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

Key characteristics


FITFXFSPSX
YTD Return7.38%5.30%
1Y Return17.57%16.26%
3Y Return (Ann)0.73%1.82%
5Y Return (Ann)5.46%5.97%
Sharpe Ratio1.321.29
Sortino Ratio1.921.85
Omega Ratio1.251.23
Calmar Ratio1.251.64
Martin Ratio7.576.59
Ulcer Index2.34%2.49%
Daily Std Dev13.34%12.77%
Max Drawdown-34.27%-33.69%
Current Drawdown-6.69%-7.88%

Correlation

-0.50.00.51.01.0

The correlation between FITFX and FSPSX is 0.97, 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. FSPSX - Performance Comparison

In the year-to-date period, FITFX achieves a 7.38% return, which is significantly higher than FSPSX's 5.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
0.37%
-1.86%
FITFX
FSPSX

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FITFX vs. FSPSX - Expense Ratio Comparison

FITFX 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%.


FSPSX
Fidelity International Index Fund
Expense ratio chart for FSPSX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%
Expense ratio chart for FITFX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FITFX vs. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex International Index Fund (FITFX) 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.


FITFX
Sharpe ratio
The chart of Sharpe ratio for FITFX, currently valued at 1.32, compared to the broader market0.002.004.001.32
Sortino ratio
The chart of Sortino ratio for FITFX, currently valued at 1.92, compared to the broader market0.005.0010.001.92
Omega ratio
The chart of Omega ratio for FITFX, currently valued at 1.25, compared to the broader market1.002.003.004.001.25
Calmar ratio
The chart of Calmar ratio for FITFX, currently valued at 1.25, compared to the broader market0.005.0010.0015.0020.001.25
Martin ratio
The chart of Martin ratio for FITFX, currently valued at 7.57, compared to the broader market0.0020.0040.0060.0080.00100.007.57
FSPSX
Sharpe ratio
The chart of Sharpe ratio for FSPSX, currently valued at 1.29, compared to the broader market0.002.004.001.29
Sortino ratio
The chart of Sortino ratio for FSPSX, currently valued at 1.85, compared to the broader market0.005.0010.001.85
Omega ratio
The chart of Omega ratio for FSPSX, currently valued at 1.23, compared to the broader market1.002.003.004.001.23
Calmar ratio
The chart of Calmar ratio for FSPSX, currently valued at 1.64, compared to the broader market0.005.0010.0015.0020.001.64
Martin ratio
The chart of Martin ratio for FSPSX, currently valued at 6.59, compared to the broader market0.0020.0040.0060.0080.00100.006.59

FITFX vs. FSPSX - Sharpe Ratio Comparison

The current FITFX Sharpe Ratio is 1.32, which is comparable to the FSPSX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of FITFX 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.


Rolling 12-month Sharpe Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.32
1.29
FITFX
FSPSX

Dividends

FITFX vs. FSPSX - Dividend Comparison

FITFX's dividend yield for the trailing twelve months is around 2.49%, less than FSPSX's 3.02% yield.


TTM20232022202120202019201820172016201520142013
FITFX
Fidelity Flex International Index Fund
2.49%2.67%2.60%2.25%1.50%3.35%1.92%1.26%0.00%0.00%0.00%0.00%
FSPSX
Fidelity International Index Fund
3.02%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%2.59%

Drawdowns

FITFX vs. FSPSX - Drawdown Comparison

The maximum FITFX drawdown since its inception was -34.27%, roughly equal to the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FITFX and FSPSX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.69%
-7.88%
FITFX
FSPSX

Volatility

FITFX vs. FSPSX - Volatility Comparison

Fidelity Flex International Index Fund (FITFX) and Fidelity International Index Fund (FSPSX) have volatilities of 4.12% and 4.11%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.12%
4.11%
FITFX
FSPSX