FNIDX vs. FZILX
Compare and contrast key facts about Fidelity International Sustainability Index Fd (FNIDX) and Fidelity ZERO International Index Fund (FZILX).
FNIDX is managed by Fidelity. It was launched on May 9, 2017. FZILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNIDX or FZILX.
Correlation
The correlation between FNIDX and FZILX is 0.99, 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
Key characteristics
FNIDX:
0.48
FZILX:
0.39
FNIDX:
0.74
FZILX:
0.61
FNIDX:
1.09
FZILX:
1.08
FNIDX:
0.45
FZILX:
0.44
FNIDX:
1.76
FZILX:
1.52
FNIDX:
3.54%
FZILX:
3.31%
FNIDX:
13.03%
FZILX:
12.76%
FNIDX:
-33.17%
FZILX:
-34.37%
FNIDX:
-11.23%
FZILX:
-11.30%
Returns By Period
In the year-to-date period, FNIDX achieves a 3.42% return, which is significantly higher than FZILX's 2.08% return.
FNIDX
3.42%
-3.12%
-2.58%
4.67%
3.28%
N/A
FZILX
2.08%
-4.16%
-2.92%
3.48%
3.81%
N/A
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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 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.
Dividends
FNIDX vs. FZILX - Dividend Comparison
Neither FNIDX nor FZILX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
Fidelity International Sustainability Index Fd | 0.00% | 2.64% | 2.32% | 1.94% | 1.13% | 2.17% | 2.28% | 0.81% |
Fidelity ZERO International Index Fund | 0.00% | 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.
Volatility
FNIDX vs. FZILX - Volatility Comparison
The current volatility for Fidelity International Sustainability Index Fd (FNIDX) is 3.97%, while Fidelity ZERO International Index Fund (FZILX) has a volatility of 4.38%. This indicates that FNIDX 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.