FSCJX vs. FSPWX
FSCJX (Fidelity SAI Canada Equity Index Fund) and FSPWX (Fidelity SAI Inflation-Protected Bond Index Fund) are both mutual funds - FSCJX is a Canada Equities fund tracking the MSCI Canada Index, while FSPWX is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation Protected Securities Index. Both are passively managed. Over the past year, FSCJX returned 29.79% vs 3.53% for FSPWX. At a 0.24 correlation, their price movements are largely independent. FSCJX charges 0.12%/yr vs 0.05%/yr for FSPWX.
Performance
FSCJX vs. FSPWX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSCJX achieves a 8.01% return, which is significantly higher than FSPWX's 0.83% return.
FSCJX
- 1D
- 0.00%
- 1M
- -0.58%
- YTD
- 8.01%
- 6M
- 6.81%
- 1Y
- 29.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FSPWX
- 1D
- -0.39%
- 1M
- 0.00%
- YTD
- 0.83%
- 6M
- 0.93%
- 1Y
- 3.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FSCJX vs. FSPWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FSCJX Fidelity SAI Canada Equity Index Fund | 8.01% | 36.41% | 3.51% |
FSPWX Fidelity SAI Inflation-Protected Bond Index Fund | 0.83% | 6.76% | -1.32% |
Correlation
The correlation between FSCJX and FSPWX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024 | 0.24 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSCJX vs. FSPWX — Risk / Return Rank
FSCJX
FSPWX
FSCJX vs. FSPWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Canada Equity Index Fund (FSCJX) and Fidelity SAI Inflation-Protected Bond Index Fund (FSPWX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSCJX | FSPWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.09 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.20 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 1.88 | +1.81 |
| Martin ratioReturn relative to average drawdown | 14.84 | 5.69 | +9.15 |
Loading charts...
Drawdowns
FSCJX vs. FSPWX - Drawdown Comparison
The maximum FSCJX drawdown since its inception was -12.43%, which is greater than FSPWX's maximum drawdown of -3.84%. Use the drawdown chart below to compare losses from any high point for FSCJX and FSPWX.
Loading charts...
Drawdown Indicators
| FSCJX | FSPWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.43% | -3.84% | -8.59% |
Max Drawdown (1Y)Largest decline over 1 year | -8.33% | -1.95% | -6.38% |
Current DrawdownCurrent decline from peak | -2.16% | -0.98% | -1.18% |
Average DrawdownAverage peak-to-trough decline | -1.62% | -0.96% | -0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 0.64% | +1.42% |
Volatility
FSCJX vs. FSPWX - Volatility Comparison
Fidelity SAI Canada Equity Index Fund (FSCJX) has a higher volatility of 4.31% compared to Fidelity SAI Inflation-Protected Bond Index Fund (FSPWX) at 1.22%. This indicates that FSCJX's price experiences larger fluctuations and is considered to be riskier than FSPWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSCJX | FSPWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 1.22% | +3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 11.22% | 2.43% | +8.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.07% | 3.35% | +10.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.35% | 4.07% | +11.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 4.07% | +11.28% |
FSCJX vs. FSPWX - Expense Ratio Comparison
FSCJX has a 0.12% expense ratio, which is higher than FSPWX's 0.05% 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%.
Dividends
FSCJX vs. FSPWX - Dividend Comparison
FSCJX's dividend yield for the trailing twelve months is around 1.24%, less than FSPWX's 3.79% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FSCJX Fidelity SAI Canada Equity Index Fund | 1.24% | 1.34% | 1.10% |
FSPWX Fidelity SAI Inflation-Protected Bond Index Fund | 3.79% | 4.19% | 0.69% |
Frequently Asked Questions
FSCJX and FSPWX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSCJX has higher volatility (4.31%) compared to FSPWX (1.22%). In terms of maximum drawdown, FSCJX dropped -12.43% vs FSPWX's -3.84%.
FSCJX currently has the higher Sharpe Ratio (2.19 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FSCJX and FSPWX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer