MASKX vs. FSSNX
Compare and contrast key facts about iShares Russell 2000 Small-Cap Index Fund (MASKX) and Fidelity Small Cap Index Fund (FSSNX).
MASKX is managed by Blackrock. It was launched on Apr 9, 1997. FSSNX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MASKX or FSSNX.
Key characteristics
| MASKX | FSSNX | |
|---|---|---|
| YTD Return | 17.88% | 18.33% |
| 1Y Return | 31.39% | 33.68% |
| 3Y Return (Ann) | -1.80% | 0.99% |
| 5Y Return (Ann) | 7.35% | 9.79% |
| 10Y Return (Ann) | 5.61% | 9.05% |
| Sharpe Ratio | 1.80 | 1.90 |
| Sortino Ratio | 2.61 | 2.74 |
| Omega Ratio | 1.31 | 1.33 |
| Calmar Ratio | 1.30 | 1.65 |
| Martin Ratio | 10.18 | 11.01 |
| Ulcer Index | 3.79% | 3.73% |
| Daily Std Dev | 21.48% | 21.58% |
| Max Drawdown | -67.66% | -41.72% |
| Current Drawdown | -6.46% | -2.70% |
Correlation
The correlation between MASKX and FSSNX is 0.99, 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
MASKX vs. FSSNX - Performance Comparison
The year-to-date returns for both investments are quite close, with MASKX having a 17.88% return and FSSNX slightly higher at 18.33%. Over the past 10 years, MASKX has underperformed FSSNX with an annualized return of 5.61%, while FSSNX has yielded a comparatively higher 9.05% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MASKX vs. FSSNX - Expense Ratio Comparison
MASKX has a 0.12% expense ratio, which is higher than FSSNX's 0.03% expense ratio. However, 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
MASKX vs. FSSNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Small-Cap Index Fund (MASKX) and Fidelity Small Cap Index Fund (FSSNX). 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
MASKX vs. FSSNX - Dividend Comparison
MASKX's dividend yield for the trailing twelve months is around 1.42%, more than FSSNX's 1.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MASKX iShares Russell 2000 Small-Cap Index Fund | 1.42% | 1.54% | 1.41% | 1.14% | 1.04% | 1.38% | 1.17% | 1.04% | 1.22% | 0.93% | 1.57% | 1.10% |
FSSNX Fidelity Small Cap Index Fund | 1.04% | 1.43% | 1.26% | 1.26% | 0.94% | 1.32% | 1.33% | 1.15% | 1.24% | 2.80% | 4.80% | 2.82% |
Drawdowns
MASKX vs. FSSNX - Drawdown Comparison
The maximum MASKX drawdown since its inception was -67.66%, which is greater than FSSNX's maximum drawdown of -41.72%. Use the drawdown chart below to compare losses from any high point for MASKX and FSSNX. For additional features, visit the drawdowns tool.
Volatility
MASKX vs. FSSNX - Volatility Comparison
iShares Russell 2000 Small-Cap Index Fund (MASKX) and Fidelity Small Cap Index Fund (FSSNX) have volatilities of 7.52% and 7.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.