FJACX vs. FISVX
Compare and contrast key facts about Fidelity Series Small Cap Discovery Fund (FJACX) and Fidelity Small Cap Value Index Fund (FISVX).
FJACX is managed by Fidelity. It was launched on Nov 7, 2013. FISVX is managed by Fidelity. It was launched on Jul 11, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJACX or FISVX.
Key characteristics
| FJACX | FISVX | |
|---|---|---|
| YTD Return | 8.98% | 15.18% |
| 1Y Return | 22.18% | 30.13% |
| 3Y Return (Ann) | 4.46% | 2.61% |
| 5Y Return (Ann) | 12.01% | 9.58% |
| Sharpe Ratio | 1.50 | 1.70 |
| Sortino Ratio | 2.19 | 2.54 |
| Omega Ratio | 1.27 | 1.30 |
| Calmar Ratio | 2.74 | 1.97 |
| Martin Ratio | 6.61 | 9.36 |
| Ulcer Index | 4.15% | 4.02% |
| Daily Std Dev | 18.26% | 22.07% |
| Max Drawdown | -45.60% | -44.66% |
| Current Drawdown | -2.44% | -2.58% |
Correlation
The correlation between FJACX and FISVX is 0.94, 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
FJACX vs. FISVX - Performance Comparison
In the year-to-date period, FJACX achieves a 8.98% return, which is significantly lower than FISVX's 15.18% return. 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.
FJACX vs. FISVX - Expense Ratio Comparison
FJACX has a 0.00% expense ratio, which is lower than FISVX's 0.05% 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
FJACX vs. FISVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Small Cap Discovery Fund (FJACX) and Fidelity Small Cap Value Index Fund (FISVX). 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
FJACX vs. FISVX - Dividend Comparison
FJACX's dividend yield for the trailing twelve months is around 1.19%, less than FISVX's 1.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FJACX Fidelity Series Small Cap Discovery Fund | 1.19% | 1.10% | 1.47% | 0.98% | 0.98% | 1.37% | 1.97% | 1.15% | 0.45% | 5.89% | 0.19% |
FISVX Fidelity Small Cap Value Index Fund | 1.60% | 2.06% | 1.94% | 1.58% | 1.33% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FJACX vs. FISVX - Drawdown Comparison
The maximum FJACX drawdown since its inception was -45.60%, roughly equal to the maximum FISVX drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for FJACX and FISVX. For additional features, visit the drawdowns tool.
Volatility
FJACX vs. FISVX - Volatility Comparison
The current volatility for Fidelity Series Small Cap Discovery Fund (FJACX) is 6.47%, while Fidelity Small Cap Value Index Fund (FISVX) has a volatility of 8.11%. This indicates that FJACX experiences smaller price fluctuations and is considered to be less risky than FISVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.