FSSMX vs. XMHQ
Compare and contrast key facts about Fidelity Stock Selector Mid Cap Fund (FSSMX) and Invesco S&P MidCap Quality ETF (XMHQ).
FSSMX is managed by Fidelity. It was launched on Feb 20, 1996. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSSMX or XMHQ.
Correlation
The correlation between FSSMX and XMHQ is 0.85, 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. XMHQ - Performance Comparison
Key characteristics
FSSMX:
0.02
XMHQ:
-0.42
FSSMX:
0.18
XMHQ:
-0.48
FSSMX:
1.02
XMHQ:
0.94
FSSMX:
0.02
XMHQ:
-0.39
FSSMX:
0.06
XMHQ:
-1.15
FSSMX:
6.37%
XMHQ:
8.26%
FSSMX:
21.95%
XMHQ:
22.58%
FSSMX:
-43.37%
XMHQ:
-58.19%
FSSMX:
-17.22%
XMHQ:
-19.03%
Returns By Period
The year-to-date returns for both stocks are quite close, with FSSMX having a -10.06% return and XMHQ slightly lower at -10.26%. Over the past 10 years, FSSMX has underperformed XMHQ with an annualized return of 7.56%, while XMHQ has yielded a comparatively higher 9.82% annualized return.
FSSMX
-10.06%
-6.61%
-10.13%
-0.78%
14.56%
7.56%
XMHQ
-10.26%
-4.27%
-13.29%
-10.37%
17.08%
9.82%
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FSSMX vs. XMHQ - Expense Ratio Comparison
FSSMX has a 0.79% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Risk-Adjusted Performance
FSSMX vs. XMHQ — Risk-Adjusted Performance Rank
FSSMX
XMHQ
FSSMX vs. XMHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Stock Selector Mid Cap Fund (FSSMX) and Invesco S&P MidCap Quality ETF (XMHQ). 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. XMHQ - Dividend Comparison
FSSMX's dividend yield for the trailing twelve months is around 3.45%, less than XMHQ's 5.79% 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% |
XMHQ Invesco S&P MidCap Quality ETF | 5.79% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% |
Drawdowns
FSSMX vs. XMHQ - Drawdown Comparison
The maximum FSSMX drawdown since its inception was -43.37%, smaller than the maximum XMHQ drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for FSSMX and XMHQ. For additional features, visit the drawdowns tool.
Volatility
FSSMX vs. XMHQ - Volatility Comparison
Fidelity Stock Selector Mid Cap Fund (FSSMX) has a higher volatility of 14.83% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 13.60%. This indicates that FSSMX's price experiences larger fluctuations and is considered to be riskier than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.