FITFX vs. FOCPX
Compare and contrast key facts about Fidelity Flex International Index Fund (FITFX) and Fidelity OTC Portfolio (FOCPX).
FITFX is managed by Fidelity. It was launched on Mar 9, 2017. FOCPX is managed by Fidelity. It was launched on Dec 31, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FITFX or FOCPX.
Key characteristics
| FITFX | FOCPX | |
|---|---|---|
| YTD Return | 9.28% | 32.00% |
| 1Y Return | 20.17% | 44.05% |
| 3Y Return (Ann) | 1.41% | 7.65% |
| 5Y Return (Ann) | 5.64% | 20.21% |
| Sharpe Ratio | 1.52 | 2.39 |
| Sortino Ratio | 2.18 | 3.08 |
| Omega Ratio | 1.28 | 1.43 |
| Calmar Ratio | 1.39 | 2.55 |
| Martin Ratio | 8.83 | 9.55 |
| Ulcer Index | 2.27% | 4.53% |
| Daily Std Dev | 13.24% | 18.13% |
| Max Drawdown | -34.27% | -94.80% |
| Current Drawdown | -5.03% | -0.18% |
Correlation
The correlation between FITFX and FOCPX is 0.71, 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
FITFX vs. FOCPX - Performance Comparison
In the year-to-date period, FITFX achieves a 9.28% return, which is significantly lower than FOCPX's 32.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FITFX vs. FOCPX - Expense Ratio Comparison
FITFX has a 0.00% expense ratio, which is lower than FOCPX's 0.80% expense ratio.
Risk-Adjusted Performance
FITFX vs. FOCPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex International Index Fund (FITFX) and Fidelity OTC Portfolio (FOCPX). 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
FITFX vs. FOCPX - Dividend Comparison
FITFX's dividend yield for the trailing twelve months is around 2.45%, less than FOCPX's 10.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FITFX Fidelity Flex International Index Fund | 2.45% | 2.67% | 2.60% | 2.25% | 1.50% | 3.35% | 1.92% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% |
FOCPX Fidelity OTC Portfolio | 10.40% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 5.41% | 12.91% | 13.54% |
Drawdowns
FITFX vs. FOCPX - Drawdown Comparison
The maximum FITFX drawdown since its inception was -34.27%, smaller than the maximum FOCPX drawdown of -94.80%. Use the drawdown chart below to compare losses from any high point for FITFX and FOCPX. For additional features, visit the drawdowns tool.
Volatility
FITFX vs. FOCPX - Volatility Comparison
The current volatility for Fidelity Flex International Index Fund (FITFX) is 3.93%, while Fidelity OTC Portfolio (FOCPX) has a volatility of 5.06%. This indicates that FITFX experiences smaller price fluctuations and is considered to be less risky than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.