SMLF vs. FZIPX
Compare and contrast key facts about iShares MSCI USA Small-Cap Multifactor ETF (SMLF) and Fidelity ZERO Extended Market Index Fund (FZIPX).
SMLF is a passively managed fund by iShares that tracks the performance of the MSCI USA Small Cap Diversified Multi-Factor. It was launched on Apr 28, 2015. FZIPX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMLF or FZIPX.
Correlation
The correlation between SMLF and FZIPX is 0.97, 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
SMLF vs. FZIPX - Performance Comparison
Key characteristics
SMLF:
1.09
FZIPX:
0.87
SMLF:
1.59
FZIPX:
1.31
SMLF:
1.19
FZIPX:
1.16
SMLF:
2.10
FZIPX:
1.02
SMLF:
5.11
FZIPX:
3.80
SMLF:
3.75%
FZIPX:
3.92%
SMLF:
17.42%
FZIPX:
16.90%
SMLF:
-41.89%
FZIPX:
-42.71%
SMLF:
-4.32%
FZIPX:
-4.53%
Returns By Period
In the year-to-date period, SMLF achieves a 4.64% return, which is significantly higher than FZIPX's 3.67% return.
SMLF
4.64%
3.61%
12.42%
20.61%
11.84%
N/A
FZIPX
3.67%
3.07%
9.79%
16.23%
7.93%
N/A
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SMLF vs. FZIPX - Expense Ratio Comparison
SMLF has a 0.30% expense ratio, which is higher than FZIPX's 0.00% expense ratio.
Risk-Adjusted Performance
SMLF vs. FZIPX — Risk-Adjusted Performance Rank
SMLF
FZIPX
SMLF vs. FZIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Small-Cap Multifactor ETF (SMLF) and Fidelity ZERO Extended Market Index Fund (FZIPX). 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
SMLF vs. FZIPX - Dividend Comparison
SMLF's dividend yield for the trailing twelve months is around 1.28%, more than FZIPX's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SMLF iShares MSCI USA Small-Cap Multifactor ETF | 1.28% | 1.33% | 1.13% | 1.23% | 1.07% | 1.32% | 1.39% | 1.16% | 0.93% | 0.78% | 0.79% |
FZIPX Fidelity ZERO Extended Market Index Fund | 1.18% | 1.22% | 1.43% | 1.64% | 1.23% | 1.24% | 1.26% | 0.50% | 0.00% | 0.00% | 0.00% |
Drawdowns
SMLF vs. FZIPX - Drawdown Comparison
The maximum SMLF drawdown since its inception was -41.89%, roughly equal to the maximum FZIPX drawdown of -42.71%. Use the drawdown chart below to compare losses from any high point for SMLF and FZIPX. For additional features, visit the drawdowns tool.
Volatility
SMLF vs. FZIPX - Volatility Comparison
iShares MSCI USA Small-Cap Multifactor ETF (SMLF) has a higher volatility of 4.40% compared to Fidelity ZERO Extended Market Index Fund (FZIPX) at 4.04%. This indicates that SMLF's price experiences larger fluctuations and is considered to be riskier than FZIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.