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FSSNX vs. WEMMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSSNX vs. WEMMX - Performance Comparison

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

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FSSNX vs. WEMMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
WEMMX
TETON Westwood Mighty Mites Fund
6.78%11.02%3.83%13.53%-15.37%21.44%10.02%16.94%-13.69%15.47%

Returns By Period

In the year-to-date period, FSSNX achieves a 0.91% return, which is significantly lower than WEMMX's 6.78% return. Over the past 10 years, FSSNX has outperformed WEMMX with an annualized return of 9.90%, while WEMMX has yielded a comparatively lower 8.38% annualized return.


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%

WEMMX

1D
1.94%
1M
-6.15%
YTD
6.78%
6M
7.13%
1Y
26.70%
3Y*
10.47%
5Y*
4.38%
10Y*
8.38%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSSNX vs. WEMMX - Expense Ratio Comparison

FSSNX has a 0.03% expense ratio, which is lower than WEMMX's 1.41% expense ratio.


Return for Risk

FSSNX vs. WEMMX — Risk / Return Rank

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

FSSNX
FSSNX Risk / Return Rank: 6464
Overall Rank
FSSNX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
FSSNX Sortino Ratio Rank: 6464
Sortino Ratio Rank
FSSNX Omega Ratio Rank: 5050
Omega Ratio Rank
FSSNX Calmar Ratio Rank: 7676
Calmar Ratio Rank
FSSNX Martin Ratio Rank: 7171
Martin Ratio Rank

WEMMX
WEMMX Risk / Return Rank: 7070
Overall Rank
WEMMX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
WEMMX Sortino Ratio Rank: 7272
Sortino Ratio Rank
WEMMX Omega Ratio Rank: 5757
Omega Ratio Rank
WEMMX Calmar Ratio Rank: 8484
Calmar Ratio Rank
WEMMX Martin Ratio Rank: 6666
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. WEMMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Index Fund (FSSNX) and TETON Westwood Mighty Mites Fund (WEMMX). 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.


FSSNXWEMMXDifference

Sharpe ratio

Return per unit of total volatility

1.12

1.35

-0.24

Sortino ratio

Return per unit of downside risk

1.66

1.98

-0.32

Omega ratio

Gain probability vs. loss probability

1.21

1.25

-0.03

Calmar ratio

Return relative to maximum drawdown

1.82

2.32

-0.51

Martin ratio

Return relative to average drawdown

6.80

7.31

-0.51

FSSNX vs. WEMMX - Sharpe Ratio Comparison

The current FSSNX Sharpe Ratio is 1.12, which is comparable to the WEMMX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of FSSNX and WEMMX, 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


FSSNXWEMMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.12

1.35

-0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.16

0.23

-0.07

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

0.61

-0.12

Correlation

The correlation between FSSNX and WEMMX is 0.94, 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. WEMMX - Dividend Comparison

FSSNX's dividend yield for the trailing twelve months is around 1.07%, less than WEMMX's 21.35% yield.


TTM20252024202320222021202020192018201720162015
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%
WEMMX
TETON Westwood Mighty Mites Fund
21.35%22.80%26.79%18.86%13.60%15.44%9.23%4.11%4.16%6.44%4.61%2.35%

Drawdowns

FSSNX vs. WEMMX - Drawdown Comparison

The maximum FSSNX drawdown since its inception was -41.72%, roughly equal to the maximum WEMMX drawdown of -42.48%. Use the drawdown chart below to compare losses from any high point for FSSNX and WEMMX.


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Drawdown Indicators


FSSNXWEMMXDifference

Max Drawdown

Largest peak-to-trough decline

-41.72%

-42.48%

+0.76%

Max Drawdown (1Y)

Largest decline over 1 year

-13.89%

-11.39%

-2.50%

Max Drawdown (5Y)

Largest decline over 5 years

-31.87%

-27.11%

-4.76%

Max Drawdown (10Y)

Largest decline over 10 years

-41.72%

-41.73%

+0.01%

Current Drawdown

Current decline from peak

-7.94%

-6.26%

-1.68%

Average Drawdown

Average peak-to-trough decline

-8.37%

-6.65%

-1.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.71%

3.62%

+0.09%

Volatility

FSSNX vs. WEMMX - Volatility Comparison

Fidelity Small Cap Index Fund (FSSNX) has a higher volatility of 7.52% compared to TETON Westwood Mighty Mites Fund (WEMMX) at 6.16%. This indicates that FSSNX's price experiences larger fluctuations and is considered to be riskier than WEMMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSSNXWEMMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.52%

6.16%

+1.36%

Volatility (6M)

Calculated over the trailing 6-month period

14.52%

12.38%

+2.14%

Volatility (1Y)

Calculated over the trailing 1-year period

23.30%

20.04%

+3.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.61%

18.89%

+3.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.41%

20.36%

+3.05%