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FMKFX vs. FSPSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FMKFX and FSPSX is 0.76, 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

FMKFX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Magellan K6 Fund (FMKFX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FMKFX:

0.72

FSPSX:

0.88

Sortino Ratio

FMKFX:

1.01

FSPSX:

1.20

Omega Ratio

FMKFX:

1.14

FSPSX:

1.16

Calmar Ratio

FMKFX:

0.71

FSPSX:

0.99

Martin Ratio

FMKFX:

2.47

FSPSX:

2.87

Ulcer Index

FMKFX:

5.76%

FSPSX:

4.68%

Daily Std Dev

FMKFX:

22.85%

FSPSX:

16.69%

Max Drawdown

FMKFX:

-32.74%

FSPSX:

-33.69%

Current Drawdown

FMKFX:

-1.19%

FSPSX:

-0.43%

Returns By Period

In the year-to-date period, FMKFX achieves a 5.37% return, which is significantly lower than FSPSX's 17.65% return.


FMKFX

YTD

5.37%

1M

7.60%

6M

2.40%

1Y

15.95%

3Y*

18.07%

5Y*

15.39%

10Y*

N/A

FSPSX

YTD

17.65%

1M

5.17%

6M

14.32%

1Y

13.24%

3Y*

11.70%

5Y*

11.59%

10Y*

6.10%

*Annualized

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Fidelity Magellan K6 Fund

Fidelity International Index Fund

FMKFX vs. FSPSX - Expense Ratio Comparison

FMKFX has a 0.45% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FMKFX vs. FSPSX — Risk-Adjusted Performance Rank

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

FMKFX
The Risk-Adjusted Performance Rank of FMKFX is 5454
Overall Rank
The Sharpe Ratio Rank of FMKFX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FMKFX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of FMKFX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of FMKFX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of FMKFX is 5454
Martin Ratio Rank

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 6767
Overall Rank
The Sharpe Ratio Rank of FSPSX is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 6464
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FMKFX vs. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Magellan K6 Fund (FMKFX) 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.


The current FMKFX Sharpe Ratio is 0.72, which is comparable to the FSPSX Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of FMKFX 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FMKFX vs. FSPSX - Dividend Comparison

FMKFX's dividend yield for the trailing twelve months is around 7.49%, more than FSPSX's 2.46% yield.


TTM20242023202220212020201920182017201620152014
FMKFX
Fidelity Magellan K6 Fund
7.49%5.85%2.33%0.31%4.08%0.33%0.28%0.00%0.00%0.00%0.00%0.00%
FSPSX
Fidelity International Index Fund
2.46%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.50%3.08%2.79%3.53%

Drawdowns

FMKFX vs. FSPSX - Drawdown Comparison

The maximum FMKFX drawdown since its inception was -32.74%, roughly equal to the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FMKFX and FSPSX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FMKFX vs. FSPSX - Volatility Comparison

Fidelity Magellan K6 Fund (FMKFX) has a higher volatility of 4.59% compared to Fidelity International Index Fund (FSPSX) at 3.06%. This indicates that FMKFX'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.


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