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.
FSSZX vs. FSSNX
Compare and contrast key facts about Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Fidelity Small Cap Index Fund (FSSNX).
FSSZX is managed by Fidelity. It was launched on Feb 1, 2017. FSSNX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSSZX or FSSNX.
Performance
FSSZX vs. FSSNX - Performance Comparison
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Key characteristics
FSSZX:
0.02
FSSNX:
0.14
FSSZX:
0.10
FSSNX:
0.28
FSSZX:
1.01
FSSNX:
1.04
FSSZX:
-0.04
FSSNX:
0.07
FSSZX:
-0.12
FSSNX:
0.18
FSSZX:
9.83%
FSSNX:
9.79%
FSSZX:
23.84%
FSSNX:
24.70%
FSSZX:
-38.43%
FSSNX:
-41.72%
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
-5.85%
4.39%
-13.80%
0.48%
7.83%
12.73%
N/A
FSSNX
-6.43%
5.11%
-13.80%
3.48%
4.88%
9.82%
6.79%
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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.
Risk-Adjusted Performance
FSSZX vs. FSSNX — Risk-Adjusted Performance Rank
FSSZX
FSSNX
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.
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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.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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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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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