FSPSX vs. IEFA
Compare and contrast key facts about Fidelity International Index Fund (FSPSX) and iShares Core MSCI EAFE ETF (IEFA).
FSPSX is managed by Fidelity. It was launched on Nov 5, 1997. IEFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Investable Market Index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSPSX or IEFA.
Correlation
The correlation between FSPSX and IEFA is 0.75, 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
FSPSX vs. IEFA - Performance Comparison
Key characteristics
FSPSX:
0.76
IEFA:
0.70
FSPSX:
1.13
IEFA:
1.10
FSPSX:
1.15
IEFA:
1.15
FSPSX:
0.93
IEFA:
0.90
FSPSX:
2.70
IEFA:
2.62
FSPSX:
4.69%
IEFA:
4.70%
FSPSX:
16.75%
IEFA:
17.63%
FSPSX:
-33.69%
IEFA:
-34.79%
FSPSX:
-1.14%
IEFA:
-1.12%
Returns By Period
The year-to-date returns for both stocks are quite close, with FSPSX having a 10.85% return and IEFA slightly lower at 10.66%. Both investments have delivered pretty close results over the past 10 years, with FSPSX having a 5.31% annualized return and IEFA not far ahead at 5.37%.
FSPSX
10.85%
-0.15%
6.01%
11.43%
12.11%
5.31%
IEFA
10.66%
-0.26%
5.81%
11.40%
11.80%
5.37%
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FSPSX vs. IEFA - Expense Ratio Comparison
FSPSX has a 0.04% expense ratio, which is lower than IEFA's 0.07% 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
FSPSX vs. IEFA — Risk-Adjusted Performance Rank
FSPSX
IEFA
FSPSX vs. IEFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Index Fund (FSPSX) and iShares Core MSCI EAFE ETF (IEFA). 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
FSPSX vs. IEFA - Dividend Comparison
FSPSX's dividend yield for the trailing twelve months is around 2.61%, less than IEFA's 3.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSPSX Fidelity International Index Fund | 2.61% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% | 3.53% |
IEFA iShares Core MSCI EAFE ETF | 3.14% | 3.47% | 3.20% | 2.70% | 3.32% | 1.90% | 3.18% | 3.46% | 2.57% | 2.96% | 2.63% | 3.10% |
Drawdowns
FSPSX vs. IEFA - Drawdown Comparison
The maximum FSPSX drawdown since its inception was -33.69%, roughly equal to the maximum IEFA drawdown of -34.79%. Use the drawdown chart below to compare losses from any high point for FSPSX and IEFA. For additional features, visit the drawdowns tool.
Volatility
FSPSX vs. IEFA - Volatility Comparison
The current volatility for Fidelity International Index Fund (FSPSX) is 10.97%, while iShares Core MSCI EAFE ETF (IEFA) has a volatility of 11.92%. This indicates that FSPSX experiences smaller price fluctuations and is considered to be less risky than IEFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.