FPUKX vs. FSMDX
Compare and contrast key facts about Fidelity Puritan Fund Class K (FPUKX) and Fidelity Mid Cap Index Fund (FSMDX).
FPUKX is managed by Fidelity. It was launched on May 9, 2008. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPUKX or FSMDX.
Key characteristics
| FPUKX | FSMDX | |
|---|---|---|
| YTD Return | 19.91% | 20.41% |
| 1Y Return | 25.59% | 33.07% |
| 3Y Return (Ann) | 1.48% | 3.73% |
| 5Y Return (Ann) | 5.90% | 10.45% |
| 10Y Return (Ann) | 4.95% | 9.31% |
| Sharpe Ratio | 2.72 | 2.77 |
| Sortino Ratio | 3.81 | 3.84 |
| Omega Ratio | 1.51 | 1.48 |
| Calmar Ratio | 1.22 | 2.25 |
| Martin Ratio | 16.49 | 16.31 |
| Ulcer Index | 1.67% | 2.30% |
| Daily Std Dev | 10.10% | 13.55% |
| Max Drawdown | -37.26% | -40.35% |
| Current Drawdown | -2.29% | -0.96% |
Correlation
The correlation between FPUKX and FSMDX is 0.89, 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
FPUKX vs. FSMDX - Performance Comparison
The year-to-date returns for both investments are quite close, with FPUKX having a 19.91% return and FSMDX slightly higher at 20.41%. Over the past 10 years, FPUKX has underperformed FSMDX with an annualized return of 4.95%, while FSMDX has yielded a comparatively higher 9.31% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FPUKX vs. FSMDX - Expense Ratio Comparison
FPUKX has a 0.43% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Risk-Adjusted Performance
FPUKX vs. FSMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Puritan Fund Class K (FPUKX) and Fidelity Mid Cap Index Fund (FSMDX). 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
FPUKX vs. FSMDX - Dividend Comparison
FPUKX's dividend yield for the trailing twelve months is around 9.56%, more than FSMDX's 0.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPUKX Fidelity Puritan Fund Class K | 9.56% | 1.78% | 1.70% | 1.09% | 1.17% | 1.61% | 1.93% | 1.42% | 1.86% | 8.08% | 9.90% | 10.42% |
FSMDX Fidelity Mid Cap Index Fund | 0.95% | 1.39% | 1.59% | 1.10% | 1.37% | 1.42% | 1.85% | 1.32% | 1.35% | 2.29% | 3.82% | 2.74% |
Drawdowns
FPUKX vs. FSMDX - Drawdown Comparison
The maximum FPUKX drawdown since its inception was -37.26%, smaller than the maximum FSMDX drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for FPUKX and FSMDX. For additional features, visit the drawdowns tool.
Volatility
FPUKX vs. FSMDX - Volatility Comparison
The current volatility for Fidelity Puritan Fund Class K (FPUKX) is 2.77%, while Fidelity Mid Cap Index Fund (FSMDX) has a volatility of 4.09%. This indicates that FPUKX experiences smaller price fluctuations and is considered to be less risky than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.