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FMIJX vs. FZILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FMIJX and FZILX is 0.83, 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.


-0.50.00.51.00.8

Performance

FMIJX vs. FZILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FMI International Fund (FMIJX) and Fidelity ZERO International Index Fund (FZILX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
0.59%
-3.50%
FMIJX
FZILX

Key characteristics

Sharpe Ratio

FMIJX:

0.71

FZILX:

0.30

Sortino Ratio

FMIJX:

1.04

FZILX:

0.49

Omega Ratio

FMIJX:

1.12

FZILX:

1.06

Calmar Ratio

FMIJX:

1.09

FZILX:

0.34

Martin Ratio

FMIJX:

3.25

FZILX:

1.19

Ulcer Index

FMIJX:

2.21%

FZILX:

3.23%

Daily Std Dev

FMIJX:

10.14%

FZILX:

12.80%

Max Drawdown

FMIJX:

-37.45%

FZILX:

-34.37%

Current Drawdown

FMIJX:

-4.54%

FZILX:

-11.30%

Returns By Period

In the year-to-date period, FMIJX achieves a 6.14% return, which is significantly higher than FZILX's 2.08% return.


FMIJX

YTD

6.14%

1M

-1.18%

6M

0.59%

1Y

7.56%

5Y*

3.64%

10Y*

5.16%

FZILX

YTD

2.08%

1M

-4.56%

6M

-3.50%

1Y

5.02%

5Y*

3.82%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FMIJX vs. FZILX - Expense Ratio Comparison

FMIJX has a 0.94% expense ratio, which is higher than FZILX's 0.00% expense ratio.


FMIJX
FMI International Fund
Expense ratio chart for FMIJX: current value at 0.94% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.94%
Expense ratio chart for FZILX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FMIJX vs. FZILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FMI International Fund (FMIJX) and Fidelity ZERO International Index Fund (FZILX). 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.


Sharpe ratio
The chart of Sharpe ratio for FMIJX, currently valued at 0.71, compared to the broader market-1.000.001.002.003.004.000.710.30
The chart of Sortino ratio for FMIJX, currently valued at 1.04, compared to the broader market-2.000.002.004.006.008.0010.001.040.49
The chart of Omega ratio for FMIJX, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.003.501.121.06
The chart of Calmar ratio for FMIJX, currently valued at 1.09, compared to the broader market0.002.004.006.008.0010.0012.0014.001.090.34
The chart of Martin ratio for FMIJX, currently valued at 3.25, compared to the broader market0.0020.0040.0060.003.251.19
FMIJX
FZILX

The current FMIJX Sharpe Ratio is 0.71, which is higher than the FZILX Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of FMIJX and FZILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.71
0.30
FMIJX
FZILX

Dividends

FMIJX vs. FZILX - Dividend Comparison

Neither FMIJX nor FZILX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FMIJX
FMI International Fund
0.00%0.00%15.23%3.46%0.00%3.55%4.60%0.28%3.05%1.82%2.10%0.71%
FZILX
Fidelity ZERO International Index Fund
0.00%2.98%2.71%2.61%1.64%2.83%0.66%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FMIJX vs. FZILX - Drawdown Comparison

The maximum FMIJX drawdown since its inception was -37.45%, which is greater than FZILX's maximum drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for FMIJX and FZILX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.54%
-11.30%
FMIJX
FZILX

Volatility

FMIJX vs. FZILX - Volatility Comparison

The current volatility for FMI International Fund (FMIJX) is 2.89%, while Fidelity ZERO International Index Fund (FZILX) has a volatility of 4.38%. This indicates that FMIJX experiences smaller price fluctuations and is considered to be less risky than FZILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
2.89%
4.38%
FMIJX
FZILX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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