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FSMDX vs. TRMCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSMDX and TRMCX is 0.92, 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.


-0.50.00.51.00.9

Performance

FSMDX vs. TRMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Mid Cap Index Fund (FSMDX) and T. Rowe Price Mid-Cap Value Fund (TRMCX). The values are adjusted to include any dividend payments, if applicable.

300.00%320.00%340.00%360.00%380.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
334.73%
302.91%
FSMDX
TRMCX

Key characteristics

Sharpe Ratio

FSMDX:

1.22

TRMCX:

0.18

Sortino Ratio

FSMDX:

1.71

TRMCX:

0.33

Omega Ratio

FSMDX:

1.21

TRMCX:

1.06

Calmar Ratio

FSMDX:

1.56

TRMCX:

0.19

Martin Ratio

FSMDX:

6.81

TRMCX:

1.08

Ulcer Index

FSMDX:

2.41%

TRMCX:

3.15%

Daily Std Dev

FSMDX:

13.46%

TRMCX:

18.39%

Max Drawdown

FSMDX:

-40.35%

TRMCX:

-55.28%

Current Drawdown

FSMDX:

-7.42%

TRMCX:

-18.23%

Returns By Period

In the year-to-date period, FSMDX achieves a 14.97% return, which is significantly higher than TRMCX's 1.67% return. Both investments have delivered pretty close results over the past 10 years, with FSMDX having a 8.74% annualized return and TRMCX not far behind at 8.55%.


FSMDX

YTD

14.97%

1M

-3.45%

6M

9.31%

1Y

15.28%

5Y*

9.08%

10Y*

8.74%

TRMCX

YTD

1.67%

1M

-14.78%

6M

-5.82%

1Y

2.19%

5Y*

9.86%

10Y*

8.55%

Compare stocks, funds, or ETFs

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


FSMDX vs. TRMCX - Expense Ratio Comparison

FSMDX has a 0.03% expense ratio, which is lower than TRMCX's 0.77% expense ratio.


TRMCX
T. Rowe Price Mid-Cap Value Fund
Expense ratio chart for TRMCX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%
Expense ratio chart for FSMDX: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

FSMDX vs. TRMCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Index Fund (FSMDX) and T. Rowe Price Mid-Cap Value Fund (TRMCX). 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 FSMDX, currently valued at 1.22, compared to the broader market-1.000.001.002.003.004.001.220.18
The chart of Sortino ratio for FSMDX, currently valued at 1.71, compared to the broader market-2.000.002.004.006.008.0010.001.710.33
The chart of Omega ratio for FSMDX, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.003.501.211.06
The chart of Calmar ratio for FSMDX, currently valued at 1.55, compared to the broader market0.005.0010.0015.001.560.19
The chart of Martin ratio for FSMDX, currently valued at 6.81, compared to the broader market0.0020.0040.0060.006.811.08
FSMDX
TRMCX

The current FSMDX Sharpe Ratio is 1.22, which is higher than the TRMCX Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of FSMDX and TRMCX, 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 Ratio0.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.22
0.18
FSMDX
TRMCX

Dividends

FSMDX vs. TRMCX - Dividend Comparison

FSMDX's dividend yield for the trailing twelve months is around 0.03%, while TRMCX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FSMDX
Fidelity Mid Cap Index Fund
0.03%1.39%1.59%1.10%1.37%1.42%1.85%1.32%1.35%2.29%3.82%2.74%
TRMCX
T. Rowe Price Mid-Cap Value Fund
0.00%1.14%0.89%1.01%1.01%1.47%1.23%1.09%0.93%1.36%1.08%0.73%

Drawdowns

FSMDX vs. TRMCX - Drawdown Comparison

The maximum FSMDX drawdown since its inception was -40.35%, smaller than the maximum TRMCX drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for FSMDX and TRMCX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.42%
-18.23%
FSMDX
TRMCX

Volatility

FSMDX vs. TRMCX - Volatility Comparison

The current volatility for Fidelity Mid Cap Index Fund (FSMDX) is 4.65%, while T. Rowe Price Mid-Cap Value Fund (TRMCX) has a volatility of 13.94%. This indicates that FSMDX experiences smaller price fluctuations and is considered to be less risky than TRMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
4.65%
13.94%
FSMDX
TRMCX
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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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