FMCSX vs. FSMAX
Compare and contrast key facts about Fidelity Mid-Cap Stock Fund (FMCSX) and Fidelity Extended Market Index Fund (FSMAX).
FMCSX is managed by Fidelity. It was launched on Mar 29, 1994. FSMAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMCSX or FSMAX.
Performance
FMCSX vs. FSMAX - Performance Comparison
Returns By Period
In the year-to-date period, FMCSX achieves a 12.27% return, which is significantly lower than FSMAX's 20.71% return. Over the past 10 years, FMCSX has underperformed FSMAX with an annualized return of 3.40%, while FSMAX has yielded a comparatively higher 10.10% annualized return.
FMCSX
12.27%
2.76%
4.96%
19.72%
5.51%
3.40%
FSMAX
20.71%
5.92%
14.83%
36.63%
11.51%
10.10%
Key characteristics
| FMCSX | FSMAX | |
|---|---|---|
| Sharpe Ratio | 1.26 | 1.98 |
| Sortino Ratio | 1.69 | 2.74 |
| Omega Ratio | 1.24 | 1.34 |
| Calmar Ratio | 1.30 | 1.41 |
| Martin Ratio | 4.62 | 11.10 |
| Ulcer Index | 4.19% | 3.19% |
| Daily Std Dev | 15.30% | 17.90% |
| Max Drawdown | -62.17% | -41.67% |
| Current Drawdown | -1.45% | -2.31% |
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FMCSX vs. FSMAX - Expense Ratio Comparison
FMCSX has a 0.85% expense ratio, which is higher than FSMAX's 0.04% expense ratio.
Correlation
The correlation between FMCSX and FSMAX 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.
Risk-Adjusted Performance
FMCSX vs. FSMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid-Cap Stock Fund (FMCSX) and Fidelity Extended Market Index Fund (FSMAX). 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
FMCSX vs. FSMAX - Dividend Comparison
FMCSX's dividend yield for the trailing twelve months is around 0.78%, less than FSMAX's 0.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMCSX Fidelity Mid-Cap Stock Fund | 0.78% | 0.92% | 0.73% | 1.15% | 1.14% | 0.98% | 0.94% | 0.57% | 0.77% | 9.86% | 10.28% | 3.30% |
FSMAX Fidelity Extended Market Index Fund | 0.88% | 1.17% | 1.38% | 0.99% | 0.93% | 1.41% | 1.69% | 1.30% | 1.38% | 2.99% | 5.43% | 4.09% |
Drawdowns
FMCSX vs. FSMAX - Drawdown Comparison
The maximum FMCSX drawdown since its inception was -62.17%, which is greater than FSMAX's maximum drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for FMCSX and FSMAX. For additional features, visit the drawdowns tool.
Volatility
FMCSX vs. FSMAX - Volatility Comparison
The current volatility for Fidelity Mid-Cap Stock Fund (FMCSX) is 4.41%, while Fidelity Extended Market Index Fund (FSMAX) has a volatility of 6.17%. This indicates that FMCSX experiences smaller price fluctuations and is considered to be less risky than FSMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.