FITLX vs. FNIDX
Compare and contrast key facts about Fidelity US Sustainability Index Fund (FITLX) and Fidelity International Sustainability Index Fd (FNIDX).
FITLX is managed by Fidelity. It was launched on May 9, 2017. FNIDX is managed by Fidelity. It was launched on May 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FITLX or FNIDX.
Key characteristics
| FITLX | FNIDX | |
|---|---|---|
| YTD Return | 18.31% | 10.43% |
| 1Y Return | 28.13% | 18.15% |
| 3Y Return (Ann) | 9.70% | 0.61% |
| 5Y Return (Ann) | 15.61% | 6.21% |
| Sharpe Ratio | 1.98 | 1.32 |
| Daily Std Dev | 14.01% | 13.51% |
| Max Drawdown | -34.35% | -33.17% |
| Current Drawdown | -1.57% | -1.37% |
Correlation
The correlation between FITLX and FNIDX 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
FITLX vs. FNIDX - Performance Comparison
In the year-to-date period, FITLX achieves a 18.31% return, which is significantly higher than FNIDX's 10.43% 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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FITLX vs. FNIDX - Expense Ratio Comparison
FITLX has a 0.11% expense ratio, which is lower than FNIDX's 0.20% 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
FITLX vs. FNIDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity US Sustainability Index Fund (FITLX) and Fidelity International Sustainability Index Fd (FNIDX). 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
FITLX vs. FNIDX - Dividend Comparison
FITLX's dividend yield for the trailing twelve months is around 0.95%, less than FNIDX's 2.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FITLX Fidelity US Sustainability Index Fund | 0.95% | 1.12% | 1.49% | 0.99% | 1.01% | 1.41% | 1.58% | 0.76% |
FNIDX Fidelity International Sustainability Index Fd | 2.39% | 2.64% | 2.32% | 1.93% | 1.13% | 2.17% | 2.28% | 1.27% |
Drawdowns
FITLX vs. FNIDX - Drawdown Comparison
The maximum FITLX drawdown since its inception was -34.35%, roughly equal to the maximum FNIDX drawdown of -33.17%. Use the drawdown chart below to compare losses from any high point for FITLX and FNIDX. For additional features, visit the drawdowns tool.
Volatility
FITLX vs. FNIDX - Volatility Comparison
Fidelity US Sustainability Index Fund (FITLX) has a higher volatility of 4.60% compared to Fidelity International Sustainability Index Fd (FNIDX) at 3.94%. This indicates that FITLX's price experiences larger fluctuations and is considered to be riskier than FNIDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.