FNIDX vs. FITLX
Compare and contrast key facts about Fidelity International Sustainability Index Fd (FNIDX) and Fidelity US Sustainability Index Fund (FITLX).
FNIDX is managed by Fidelity. It was launched on May 9, 2017. FITLX is managed by Fidelity. It was launched on May 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNIDX or FITLX.
Key characteristics
| FNIDX | FITLX | |
|---|---|---|
| YTD Return | 10.77% | 26.40% |
| 1Y Return | 21.43% | 38.36% |
| 3Y Return (Ann) | 0.10% | 9.30% |
| 5Y Return (Ann) | 5.39% | 16.41% |
| Sharpe Ratio | 1.56 | 2.84 |
| Sortino Ratio | 2.25 | 3.76 |
| Omega Ratio | 1.29 | 1.53 |
| Calmar Ratio | 1.17 | 4.07 |
| Martin Ratio | 8.70 | 17.30 |
| Ulcer Index | 2.45% | 2.24% |
| Daily Std Dev | 13.70% | 13.64% |
| Max Drawdown | -33.17% | -34.35% |
| Current Drawdown | -4.92% | 0.00% |
Correlation
The correlation between FNIDX and FITLX is 0.77, 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
FNIDX vs. FITLX - Performance Comparison
In the year-to-date period, FNIDX achieves a 10.77% return, which is significantly lower than FITLX's 26.40% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FNIDX vs. FITLX - Expense Ratio Comparison
FNIDX has a 0.20% expense ratio, which is higher than FITLX's 0.11% expense ratio. However, 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
FNIDX vs. FITLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Sustainability Index Fd (FNIDX) and Fidelity US Sustainability Index Fund (FITLX). 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
FNIDX vs. FITLX - Dividend Comparison
FNIDX's dividend yield for the trailing twelve months is around 2.38%, more than FITLX's 0.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FNIDX Fidelity International Sustainability Index Fd | 2.38% | 2.64% | 2.32% | 1.94% | 1.13% | 2.17% | 2.28% | 0.81% |
FITLX Fidelity US Sustainability Index Fund | 0.89% | 1.12% | 1.49% | 0.81% | 1.01% | 1.27% | 1.37% | 0.71% |
Drawdowns
FNIDX vs. FITLX - Drawdown Comparison
The maximum FNIDX drawdown since its inception was -33.17%, roughly equal to the maximum FITLX drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for FNIDX and FITLX. For additional features, visit the drawdowns tool.
Volatility
FNIDX vs. FITLX - Volatility Comparison
The current volatility for Fidelity International Sustainability Index Fd (FNIDX) is 4.00%, while Fidelity US Sustainability Index Fund (FITLX) has a volatility of 4.27%. This indicates that FNIDX experiences smaller price fluctuations and is considered to be less risky than FITLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.