FISPX vs. FZROX
Compare and contrast key facts about Federated Hermes Max Cap Index Fund (FISPX) and Fidelity ZERO Total Market Index Fund (FZROX).
FISPX is managed by Federated. It was launched on Jul 11, 1990. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISPX or FZROX.
Key characteristics
| FISPX | FZROX | |
|---|---|---|
| YTD Return | 22.79% | 22.02% |
| 1Y Return | 40.31% | 40.62% |
| 3Y Return (Ann) | 9.52% | 8.45% |
| 5Y Return (Ann) | 15.22% | 14.89% |
| Sharpe Ratio | 3.41 | 3.34 |
| Sortino Ratio | 4.49 | 4.41 |
| Omega Ratio | 1.64 | 1.62 |
| Calmar Ratio | 3.88 | 3.45 |
| Martin Ratio | 21.98 | 21.48 |
| Ulcer Index | 1.88% | 1.94% |
| Daily Std Dev | 12.14% | 12.47% |
| Max Drawdown | -54.64% | -34.96% |
| Current Drawdown | -0.92% | -0.88% |
Correlation
The correlation between FISPX and FZROX is 0.99, 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
FISPX vs. FZROX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FISPX having a 22.79% return and FZROX slightly lower at 22.02%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FISPX vs. FZROX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Risk-Adjusted Performance
FISPX vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) 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.
Dividends
FISPX vs. FZROX - Dividend Comparison
FISPX's dividend yield for the trailing twelve months is around 18.63%, more than FZROX's 1.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FISPX Federated Hermes Max Cap Index Fund | 18.63% | 22.88% | 16.72% | 16.48% | 23.53% | 15.79% | 47.85% | 25.80% | 18.45% | 14.91% | 12.35% | 10.10% |
FZROX Fidelity ZERO Total Market Index Fund | 1.11% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FISPX vs. FZROX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -54.64%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FISPX and FZROX. For additional features, visit the drawdowns tool.
Volatility
FISPX vs. FZROX - Volatility Comparison
Federated Hermes Max Cap Index Fund (FISPX) and Fidelity ZERO Total Market Index Fund (FZROX) have volatilities of 2.48% and 2.52%, 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.