FIVA vs. FSPSX
Compare and contrast key facts about Fidelity International Value Factor ETF (FIVA) and Fidelity International Index Fund (FSPSX).
FIVA is a passively managed fund by Fidelity that tracks the performance of the Fidelity® International Value Factor Index. It was launched on Jan 16, 2018. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIVA or FSPSX.
Key characteristics
| FIVA | FSPSX | |
|---|---|---|
| YTD Return | 5.35% | 5.30% |
| 1Y Return | 14.94% | 16.26% |
| 3Y Return (Ann) | 4.34% | 1.82% |
| 5Y Return (Ann) | 5.98% | 5.97% |
| Sharpe Ratio | 1.17 | 1.29 |
| Sortino Ratio | 1.64 | 1.85 |
| Omega Ratio | 1.21 | 1.23 |
| Calmar Ratio | 2.00 | 1.64 |
| Martin Ratio | 6.56 | 6.59 |
| Ulcer Index | 2.32% | 2.49% |
| Daily Std Dev | 13.07% | 12.77% |
| Max Drawdown | -39.76% | -33.69% |
| Current Drawdown | -6.86% | -7.88% |
Correlation
The correlation between FIVA and FSPSX is 0.91, 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
FIVA vs. FSPSX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FIVA having a 5.35% return and FSPSX slightly lower at 5.30%. 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.
FIVA vs. FSPSX - Expense Ratio Comparison
FIVA has a 0.39% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Risk-Adjusted Performance
FIVA vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value Factor ETF (FIVA) 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.
Dividends
FIVA vs. FSPSX - Dividend Comparison
FIVA's dividend yield for the trailing twelve months is around 3.60%, more than FSPSX's 3.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIVA Fidelity International Value Factor ETF | 3.60% | 3.63% | 3.62% | 3.76% | 2.46% | 3.61% | 3.28% | 0.00% | 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
FIVA vs. FSPSX - Drawdown Comparison
The maximum FIVA drawdown since its inception was -39.76%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FIVA and FSPSX. For additional features, visit the drawdowns tool.
Volatility
FIVA vs. FSPSX - Volatility Comparison
Fidelity International Value Factor ETF (FIVA) has a higher volatility of 4.43% compared to Fidelity International Index Fund (FSPSX) at 4.11%. This indicates that FIVA's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.