FSMAX vs. VEXMX
Compare and contrast key facts about Fidelity Extended Market Index Fund (FSMAX) and Vanguard Extended Market Index Fund (VEXMX).
FSMAX is managed by Fidelity. VEXMX is managed by Vanguard. It was launched on Dec 21, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSMAX or VEXMX.
Correlation
The correlation between FSMAX and VEXMX is 0.87, 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.
Performance
FSMAX vs. VEXMX - Performance Comparison
Key characteristics
FSMAX:
0.20
VEXMX:
0.20
FSMAX:
0.48
VEXMX:
0.47
FSMAX:
1.06
VEXMX:
1.06
FSMAX:
0.20
VEXMX:
0.19
FSMAX:
0.63
VEXMX:
0.61
FSMAX:
8.39%
VEXMX:
8.42%
FSMAX:
24.25%
VEXMX:
24.26%
FSMAX:
-41.67%
VEXMX:
-58.17%
FSMAX:
-13.81%
VEXMX:
-13.83%
Returns By Period
The year-to-date returns for both investments are quite close, with FSMAX having a -6.35% return and VEXMX slightly higher at -6.34%. Over the past 10 years, FSMAX has underperformed VEXMX with an annualized return of 5.35%, while VEXMX has yielded a comparatively higher 8.15% annualized return.
FSMAX
-6.35%
6.98%
-9.92%
4.85%
10.34%
5.35%
VEXMX
-6.34%
7.03%
-9.96%
4.73%
11.73%
8.15%
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FSMAX vs. VEXMX - Expense Ratio Comparison
FSMAX has a 0.04% expense ratio, which is lower than VEXMX's 0.19% 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%.
Risk-Adjusted Performance
FSMAX vs. VEXMX — Risk-Adjusted Performance Rank
FSMAX
VEXMX
FSMAX vs. VEXMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Extended Market Index Fund (FSMAX) and Vanguard Extended Market Index Fund (VEXMX). 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
FSMAX vs. VEXMX - Dividend Comparison
FSMAX's dividend yield for the trailing twelve months is around 0.52%, less than VEXMX's 1.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSMAX Fidelity Extended Market Index Fund | 0.52% | 0.48% | 1.17% | 1.38% | 0.99% | 0.93% | 1.41% | 1.69% | 1.30% | 1.38% | 2.99% | 5.43% |
VEXMX Vanguard Extended Market Index Fund | 1.12% | 0.97% | 1.15% | 1.00% | 0.99% | 0.97% | 1.18% | 1.52% | 1.12% | 1.31% | 1.20% | 1.17% |
Drawdowns
FSMAX vs. VEXMX - Drawdown Comparison
The maximum FSMAX drawdown since its inception was -41.67%, smaller than the maximum VEXMX drawdown of -58.17%. Use the drawdown chart below to compare losses from any high point for FSMAX and VEXMX. For additional features, visit the drawdowns tool.
Volatility
FSMAX vs. VEXMX - Volatility Comparison
Fidelity Extended Market Index Fund (FSMAX) and Vanguard Extended Market Index Fund (VEXMX) have volatilities of 7.79% and 7.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.