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

Correlation

The correlation between FNIDX and FZILX is 0.78, 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. FZILX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FNIDX:

0.56

FZILX:

0.67

Sortino Ratio

FNIDX:

1.03

FZILX:

1.16

Omega Ratio

FNIDX:

1.14

FZILX:

1.16

Calmar Ratio

FNIDX:

0.74

FZILX:

0.93

Martin Ratio

FNIDX:

2.18

FZILX:

2.89

Ulcer Index

FNIDX:

5.04%

FZILX:

4.34%

Daily Std Dev

FNIDX:

16.48%

FZILX:

16.23%

Max Drawdown

FNIDX:

-33.17%

FZILX:

-34.37%

Current Drawdown

FNIDX:

0.00%

FZILX:

0.00%

Returns By Period

In the year-to-date period, FNIDX achieves a 11.66% return, which is significantly lower than FZILX's 13.42% return.


FNIDX

YTD

11.66%

1M

8.87%

6M

10.35%

1Y

9.22%

5Y*

10.34%

10Y*

N/A

FZILX

YTD

13.42%

1M

8.71%

6M

12.16%

1Y

10.84%

5Y*

11.94%

10Y*

N/A

*Annualized

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FNIDX vs. FZILX - Expense Ratio Comparison

FNIDX has a 0.20% expense ratio, which is higher than FZILX's 0.00% 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. FZILX — Risk-Adjusted Performance Rank

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

FNIDX
The Risk-Adjusted Performance Rank of FNIDX is 6363
Overall Rank
The Sharpe Ratio Rank of FNIDX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of FNIDX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of FNIDX is 6161
Omega Ratio Rank
The Calmar Ratio Rank of FNIDX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of FNIDX is 5959
Martin Ratio Rank

FZILX
The Risk-Adjusted Performance Rank of FZILX is 7272
Overall Rank
The Sharpe Ratio Rank of FZILX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FZILX is 7171
Sortino Ratio Rank
The Omega Ratio Rank of FZILX is 7171
Omega Ratio Rank
The Calmar Ratio Rank of FZILX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FZILX is 7272
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.

FNIDX vs. FZILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Sustainability Index Fd (FNIDX) 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.


The current FNIDX Sharpe Ratio is 0.56, which is comparable to the FZILX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of FNIDX 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.


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Dividends

FNIDX vs. FZILX - Dividend Comparison

FNIDX's dividend yield for the trailing twelve months is around 2.10%, less than FZILX's 2.65% yield.


TTM20242023202220212020201920182017
FNIDX
Fidelity International Sustainability Index Fd
2.10%2.34%2.64%2.32%1.94%1.13%2.17%2.28%0.81%
FZILX
Fidelity ZERO International Index Fund
2.65%3.00%2.98%2.71%2.61%1.64%2.83%0.66%0.00%

Drawdowns

FNIDX vs. FZILX - Drawdown Comparison

The maximum FNIDX drawdown since its inception was -33.17%, roughly equal to the maximum FZILX drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for FNIDX and FZILX. For additional features, visit the drawdowns tool.


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Volatility

FNIDX vs. FZILX - Volatility Comparison

Fidelity International Sustainability Index Fd (FNIDX) has a higher volatility of 3.28% compared to Fidelity ZERO International Index Fund (FZILX) at 2.97%. This indicates that FNIDX's price experiences larger fluctuations and is considered to be riskier than FZILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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