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FQITX vs. FSKAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FQITX vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI International Quality Index Fund (FQITX) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

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FQITX vs. FSKAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
FQITX
Fidelity SAI International Quality Index Fund
-6.47%17.04%1.04%18.44%-17.12%14.00%29.60%
FSKAX
Fidelity Total Market Index Fund
-6.77%17.06%23.89%26.12%-19.53%25.66%36.62%

Returns By Period

The year-to-date returns for both stocks are quite close, with FQITX having a -6.47% return and FSKAX slightly lower at -6.77%.


FQITX

1D
0.31%
1M
-12.39%
YTD
-6.47%
6M
-3.66%
1Y
6.17%
3Y*
6.42%
5Y*
4.47%
10Y*

FSKAX

1D
-0.47%
1M
-7.69%
YTD
-6.77%
6M
-4.56%
1Y
14.73%
3Y*
16.72%
5Y*
10.13%
10Y*
13.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FQITX vs. FSKAX - Expense Ratio Comparison

FQITX has a 0.19% expense ratio, which is higher than FSKAX'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%.


Return for Risk

FQITX vs. FSKAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FQITX
FQITX Risk / Return Rank: 1111
Overall Rank
FQITX Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
FQITX Sortino Ratio Rank: 1111
Sortino Ratio Rank
FQITX Omega Ratio Rank: 1010
Omega Ratio Rank
FQITX Calmar Ratio Rank: 1212
Calmar Ratio Rank
FQITX Martin Ratio Rank: 1313
Martin Ratio Rank

FSKAX
FSKAX Risk / Return Rank: 4545
Overall Rank
FSKAX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FSKAX Sortino Ratio Rank: 4444
Sortino Ratio Rank
FSKAX Omega Ratio Rank: 4848
Omega Ratio Rank
FSKAX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FSKAX Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FQITX vs. FSKAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International Quality Index Fund (FQITX) and Fidelity Total Market Index Fund (FSKAX). 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.


FQITXFSKAXDifference

Sharpe ratio

Return per unit of total volatility

0.26

0.83

-0.57

Sortino ratio

Return per unit of downside risk

0.49

1.29

-0.80

Omega ratio

Gain probability vs. loss probability

1.06

1.19

-0.13

Calmar ratio

Return relative to maximum drawdown

0.31

1.04

-0.73

Martin ratio

Return relative to average drawdown

1.18

5.05

-3.87

FQITX vs. FSKAX - Sharpe Ratio Comparison

The current FQITX Sharpe Ratio is 0.26, which is lower than the FSKAX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FQITX and FSKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FQITXFSKAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.26

0.83

-0.57

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.27

0.59

-0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.78

-0.26

Correlation

The correlation between FQITX and FSKAX is 0.73, 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.


Dividends

FQITX vs. FSKAX - Dividend Comparison

FQITX's dividend yield for the trailing twelve months is around 2.18%, more than FSKAX's 1.09% yield.


TTM20252024202320222021202020192018201720162015
FQITX
Fidelity SAI International Quality Index Fund
2.18%2.04%1.60%2.54%3.13%11.07%0.00%0.00%0.00%0.00%0.00%0.00%
FSKAX
Fidelity Total Market Index Fund
1.09%1.01%1.19%1.41%1.62%1.15%1.45%1.94%2.54%2.07%2.43%0.82%

Drawdowns

FQITX vs. FSKAX - Drawdown Comparison

The maximum FQITX drawdown since its inception was -31.39%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FQITX and FSKAX.


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Drawdown Indicators


FQITXFSKAXDifference

Max Drawdown

Largest peak-to-trough decline

-31.39%

-35.01%

+3.62%

Max Drawdown (1Y)

Largest decline over 1 year

-12.89%

-12.42%

-0.47%

Max Drawdown (5Y)

Largest decline over 5 years

-31.39%

-25.39%

-6.00%

Max Drawdown (10Y)

Largest decline over 10 years

-35.01%

Current Drawdown

Current decline from peak

-12.62%

-8.92%

-3.70%

Average Drawdown

Average peak-to-trough decline

-6.93%

-4.05%

-2.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.42%

2.57%

+0.85%

Volatility

FQITX vs. FSKAX - Volatility Comparison

Fidelity SAI International Quality Index Fund (FQITX) has a higher volatility of 7.47% compared to Fidelity Total Market Index Fund (FSKAX) at 4.42%. This indicates that FQITX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FQITXFSKAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.47%

4.42%

+3.05%

Volatility (6M)

Calculated over the trailing 6-month period

11.83%

9.40%

+2.43%

Volatility (1Y)

Calculated over the trailing 1-year period

17.95%

18.50%

-0.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.40%

17.38%

-0.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.30%

18.42%

-2.12%