FSSNX vs. VTWO
Compare and contrast key facts about Fidelity Small Cap Index Fund (FSSNX) and Vanguard Russell 2000 ETF (VTWO).
FSSNX is managed by Fidelity. It was launched on Sep 8, 2011. VTWO is a passively managed fund by Vanguard that tracks the performance of the Russell 2000 Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSSNX or VTWO.
Key characteristics
| FSSNX | VTWO | |
|---|---|---|
| YTD Return | 14.09% | 14.08% |
| 1Y Return | 31.42% | 31.38% |
| 3Y Return (Ann) | 1.89% | 1.78% |
| 5Y Return (Ann) | 9.87% | 9.87% |
| 10Y Return (Ann) | 9.56% | 9.32% |
| Sharpe Ratio | 1.55 | 1.55 |
| Sortino Ratio | 2.24 | 2.24 |
| Omega Ratio | 1.27 | 1.27 |
| Calmar Ratio | 1.07 | 1.06 |
| Martin Ratio | 8.46 | 8.43 |
| Ulcer Index | 3.89% | 3.90% |
| Daily Std Dev | 21.24% | 21.21% |
| Max Drawdown | -41.72% | -41.19% |
| Current Drawdown | -1.91% | -2.16% |
Correlation
The correlation between FSSNX and VTWO is 0.99, 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. VTWO - Performance Comparison
The year-to-date returns for both stocks are quite close, with FSSNX having a 14.09% return and VTWO slightly lower at 14.08%. Both investments have delivered pretty close results over the past 10 years, with FSSNX having a 9.56% annualized return and VTWO not far behind at 9.32%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSSNX vs. VTWO - Expense Ratio Comparison
FSSNX has a 0.03% expense ratio, which is lower than VTWO's 0.10% 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. VTWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Index Fund (FSSNX) and Vanguard Russell 2000 ETF (VTWO). 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. VTWO - Dividend Comparison
FSSNX's dividend yield for the trailing twelve months is around 1.08%, less than VTWO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSSNX Fidelity Small Cap Index Fund | 1.08% | 1.43% | 1.26% | 3.92% | 0.94% | 2.96% | 5.39% | 3.67% | 2.27% | 4.53% | 4.80% | 2.82% |
VTWO Vanguard Russell 2000 ETF | 1.26% | 1.45% | 1.48% | 1.13% | 0.92% | 1.36% | 1.41% | 1.18% | 1.27% | 1.23% | 1.12% | 1.04% |
Drawdowns
FSSNX vs. VTWO - Drawdown Comparison
The maximum FSSNX drawdown since its inception was -41.72%, roughly equal to the maximum VTWO drawdown of -41.19%. Use the drawdown chart below to compare losses from any high point for FSSNX and VTWO. For additional features, visit the drawdowns tool.
Volatility
FSSNX vs. VTWO - Volatility Comparison
Fidelity Small Cap Index Fund (FSSNX) and Vanguard Russell 2000 ETF (VTWO) have volatilities of 4.66% and 4.54%, 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.