RSINX vs. FSMDX

Last updated Apr 1, 2026

Compare and contrast key facts about Victory RS Investors Fund (RSINX) and Fidelity Mid Cap Index Fund (FSMDX).

RSINX is managed by Victory. It was launched on Nov 15, 2005. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.

Performance

RSINX vs. FSMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory RS Investors Fund (RSINX) and Fidelity Mid Cap Index Fund (FSMDX). The values are adjusted to include any dividend payments, if applicable.

RSINX vs. FSMDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSINX Victory RS Investors Fund	-1.88%	6.39%	20.81%	13.18%	-2.02%	25.73%	-1.68%	28.02%	-9.55%	16.36%
FSMDX Fidelity Mid Cap Index Fund	-1.30%	10.58%	15.55%	17.20%	-17.27%	22.56%	17.13%	30.53%	-9.38%	18.04%

Returns By Period

In the year-to-date period, RSINX achieves a -1.88% return, which is significantly lower than FSMDX's -1.30% return. Over the past 10 years, RSINX has underperformed FSMDX with an annualized return of 9.80%, while FSMDX has yielded a comparatively higher 10.52% annualized return.

RSINX

• 1D: -0.25%
• 1M: -6.90%
• YTD: -1.88%
• 6M: 1.51%
• 1Y: 4.39%
• 3Y*: 11.86%
• 5Y*: 9.41%
• 10Y*: 9.80%

FSMDX

• 1D: -0.76%
• 1M: -7.77%
• YTD: -1.30%
• 6M: -1.14%
• 1Y: 13.02%
• 3Y*: 12.41%
• 5Y*: 6.74%
• 10Y*: 10.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RSINX vs. FSMDX - Expense Ratio Comparison

RSINX has a 1.33% expense ratio, which is higher than FSMDX's 0.03% expense ratio.

RSINX

Victory RS Investors Fund

FSMDX

Fidelity Mid Cap Index Fund

Return for Risk

RSINX vs. FSMDX — Risk / Return Rank

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

RSINX

RSINX Risk / Return Rank: 12
RSINX Sharpe Ratio Rank: 12
RSINX Sortino Ratio Rank: 12
RSINX Omega Ratio Rank: 11
RSINX Calmar Ratio Rank: 12
RSINX Martin Ratio Rank: 13

FSMDX

FSMDX Risk / Return Rank: 34
FSMDX Sharpe Ratio Rank: 33
FSMDX Sortino Ratio Rank: 34
FSMDX Omega Ratio Rank: 33
FSMDX Calmar Ratio Rank: 31
FSMDX Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RSINX vs. FSMDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory RS Investors Fund (RSINX) and Fidelity Mid Cap Index Fund (FSMDX). 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.

	RSINX	FSMDX	Difference
Sharpe ratio Return per unit of total volatility	0.31	0.72	-0.41
Sortino ratio Return per unit of downside risk	0.54	1.13	-0.58
Omega ratio Gain probability vs. loss probability	1.07	1.16	-0.09
Calmar ratio Return relative to maximum drawdown	0.30	0.87	-0.57
Martin ratio Return relative to average drawdown	1.16	4.07	-2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSINX vs. FSMDX - Sharpe Ratio Comparison

The current RSINX Sharpe Ratio is 0.31, which is lower than the FSMDX Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of RSINX and FSMDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RSINX	FSMDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.31	0.72	-0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.37	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.55	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.65	-0.27

Correlation

The correlation between RSINX and FSMDX is 0.88, 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.

Dividends

RSINX vs. FSMDX - Dividend Comparison

RSINX's dividend yield for the trailing twelve months is around 4.54%, more than FSMDX's 1.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSINX Victory RS Investors Fund	4.54%	4.46%	10.21%	0.77%	4.03%	15.89%	0.30%	4.32%	17.89%	14.37%	0.00%	0.00%
FSMDX Fidelity Mid Cap Index Fund	1.12%	1.10%	2.46%	1.39%	2.07%	3.35%	2.34%	2.86%	2.21%	2.17%	2.23%	2.84%

Drawdowns

RSINX vs. FSMDX - Drawdown Comparison

The maximum RSINX drawdown since its inception was -66.11%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for RSINX and FSMDX.

Drawdown Indicators

	RSINX	FSMDX	Difference
Max Drawdown Largest peak-to-trough decline	-66.11%	-40.35%	-25.76%
Max Drawdown (1Y) Largest decline over 1 year	-11.70%	-13.42%	+1.72%
Max Drawdown (5Y) Largest decline over 5 years	-23.08%	-26.07%	+2.99%
Max Drawdown (10Y) Largest decline over 10 years	-40.86%	-40.35%	-0.51%
Current Drawdown Current decline from peak	-8.64%	-8.16%	-0.48%
Average Drawdown Average peak-to-trough decline	-10.64%	-5.00%	-5.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	2.86%	+0.16%

Volatility

RSINX vs. FSMDX - Volatility Comparison

The current volatility for Victory RS Investors Fund (RSINX) is 3.25%, while Fidelity Mid Cap Index Fund (FSMDX) has a volatility of 4.74%. This indicates that RSINX experiences smaller price fluctuations and is considered to be less risky than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSINX	FSMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	4.74%	-1.49%
Volatility (6M) Calculated over the trailing 6-month period	9.09%	10.17%	-1.08%
Volatility (1Y) Calculated over the trailing 1-year period	15.78%	18.96%	-3.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.17%	18.23%	+0.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.10%	19.28%	-0.18%