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FSSNX vs. FISVX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSSNX and FISVX is 0.76, 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

FSSNX vs. FISVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Small Cap Index Fund (FSSNX) and Fidelity Small Cap Value Index Fund (FISVX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSSNX:

-0.01

FISVX:

-0.11

Sortino Ratio

FSSNX:

0.11

FISVX:

-0.04

Omega Ratio

FSSNX:

1.01

FISVX:

0.99

Calmar Ratio

FSSNX:

-0.04

FISVX:

-0.13

Martin Ratio

FSSNX:

-0.12

FISVX:

-0.36

Ulcer Index

FSSNX:

9.65%

FISVX:

9.70%

Daily Std Dev

FSSNX:

24.67%

FISVX:

23.88%

Max Drawdown

FSSNX:

-44.52%

FISVX:

-44.66%

Current Drawdown

FSSNX:

-15.59%

FISVX:

-16.75%

Returns By Period

In the year-to-date period, FSSNX achieves a -7.77% return, which is significantly higher than FISVX's -8.67% return.


FSSNX

YTD

-7.77%

1M

8.36%

6M

-12.79%

1Y

-0.25%

3Y*

6.20%

5Y*

9.54%

10Y*

5.24%

FISVX

YTD

-8.67%

1M

5.74%

6M

-13.96%

1Y

-2.59%

3Y*

2.72%

5Y*

10.65%

10Y*

N/A

*Annualized

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Fidelity Small Cap Index Fund

FSSNX vs. FISVX - Expense Ratio Comparison

FSSNX has a 0.03% expense ratio, which is lower than FISVX'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%.


Risk-Adjusted Performance

FSSNX vs. FISVX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSSNX
The Risk-Adjusted Performance Rank of FSSNX is 2121
Overall Rank
The Sharpe Ratio Rank of FSSNX is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of FSSNX is 2222
Sortino Ratio Rank
The Omega Ratio Rank of FSSNX is 2222
Omega Ratio Rank
The Calmar Ratio Rank of FSSNX is 1919
Calmar Ratio Rank
The Martin Ratio Rank of FSSNX is 1919
Martin Ratio Rank

FISVX
The Risk-Adjusted Performance Rank of FISVX is 1515
Overall Rank
The Sharpe Ratio Rank of FISVX is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of FISVX is 1616
Sortino Ratio Rank
The Omega Ratio Rank of FISVX is 1616
Omega Ratio Rank
The Calmar Ratio Rank of FISVX is 1212
Calmar Ratio Rank
The Martin Ratio Rank of FISVX is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSSNX vs. FISVX - 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 Value Index Fund (FISVX). 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.


The current FSSNX Sharpe Ratio is -0.01, which is higher than the FISVX Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of FSSNX and FISVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FSSNX vs. FISVX - Dividend Comparison

FSSNX's dividend yield for the trailing twelve months is around 1.11%, less than FISVX's 1.86% yield.


TTM20242023202220212020201920182017201620152014
FSSNX
Fidelity Small Cap Index Fund
1.11%1.03%1.43%1.26%1.26%0.94%1.32%1.33%1.15%1.24%2.80%4.80%
FISVX
Fidelity Small Cap Value Index Fund
1.86%1.70%2.06%1.94%1.58%1.33%0.55%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FSSNX vs. FISVX - Drawdown Comparison

The maximum FSSNX drawdown since its inception was -44.52%, roughly equal to the maximum FISVX drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for FSSNX and FISVX. For additional features, visit the drawdowns tool.


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Volatility

FSSNX vs. FISVX - Volatility Comparison

Fidelity Small Cap Index Fund (FSSNX) has a higher volatility of 6.17% compared to Fidelity Small Cap Value Index Fund (FISVX) at 5.80%. This indicates that FSSNX's price experiences larger fluctuations and is considered to be riskier than FISVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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