FSSMX vs. FXAIX
Compare and contrast key facts about Fidelity Stock Selector Mid Cap Fund (FSSMX) and Fidelity 500 Index Fund (FXAIX).
FSSMX is managed by Fidelity. It was launched on Feb 20, 1996. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSSMX or FXAIX.
Correlation
The correlation between FSSMX and FXAIX 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
FSSMX vs. FXAIX - Performance Comparison
Key characteristics
FSSMX:
0.02
FXAIX:
0.36
FSSMX:
0.18
FXAIX:
0.63
FSSMX:
1.02
FXAIX:
1.09
FSSMX:
0.02
FXAIX:
0.37
FSSMX:
0.06
FXAIX:
1.58
FSSMX:
6.37%
FXAIX:
4.39%
FSSMX:
21.95%
FXAIX:
19.42%
FSSMX:
-43.37%
FXAIX:
-33.79%
FSSMX:
-17.22%
FXAIX:
-13.77%
Returns By Period
The year-to-date returns for both investments are quite close, with FSSMX having a -10.06% return and FXAIX slightly higher at -9.77%. Over the past 10 years, FSSMX has underperformed FXAIX with an annualized return of 7.56%, while FXAIX has yielded a comparatively higher 11.40% annualized return.
FSSMX
-10.06%
-6.61%
-10.13%
-0.78%
14.56%
7.56%
FXAIX
-9.77%
-6.65%
-9.06%
6.93%
15.39%
11.40%
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FSSMX vs. FXAIX - Expense Ratio Comparison
FSSMX has a 0.79% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FSSMX vs. FXAIX — Risk-Adjusted Performance Rank
FSSMX
FXAIX
FSSMX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Stock Selector Mid Cap Fund (FSSMX) and Fidelity 500 Index Fund (FXAIX). 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
FSSMX vs. FXAIX - Dividend Comparison
FSSMX's dividend yield for the trailing twelve months is around 3.45%, more than FXAIX's 1.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSSMX Fidelity Stock Selector Mid Cap Fund | 3.45% | 3.10% | 0.78% | 9.73% | 12.87% | 2.31% | 4.03% | 21.01% | 4.62% | 0.92% | 2.06% | 0.30% |
FXAIX Fidelity 500 Index Fund | 1.41% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FSSMX vs. FXAIX - Drawdown Comparison
The maximum FSSMX drawdown since its inception was -43.37%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FSSMX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FSSMX vs. FXAIX - Volatility Comparison
Fidelity Stock Selector Mid Cap Fund (FSSMX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 14.83% and 14.21%, 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.