FSSNX vs. SWSSX
Compare and contrast key facts about Fidelity Small Cap Index Fund (FSSNX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX).
FSSNX is managed by Fidelity. It was launched on Sep 8, 2011. SWSSX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 2000 Index. It was launched on May 19, 1997.
Performance
FSSNX vs. SWSSX - Performance Comparison
Loading graphics...
FSSNX vs. SWSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSSNX Fidelity Small Cap Index Fund | 0.91% | 12.94% | 11.71% | 17.11% | -20.28% | 14.70% | 19.99% | 25.70% | -11.24% | 14.54% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 0.90% | 12.88% | 11.57% | 17.07% | -20.43% | 14.77% | 20.12% | 25.63% | -11.19% | 14.76% |
Returns By Period
The year-to-date returns for both stocks are quite close, with FSSNX having a 0.91% return and SWSSX slightly lower at 0.90%. Both investments have delivered pretty close results over the past 10 years, with FSSNX having a 9.90% annualized return and SWSSX not far behind at 9.87%.
FSSNX
- 1D
- 3.45%
- 1M
- -5.85%
- YTD
- 0.91%
- 6M
- 2.89%
- 1Y
- 25.83%
- 3Y*
- 13.19%
- 5Y*
- 3.57%
- 10Y*
- 9.90%
SWSSX
- 1D
- 3.48%
- 1M
- -5.84%
- YTD
- 0.90%
- 6M
- 2.87%
- 1Y
- 25.74%
- 3Y*
- 13.11%
- 5Y*
- 3.50%
- 10Y*
- 9.87%
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. SWSSX - Expense Ratio Comparison
FSSNX has a 0.03% expense ratio, which is lower than SWSSX'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. SWSSX — Risk / Return Rank
FSSNX
SWSSX
FSSNX vs. SWSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Index Fund (FSSNX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX). 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.
| FSSNX | SWSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 1.11 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.66 | 1.66 | 0.00 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.81 | +0.01 |
Martin ratioReturn relative to average drawdown | 6.80 | 6.78 | +0.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FSSNX | SWSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.11 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.16 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.41 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.34 | +0.15 |
Correlation
The correlation between FSSNX and SWSSX is 1.00, 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. SWSSX - Dividend Comparison
FSSNX's dividend yield for the trailing twelve months is around 1.07%, less than SWSSX's 1.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSSNX Fidelity Small Cap Index Fund | 1.07% | 1.08% | 1.04% | 1.43% | 1.26% | 3.92% | 0.94% | 2.96% | 4.94% | 3.37% | 2.27% | 2.66% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 1.28% | 1.29% | 1.66% | 1.49% | 1.32% | 8.88% | 2.55% | 6.12% | 10.45% | 5.22% | 4.10% | 6.92% |
Drawdowns
FSSNX vs. SWSSX - Drawdown Comparison
The maximum FSSNX drawdown since its inception was -41.72%, smaller than the maximum SWSSX drawdown of -60.34%. Use the drawdown chart below to compare losses from any high point for FSSNX and SWSSX.
Loading graphics...
Drawdown Indicators
| FSSNX | SWSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.72% | -60.34% | +18.62% |
Max Drawdown (1Y)Largest decline over 1 year | -13.89% | -13.90% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -31.87% | -31.93% | +0.06% |
Max Drawdown (10Y)Largest decline over 10 years | -41.72% | -41.81% | +0.09% |
Current DrawdownCurrent decline from peak | -7.94% | -7.91% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -8.37% | -10.78% | +2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.71% | 3.71% | 0.00% |
Volatility
FSSNX vs. SWSSX - Volatility Comparison
Fidelity Small Cap Index Fund (FSSNX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX) have volatilities of 7.52% and 7.53%, 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.
Loading graphics...
Volatility by Period
| FSSNX | SWSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.52% | 7.53% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 14.52% | 14.53% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.30% | 23.31% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.61% | 22.62% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.41% | 24.05% | -0.64% |