ODMAX vs. FSPSX
Compare and contrast key facts about Invesco Developing Markets Fund (ODMAX) and Fidelity International Index Fund (FSPSX).
ODMAX is managed by Invesco. It was launched on Nov 17, 1996. 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: ODMAX or FSPSX.
Correlation
The correlation between ODMAX and FSPSX is 0.76, 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
ODMAX vs. FSPSX - Performance Comparison
Key characteristics
ODMAX:
0.42
FSPSX:
0.90
ODMAX:
0.69
FSPSX:
1.31
ODMAX:
1.08
FSPSX:
1.16
ODMAX:
0.16
FSPSX:
1.12
ODMAX:
1.12
FSPSX:
2.62
ODMAX:
5.33%
FSPSX:
4.36%
ODMAX:
14.20%
FSPSX:
12.72%
ODMAX:
-76.58%
FSPSX:
-33.69%
ODMAX:
-30.64%
FSPSX:
-1.54%
Returns By Period
In the year-to-date period, ODMAX achieves a 5.90% return, which is significantly lower than FSPSX's 8.54% return. Over the past 10 years, ODMAX has underperformed FSPSX with an annualized return of 1.67%, while FSPSX has yielded a comparatively higher 5.59% annualized return.
ODMAX
5.90%
4.03%
0.62%
5.69%
-1.64%
1.67%
FSPSX
8.54%
4.84%
2.24%
10.96%
6.95%
5.59%
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ODMAX vs. FSPSX - Expense Ratio Comparison
ODMAX has a 1.24% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Risk-Adjusted Performance
ODMAX vs. FSPSX — Risk-Adjusted Performance Rank
ODMAX
FSPSX
ODMAX vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Developing Markets Fund (ODMAX) 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
ODMAX vs. FSPSX - Dividend Comparison
ODMAX has not paid dividends to shareholders, while FSPSX's dividend yield for the trailing twelve months is around 3.02%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ODMAX Invesco Developing Markets Fund | 0.00% | 0.01% | 0.53% | 0.57% | 0.10% | 0.00% | 0.23% | 0.28% | 0.30% | 0.23% | 0.42% | 0.29% |
FSPSX Fidelity International Index Fund | 3.02% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% |
Drawdowns
ODMAX vs. FSPSX - Drawdown Comparison
The maximum ODMAX drawdown since its inception was -76.58%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for ODMAX and FSPSX. For additional features, visit the drawdowns tool.
Volatility
ODMAX vs. FSPSX - Volatility Comparison
Invesco Developing Markets Fund (ODMAX) has a higher volatility of 4.24% compared to Fidelity International Index Fund (FSPSX) at 3.20%. This indicates that ODMAX'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.