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FXAIX vs. FZROX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FXAIX and FZROX is 0.99, 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.


-0.50.00.51.01.0

Performance

FXAIX vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity 500 Index Fund (FXAIX) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

110.00%120.00%130.00%140.00%NovemberDecember2025FebruaryMarch
120.65%
110.23%
FXAIX
FZROX

Key characteristics

Sharpe Ratio

FXAIX:

0.60

FZROX:

0.51

Sortino Ratio

FXAIX:

0.88

FZROX:

0.77

Omega Ratio

FXAIX:

1.11

FZROX:

1.10

Calmar Ratio

FXAIX:

0.83

FZROX:

0.69

Martin Ratio

FXAIX:

2.78

FZROX:

2.29

Ulcer Index

FXAIX:

3.01%

FZROX:

3.19%

Daily Std Dev

FXAIX:

13.99%

FZROX:

14.32%

Max Drawdown

FXAIX:

-33.79%

FZROX:

-34.96%

Current Drawdown

FXAIX:

-8.51%

FZROX:

-9.01%

Returns By Period

In the year-to-date period, FXAIX achieves a -4.28% return, which is significantly higher than FZROX's -4.81% return.


FXAIX

YTD

-4.28%

1M

-5.63%

6M

-1.96%

1Y

8.25%

5Y*

19.75%

10Y*

12.54%

FZROX

YTD

-4.81%

1M

-5.87%

6M

-2.25%

1Y

7.15%

5Y*

19.43%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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FXAIX vs. FZROX - Expense Ratio Comparison

FXAIX has a 0.02% expense ratio, which is higher than FZROX'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%.


Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%
Expense ratio chart for FZROX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FXAIX vs. FZROX — Risk-Adjusted Performance Rank

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

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 6868
Overall Rank
The Sharpe Ratio Rank of FXAIX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 7272
Martin Ratio Rank

FZROX
The Risk-Adjusted Performance Rank of FZROX is 6363
Overall Rank
The Sharpe Ratio Rank of FZROX is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FZROX is 5858
Sortino Ratio Rank
The Omega Ratio Rank of FZROX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of FZROX is 7777
Calmar Ratio Rank
The Martin Ratio Rank of FZROX is 6666
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.

FXAIX vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity 500 Index Fund (FXAIX) and Fidelity ZERO Total Market Index Fund (FZROX). 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 chart of Sharpe ratio for FXAIX, currently valued at 0.60, compared to the broader market-1.000.001.002.003.000.600.51
The chart of Sortino ratio for FXAIX, currently valued at 0.88, compared to the broader market0.002.004.006.008.0010.000.880.77
The chart of Omega ratio for FXAIX, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.003.501.111.10
The chart of Calmar ratio for FXAIX, currently valued at 0.83, compared to the broader market0.002.004.006.008.0010.0012.000.830.69
The chart of Martin ratio for FXAIX, currently valued at 2.78, compared to the broader market0.0020.0040.0060.002.782.29
FXAIX
FZROX

The current FXAIX Sharpe Ratio is 0.60, which is comparable to the FZROX Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of FXAIX and FZROX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarch
0.60
0.51
FXAIX
FZROX

Dividends

FXAIX vs. FZROX - Dividend Comparison

FXAIX's dividend yield for the trailing twelve months is around 1.30%, more than FZROX's 1.22% yield.


TTM20242023202220212020201920182017201620152014
FXAIX
Fidelity 500 Index Fund
1.30%1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.63%
FZROX
Fidelity ZERO Total Market Index Fund
1.22%1.16%1.36%1.57%1.08%1.27%1.45%0.63%0.00%0.00%0.00%0.00%

Drawdowns

FXAIX vs. FZROX - Drawdown Comparison

The maximum FXAIX drawdown since its inception was -33.79%, roughly equal to the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FXAIX and FZROX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarch
-8.51%
-9.01%
FXAIX
FZROX

Volatility

FXAIX vs. FZROX - Volatility Comparison

Fidelity 500 Index Fund (FXAIX) and Fidelity ZERO Total Market Index Fund (FZROX) have volatilities of 5.97% and 6.16%, 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.


2.00%3.00%4.00%5.00%6.00%NovemberDecember2025FebruaryMarch
5.97%
6.16%
FXAIX
FZROX