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 0.84, 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:
0.54
XMHQ:
0.19
FSSMX:
0.85
XMHQ:
0.40
FSSMX:
1.10
XMHQ:
1.05
FSSMX:
0.47
XMHQ:
0.30
FSSMX:
2.07
XMHQ:
0.66
FSSMX:
4.19%
XMHQ:
5.39%
FSSMX:
16.09%
XMHQ:
18.26%
FSSMX:
-50.54%
XMHQ:
-58.19%
FSSMX:
-10.13%
XMHQ:
-11.77%
Returns By Period
In the year-to-date period, FSSMX achieves a 0.98% return, which is significantly higher than XMHQ's -2.21% return. Over the past 10 years, FSSMX has underperformed XMHQ with an annualized return of 3.42%, while XMHQ has yielded a comparatively higher 10.80% annualized return.
FSSMX
0.98%
-4.47%
0.20%
7.80%
4.38%
3.42%
XMHQ
-2.21%
-7.31%
-5.13%
0.38%
14.27%
10.80%
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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 0.56%, less than XMHQ's 5.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSSMX Fidelity Stock Selector Mid Cap Fund | 0.56% | 0.57% | 0.78% | 0.77% | 0.72% | 1.02% | 0.65% | 1.06% | 0.49% | 0.73% | 0.58% | 0.30% |
XMHQ Invesco S&P MidCap Quality ETF | 5.32% | 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 -50.54%, 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
The current volatility for Fidelity Stock Selector Mid Cap Fund (FSSMX) is 4.43%, while Invesco S&P MidCap Quality ETF (XMHQ) has a volatility of 4.98%. This indicates that FSSMX experiences smaller price fluctuations and is considered to be less risky than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.