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FSMAX vs. FTIHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSMAX and FTIHX 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.


-0.50.00.51.00.7

Performance

FSMAX vs. FTIHX - Performance Comparison

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

60.00%80.00%100.00%120.00%140.00%160.00%180.00%JulyAugustSeptemberOctoberNovemberDecember
152.91%
68.59%
FSMAX
FTIHX

Key characteristics

Sharpe Ratio

FSMAX:

1.13

FTIHX:

0.39

Sortino Ratio

FSMAX:

1.62

FTIHX:

0.61

Omega Ratio

FSMAX:

1.20

FTIHX:

1.08

Calmar Ratio

FSMAX:

1.09

FTIHX:

0.45

Martin Ratio

FSMAX:

6.14

FTIHX:

1.51

Ulcer Index

FSMAX:

3.32%

FTIHX:

3.26%

Daily Std Dev

FSMAX:

18.10%

FTIHX:

12.53%

Max Drawdown

FSMAX:

-41.67%

FTIHX:

-35.75%

Current Drawdown

FSMAX:

-7.30%

FTIHX:

-11.08%

Returns By Period

In the year-to-date period, FSMAX achieves a 17.83% return, which is significantly higher than FTIHX's 1.90% return.


FSMAX

YTD

17.83%

1M

-2.39%

6M

15.12%

1Y

18.47%

5Y*

10.09%

10Y*

9.57%

FTIHX

YTD

1.90%

1M

-4.01%

6M

-2.97%

1Y

3.40%

5Y*

3.64%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSMAX vs. FTIHX - Expense Ratio Comparison

FSMAX has a 0.04% expense ratio, which is lower than FTIHX's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FTIHX
Fidelity Total International Index Fund
Expense ratio chart for FTIHX: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%
Expense ratio chart for FSMAX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

FSMAX vs. FTIHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Extended Market Index Fund (FSMAX) and Fidelity Total International Index Fund (FTIHX). 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.


Sharpe ratio
The chart of Sharpe ratio for FSMAX, currently valued at 1.13, compared to the broader market-1.000.001.002.003.004.001.130.39
The chart of Sortino ratio for FSMAX, currently valued at 1.62, compared to the broader market-2.000.002.004.006.008.0010.001.620.61
The chart of Omega ratio for FSMAX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.08
The chart of Calmar ratio for FSMAX, currently valued at 1.08, compared to the broader market0.002.004.006.008.0010.0012.0014.001.090.45
The chart of Martin ratio for FSMAX, currently valued at 6.14, compared to the broader market0.0020.0040.0060.006.141.51
FSMAX
FTIHX

The current FSMAX Sharpe Ratio is 1.13, which is higher than the FTIHX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of FSMAX and FTIHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.13
0.39
FSMAX
FTIHX

Dividends

FSMAX vs. FTIHX - Dividend Comparison

Neither FSMAX nor FTIHX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FSMAX
Fidelity Extended Market Index Fund
0.00%1.17%1.38%0.99%0.93%1.41%1.69%1.30%1.38%2.99%5.43%4.09%
FTIHX
Fidelity Total International Index Fund
0.00%2.78%2.51%2.55%1.62%2.61%2.21%1.36%0.40%0.00%0.00%0.00%

Drawdowns

FSMAX vs. FTIHX - Drawdown Comparison

The maximum FSMAX drawdown since its inception was -41.67%, which is greater than FTIHX's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for FSMAX and FTIHX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.30%
-11.08%
FSMAX
FTIHX

Volatility

FSMAX vs. FTIHX - Volatility Comparison

Fidelity Extended Market Index Fund (FSMAX) has a higher volatility of 6.26% compared to Fidelity Total International Index Fund (FTIHX) at 4.28%. This indicates that FSMAX's price experiences larger fluctuations and is considered to be riskier than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
6.26%
4.28%
FSMAX
FTIHX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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