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SMID vs. FSSNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

SMID vs. FSSNX

Last updated May 12, 2025

Compare and contrast key facts about Smith-Midland Corporation (SMID) and Fidelity Small Cap Index Fund (FSSNX).

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: SMID or FSSNX.

Correlation

The correlation between SMID and FSSNX is -0.20. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

SMID vs. FSSNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Smith-Midland Corporation (SMID) and Fidelity Small Cap Index Fund (FSSNX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

SMID:

12.73%

FSSNX:

24.31%

Max Drawdown

SMID:

-2.08%

FSSNX:

-44.52%

Current Drawdown

SMID:

-2.08%

FSSNX:

-16.45%

Returns By Period

SMID

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FSSNX

YTD

-8.71%

1M

9.02%

6M

-14.92%

1Y

-0.14%

5Y*

10.72%

10Y*

5.21%

*Annualized

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Risk-Adjusted Performance

SMID vs. FSSNX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SMID
The Risk-Adjusted Performance Rank of SMID is 3838
Overall Rank
The Sharpe Ratio Rank of SMID is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of SMID is 4242
Sortino Ratio Rank
The Omega Ratio Rank of SMID is 4040
Omega Ratio Rank
The Calmar Ratio Rank of SMID is 3131
Calmar Ratio Rank
The Martin Ratio Rank of SMID is 3636
Martin Ratio Rank
FSSNX
The Risk-Adjusted Performance Rank of FSSNX is 1919
Overall Rank
The Sharpe Ratio Rank of FSSNX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of FSSNX is 2222
Sortino Ratio Rank
The Omega Ratio Rank of FSSNX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of FSSNX is 1616
Calmar Ratio Rank
The Martin Ratio Rank of FSSNX is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SMID vs. FSSNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Smith-Midland Corporation (SMID) 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.

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Dividends

SMID vs. FSSNX - Dividend Comparison

SMID has not paid dividends to shareholders, while FSSNX's dividend yield for the trailing twelve months is around 1.12%.

TTM20242023202220212020201920182017201620152014
SMID
Smith-Midland Corporation		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FSSNX
Fidelity Small Cap Index Fund		1.12%1.03%1.43%1.26%3.92%0.94%2.96%5.39%3.67%2.27%4.53%4.80%

Drawdowns

SMID vs. FSSNX - Drawdown Comparison

The maximum SMID drawdown since its inception was -2.08%, smaller than the maximum FSSNX drawdown of -44.52%. Use the drawdown chart below to compare losses from any high point for SMID and FSSNX. For additional features, visit the drawdowns tool.

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Volatility

SMID vs. FSSNX - Volatility Comparison

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