FITMX vs. IDMO
Compare and contrast key facts about Fidelity SAI International Momentum Index Fund (FITMX) and Invesco S&P International Developed Momentum ETF (IDMO).
FITMX is managed by Fidelity. It was launched on May 11, 2020. IDMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. It was launched on Feb 24, 2012.
Performance
FITMX vs. IDMO - Performance Comparison
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FITMX vs. IDMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FITMX Fidelity SAI International Momentum Index Fund | 0.72% | 36.56% | 8.97% | 21.03% | -21.45% | 12.88% | 31.10% |
IDMO Invesco S&P International Developed Momentum ETF | 1.97% | 42.17% | 12.79% | 20.16% | -12.03% | 14.31% | 33.97% |
Returns By Period
In the year-to-date period, FITMX achieves a 0.72% return, which is significantly lower than IDMO's 1.97% return.
FITMX
- 1D
- 3.75%
- 1M
- -7.82%
- YTD
- 0.72%
- 6M
- 4.63%
- 1Y
- 27.27%
- 3Y*
- 18.62%
- 5Y*
- 9.69%
- 10Y*
- —
IDMO
- 1D
- 2.81%
- 1M
- -4.19%
- YTD
- 1.97%
- 6M
- 7.03%
- 1Y
- 31.67%
- 3Y*
- 23.75%
- 5Y*
- 14.52%
- 10Y*
- 11.86%
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FITMX vs. IDMO - Expense Ratio Comparison
FITMX has a 0.18% expense ratio, which is lower than IDMO's 0.25% 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%.
Return for Risk
FITMX vs. IDMO — Risk / Return Rank
FITMX
IDMO
FITMX vs. IDMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International Momentum Index Fund (FITMX) and Invesco S&P International Developed Momentum ETF (IDMO). 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.
| FITMX | IDMO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 1.66 | -0.19 |
Sortino ratioReturn per unit of downside risk | 2.02 | 2.28 | -0.26 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.03 | 2.66 | -0.63 |
Martin ratioReturn relative to average drawdown | 8.31 | 10.75 | -2.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FITMX | IDMO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 1.66 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.83 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.66 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.44 | +0.35 |
Correlation
The correlation between FITMX and IDMO is 0.92, 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.
Dividends
FITMX vs. IDMO - Dividend Comparison
FITMX's dividend yield for the trailing twelve months is around 2.60%, less than IDMO's 3.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FITMX Fidelity SAI International Momentum Index Fund | 2.60% | 2.62% | 3.50% | 3.39% | 2.42% | 2.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDMO Invesco S&P International Developed Momentum ETF | 3.73% | 3.71% | 2.24% | 2.89% | 3.66% | 1.81% | 1.63% | 2.78% | 3.27% | 3.08% | 2.18% | 2.52% |
Drawdowns
FITMX vs. IDMO - Drawdown Comparison
The maximum FITMX drawdown since its inception was -34.28%, smaller than the maximum IDMO drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for FITMX and IDMO.
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Drawdown Indicators
| FITMX | IDMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.28% | -39.38% | +5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -13.12% | -12.31% | -0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -34.28% | -27.07% | -7.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.34% | — |
Current DrawdownCurrent decline from peak | -9.86% | -6.22% | -3.64% |
Average DrawdownAverage peak-to-trough decline | -7.36% | -9.85% | +2.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 3.05% | +0.15% |
Volatility
FITMX vs. IDMO - Volatility Comparison
Fidelity SAI International Momentum Index Fund (FITMX) has a higher volatility of 9.71% compared to Invesco S&P International Developed Momentum ETF (IDMO) at 9.12%. This indicates that FITMX's price experiences larger fluctuations and is considered to be riskier than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FITMX | IDMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.71% | 9.12% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 13.10% | 12.67% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.01% | 19.21% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.42% | 17.67% | -0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.20% | 17.90% | -0.70% |