VIMAX vs. FSMDX
Compare and contrast key facts about Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) and Fidelity Mid Cap Index Fund (FSMDX).
VIMAX is managed by Vanguard. It was launched on Nov 12, 2001. FSMDX 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: VIMAX or FSMDX.
Performance
VIMAX vs. FSMDX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with VIMAX having a 19.80% return and FSMDX slightly higher at 19.98%. Over the past 10 years, VIMAX has outperformed FSMDX with an annualized return of 10.04%, while FSMDX has yielded a comparatively lower 9.13% annualized return.
VIMAX
19.80%
2.66%
11.91%
30.51%
11.49%
10.04%
FSMDX
19.98%
3.37%
12.26%
31.68%
10.42%
9.13%
Key characteristics
| VIMAX | FSMDX | |
|---|---|---|
| Sharpe Ratio | 2.45 | 2.37 |
| Sortino Ratio | 3.37 | 3.27 |
| Omega Ratio | 1.43 | 1.41 |
| Calmar Ratio | 1.98 | 1.96 |
| Martin Ratio | 14.72 | 13.48 |
| Ulcer Index | 2.05% | 2.32% |
| Daily Std Dev | 12.31% | 13.20% |
| Max Drawdown | -58.88% | -40.35% |
| Current Drawdown | -1.12% | -1.32% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VIMAX vs. FSMDX - Expense Ratio Comparison
VIMAX has a 0.05% expense ratio, which is higher than FSMDX's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VIMAX and FSMDX is 0.99, 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.
Risk-Adjusted Performance
VIMAX vs. FSMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) 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.
Dividends
VIMAX vs. FSMDX - Dividend Comparison
VIMAX's dividend yield for the trailing twelve months is around 1.46%, more than FSMDX's 0.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIMAX Vanguard Mid-Cap Index Fund Admiral Shares | 1.46% | 1.51% | 1.59% | 1.11% | 1.44% | 1.47% | 1.82% | 1.35% | 1.45% | 1.47% | 1.29% | 1.17% |
FSMDX Fidelity Mid Cap Index Fund | 0.95% | 1.39% | 1.59% | 1.10% | 1.37% | 1.42% | 1.85% | 1.32% | 1.35% | 2.29% | 3.82% | 2.74% |
Drawdowns
VIMAX vs. FSMDX - Drawdown Comparison
The maximum VIMAX drawdown since its inception was -58.88%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for VIMAX and FSMDX. For additional features, visit the drawdowns tool.
Volatility
VIMAX vs. FSMDX - Volatility Comparison
The current volatility for Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) is 3.80%, while Fidelity Mid Cap Index Fund (FSMDX) has a volatility of 4.10%. This indicates that VIMAX 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.