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FISZX vs. FSPSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


Performance

FISZX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI International SMA Completion Fund (FISZX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FISZX:

0.94

FSPSX:

0.88

Sortino Ratio

FISZX:

1.24

FSPSX:

1.19

Omega Ratio

FISZX:

1.17

FSPSX:

1.16

Calmar Ratio

FISZX:

0.62

FSPSX:

0.99

Martin Ratio

FISZX:

2.95

FSPSX:

2.87

Ulcer Index

FISZX:

5.47%

FSPSX:

4.68%

Daily Std Dev

FISZX:

19.22%

FSPSX:

16.73%

Max Drawdown

FISZX:

-42.78%

FSPSX:

-33.69%

Current Drawdown

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

YTD

16.98%

1M

5.65%

6M

12.88%

1Y

18.03%

3Y*

9.53%

5Y*

6.09%

10Y*

N/A

FSPSX

YTD

17.65%

1M

4.72%

6M

14.32%

1Y

14.57%

3Y*

11.70%

5Y*

11.59%

10Y*

6.10%

*Annualized

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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%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FISZX vs. FSPSX — Risk-Adjusted Performance Rank

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

FISZX
The Risk-Adjusted Performance Rank of FISZX is 6565
Overall Rank
The Sharpe Ratio Rank of FISZX is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of FISZX is 6767
Sortino Ratio Rank
The Omega Ratio Rank of FISZX is 6969
Omega Ratio Rank
The Calmar Ratio Rank of FISZX is 5757
Calmar Ratio Rank
The Martin Ratio Rank of FISZX is 6565
Martin Ratio Rank

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 6868
Overall Rank
The Sharpe Ratio Rank of FSPSX is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 6666
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 7979
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FISZX Sharpe Ratio is 0.94, which is comparable to the FSPSX Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of FISZX 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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.


TTM20242023202220212020201920182017201620152014
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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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

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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