FSKAX vs. FSDAX
Compare and contrast key facts about Fidelity Total Market Index Fund (FSKAX) and Fidelity Select Defense & Aerospace Portfolio (FSDAX).
FSKAX is managed by Fidelity. FSDAX is managed by Fidelity. It was launched on May 8, 1984.
Performance
FSKAX vs. FSDAX - Performance Comparison
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FSKAX vs. FSDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSKAX Fidelity Total Market Index Fund | -6.77% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
FSDAX Fidelity Select Defense & Aerospace Portfolio | -3.56% | 50.03% | 15.83% | 16.29% | 6.83% | 4.91% | -7.87% | 33.75% | -6.83% | 34.15% |
Returns By Period
In the year-to-date period, FSKAX achieves a -6.77% return, which is significantly lower than FSDAX's -3.56% return. Over the past 10 years, FSKAX has underperformed FSDAX with an annualized return of 13.23%, while FSDAX has yielded a comparatively higher 14.95% annualized return.
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%
FSDAX
- 1D
- -2.27%
- 1M
- -14.26%
- YTD
- -3.56%
- 6M
- -1.06%
- 1Y
- 34.57%
- 3Y*
- 23.65%
- 5Y*
- 15.00%
- 10Y*
- 14.95%
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FSKAX vs. FSDAX - Expense Ratio Comparison
FSKAX has a 0.02% expense ratio, which is lower than FSDAX's 0.74% expense ratio.
Return for Risk
FSKAX vs. FSDAX — Risk / Return Rank
FSKAX
FSDAX
FSKAX vs. FSDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Market Index Fund (FSKAX) and Fidelity Select Defense & Aerospace Portfolio (FSDAX). 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.
| FSKAX | FSDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 1.48 | -0.65 |
Sortino ratioReturn per unit of downside risk | 1.29 | 2.02 | -0.73 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.29 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.96 | -0.91 |
Martin ratioReturn relative to average drawdown | 5.05 | 7.81 | -2.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSKAX | FSDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 1.48 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.76 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.68 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.63 | +0.15 |
Correlation
The correlation between FSKAX and FSDAX 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
FSKAX vs. FSDAX - Dividend Comparison
FSKAX's dividend yield for the trailing twelve months is around 1.09%, less than FSDAX's 4.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FSDAX Fidelity Select Defense & Aerospace Portfolio | 4.65% | 4.48% | 7.68% | 6.47% | 8.87% | 8.38% | 2.11% | 2.62% | 11.45% | 3.57% | 4.87% | 6.30% |
Drawdowns
FSKAX vs. FSDAX - Drawdown Comparison
The maximum FSKAX drawdown since its inception was -35.01%, smaller than the maximum FSDAX drawdown of -60.59%. Use the drawdown chart below to compare losses from any high point for FSKAX and FSDAX.
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Drawdown Indicators
| FSKAX | FSDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.01% | -60.59% | +25.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -16.13% | +3.71% |
Max Drawdown (5Y)Largest decline over 5 years | -25.39% | -22.84% | -2.55% |
Max Drawdown (10Y)Largest decline over 10 years | -35.01% | -47.08% | +12.07% |
Current DrawdownCurrent decline from peak | -8.92% | -16.13% | +7.21% |
Average DrawdownAverage peak-to-trough decline | -4.05% | -10.45% | +6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 4.04% | -1.47% |
Volatility
FSKAX vs. FSDAX - Volatility Comparison
The current volatility for Fidelity Total Market Index Fund (FSKAX) is 4.42%, while Fidelity Select Defense & Aerospace Portfolio (FSDAX) has a volatility of 7.71%. This indicates that FSKAX experiences smaller price fluctuations and is considered to be less risky than FSDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSKAX | FSDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 7.71% | -3.29% |
Volatility (6M)Calculated over the trailing 6-month period | 9.40% | 15.52% | -6.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.50% | 23.22% | -4.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.38% | 19.92% | -2.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.42% | 22.07% | -3.65% |