FZFLX vs. JCMAX
Compare and contrast key facts about Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and JPMorgan Mid Cap Equity Fund Class A (JCMAX).
FZFLX is managed by Fidelity. It was launched on Aug 12, 2015. JCMAX is managed by JPMorgan. It was launched on Nov 2, 2009.
Performance
FZFLX vs. JCMAX - Performance Comparison
Loading graphics...
FZFLX vs. JCMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 2.68% | 10.76% | 15.52% | 17.75% | -15.62% | 20.40% | 19.78% | 31.96% | -9.25% | 18.41% |
JCMAX JPMorgan Mid Cap Equity Fund Class A | -2.67% | 5.82% | 18.44% | 15.87% | -16.24% | 19.67% | 22.33% | 32.37% | -8.43% | 20.96% |
Returns By Period
In the year-to-date period, FZFLX achieves a 2.68% return, which is significantly higher than JCMAX's -2.67% return. Over the past 10 years, FZFLX has outperformed JCMAX with an annualized return of 11.53%, while JCMAX has yielded a comparatively lower 10.46% annualized return.
FZFLX
- 1D
- -2.75%
- 1M
- -9.45%
- YTD
- 2.68%
- 6M
- 4.85%
- 1Y
- 21.13%
- 3Y*
- 14.17%
- 5Y*
- 7.49%
- 10Y*
- 11.53%
JCMAX
- 1D
- -0.50%
- 1M
- -7.88%
- YTD
- -2.67%
- 6M
- -3.02%
- 1Y
- 7.87%
- 3Y*
- 11.07%
- 5Y*
- 5.58%
- 10Y*
- 10.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FZFLX vs. JCMAX - Expense Ratio Comparison
FZFLX has a 0.05% expense ratio, which is lower than JCMAX's 1.14% expense ratio.
Return for Risk
FZFLX vs. JCMAX — Risk / Return Rank
FZFLX
JCMAX
FZFLX vs. JCMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and JPMorgan Mid Cap Equity Fund Class A (JCMAX). 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.
| FZFLX | JCMAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 0.47 | +0.43 |
Sortino ratioReturn per unit of downside risk | 1.36 | 0.79 | +0.57 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.11 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 0.53 | +0.72 |
Martin ratioReturn relative to average drawdown | 5.41 | 2.38 | +3.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FZFLX | JCMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 0.47 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.32 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.54 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.64 | -0.13 |
Correlation
The correlation between FZFLX and JCMAX is 0.96, 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
FZFLX vs. JCMAX - Dividend Comparison
FZFLX's dividend yield for the trailing twelve months is around 56.26%, more than JCMAX's 6.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 56.26% | 57.77% | 10.20% | 2.35% | 79.79% | 50.77% | 7.19% | 6.49% | 7.69% | 1.68% | 0.93% | 0.67% |
JCMAX JPMorgan Mid Cap Equity Fund Class A | 6.33% | 6.16% | 8.60% | 0.31% | 2.63% | 7.65% | 11.63% | 8.54% | 12.89% | 5.69% | 3.23% | 5.06% |
Drawdowns
FZFLX vs. JCMAX - Drawdown Comparison
The maximum FZFLX drawdown since its inception was -42.03%, which is greater than JCMAX's maximum drawdown of -38.33%. Use the drawdown chart below to compare losses from any high point for FZFLX and JCMAX.
Loading graphics...
Drawdown Indicators
| FZFLX | JCMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.03% | -38.33% | -3.70% |
Max Drawdown (1Y)Largest decline over 1 year | -14.54% | -12.34% | -2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -24.77% | -25.26% | +0.49% |
Max Drawdown (10Y)Largest decline over 10 years | -42.03% | -38.33% | -3.70% |
Current DrawdownCurrent decline from peak | -10.68% | -8.26% | -2.42% |
Average DrawdownAverage peak-to-trough decline | -5.81% | -5.19% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 2.77% | +0.59% |
Volatility
FZFLX vs. JCMAX - Volatility Comparison
Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) has a higher volatility of 10.12% compared to JPMorgan Mid Cap Equity Fund Class A (JCMAX) at 4.42%. This indicates that FZFLX's price experiences larger fluctuations and is considered to be riskier than JCMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FZFLX | JCMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.12% | 4.42% | +5.70% |
Volatility (6M)Calculated over the trailing 6-month period | 15.61% | 9.17% | +6.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.87% | 17.55% | +6.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.66% | 17.41% | +3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.85% | 19.59% | +1.26% |