FIMVX vs. SWPPX
Compare and contrast key facts about Fidelity Mid Cap Value Index Fund (FIMVX) and Schwab S&P 500 Index Fund (SWPPX).
FIMVX is managed by Fidelity. It was launched on Jul 11, 2019. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
FIMVX vs. SWPPX - Performance Comparison
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FIMVX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FIMVX Fidelity Mid Cap Value Index Fund | 1.26% | 11.01% | 13.02% | 12.75% | -12.08% | 28.21% | 4.74% | 7.42% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 9.24% |
Returns By Period
In the year-to-date period, FIMVX achieves a 1.26% return, which is significantly higher than SWPPX's -7.07% return.
FIMVX
- 1D
- -0.67%
- 1M
- -7.26%
- YTD
- 1.26%
- 6M
- 2.71%
- 1Y
- 14.86%
- 3Y*
- 12.23%
- 5Y*
- 7.40%
- 10Y*
- —
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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FIMVX vs. SWPPX - Expense Ratio Comparison
FIMVX has a 0.05% expense ratio, which is higher than SWPPX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FIMVX vs. SWPPX — Risk / Return Rank
FIMVX
SWPPX
FIMVX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value Index Fund (FIMVX) and Schwab S&P 500 Index Fund (SWPPX). 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.
| FIMVX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.87 | 0.84 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.31 | 1.30 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.06 | -0.01 |
Martin ratioReturn relative to average drawdown | 4.85 | 5.14 | -0.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIMVX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 0.84 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.68 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.48 | -0.05 |
Correlation
The correlation between FIMVX and SWPPX is 0.84, 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
FIMVX vs. SWPPX - Dividend Comparison
FIMVX's dividend yield for the trailing twelve months is around 2.45%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMVX Fidelity Mid Cap Value Index Fund | 2.45% | 2.48% | 4.44% | 1.89% | 2.75% | 5.62% | 1.23% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
FIMVX vs. SWPPX - Drawdown Comparison
The maximum FIMVX drawdown since its inception was -43.61%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FIMVX and SWPPX.
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Drawdown Indicators
| FIMVX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.61% | -55.06% | +11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.34% | -12.10% | -1.24% |
Max Drawdown (5Y)Largest decline over 5 years | -21.23% | -24.51% | +3.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.80% | — |
Current DrawdownCurrent decline from peak | -7.52% | -8.89% | +1.37% |
Average DrawdownAverage peak-to-trough decline | -6.57% | -10.00% | +3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 2.49% | +0.38% |
Volatility
FIMVX vs. SWPPX - Volatility Comparison
Fidelity Mid Cap Value Index Fund (FIMVX) has a higher volatility of 4.61% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.29%. This indicates that FIMVX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIMVX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 4.29% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 9.81% | 9.11% | +0.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.19% | 18.14% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.31% | 16.89% | +0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.02% | 18.19% | +3.83% |