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

Correlation

The correlation between FSSZX and FSSNX is 0.81, 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

FSSZX vs. FSSNX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FSSZX:

0.02

FSSNX:

0.14

Sortino Ratio

FSSZX:

0.10

FSSNX:

0.28

Omega Ratio

FSSZX:

1.01

FSSNX:

1.04

Calmar Ratio

FSSZX:

-0.04

FSSNX:

0.07

Martin Ratio

FSSZX:

-0.12

FSSNX:

0.18

Ulcer Index

FSSZX:

9.83%

FSSNX:

9.79%

Daily Std Dev

FSSZX:

23.84%

FSSNX:

24.70%

Max Drawdown

FSSZX:

-38.43%

FSSNX:

-41.72%

Current Drawdown

FSSZX:

-14.62%

FSSNX:

-14.37%

Returns By Period

In the year-to-date period, FSSZX achieves a -5.85% return, which is significantly higher than FSSNX's -6.43% return.


FSSZX

YTD

-5.85%

1M

4.39%

6M

-13.80%

1Y

0.48%

3Y*

7.83%

5Y*

12.73%

10Y*

N/A

FSSNX

YTD

-6.43%

1M

5.11%

6M

-13.80%

1Y

3.48%

3Y*

4.88%

5Y*

9.82%

10Y*

6.79%

*Annualized

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FSSZX vs. FSSNX - Expense Ratio Comparison

FSSZX has a 0.79% expense ratio, which is higher than FSSNX's 0.03% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FSSZX vs. FSSNX — Risk-Adjusted Performance Rank

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

FSSZX
The Risk-Adjusted Performance Rank of FSSZX is 1010
Overall Rank
The Sharpe Ratio Rank of FSSZX is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of FSSZX is 1010
Sortino Ratio Rank
The Omega Ratio Rank of FSSZX is 1010
Omega Ratio Rank
The Calmar Ratio Rank of FSSZX is 99
Calmar Ratio Rank
The Martin Ratio Rank of FSSZX is 99
Martin Ratio Rank

FSSNX
The Risk-Adjusted Performance Rank of FSSNX is 1515
Overall Rank
The Sharpe Ratio Rank of FSSNX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of FSSNX is 1616
Sortino Ratio Rank
The Omega Ratio Rank of FSSNX is 1515
Omega Ratio Rank
The Calmar Ratio Rank of FSSNX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of FSSNX is 1313
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.

FSSZX vs. FSSNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Fidelity Small Cap Index Fund (FSSNX). 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 FSSZX Sharpe Ratio is 0.02, which is lower than the FSSNX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of FSSZX and FSSNX, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FSSZX vs. FSSNX - Dividend Comparison

FSSZX's dividend yield for the trailing twelve months is around 3.11%, more than FSSNX's 1.10% yield.


TTM20242023202220212020201920182017201620152014
FSSZX
Fidelity Advisor Stock Selector Small Cap Fund Class Z
3.11%2.93%0.35%0.15%10.95%1.40%2.29%22.58%10.60%0.00%0.00%0.00%
FSSNX
Fidelity Small Cap Index Fund
1.10%1.03%1.43%1.26%3.92%0.94%2.96%5.39%3.67%2.27%4.08%3.57%

Drawdowns

FSSZX vs. FSSNX - Drawdown Comparison

The maximum FSSZX drawdown since its inception was -38.43%, smaller than the maximum FSSNX drawdown of -41.72%. Use the drawdown chart below to compare losses from any high point for FSSZX and FSSNX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FSSZX vs. FSSNX - Volatility Comparison

Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Fidelity Small Cap Index Fund (FSSNX) have volatilities of 6.24% and 6.39%, 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.


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