FSPSX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FSPSX Omega Ratio Rank: 6060
Omega Ratio Rank
FSPSX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FSPSX Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIICX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mid Cap II Fund Class C (FIICX) 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.


FIICXFSPSXDifference

Sharpe ratio

Return per unit of total volatility

0.94

1.11

-0.17

Sortino ratio

Return per unit of downside risk

1.40

1.56

-0.16

Omega ratio

Gain probability vs. loss probability

1.20

1.23

-0.02

Calmar ratio

Return relative to maximum drawdown

1.23

1.54

-0.32

Martin ratio

Return relative to average drawdown

5.41

5.93

-0.52

FIICX vs. FSPSX - Sharpe Ratio Comparison

The current FIICX Sharpe Ratio is 0.94, which is comparable to the FSPSX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of FIICX and FSPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FIICXFSPSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.94

1.11

-0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

0.51

-0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

0.53

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.46

-0.01

Correlation

The correlation between FIICX and FSPSX is 0.75, 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

FIICX vs. FSPSX - Dividend Comparison

FIICX's dividend yield for the trailing twelve months is around 9.14%, more than FSPSX's 3.22% yield.


TTM20252024202320222021202020192018201720162015
FIICX
Fidelity Advisor Mid Cap II Fund Class C
9.14%8.11%14.08%2.98%6.81%21.73%1.13%3.23%11.72%8.22%4.95%5.19%
FSPSX
Fidelity International Index Fund
3.22%3.15%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.50%3.08%2.79%

Drawdowns

FIICX vs. FSPSX - Drawdown Comparison

The maximum FIICX drawdown since its inception was -53.75%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FIICX and FSPSX.


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Drawdown Indicators


FIICXFSPSXDifference

Max Drawdown

Largest peak-to-trough decline

-53.75%

-33.69%

-20.06%

Max Drawdown (1Y)

Largest decline over 1 year

-14.90%

-11.39%

-3.51%

Max Drawdown (5Y)

Largest decline over 5 years

-27.79%

-29.41%

+1.62%

Max Drawdown (10Y)

Largest decline over 10 years

-43.31%

-33.69%

-9.62%

Current Drawdown

Current decline from peak

-9.86%

-10.86%

+1.00%

Average Drawdown

Average peak-to-trough decline

-8.68%

-6.59%

-2.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.38%

2.96%

+0.42%

Volatility

FIICX vs. FSPSX - Volatility Comparison

Fidelity Advisor Mid Cap II Fund Class C (FIICX) has a higher volatility of 7.69% compared to Fidelity International Index Fund (FSPSX) at 7.04%. This indicates that FIICX'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.


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Volatility by Period


FIICXFSPSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.69%

7.04%

+0.65%

Volatility (6M)

Calculated over the trailing 6-month period

13.47%

10.63%

+2.84%

Volatility (1Y)

Calculated over the trailing 1-year period

22.11%

16.79%

+5.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.87%

15.77%

+5.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.23%

16.47%

+4.76%