FZROX vs. FZILX
Compare and contrast key facts about Fidelity ZERO Total Market Index Fund (FZROX) and Fidelity ZERO International Index Fund (FZILX).
FZROX is managed by Fidelity. FZILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZROX or FZILX.
Correlation
The correlation between FZROX and FZILX is 0.80, 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
FZROX vs. FZILX - Performance Comparison
Key characteristics
FZROX:
1.91
FZILX:
0.38
FZROX:
2.56
FZILX:
0.59
FZROX:
1.35
FZILX:
1.07
FZROX:
2.89
FZILX:
0.43
FZROX:
12.43
FZILX:
1.53
FZROX:
1.99%
FZILX:
3.15%
FZROX:
12.95%
FZILX:
12.83%
FZROX:
-34.96%
FZILX:
-34.37%
FZROX:
-4.02%
FZILX:
-11.22%
Returns By Period
In the year-to-date period, FZROX achieves a 23.76% return, which is significantly higher than FZILX's 2.17% return.
FZROX
23.76%
-0.40%
8.48%
23.86%
13.98%
N/A
FZILX
2.17%
-4.40%
-3.25%
3.95%
3.84%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FZROX vs. FZILX - Expense Ratio Comparison
FZROX has a 0.00% expense ratio, which is lower than FZILX'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%.
Risk-Adjusted Performance
FZROX vs. FZILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity ZERO Total Market Index Fund (FZROX) and Fidelity ZERO International Index Fund (FZILX). 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
FZROX vs. FZILX - Dividend Comparison
FZROX's dividend yield for the trailing twelve months is around 1.18%, while FZILX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FZROX Fidelity ZERO Total Market Index Fund | 1.18% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% |
FZILX Fidelity ZERO International Index Fund | 0.00% | 2.98% | 2.71% | 2.61% | 1.64% | 2.83% | 0.66% |
Drawdowns
FZROX vs. FZILX - Drawdown Comparison
The maximum FZROX drawdown since its inception was -34.96%, roughly equal to the maximum FZILX drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for FZROX and FZILX. For additional features, visit the drawdowns tool.
Volatility
FZROX vs. FZILX - Volatility Comparison
The current volatility for Fidelity ZERO Total Market Index Fund (FZROX) is 3.89%, while Fidelity ZERO International Index Fund (FZILX) has a volatility of 4.39%. This indicates that FZROX experiences smaller price fluctuations and is considered to be less risky than FZILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.