FSOPX vs. FSMD
Compare and contrast key facts about Fidelity Series Small Cap Opportunities Fund (FSOPX) and Fidelity Small-Mid Multifactor ETF (FSMD).
FSOPX is managed by Fidelity. It was launched on Mar 22, 2007. FSMD is a passively managed fund by Fidelity that tracks the performance of the Fidelity Small-Mid Multifactor Index. It was launched on Feb 26, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSOPX or FSMD.
Correlation
The correlation between FSOPX and FSMD is 0.95, 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
FSOPX vs. FSMD - Performance Comparison
Key characteristics
FSOPX:
0.68
FSMD:
1.26
FSOPX:
1.06
FSMD:
1.85
FSOPX:
1.13
FSMD:
1.23
FSOPX:
0.47
FSMD:
2.24
FSOPX:
2.91
FSMD:
6.23
FSOPX:
4.50%
FSMD:
3.24%
FSOPX:
19.23%
FSMD:
15.99%
FSOPX:
-61.43%
FSMD:
-40.67%
FSOPX:
-17.22%
FSMD:
-5.72%
Returns By Period
In the year-to-date period, FSOPX achieves a 2.60% return, which is significantly higher than FSMD's 2.38% return.
FSOPX
2.60%
-2.60%
-4.40%
13.76%
2.21%
3.24%
FSMD
2.38%
-2.36%
5.78%
20.93%
10.58%
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.
FSOPX vs. FSMD - Expense Ratio Comparison
FSOPX has a 0.00% expense ratio, which is lower than FSMD's 0.29% expense ratio.
Risk-Adjusted Performance
FSOPX vs. FSMD — Risk-Adjusted Performance Rank
FSOPX
FSMD
FSOPX vs. FSMD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Small Cap Opportunities Fund (FSOPX) and Fidelity Small-Mid Multifactor ETF (FSMD). 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
FSOPX vs. FSMD - Dividend Comparison
FSOPX's dividend yield for the trailing twelve months is around 2.15%, more than FSMD's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSOPX Fidelity Series Small Cap Opportunities Fund | 2.15% | 2.20% | 0.98% | 1.17% | 0.82% | 0.85% | 1.16% | 1.23% | 0.83% | 0.47% | 6.15% | 5.74% |
FSMD Fidelity Small-Mid Multifactor ETF | 1.26% | 1.29% | 1.37% | 1.54% | 1.18% | 1.32% | 1.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSOPX vs. FSMD - Drawdown Comparison
The maximum FSOPX drawdown since its inception was -61.43%, which is greater than FSMD's maximum drawdown of -40.67%. Use the drawdown chart below to compare losses from any high point for FSOPX and FSMD. For additional features, visit the drawdowns tool.
Volatility
FSOPX vs. FSMD - Volatility Comparison
Fidelity Series Small Cap Opportunities Fund (FSOPX) has a higher volatility of 5.89% compared to Fidelity Small-Mid Multifactor ETF (FSMD) at 5.37%. This indicates that FSOPX's price experiences larger fluctuations and is considered to be riskier than FSMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.