FITFX vs. FSAEX
Compare and contrast key facts about Fidelity Flex International Index Fund (FITFX) and Fidelity Series All-Sector Equity Fund (FSAEX).
FITFX is managed by Fidelity. It was launched on Mar 9, 2017. FSAEX is managed by Fidelity. It was launched on Oct 17, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FITFX or FSAEX.
Key characteristics
| FITFX | FSAEX | |
|---|---|---|
| YTD Return | 9.12% | 26.19% |
| 1Y Return | 19.59% | 31.82% |
| 3Y Return (Ann) | 1.27% | 0.67% |
| 5Y Return (Ann) | 5.76% | 6.55% |
| Sharpe Ratio | 1.51 | 2.42 |
| Sortino Ratio | 2.17 | 3.14 |
| Omega Ratio | 1.28 | 1.46 |
| Calmar Ratio | 1.41 | 1.48 |
| Martin Ratio | 8.70 | 15.51 |
| Ulcer Index | 2.30% | 2.18% |
| Daily Std Dev | 13.26% | 13.96% |
| Max Drawdown | -34.27% | -50.00% |
| Current Drawdown | -5.17% | 0.00% |
Correlation
The correlation between FITFX and FSAEX is 0.77, 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. FSAEX - Performance Comparison
In the year-to-date period, FITFX achieves a 9.12% return, which is significantly lower than FSAEX's 26.19% return. 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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FITFX vs. FSAEX - Expense Ratio Comparison
FITFX has a 0.00% expense ratio, which is lower than FSAEX's 0.00% 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
FITFX vs. FSAEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex International Index Fund (FITFX) and Fidelity Series All-Sector Equity Fund (FSAEX). 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. FSAEX - Dividend Comparison
FITFX's dividend yield for the trailing twelve months is around 2.45%, more than FSAEX's 1.06% 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% |
FSAEX Fidelity Series All-Sector Equity Fund | 1.06% | 1.27% | 1.48% | 1.18% | 1.45% | 1.75% | 2.58% | 1.49% | 1.50% | 3.89% | 11.83% | 10.21% |
Drawdowns
FITFX vs. FSAEX - Drawdown Comparison
The maximum FITFX drawdown since its inception was -34.27%, smaller than the maximum FSAEX drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for FITFX and FSAEX. For additional features, visit the drawdowns tool.
Volatility
FITFX vs. FSAEX - Volatility Comparison
The current volatility for Fidelity Flex International Index Fund (FITFX) is 3.88%, while Fidelity Series All-Sector Equity Fund (FSAEX) has a volatility of 4.16%. This indicates that FITFX experiences smaller price fluctuations and is considered to be less risky than FSAEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.