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 0.85, 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:
0.04
VXF:
0.15
FZIPX:
0.21
VXF:
0.38
FZIPX:
1.03
VXF:
1.05
FZIPX:
0.03
VXF:
0.13
FZIPX:
0.11
VXF:
0.45
FZIPX:
7.39%
VXF:
7.84%
FZIPX:
22.58%
VXF:
24.20%
FZIPX:
-42.71%
VXF:
-58.04%
FZIPX:
-16.50%
VXF:
-17.41%
Returns By Period
In the year-to-date period, FZIPX achieves a -9.33% return, which is significantly higher than VXF's -10.21% return.
FZIPX
-9.33%
-5.00%
-8.01%
1.57%
12.11%
N/A
VXF
-10.21%
-4.87%
-6.70%
4.20%
12.86%
7.68%
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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 1.35%, more than VXF's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZIPX Fidelity ZERO Extended Market Index Fund | 1.35% | 1.22% | 1.43% | 1.64% | 6.97% | 2.15% | 1.80% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
VXF Vanguard Extended Market ETF | 1.31% | 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 14.74%, while Vanguard Extended Market ETF (VXF) has a volatility of 15.86%. 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.