Correlation
The correlation between FISZX and FSPSX is 0.72, 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.
FISZX vs. FSPSX
Compare and contrast key facts about Fidelity SAI International SMA Completion Fund (FISZX) and Fidelity International Index Fund (FSPSX).
FISZX is managed by Fidelity. It was launched on Apr 11, 2019. 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: FISZX or FSPSX.
Performance
FISZX vs. FSPSX - Performance Comparison
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Key characteristics
FISZX:
0.94
FSPSX:
0.88
FISZX:
1.24
FSPSX:
1.19
FISZX:
1.17
FSPSX:
1.16
FISZX:
0.62
FSPSX:
0.99
FISZX:
2.95
FSPSX:
2.87
FISZX:
5.47%
FSPSX:
4.68%
FISZX:
19.22%
FSPSX:
16.73%
FISZX:
-42.78%
FSPSX:
-33.69%
FISZX:
-8.98%
FSPSX:
-0.43%
Returns By Period
The year-to-date returns for both investments are quite close, with FISZX having a 16.98% return and FSPSX slightly higher at 17.65%.
FISZX
16.98%
5.65%
12.88%
18.03%
9.53%
6.09%
N/A
FSPSX
17.65%
4.72%
14.32%
14.57%
11.70%
11.59%
6.10%
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FISZX vs. FSPSX - Expense Ratio Comparison
FISZX has a 0.00% expense ratio, which is lower than FSPSX's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FISZX vs. FSPSX — Risk-Adjusted Performance Rank
FISZX
FSPSX
FISZX vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International SMA Completion Fund (FISZX) 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.
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Dividends
FISZX vs. FSPSX - Dividend Comparison
FISZX's dividend yield for the trailing twelve months is around 2.18%, less than FSPSX's 2.46% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FISZX Fidelity SAI International SMA Completion Fund | 2.18% | 2.55% | 1.89% | 1.37% | 6.00% | 0.90% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSPSX Fidelity International Index Fund | 2.46% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% | 3.53% |
Drawdowns
FISZX vs. FSPSX - Drawdown Comparison
The maximum FISZX drawdown since its inception was -42.78%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FISZX and FSPSX.
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Volatility
FISZX vs. FSPSX - Volatility Comparison
Fidelity SAI International SMA Completion Fund (FISZX) and Fidelity International Index Fund (FSPSX) have volatilities of 3.30% and 3.28%, 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.
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