FUSIX vs. FNILX

Last updated Apr 2, 2026

Compare and contrast key facts about Strategic Advisers Fidelity International Fund (FUSIX) and Fidelity ZERO Large Cap Index Fund (FNILX).

FUSIX is managed by Fidelity. It was launched on Mar 8, 2007. FNILX is managed by Fidelity.

Performance

FUSIX vs. FNILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategic Advisers Fidelity International Fund (FUSIX) and Fidelity ZERO Large Cap Index Fund (FNILX). The values are adjusted to include any dividend payments, if applicable.

FUSIX vs. FNILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FUSIX Strategic Advisers Fidelity International Fund	0.80%	31.20%	5.62%	18.15%	-17.74%	12.47%	13.24%	25.60%	-13.27%
FNILX Fidelity ZERO Large Cap Index Fund	-4.59%	17.81%	25.47%	27.45%	-19.37%	26.67%	21.13%	31.79%	-13.60%

Returns By Period

In the year-to-date period, FUSIX achieves a 0.80% return, which is significantly higher than FNILX's -4.59% return.

FUSIX

• 1D: 2.92%
• 1M: -6.36%
• YTD: 0.80%
• 6M: 4.57%
• 1Y: 22.50%
• 3Y*: 15.01%
• 5Y*: 7.84%
• 10Y*: 9.12%

FNILX

• 1D: 2.92%
• 1M: -4.98%
• YTD: -4.59%
• 6M: -2.55%
• 1Y: 17.28%
• 3Y*: 18.57%
• 5Y*: 11.53%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FUSIX vs. FNILX - Expense Ratio Comparison

FUSIX has a 0.54% expense ratio, which is higher than FNILX's 0.00% expense ratio.

FUSIX

Strategic Advisers Fidelity International Fund

FNILX

Fidelity ZERO Large Cap Index Fund

Return for Risk

FUSIX vs. FNILX — Risk / Return Rank

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

FUSIX

FUSIX Risk / Return Rank: 80
FUSIX Sharpe Ratio Rank: 80
FUSIX Sortino Ratio Rank: 81
FUSIX Omega Ratio Rank: 78
FUSIX Calmar Ratio Rank: 78
FUSIX Martin Ratio Rank: 82

FNILX

FNILX Risk / Return Rank: 59
FNILX Sharpe Ratio Rank: 47
FNILX Sortino Ratio Rank: 53
FNILX Omega Ratio Rank: 55
FNILX Calmar Ratio Rank: 64
FNILX Martin Ratio Rank: 75

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.

FUSIX vs. FNILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Fidelity International Fund (FUSIX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.

	FUSIX	FNILX	Difference
Sharpe ratio Return per unit of total volatility	1.50	0.97	+0.53
Sortino ratio Return per unit of downside risk	2.13	1.48	+0.65
Omega ratio Gain probability vs. loss probability	1.31	1.23	+0.09
Calmar ratio Return relative to maximum drawdown	1.91	1.51	+0.40
Martin ratio Return relative to average drawdown	8.51	7.14	+1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FUSIX vs. FNILX - Sharpe Ratio Comparison

The current FUSIX Sharpe Ratio is 1.50, which is higher than the FNILX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of FUSIX and FNILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FUSIX	FNILX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	0.97	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.67	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.66	-0.41

Correlation

The correlation between FUSIX and FNILX is 0.75, 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

FUSIX vs. FNILX - Dividend Comparison

FUSIX's dividend yield for the trailing twelve months is around 2.99%, more than FNILX's 1.06% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUSIX Strategic Advisers Fidelity International Fund	2.99%	3.02%	3.40%	2.43%	4.71%	5.83%	1.25%	3.05%	3.78%	2.03%	1.78%	1.46%
FNILX Fidelity ZERO Large Cap Index Fund	1.06%	1.01%	1.09%	1.34%	1.53%	0.95%	1.20%	1.17%	0.53%	0.00%	0.00%	0.00%

Drawdowns

FUSIX vs. FNILX - Drawdown Comparison

The maximum FUSIX drawdown since its inception was -64.42%, which is greater than FNILX's maximum drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for FUSIX and FNILX.

Drawdown Indicators

	FUSIX	FNILX	Difference
Max Drawdown Largest peak-to-trough decline	-64.42%	-33.76%	-30.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.78%	-12.18%	+1.40%
Max Drawdown (5Y) Largest decline over 5 years	-31.34%	-25.40%	-5.94%
Max Drawdown (10Y) Largest decline over 10 years	-31.96%	—	—
Current Drawdown Current decline from peak	-8.17%	-6.36%	-1.81%
Average Drawdown Average peak-to-trough decline	-16.16%	-5.47%	-10.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	2.57%	+0.53%

Volatility

FUSIX vs. FNILX - Volatility Comparison

Strategic Advisers Fidelity International Fund (FUSIX) has a higher volatility of 6.77% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 5.33%. This indicates that FUSIX's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUSIX	FNILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.77%	5.33%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	10.80%	9.59%	+1.21%
Volatility (1Y) Calculated over the trailing 1-year period	18.34%	18.44%	-0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	17.27%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.14%	20.19%	-4.05%