FPADX vs. FSPSX
Compare and contrast key facts about Fidelity Emerging Markets Index Fund (FPADX) and Fidelity International Index Fund (FSPSX).
FPADX is managed by Fidelity. It was launched on Sep 8, 2011. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPADX or FSPSX.
Correlation
The correlation between FPADX and FSPSX is 0.75, 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
FPADX vs. FSPSX - Performance Comparison
Key characteristics
FPADX:
1.03
FSPSX:
0.69
FPADX:
1.51
FSPSX:
1.01
FPADX:
1.19
FSPSX:
1.12
FPADX:
0.50
FSPSX:
0.84
FPADX:
3.30
FSPSX:
2.05
FPADX:
4.32%
FSPSX:
4.18%
FPADX:
13.87%
FSPSX:
12.47%
FPADX:
-39.16%
FSPSX:
-33.69%
FPADX:
-18.71%
FSPSX:
-7.81%
Returns By Period
In the year-to-date period, FPADX achieves a 0.48% return, which is significantly lower than FSPSX's 1.62% return. Over the past 10 years, FPADX has underperformed FSPSX with an annualized return of 3.15%, while FSPSX has yielded a comparatively higher 5.44% annualized return.
FPADX
0.48%
-0.19%
-0.14%
12.22%
0.84%
3.15%
FSPSX
1.62%
2.02%
-1.84%
7.53%
4.96%
5.44%
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FPADX vs. FSPSX - Expense Ratio Comparison
FPADX has a 0.08% expense ratio, which is higher than FSPSX's 0.04% 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
FPADX vs. FSPSX — Risk-Adjusted Performance Rank
FPADX
FSPSX
FPADX vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Index Fund (FPADX) 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.
Dividends
FPADX vs. FSPSX - Dividend Comparison
FPADX's dividend yield for the trailing twelve months is around 2.68%, less than FSPSX's 3.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPADX Fidelity Emerging Markets Index Fund | 2.68% | 2.70% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 1.76% | 1.69% | 2.47% | 4.05% |
FSPSX Fidelity International Index Fund | 3.22% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.83% | 7.05% |
Drawdowns
FPADX vs. FSPSX - Drawdown Comparison
The maximum FPADX drawdown since its inception was -39.16%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FPADX and FSPSX. For additional features, visit the drawdowns tool.
Volatility
FPADX vs. FSPSX - Volatility Comparison
Fidelity Emerging Markets Index Fund (FPADX) and Fidelity International Index Fund (FSPSX) have volatilities of 3.67% and 3.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.