FZIPX vs. VXF
Compare and contrast key facts about Fidelity ZERO Extended Market Index Fund (FZIPX) and Vanguard Extended Market ETF (VXF).
FZIPX is managed by Fidelity. VXF is a passively managed fund by Vanguard that tracks the performance of the S&P Completion Index. It was launched on Dec 27, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZIPX or VXF.
Correlation
The correlation between FZIPX and VXF 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
FZIPX vs. VXF - Performance Comparison
Key characteristics
FZIPX:
-0.25
VXF:
-0.15
FZIPX:
-0.22
VXF:
-0.07
FZIPX:
0.97
VXF:
0.99
FZIPX:
-0.26
VXF:
-0.15
FZIPX:
-0.86
VXF:
-0.52
FZIPX:
5.63%
VXF:
5.88%
FZIPX:
19.08%
VXF:
20.39%
FZIPX:
-42.71%
VXF:
-58.04%
FZIPX:
-18.47%
VXF:
-20.33%
Returns By Period
In the year-to-date period, FZIPX achieves a -11.46% return, which is significantly higher than VXF's -13.39% return.
FZIPX
-11.46%
-7.16%
-9.17%
-5.29%
15.21%
N/A
VXF
-13.39%
-9.03%
-7.89%
-3.51%
15.98%
7.27%
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FZIPX vs. VXF - Expense Ratio Comparison
FZIPX has a 0.00% expense ratio, which is lower than VXF's 0.06% 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%.
Risk-Adjusted Performance
FZIPX vs. VXF — Risk-Adjusted Performance Rank
FZIPX
VXF
FZIPX vs. VXF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity ZERO Extended Market Index Fund (FZIPX) and Vanguard Extended Market ETF (VXF). 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
FZIPX vs. VXF - Dividend Comparison
FZIPX's dividend yield for the trailing twelve months is around 1.38%, more than VXF's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZIPX Fidelity ZERO Extended Market Index Fund | 1.38% | 1.22% | 1.43% | 1.64% | 1.23% | 1.24% | 1.26% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
VXF Vanguard Extended Market ETF | 1.36% | 1.09% | 1.27% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% | 1.32% |
Drawdowns
FZIPX vs. VXF - Drawdown Comparison
The maximum FZIPX drawdown since its inception was -42.71%, smaller than the maximum VXF drawdown of -58.04%. Use the drawdown chart below to compare losses from any high point for FZIPX and VXF. For additional features, visit the drawdowns tool.
Volatility
FZIPX vs. VXF - Volatility Comparison
The current volatility for Fidelity ZERO Extended Market Index Fund (FZIPX) is 9.43%, while Vanguard Extended Market ETF (VXF) has a volatility of 10.43%. This indicates that FZIPX experiences smaller price fluctuations and is considered to be less risky than VXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.