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

Correlation

The correlation between FZROX and FZILX 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.


Performance

FZROX vs. FZILX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FZROX:

0.56

FZILX:

0.84

Sortino Ratio

FZROX:

0.83

FZILX:

1.13

Omega Ratio

FZROX:

1.12

FZILX:

1.15

Calmar Ratio

FZROX:

0.51

FZILX:

0.90

Martin Ratio

FZROX:

1.92

FZILX:

2.82

Ulcer Index

FZROX:

5.15%

FZILX:

4.31%

Daily Std Dev

FZROX:

20.08%

FZILX:

16.20%

Max Drawdown

FZROX:

-34.96%

FZILX:

-34.37%

Current Drawdown

FZROX:

-5.63%

FZILX:

-0.08%

Returns By Period

In the year-to-date period, FZROX achieves a -1.28% return, which is significantly lower than FZILX's 14.56% return.


FZROX

YTD

-1.28%

1M

5.95%

6M

-3.21%

1Y

10.34%

3Y*

15.04%

5Y*

15.66%

10Y*

N/A

FZILX

YTD

14.56%

1M

5.79%

6M

12.81%

1Y

12.91%

3Y*

10.92%

5Y*

11.54%

10Y*

N/A

*Annualized

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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%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FZROX vs. FZILX — Risk-Adjusted Performance Rank

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

FZROX
The Risk-Adjusted Performance Rank of FZROX is 5555
Overall Rank
The Sharpe Ratio Rank of FZROX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FZROX is 5454
Sortino Ratio Rank
The Omega Ratio Rank of FZROX is 5656
Omega Ratio Rank
The Calmar Ratio Rank of FZROX is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FZROX is 5656
Martin Ratio Rank

FZILX
The Risk-Adjusted Performance Rank of FZILX is 7474
Overall Rank
The Sharpe Ratio Rank of FZILX is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of FZILX is 7373
Sortino Ratio Rank
The Omega Ratio Rank of FZILX is 7474
Omega Ratio Rank
The Calmar Ratio Rank of FZILX is 8181
Calmar Ratio Rank
The Martin Ratio Rank of FZILX is 7373
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.

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.


The current FZROX Sharpe Ratio is 0.56, which is lower than the FZILX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of FZROX and FZILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FZROX vs. FZILX - Dividend Comparison

FZROX's dividend yield for the trailing twelve months is around 1.17%, less than FZILX's 2.62% yield.


TTM2024202320222021202020192018
FZROX
Fidelity ZERO Total Market Index Fund
1.17%1.16%1.36%1.57%1.25%1.27%1.51%0.74%
FZILX
Fidelity ZERO International Index Fund
2.62%3.00%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.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FZROX vs. FZILX - Volatility Comparison

Fidelity ZERO Total Market Index Fund (FZROX) has a higher volatility of 4.58% compared to Fidelity ZERO International Index Fund (FZILX) at 2.51%. This indicates that FZROX's price experiences larger fluctuations and is considered to be riskier than FZILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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