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

Correlation

The correlation between FZILX and FZROX 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.


-0.50.00.51.0
Correlation: 0.8

Performance

FZILX vs. FZROX - Performance Comparison

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

20.00%40.00%60.00%80.00%100.00%120.00%140.00%December2025FebruaryMarchAprilMay
48.24%
113.38%
FZILX
FZROX

Key characteristics

Sharpe Ratio

FZILX:

0.91

FZROX:

0.70

Sortino Ratio

FZILX:

1.35

FZROX:

1.09

Omega Ratio

FZILX:

1.18

FZROX:

1.16

Calmar Ratio

FZILX:

1.10

FZROX:

0.71

Martin Ratio

FZILX:

3.42

FZROX:

2.78

Ulcer Index

FZILX:

4.34%

FZROX:

4.94%

Daily Std Dev

FZILX:

16.29%

FZROX:

19.76%

Max Drawdown

FZILX:

-34.37%

FZROX:

-34.96%

Current Drawdown

FZILX:

0.00%

FZROX:

-7.65%

Returns By Period

In the year-to-date period, FZILX achieves a 11.39% return, which is significantly higher than FZROX's -3.39% return.


FZILX

YTD

11.39%

1M

4.13%

6M

7.86%

1Y

13.22%

5Y*

11.44%

10Y*

N/A

FZROX

YTD

-3.39%

1M

0.31%

6M

-0.45%

1Y

12.88%

5Y*

16.40%

10Y*

N/A

*Annualized

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FZILX vs. FZROX - Expense Ratio Comparison

FZILX has a 0.00% expense ratio, which is lower than FZROX's 0.00% expense ratio. Despite the difference, 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 FZILX: current value is 0.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FZILX: 0.00%
Expense ratio chart for FZROX: current value is 0.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FZROX: 0.00%

Risk-Adjusted Performance

FZILX vs. FZROX — Risk-Adjusted Performance Rank

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

FZILX
The Risk-Adjusted Performance Rank of FZILX is 7777
Overall Rank
The Sharpe Ratio Rank of FZILX is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of FZILX is 7474
Sortino Ratio Rank
The Omega Ratio Rank of FZILX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FZILX is 8686
Calmar Ratio Rank
The Martin Ratio Rank of FZILX is 7676
Martin Ratio Rank

FZROX
The Risk-Adjusted Performance Rank of FZROX is 7070
Overall Rank
The Sharpe Ratio Rank of FZROX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FZROX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FZROX is 7070
Omega Ratio Rank
The Calmar Ratio Rank of FZROX is 7777
Calmar Ratio Rank
The Martin Ratio Rank of FZROX is 6969
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.

FZILX vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity ZERO International Index Fund (FZILX) 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 FZILX, currently valued at 0.91, compared to the broader market-2.00-1.000.001.002.003.00
FZILX: 0.91
FZROX: 0.70
The chart of Sortino ratio for FZILX, currently valued at 1.35, compared to the broader market-2.000.002.004.006.008.00
FZILX: 1.35
FZROX: 1.09
The chart of Omega ratio for FZILX, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.00
FZILX: 1.18
FZROX: 1.16
The chart of Calmar ratio for FZILX, currently valued at 1.10, compared to the broader market0.002.004.006.008.00
FZILX: 1.10
FZROX: 0.71
The chart of Martin ratio for FZILX, currently valued at 3.42, compared to the broader market0.0010.0020.0030.0040.00
FZILX: 3.42
FZROX: 2.78

The current FZILX Sharpe Ratio is 0.91, which is higher than the FZROX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of FZILX 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 Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.91
0.70
FZILX
FZROX

Dividends

FZILX vs. FZROX - Dividend Comparison

FZILX's dividend yield for the trailing twelve months is around 2.69%, more than FZROX's 1.20% yield.


TTM2024202320222021202020192018
FZILX
Fidelity ZERO International Index Fund
2.69%3.00%2.98%2.71%2.61%1.64%2.83%0.66%
FZROX
Fidelity ZERO Total Market Index Fund
1.20%1.16%1.36%1.57%1.08%1.27%1.45%0.63%

Drawdowns

FZILX vs. FZROX - Drawdown Comparison

The maximum FZILX drawdown since its inception was -34.37%, roughly equal to the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FZILX and FZROX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay0
-7.65%
FZILX
FZROX

Volatility

FZILX vs. FZROX - Volatility Comparison

The current volatility for Fidelity ZERO International Index Fund (FZILX) is 10.51%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 14.33%. This indicates that FZILX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
10.51%
14.33%
FZILX
FZROX