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FLXSX vs. FSPSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FLXSX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Small Cap Index Fund (FLXSX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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FLXSX vs. FSPSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FLXSX
Fidelity Flex Small Cap Index Fund
-3.13%12.02%11.67%17.11%-20.29%14.84%20.06%25.69%-11.13%14.28%
FSPSX
Fidelity International Index Fund
-1.94%31.98%3.70%18.31%-14.23%11.45%8.16%22.03%-13.55%19.68%

Returns By Period

In the year-to-date period, FLXSX achieves a -3.13% return, which is significantly lower than FSPSX's -1.94% return.


FLXSX

1D
-1.59%
1M
-8.74%
YTD
-3.13%
6M
-1.03%
1Y
19.83%
3Y*
11.35%
5Y*
2.86%
10Y*

FSPSX

1D
0.42%
1M
-10.86%
YTD
-1.94%
6M
2.58%
1Y
19.89%
3Y*
13.50%
5Y*
7.96%
10Y*
8.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FLXSX vs. FSPSX - Expense Ratio Comparison

FLXSX 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%.


Return for Risk

FLXSX vs. FSPSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLXSX
FLXSX Risk / Return Rank: 4040
Overall Rank
FLXSX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FLXSX Sortino Ratio Rank: 4343
Sortino Ratio Rank
FLXSX Omega Ratio Rank: 3434
Omega Ratio Rank
FLXSX Calmar Ratio Rank: 4545
Calmar Ratio Rank
FLXSX Martin Ratio Rank: 3838
Martin Ratio Rank

FSPSX
FSPSX Risk / Return Rank: 6464
Overall Rank
FSPSX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FSPSX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FSPSX Omega Ratio Rank: 6060
Omega Ratio Rank
FSPSX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FSPSX Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLXSX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Small Cap Index Fund (FLXSX) 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.


FLXSXFSPSXDifference

Sharpe ratio

Return per unit of total volatility

0.82

1.11

-0.29

Sortino ratio

Return per unit of downside risk

1.28

1.56

-0.28

Omega ratio

Gain probability vs. loss probability

1.16

1.23

-0.06

Calmar ratio

Return relative to maximum drawdown

1.11

1.54

-0.43

Martin ratio

Return relative to average drawdown

4.00

5.93

-1.93

FLXSX vs. FSPSX - Sharpe Ratio Comparison

The current FLXSX Sharpe Ratio is 0.82, which is comparable to the FSPSX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of FLXSX 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.


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Sharpe Ratios by Period


FLXSXFSPSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.82

1.11

-0.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.51

-0.38

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.46

-0.13

Correlation

The correlation between FLXSX and FSPSX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FLXSX vs. FSPSX - Dividend Comparison

FLXSX has not paid dividends to shareholders, while FSPSX's dividend yield for the trailing twelve months is around 3.22%.


TTM20252024202320222021202020192018201720162015
FLXSX
Fidelity Flex Small Cap Index Fund
0.00%0.00%1.36%1.49%1.26%2.74%1.06%2.86%2.31%0.77%0.00%0.00%
FSPSX
Fidelity International Index Fund
3.22%3.15%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.50%3.08%2.79%

Drawdowns

FLXSX vs. FSPSX - Drawdown Comparison

The maximum FLXSX drawdown since its inception was -41.72%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FLXSX and FSPSX.


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Drawdown Indicators


FLXSXFSPSXDifference

Max Drawdown

Largest peak-to-trough decline

-41.72%

-33.69%

-8.03%

Max Drawdown (1Y)

Largest decline over 1 year

-13.94%

-11.39%

-2.55%

Max Drawdown (5Y)

Largest decline over 5 years

-31.88%

-29.41%

-2.47%

Max Drawdown (10Y)

Largest decline over 10 years

-33.69%

Current Drawdown

Current decline from peak

-12.25%

-10.86%

-1.39%

Average Drawdown

Average peak-to-trough decline

-10.60%

-6.59%

-4.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.10%

2.96%

+1.14%

Volatility

FLXSX vs. FSPSX - Volatility Comparison

Fidelity Flex Small Cap Index Fund (FLXSX) and Fidelity International Index Fund (FSPSX) have volatilities of 7.04% and 7.04%, 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.


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Volatility by Period


FLXSXFSPSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.04%

7.04%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

14.95%

10.63%

+4.32%

Volatility (1Y)

Calculated over the trailing 1-year period

23.66%

16.79%

+6.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.65%

15.77%

+6.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.08%

16.47%

+7.61%