FSDIX vs. FXAIX
Compare and contrast key facts about Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity 500 Index Fund (FXAIX).
FSDIX is managed by Fidelity. It was launched on Dec 23, 2003. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSDIX or FXAIX.
Performance
FSDIX vs. FXAIX - Performance Comparison
Returns By Period
In the year-to-date period, FSDIX achieves a 16.64% return, which is significantly lower than FXAIX's 26.70% return. Over the past 10 years, FSDIX has underperformed FXAIX with an annualized return of 5.13%, while FXAIX has yielded a comparatively higher 13.12% annualized return.
FSDIX
16.64%
1.62%
11.33%
19.76%
5.61%
5.13%
FXAIX
26.70%
3.09%
13.28%
32.84%
15.78%
13.12%
Key characteristics
| FSDIX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 2.33 | 2.68 |
| Sortino Ratio | 3.17 | 3.58 |
| Omega Ratio | 1.43 | 1.50 |
| Calmar Ratio | 1.53 | 3.89 |
| Martin Ratio | 13.01 | 17.48 |
| Ulcer Index | 1.52% | 1.88% |
| Daily Std Dev | 8.48% | 12.24% |
| Max Drawdown | -58.56% | -33.79% |
| Current Drawdown | 0.00% | -0.46% |
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FSDIX vs. FXAIX - Expense Ratio Comparison
FSDIX has a 0.68% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Correlation
The correlation between FSDIX and FXAIX is 0.91, 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.
Risk-Adjusted Performance
FSDIX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Dividend & Income Fund (FSDIX) 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
FSDIX vs. FXAIX - Dividend Comparison
FSDIX's dividend yield for the trailing twelve months is around 2.54%, more than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSDIX Fidelity Strategic Dividend & Income Fund | 2.54% | 2.81% | 2.65% | 2.23% | 2.65% | 2.17% | 3.36% | 2.71% | 2.78% | 4.39% | 9.15% | 3.90% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
FSDIX vs. FXAIX - Drawdown Comparison
The maximum FSDIX drawdown since its inception was -58.56%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FSDIX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FSDIX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Strategic Dividend & Income Fund (FSDIX) is 2.45%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.96%. This indicates that FSDIX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.