FZFLX vs. FZIPX
Compare and contrast key facts about Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and Fidelity ZERO Extended Market Index Fund (FZIPX).
FZFLX is managed by Fidelity. It was launched on Aug 12, 2015. FZIPX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZFLX or FZIPX.
Correlation
The correlation between FZFLX and FZIPX is 0.97, 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
FZFLX vs. FZIPX - Performance Comparison
Key characteristics
FZFLX:
0.04
FZIPX:
0.38
FZFLX:
0.16
FZIPX:
0.65
FZFLX:
1.02
FZIPX:
1.08
FZFLX:
0.01
FZIPX:
0.46
FZFLX:
0.12
FZIPX:
1.56
FZFLX:
4.40%
FZIPX:
4.23%
FZFLX:
15.58%
FZIPX:
17.15%
FZFLX:
-70.34%
FZIPX:
-42.71%
FZFLX:
-61.12%
FZIPX:
-10.89%
Returns By Period
In the year-to-date period, FZFLX achieves a -2.51% return, which is significantly higher than FZIPX's -3.23% return.
FZFLX
-2.51%
-6.47%
-5.17%
-0.56%
-11.20%
N/A
FZIPX
-3.23%
-6.86%
-0.88%
5.07%
8.68%
N/A
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FZFLX vs. FZIPX - Expense Ratio Comparison
FZFLX has a 0.05% expense ratio, which is higher than FZIPX'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%.
Risk-Adjusted Performance
FZFLX vs. FZIPX — Risk-Adjusted Performance Rank
FZFLX
FZIPX
FZFLX vs. FZIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and Fidelity ZERO Extended Market Index Fund (FZIPX). 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.
Dividends
FZFLX vs. FZIPX - Dividend Comparison
FZFLX's dividend yield for the trailing twelve months is around 1.90%, more than FZIPX's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 1.90% | 1.85% | 1.49% | 1.99% | 2.00% | 1.20% | 3.48% | 1.69% | 1.04% | 0.81% | 1.21% |
FZIPX Fidelity ZERO Extended Market Index Fund | 1.26% | 1.22% | 1.43% | 1.64% | 1.23% | 1.24% | 1.26% | 0.50% | 0.00% | 0.00% | 0.00% |
Drawdowns
FZFLX vs. FZIPX - Drawdown Comparison
The maximum FZFLX drawdown since its inception was -70.34%, which is greater than FZIPX's maximum drawdown of -42.71%. Use the drawdown chart below to compare losses from any high point for FZFLX and FZIPX. For additional features, visit the drawdowns tool.
Volatility
FZFLX vs. FZIPX - Volatility Comparison
Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and Fidelity ZERO Extended Market Index Fund (FZIPX) have volatilities of 4.70% and 4.90%, 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.