MDIJX vs. FSPSX
Compare and contrast key facts about MFS International Diversification Fund (MDIJX) and Fidelity International Index Fund (FSPSX).
MDIJX is managed by MFS. It was launched on Sep 30, 2004. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MDIJX or FSPSX.
Performance
MDIJX vs. FSPSX - Performance Comparison
Returns By Period
In the year-to-date period, MDIJX achieves a 7.07% return, which is significantly higher than FSPSX's 4.20% return. Over the past 10 years, MDIJX has outperformed FSPSX with an annualized return of 6.28%, while FSPSX has yielded a comparatively lower 5.09% annualized return.
MDIJX
7.07%
-4.99%
-0.79%
13.69%
5.60%
6.28%
FSPSX
4.20%
-5.24%
-3.74%
12.34%
5.59%
5.09%
Key characteristics
| MDIJX | FSPSX | |
|---|---|---|
| Sharpe Ratio | 1.17 | 0.97 |
| Sortino Ratio | 1.65 | 1.40 |
| Omega Ratio | 1.20 | 1.17 |
| Calmar Ratio | 1.02 | 1.37 |
| Martin Ratio | 5.93 | 4.54 |
| Ulcer Index | 2.24% | 2.66% |
| Daily Std Dev | 11.36% | 12.53% |
| Max Drawdown | -54.94% | -33.69% |
| Current Drawdown | -7.79% | -8.84% |
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MDIJX vs. FSPSX - Expense Ratio Comparison
MDIJX has a 0.82% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Correlation
The correlation between MDIJX and FSPSX is 0.95, 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.
Risk-Adjusted Performance
MDIJX vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Diversification Fund (MDIJX) and Fidelity International Index Fund (FSPSX). 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
MDIJX vs. FSPSX - Dividend Comparison
MDIJX's dividend yield for the trailing twelve months is around 2.41%, less than FSPSX's 3.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDIJX MFS International Diversification Fund | 2.41% | 2.58% | 0.66% | 1.88% | 0.69% | 1.43% | 2.45% | 1.63% | 2.19% | 1.69% | 1.48% | 1.06% |
FSPSX Fidelity International Index Fund | 3.05% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% | 2.59% |
Drawdowns
MDIJX vs. FSPSX - Drawdown Comparison
The maximum MDIJX drawdown since its inception was -54.94%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for MDIJX and FSPSX. For additional features, visit the drawdowns tool.
Volatility
MDIJX vs. FSPSX - Volatility Comparison
The current volatility for MFS International Diversification Fund (MDIJX) is 3.39%, while Fidelity International Index Fund (FSPSX) has a volatility of 3.83%. This indicates that MDIJX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.