FSSNX vs. FECGX
Compare and contrast key facts about Fidelity Small Cap Index Fund (FSSNX) and Fidelity Small Cap Growth Index Fund (FECGX).
FSSNX is managed by Fidelity. It was launched on Sep 8, 2011. FECGX is managed by Fidelity. It was launched on Jul 11, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSSNX or FECGX.
Performance
FSSNX vs. FECGX - Performance Comparison
Returns By Period
In the year-to-date period, FSSNX achieves a 15.09% return, which is significantly lower than FECGX's 17.22% return.
FSSNX
15.09%
0.88%
10.76%
31.85%
9.17%
8.78%
FECGX
17.22%
1.14%
11.36%
32.59%
8.34%
N/A
Key characteristics
| FSSNX | FECGX | |
|---|---|---|
| Sharpe Ratio | 1.42 | 1.51 |
| Sortino Ratio | 2.09 | 2.17 |
| Omega Ratio | 1.25 | 1.26 |
| Calmar Ratio | 1.20 | 0.99 |
| Martin Ratio | 7.96 | 8.01 |
| Ulcer Index | 3.75% | 4.05% |
| Daily Std Dev | 21.01% | 21.43% |
| Max Drawdown | -41.72% | -41.85% |
| Current Drawdown | -5.36% | -9.92% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSSNX vs. FECGX - Expense Ratio Comparison
FSSNX has a 0.03% expense ratio, which is lower than FECGX's 0.05% 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%.
Correlation
The correlation between FSSNX and FECGX is 0.97, 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
FSSNX vs. FECGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Index Fund (FSSNX) and Fidelity Small Cap Growth Index Fund (FECGX). 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
FSSNX vs. FECGX - Dividend Comparison
FSSNX's dividend yield for the trailing twelve months is around 1.07%, which matches FECGX's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSSNX Fidelity Small Cap Index Fund | 1.07% | 1.43% | 1.26% | 1.26% | 0.94% | 1.32% | 1.33% | 1.15% | 1.24% | 2.80% | 4.80% | 2.82% |
FECGX Fidelity Small Cap Growth Index Fund | 1.08% | 0.81% | 0.80% | 0.57% | 0.38% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSSNX vs. FECGX - Drawdown Comparison
The maximum FSSNX drawdown since its inception was -41.72%, roughly equal to the maximum FECGX drawdown of -41.85%. Use the drawdown chart below to compare losses from any high point for FSSNX and FECGX. For additional features, visit the drawdowns tool.
Volatility
FSSNX vs. FECGX - Volatility Comparison
Fidelity Small Cap Index Fund (FSSNX) and Fidelity Small Cap Growth Index Fund (FECGX) have volatilities of 7.67% and 7.55%, 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.