FNORX vs. FIENX
Compare and contrast key facts about Fidelity Nordic Fund (FNORX) and Fidelity International Enhanced Index Fund (FIENX).
FNORX is managed by Fidelity. It was launched on Nov 1, 1995. FIENX is managed by Fidelity. It was launched on Dec 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNORX or FIENX.
Performance
FNORX vs. FIENX - Performance Comparison
Returns By Period
FNORX
-0.72%
-7.55%
-10.14%
8.72%
10.10%
7.84%
FIENX
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| FNORX | FIENX |
|---|
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FNORX vs. FIENX - Expense Ratio Comparison
FNORX has a 0.92% expense ratio, which is higher than FIENX's 0.55% expense ratio.
Correlation
The correlation between FNORX and FIENX is 0.81, 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.
Risk-Adjusted Performance
FNORX vs. FIENX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Nordic Fund (FNORX) and Fidelity International Enhanced Index Fund (FIENX). 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
FNORX vs. FIENX - Dividend Comparison
FNORX's dividend yield for the trailing twelve months is around 0.05%, while FIENX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNORX Fidelity Nordic Fund | 0.05% | 0.05% | 0.00% | 4.68% | 1.45% | 3.35% | 0.12% | 0.95% | 1.45% | 1.32% | 0.00% | 7.72% |
FIENX Fidelity International Enhanced Index Fund | 0.00% | 7.66% | 2.41% | 2.72% | 1.64% | 3.00% | 2.37% | 1.64% | 2.44% | 1.03% | 3.00% | 2.63% |
Drawdowns
FNORX vs. FIENX - Drawdown Comparison
Volatility
FNORX vs. FIENX - Volatility Comparison
Fidelity Nordic Fund (FNORX) has a higher volatility of 4.51% compared to Fidelity International Enhanced Index Fund (FIENX) at 0.00%. This indicates that FNORX's price experiences larger fluctuations and is considered to be riskier than FIENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.