FPADX vs. FXAIX
Compare and contrast key facts about Fidelity Emerging Markets Index Fund (FPADX) and Fidelity 500 Index Fund (FXAIX).
FPADX is managed by Fidelity. It was launched on Sep 8, 2011. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPADX or FXAIX.
Performance
FPADX vs. FXAIX - Performance Comparison
Returns By Period
In the year-to-date period, FPADX achieves a 7.46% return, which is significantly lower than FXAIX's 24.55% return. Over the past 10 years, FPADX has underperformed FXAIX with an annualized return of 3.07%, while FXAIX has yielded a comparatively higher 13.02% annualized return.
FPADX
7.46%
-5.68%
-0.92%
12.20%
2.73%
3.07%
FXAIX
24.55%
0.58%
11.42%
32.03%
15.31%
13.02%
Key characteristics
| FPADX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 0.82 | 2.63 |
| Sortino Ratio | 1.23 | 3.52 |
| Omega Ratio | 1.15 | 1.49 |
| Calmar Ratio | 0.40 | 3.81 |
| Martin Ratio | 3.93 | 17.22 |
| Ulcer Index | 2.93% | 1.87% |
| Daily Std Dev | 14.03% | 12.24% |
| Max Drawdown | -39.16% | -33.79% |
| Current Drawdown | -18.59% | -2.14% |
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FPADX vs. FXAIX - Expense Ratio Comparison
FPADX has a 0.08% expense ratio, which is higher than FXAIX's 0.02% 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%.
Correlation
The correlation between FPADX and FXAIX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FPADX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Index Fund (FPADX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
FPADX's dividend yield for the trailing twelve months is around 2.49%, more than FXAIX's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPADX Fidelity Emerging Markets Index Fund | 2.49% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 1.76% | 1.69% | 2.47% | 2.03% | 2.15% |
FXAIX Fidelity 500 Index Fund | 1.24% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
FPADX vs. FXAIX - Drawdown Comparison
The maximum FPADX drawdown since its inception was -39.16%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FPADX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FPADX vs. FXAIX - Volatility Comparison
Fidelity Emerging Markets Index Fund (FPADX) has a higher volatility of 4.42% compared to Fidelity 500 Index Fund (FXAIX) at 4.05%. This indicates that FPADX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.