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FSSNX vs. FSPGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSSNX vs. FSPGX - Performance Comparison

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

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FSSNX vs. FSPGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSSNX
Fidelity Small Cap Index Fund
-2.46%12.94%11.71%17.11%-20.28%14.70%19.99%25.70%-11.24%13.80%
FSPGX
Fidelity Large Cap Growth Index Fund
-13.03%18.54%33.27%42.77%-29.17%27.57%38.46%36.38%-1.79%27.70%

Returns By Period

In the year-to-date period, FSSNX achieves a -2.46% return, which is significantly higher than FSPGX's -13.03% return.


FSSNX

1D
-1.44%
1M
-8.16%
YTD
-2.46%
6M
-0.28%
1Y
21.68%
3Y*
11.92%
5Y*
3.17%
10Y*
9.53%

FSPGX

1D
-0.45%
1M
-8.63%
YTD
-13.03%
6M
-12.06%
1Y
14.49%
3Y*
19.68%
5Y*
11.91%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSSNX vs. FSPGX - Expense Ratio Comparison

FSSNX has a 0.03% expense ratio, which is lower than FSPGX's 0.04% 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%.


Return for Risk

FSSNX vs. FSPGX — Risk / Return Rank

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

FSSNX
FSSNX Risk / Return Rank: 5050
Overall Rank
FSSNX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
FSSNX Sortino Ratio Rank: 5252
Sortino Ratio Rank
FSSNX Omega Ratio Rank: 4242
Omega Ratio Rank
FSSNX Calmar Ratio Rank: 5858
Calmar Ratio Rank
FSSNX Martin Ratio Rank: 5353
Martin Ratio Rank

FSPGX
FSPGX Risk / Return Rank: 2828
Overall Rank
FSPGX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
FSPGX Sortino Ratio Rank: 3333
Sortino Ratio Rank
FSPGX Omega Ratio Rank: 3232
Omega Ratio Rank
FSPGX Calmar Ratio Rank: 2525
Calmar Ratio Rank
FSPGX Martin Ratio Rank: 2323
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSSNX vs. FSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Index Fund (FSSNX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.


FSSNXFSPGXDifference

Sharpe ratio

Return per unit of total volatility

0.92

0.66

+0.26

Sortino ratio

Return per unit of downside risk

1.41

1.10

+0.30

Omega ratio

Gain probability vs. loss probability

1.18

1.15

+0.02

Calmar ratio

Return relative to maximum drawdown

1.34

0.72

+0.62

Martin ratio

Return relative to average drawdown

5.05

2.51

+2.53

FSSNX vs. FSPGX - Sharpe Ratio Comparison

The current FSSNX Sharpe Ratio is 0.92, which is higher than the FSPGX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of FSSNX and FSPGX, 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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Sharpe Ratios by Period


FSSNXFSPGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.92

0.66

+0.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.14

0.56

-0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.78

-0.30

Correlation

The correlation between FSSNX and FSPGX is 0.71, 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.


Dividends

FSSNX vs. FSPGX - Dividend Comparison

FSSNX's dividend yield for the trailing twelve months is around 1.11%, more than FSPGX's 0.40% yield.


TTM20252024202320222021202020192018201720162015
FSSNX
Fidelity Small Cap Index Fund
1.11%1.08%1.04%1.43%1.26%3.92%0.94%2.96%4.94%3.37%2.27%2.66%
FSPGX
Fidelity Large Cap Growth Index Fund
0.40%0.34%0.37%0.73%0.86%2.22%1.76%1.04%1.32%0.22%0.00%0.00%

Drawdowns

FSSNX vs. FSPGX - Drawdown Comparison

The maximum FSSNX drawdown since its inception was -41.72%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FSSNX and FSPGX.


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Drawdown Indicators


FSSNXFSPGXDifference

Max Drawdown

Largest peak-to-trough decline

-41.72%

-32.66%

-9.06%

Max Drawdown (1Y)

Largest decline over 1 year

-13.89%

-16.17%

+2.28%

Max Drawdown (5Y)

Largest decline over 5 years

-31.87%

-32.66%

+0.79%

Max Drawdown (10Y)

Largest decline over 10 years

-41.72%

Current Drawdown

Current decline from peak

-11.00%

-16.17%

+5.17%

Average Drawdown

Average peak-to-trough decline

-8.37%

-6.43%

-1.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.68%

4.63%

-0.95%

Volatility

FSSNX vs. FSPGX - Volatility Comparison

Fidelity Small Cap Index Fund (FSSNX) has a higher volatility of 6.60% compared to Fidelity Large Cap Growth Index Fund (FSPGX) at 5.33%. This indicates that FSSNX's price experiences larger fluctuations and is considered to be riskier than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSSNXFSPGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.60%

5.33%

+1.27%

Volatility (6M)

Calculated over the trailing 6-month period

14.12%

11.79%

+2.33%

Volatility (1Y)

Calculated over the trailing 1-year period

23.11%

22.32%

+0.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.56%

21.46%

+1.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.38%

21.63%

+1.75%