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FSDIX vs. TEPAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSDIX vs. TEPAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Strategic Dividend & Income Fund (FSDIX) and American Funds Tax-Exempt Preservation Portfolio (TEPAX). The values are adjusted to include any dividend payments, if applicable.

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FSDIX vs. TEPAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSDIX
Fidelity Strategic Dividend & Income Fund
3.35%6.52%11.52%9.45%-9.84%19.03%11.23%22.50%-4.33%11.23%
TEPAX
American Funds Tax-Exempt Preservation Portfolio
-0.13%4.36%2.14%3.63%-4.36%-0.03%3.52%4.14%0.90%2.43%

Returns By Period

In the year-to-date period, FSDIX achieves a 3.35% return, which is significantly higher than TEPAX's -0.13% return. Over the past 10 years, FSDIX has outperformed TEPAX with an annualized return of 8.58%, while TEPAX has yielded a comparatively lower 1.50% annualized return.


FSDIX

1D
-0.27%
1M
-5.65%
YTD
3.35%
6M
-0.38%
1Y
8.54%
3Y*
9.57%
5Y*
6.48%
10Y*
8.58%

TEPAX

1D
0.10%
1M
-1.72%
YTD
-0.13%
6M
0.56%
1Y
3.61%
3Y*
2.84%
5Y*
1.12%
10Y*
1.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSDIX vs. TEPAX - Expense Ratio Comparison

FSDIX has a 0.68% expense ratio, which is higher than TEPAX's 0.34% expense ratio.


Return for Risk

FSDIX vs. TEPAX — Risk / Return Rank

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

FSDIX
FSDIX Risk / Return Rank: 3131
Overall Rank
FSDIX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
FSDIX Sortino Ratio Rank: 2626
Sortino Ratio Rank
FSDIX Omega Ratio Rank: 3535
Omega Ratio Rank
FSDIX Calmar Ratio Rank: 3030
Calmar Ratio Rank
FSDIX Martin Ratio Rank: 3232
Martin Ratio Rank

TEPAX
TEPAX Risk / Return Rank: 8585
Overall Rank
TEPAX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
TEPAX Sortino Ratio Rank: 8787
Sortino Ratio Rank
TEPAX Omega Ratio Rank: 9595
Omega Ratio Rank
TEPAX Calmar Ratio Rank: 8080
Calmar Ratio Rank
TEPAX Martin Ratio Rank: 7878
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.

FSDIX vs. TEPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Dividend & Income Fund (FSDIX) and American Funds Tax-Exempt Preservation Portfolio (TEPAX). 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.


FSDIXTEPAXDifference

Sharpe ratio

Return per unit of total volatility

0.70

1.75

-1.05

Sortino ratio

Return per unit of downside risk

0.96

2.31

-1.35

Omega ratio

Gain probability vs. loss probability

1.16

1.52

-0.35

Calmar ratio

Return relative to maximum drawdown

0.85

1.90

-1.05

Martin ratio

Return relative to average drawdown

3.41

7.61

-4.20

FSDIX vs. TEPAX - Sharpe Ratio Comparison

The current FSDIX Sharpe Ratio is 0.70, which is lower than the TEPAX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of FSDIX and TEPAX, 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


FSDIXTEPAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.70

1.75

-1.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.58

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

0.73

-0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.83

-0.32

Correlation

The correlation between FSDIX and TEPAX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FSDIX vs. TEPAX - Dividend Comparison

FSDIX's dividend yield for the trailing twelve months is around 1.74%, less than TEPAX's 2.41% yield.


TTM20252024202320222021202020192018201720162015
FSDIX
Fidelity Strategic Dividend & Income Fund
1.74%1.80%5.27%5.71%4.23%8.43%5.67%6.68%8.19%6.57%4.92%6.38%
TEPAX
American Funds Tax-Exempt Preservation Portfolio
2.41%2.39%2.44%1.96%1.11%0.87%1.44%1.79%1.72%1.79%2.22%2.36%

Drawdowns

FSDIX vs. TEPAX - Drawdown Comparison

The maximum FSDIX drawdown since its inception was -58.92%, which is greater than TEPAX's maximum drawdown of -7.13%. Use the drawdown chart below to compare losses from any high point for FSDIX and TEPAX.


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Drawdown Indicators


FSDIXTEPAXDifference

Max Drawdown

Largest peak-to-trough decline

-58.92%

-7.13%

-51.79%

Max Drawdown (1Y)

Largest decline over 1 year

-9.50%

-2.07%

-7.43%

Max Drawdown (5Y)

Largest decline over 5 years

-17.08%

-7.12%

-9.96%

Max Drawdown (10Y)

Largest decline over 10 years

-29.99%

-7.13%

-22.86%

Current Drawdown

Current decline from peak

-5.75%

-1.72%

-4.03%

Average Drawdown

Average peak-to-trough decline

-6.40%

-1.25%

-5.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.35%

0.52%

+1.83%

Volatility

FSDIX vs. TEPAX - Volatility Comparison

Fidelity Strategic Dividend & Income Fund (FSDIX) has a higher volatility of 3.31% compared to American Funds Tax-Exempt Preservation Portfolio (TEPAX) at 0.61%. This indicates that FSDIX's price experiences larger fluctuations and is considered to be riskier than TEPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSDIXTEPAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.31%

0.61%

+2.70%

Volatility (6M)

Calculated over the trailing 6-month period

8.75%

0.98%

+7.77%

Volatility (1Y)

Calculated over the trailing 1-year period

13.16%

2.14%

+11.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.23%

1.93%

+9.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.55%

2.06%

+10.49%