MDISX vs. FSPSX
Compare and contrast key facts about Franklin Mutual Global Discovery Fund (MDISX) and Fidelity International Index Fund (FSPSX).
MDISX is managed by Franklin Templeton. It was launched on Dec 30, 1992. 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: MDISX or FSPSX.
Correlation
The correlation between MDISX and FSPSX is 0.84, 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
MDISX vs. FSPSX - Performance Comparison
Key characteristics
MDISX:
-0.40
FSPSX:
0.43
MDISX:
-0.40
FSPSX:
0.67
MDISX:
0.93
FSPSX:
1.08
MDISX:
-0.38
FSPSX:
0.55
MDISX:
-1.50
FSPSX:
1.35
MDISX:
3.64%
FSPSX:
3.95%
MDISX:
13.50%
FSPSX:
12.44%
MDISX:
-42.14%
FSPSX:
-33.69%
MDISX:
-13.38%
FSPSX:
-8.42%
Returns By Period
In the year-to-date period, MDISX achieves a 0.70% return, which is significantly lower than FSPSX's 0.95% return. Over the past 10 years, MDISX has underperformed FSPSX with an annualized return of 0.73%, while FSPSX has yielded a comparatively higher 5.69% annualized return.
MDISX
0.70%
-12.45%
-8.92%
-4.75%
0.30%
0.73%
FSPSX
0.95%
-3.35%
-3.58%
6.11%
5.04%
5.69%
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MDISX vs. FSPSX - Expense Ratio Comparison
MDISX has a 0.95% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Risk-Adjusted Performance
MDISX vs. FSPSX — Risk-Adjusted Performance Rank
MDISX
FSPSX
MDISX vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Mutual Global Discovery Fund (MDISX) 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
MDISX vs. FSPSX - Dividend Comparison
MDISX's dividend yield for the trailing twelve months is around 0.13%, less than FSPSX's 3.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDISX Franklin Mutual Global Discovery Fund | 0.13% | 0.13% | 1.62% | 2.08% | 2.58% | 2.90% | 2.23% | 2.39% | 2.45% | 2.20% | 1.88% | 8.48% |
FSPSX Fidelity International Index Fund | 3.24% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% |
Drawdowns
MDISX vs. FSPSX - Drawdown Comparison
The maximum MDISX drawdown since its inception was -42.14%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for MDISX and FSPSX. For additional features, visit the drawdowns tool.
Volatility
MDISX vs. FSPSX - Volatility Comparison
Franklin Mutual Global Discovery Fund (MDISX) has a higher volatility of 9.56% compared to Fidelity International Index Fund (FSPSX) at 3.16%. This indicates that MDISX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.