FIONX vs. FSPSX
Compare and contrast key facts about Fidelity SAI International Index Fund (FIONX) and Fidelity International Index Fund (FSPSX).
FIONX is managed by Fidelity. It was launched on Jan 5, 2016. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIONX or FSPSX.
Correlation
The correlation between FIONX and FSPSX is 1.00, 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
FIONX vs. FSPSX - Performance Comparison
Key characteristics
FIONX:
0.81
FSPSX:
0.82
FIONX:
1.19
FSPSX:
1.20
FIONX:
1.14
FSPSX:
1.15
FIONX:
1.01
FSPSX:
1.01
FIONX:
2.35
FSPSX:
2.37
FIONX:
4.39%
FSPSX:
4.37%
FIONX:
12.78%
FSPSX:
12.73%
FIONX:
-33.69%
FSPSX:
-33.69%
FIONX:
-2.17%
FSPSX:
-2.13%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with FIONX at 7.89% and FSPSX at 7.89%.
FIONX
7.89%
4.24%
0.02%
9.14%
6.76%
N/A
FSPSX
7.89%
4.25%
0.02%
9.13%
6.81%
5.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIONX vs. FSPSX - Expense Ratio Comparison
Both FIONX and FSPSX have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FIONX vs. FSPSX — Risk-Adjusted Performance Rank
FIONX
FSPSX
FIONX vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International Index Fund (FIONX) 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.
Dividends
FIONX vs. FSPSX - Dividend Comparison
FIONX's dividend yield for the trailing twelve months is around 2.87%, less than FSPSX's 3.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIONX Fidelity SAI International Index Fund | 2.87% | 3.10% | 2.18% | 3.34% | 2.65% | 1.91% | 3.16% | 3.00% | 1.61% | 1.15% | 0.00% | 0.00% |
FSPSX Fidelity International Index Fund | 3.03% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% |
Drawdowns
FIONX vs. FSPSX - Drawdown Comparison
The maximum FIONX drawdown since its inception was -33.69%, roughly equal to the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FIONX and FSPSX. For additional features, visit the drawdowns tool.
Volatility
FIONX vs. FSPSX - Volatility Comparison
Fidelity SAI International Index Fund (FIONX) and Fidelity International Index Fund (FSPSX) have volatilities of 3.32% and 3.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.