FSCRX vs. SWSSX
Compare and contrast key facts about Fidelity Small Cap Discovery Fund (FSCRX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX).
FSCRX is managed by Fidelity. It was launched on Sep 26, 2000. SWSSX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 2000 Index. It was launched on May 19, 1997.
Performance
FSCRX vs. SWSSX - Performance Comparison
Loading graphics...
FSCRX vs. SWSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSCRX Fidelity Small Cap Discovery Fund | -4.64% | 10.89% | 2.75% | 21.28% | -16.68% | 35.66% | 6.87% | 27.31% | -14.06% | 7.71% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | -2.49% | 12.88% | 11.57% | 17.07% | -20.43% | 14.77% | 20.12% | 25.63% | -11.19% | 14.76% |
Returns By Period
In the year-to-date period, FSCRX achieves a -4.64% return, which is significantly lower than SWSSX's -2.49% return. Over the past 10 years, FSCRX has underperformed SWSSX with an annualized return of 8.07%, while SWSSX has yielded a comparatively higher 9.50% annualized return.
FSCRX
- 1D
- -1.24%
- 1M
- -7.88%
- YTD
- -4.64%
- 6M
- -2.54%
- 1Y
- 12.26%
- 3Y*
- 7.76%
- 5Y*
- 5.01%
- 10Y*
- 8.07%
SWSSX
- 1D
- -1.45%
- 1M
- -8.18%
- YTD
- -2.49%
- 6M
- -0.36%
- 1Y
- 21.55%
- 3Y*
- 11.83%
- 5Y*
- 3.10%
- 10Y*
- 9.50%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSCRX vs. SWSSX - Expense Ratio Comparison
FSCRX has a 0.98% expense ratio, which is higher than SWSSX's 0.04% expense ratio.
Return for Risk
FSCRX vs. SWSSX — Risk / Return Rank
FSCRX
SWSSX
FSCRX vs. SWSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Discovery Fund (FSCRX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX). 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.
| FSCRX | SWSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.57 | 0.91 | -0.35 |
Sortino ratioReturn per unit of downside risk | 0.97 | 1.40 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.18 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.79 | 1.33 | -0.54 |
Martin ratioReturn relative to average drawdown | 2.62 | 5.02 | -2.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FSCRX | SWSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 0.91 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.14 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.40 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.33 | +0.12 |
Correlation
The correlation between FSCRX and SWSSX is 0.93, 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
FSCRX vs. SWSSX - Dividend Comparison
FSCRX's dividend yield for the trailing twelve months is around 15.41%, more than SWSSX's 1.32% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCRX Fidelity Small Cap Discovery Fund | 15.41% | 14.70% | 13.03% | 4.44% | 11.56% | 6.12% | 2.79% | 7.46% | 35.48% | 13.68% | 0.44% | 7.28% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 1.32% | 1.29% | 1.66% | 1.49% | 1.32% | 8.88% | 2.55% | 6.12% | 10.45% | 5.22% | 4.10% | 6.92% |
Drawdowns
FSCRX vs. SWSSX - Drawdown Comparison
The maximum FSCRX drawdown since its inception was -56.27%, smaller than the maximum SWSSX drawdown of -60.34%. Use the drawdown chart below to compare losses from any high point for FSCRX and SWSSX.
Loading graphics...
Drawdown Indicators
| FSCRX | SWSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.27% | -60.34% | +4.07% |
Max Drawdown (1Y)Largest decline over 1 year | -12.79% | -13.90% | +1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -25.91% | -31.93% | +6.02% |
Max Drawdown (10Y)Largest decline over 10 years | -47.06% | -41.81% | -5.25% |
Current DrawdownCurrent decline from peak | -11.34% | -11.00% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -10.78% | +2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 3.68% | +0.18% |
Volatility
FSCRX vs. SWSSX - Volatility Comparison
The current volatility for Fidelity Small Cap Discovery Fund (FSCRX) is 5.68%, while Schwab Small-Cap Index Fund-Select Shares (SWSSX) has a volatility of 6.59%. This indicates that FSCRX experiences smaller price fluctuations and is considered to be less risky than SWSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FSCRX | SWSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 6.59% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 14.12% | -1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.38% | 23.11% | -1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.02% | 22.57% | -2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.67% | 24.03% | -2.36% |