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FSPSX vs. FIENX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FSPSX vs. FIENX - Performance Comparison

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

-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
-2.77%
0
FSPSX
FIENX

Returns By Period


FSPSX

YTD

4.30%

1M

-4.85%

6M

-2.77%

1Y

10.84%

5Y (annualized)

5.76%

10Y (annualized)

5.08%

FIENX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


FSPSXFIENX

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FSPSX vs. FIENX - Expense Ratio Comparison

FSPSX has a 0.04% expense ratio, which is lower than FIENX's 0.55% expense ratio.


FIENX
Fidelity International Enhanced Index Fund
Expense ratio chart for FIENX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for FSPSX: 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%

Correlation

-0.50.00.51.00.9

The correlation between FSPSX and FIENX 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.

Risk-Adjusted Performance

FSPSX vs. FIENX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Index Fund (FSPSX) and Fidelity International Enhanced Index Fund (FIENX). 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 FSPSX, currently valued at 0.84, compared to the broader market-1.000.001.002.003.004.005.000.84
The chart of Sortino ratio for FSPSX, currently valued at 1.23, compared to the broader market0.005.0010.001.23
The chart of Omega ratio for FSPSX, currently valued at 1.15, compared to the broader market1.002.003.004.001.15
The chart of Calmar ratio for FSPSX, currently valued at 1.18, compared to the broader market0.005.0010.0015.0020.0025.001.18
The chart of Martin ratio for FSPSX, currently valued at 3.71, compared to the broader market0.0020.0040.0060.0080.00100.003.71
FSPSX
FIENX

Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.84
1.00
FSPSX
FIENX

Dividends

FSPSX vs. FIENX - Dividend Comparison

FSPSX's dividend yield for the trailing twelve months is around 3.05%, while FIENX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FSPSX
Fidelity International Index Fund
3.05%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%2.59%
FIENX
Fidelity International Enhanced Index Fund
0.00%7.66%2.41%2.72%1.64%3.00%2.37%1.64%2.44%1.03%3.00%2.63%

Drawdowns

FSPSX vs. FIENX - Drawdown Comparison


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.75%
-6.43%
FSPSX
FIENX

Volatility

FSPSX vs. FIENX - Volatility Comparison

Fidelity International Index Fund (FSPSX) has a higher volatility of 3.77% compared to Fidelity International Enhanced Index Fund (FIENX) at 0.00%. This indicates that FSPSX's price experiences larger fluctuations and is considered to be riskier than FIENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.77%
0
FSPSX
FIENX