FXAIX vs. FZILX
Compare and contrast key facts about Fidelity 500 Index Fund (FXAIX) and Fidelity ZERO International Index Fund (FZILX).
FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988. FZILX is managed by Fidelity.
Performance
FXAIX vs. FZILX - Performance Comparison
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FXAIX vs. FZILX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | -4.34% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -11.13% |
FZILX Fidelity ZERO International Index Fund | 2.17% | 33.52% | 5.32% | 16.28% | -15.96% | 8.19% | 11.06% | 21.69% | -9.38% |
Returns By Period
In the year-to-date period, FXAIX achieves a -4.34% return, which is significantly lower than FZILX's 2.17% return.
FXAIX
- 1D
- 2.92%
- 1M
- -5.02%
- YTD
- -4.34%
- 6M
- -2.14%
- 1Y
- 17.32%
- 3Y*
- 18.30%
- 5Y*
- 11.79%
- 10Y*
- 14.08%
FZILX
- 1D
- 3.01%
- 1M
- -6.87%
- YTD
- 2.17%
- 6M
- 6.45%
- 1Y
- 27.85%
- 3Y*
- 16.00%
- 5Y*
- 7.70%
- 10Y*
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FXAIX vs. FZILX - Expense Ratio Comparison
FXAIX has a 0.02% expense ratio, which is higher than FZILX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FXAIX vs. FZILX — Risk / Return Rank
FXAIX
FZILX
FXAIX vs. FZILX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity 500 Index Fund (FXAIX) and Fidelity ZERO International Index Fund (FZILX). 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.
| FXAIX | FZILX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.74 | -0.77 |
Sortino ratioReturn per unit of downside risk | 1.49 | 2.32 | -0.83 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.35 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 2.44 | -0.92 |
Martin ratioReturn relative to average drawdown | 7.30 | 9.45 | -2.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FXAIX | FZILX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.74 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.51 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.49 | +0.27 |
Correlation
The correlation between FXAIX and FZILX is 0.78, 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
FXAIX vs. FZILX - Dividend Comparison
FXAIX's dividend yield for the trailing twelve months is around 1.16%, less than FZILX's 2.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
FZILX Fidelity ZERO International Index Fund | 2.62% | 2.67% | 3.00% | 2.98% | 2.71% | 2.61% | 1.64% | 2.37% | 0.02% | 0.00% | 0.00% | 0.00% |
Drawdowns
FXAIX vs. FZILX - Drawdown Comparison
The maximum FXAIX drawdown since its inception was -33.79%, roughly equal to the maximum FZILX drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for FXAIX and FZILX.
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Drawdown Indicators
| FXAIX | FZILX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.79% | -34.37% | +0.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.13% | -11.24% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -24.50% | -29.87% | +5.37% |
Max Drawdown (10Y)Largest decline over 10 years | -33.79% | — | — |
Current DrawdownCurrent decline from peak | -6.23% | -8.57% | +2.34% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -6.80% | +2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.90% | -0.37% |
Volatility
FXAIX vs. FZILX - Volatility Comparison
The current volatility for Fidelity 500 Index Fund (FXAIX) is 5.34%, while Fidelity ZERO International Index Fund (FZILX) has a volatility of 7.90%. This indicates that FXAIX experiences smaller price fluctuations and is considered to be less risky than FZILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FXAIX | FZILX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 7.90% | -2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 9.53% | 11.25% | -1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.32% | 16.44% | +1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.92% | 15.33% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 17.30% | +0.75% |