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FSKAX vs. FZILX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSKAX vs. FZILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Total Market Index Fund (FSKAX) and Fidelity ZERO International Index Fund (FZILX). The values are adjusted to include any dividend payments, if applicable.

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FSKAX vs. FZILX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FSKAX
Fidelity Total Market Index Fund
-6.77%17.06%23.89%26.12%-19.53%25.66%20.79%30.92%-12.21%
FZILX
Fidelity ZERO International Index Fund
-0.81%33.52%5.32%16.28%-15.96%8.19%11.06%21.69%-9.38%

Returns By Period

In the year-to-date period, FSKAX achieves a -6.77% return, which is significantly lower than FZILX's -0.81% 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%

FZILX

1D
-0.14%
1M
-11.08%
YTD
-0.81%
6M
3.98%
1Y
24.73%
3Y*
14.86%
5Y*
7.32%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSKAX vs. FZILX - Expense Ratio Comparison

FSKAX has a 0.02% expense ratio, which is higher than FZILX's 0.00% 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%.


Return for Risk

FSKAX vs. FZILX — Risk / Return Rank

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

FSKAX
FSKAX Risk / Return Rank: 4545
Overall Rank
FSKAX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FSKAX Sortino Ratio Rank: 4444
Sortino Ratio Rank
FSKAX Omega Ratio Rank: 4848
Omega Ratio Rank
FSKAX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FSKAX Martin Ratio Rank: 5252
Martin Ratio Rank

FZILX
FZILX Risk / Return Rank: 8080
Overall Rank
FZILX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FZILX Sortino Ratio Rank: 8080
Sortino Ratio Rank
FZILX Omega Ratio Rank: 7878
Omega Ratio Rank
FZILX Calmar Ratio Rank: 8282
Calmar Ratio Rank
FZILX Martin Ratio Rank: 7979
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.

FSKAX vs. FZILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Market Index Fund (FSKAX) and Fidelity ZERO International Index Fund (FZILX). 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.


FSKAXFZILXDifference

Sharpe ratio

Return per unit of total volatility

0.83

1.47

-0.64

Sortino ratio

Return per unit of downside risk

1.29

1.98

-0.69

Omega ratio

Gain probability vs. loss probability

1.19

1.30

-0.10

Calmar ratio

Return relative to maximum drawdown

1.04

1.97

-0.92

Martin ratio

Return relative to average drawdown

5.05

7.73

-2.68

FSKAX vs. FZILX - Sharpe Ratio Comparison

The current FSKAX Sharpe Ratio is 0.83, which is lower than the FZILX Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of FSKAX and FZILX, 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


FSKAXFZILXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.83

1.47

-0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

0.48

+0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

Sharpe Ratio (All Time)

Calculated using the full available price history

0.78

0.47

+0.31

Correlation

The correlation between FSKAX and FZILX is 0.79, 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. FZILX - Dividend Comparison

FSKAX's dividend yield for the trailing twelve months is around 1.09%, less than FZILX's 2.70% yield.


TTM20252024202320222021202020192018201720162015
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%
FZILX
Fidelity ZERO International Index Fund
2.70%2.67%3.00%2.98%2.71%2.61%1.64%2.37%0.02%0.00%0.00%0.00%

Drawdowns

FSKAX vs. FZILX - Drawdown Comparison

The maximum FSKAX drawdown since its inception was -35.01%, roughly equal to the maximum FZILX drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for FSKAX and FZILX.


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Drawdown Indicators


FSKAXFZILXDifference

Max Drawdown

Largest peak-to-trough decline

-35.01%

-34.37%

-0.64%

Max Drawdown (1Y)

Largest decline over 1 year

-12.42%

-11.24%

-1.18%

Max Drawdown (5Y)

Largest decline over 5 years

-25.39%

-29.87%

+4.48%

Max Drawdown (10Y)

Largest decline over 10 years

-35.01%

Current Drawdown

Current decline from peak

-8.92%

-11.24%

+2.32%

Average Drawdown

Average peak-to-trough decline

-4.05%

-6.80%

+2.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.57%

2.86%

-0.29%

Volatility

FSKAX vs. FZILX - Volatility Comparison

The current volatility for Fidelity Total Market Index Fund (FSKAX) is 4.42%, while Fidelity ZERO International Index Fund (FZILX) has a volatility of 7.19%. This indicates that FSKAX experiences smaller price fluctuations and is considered to be less risky than FZILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSKAXFZILXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.42%

7.19%

-2.77%

Volatility (6M)

Calculated over the trailing 6-month period

9.40%

10.87%

-1.47%

Volatility (1Y)

Calculated over the trailing 1-year period

18.50%

16.21%

+2.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.38%

15.27%

+2.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.42%

17.27%

+1.15%