VSIIX vs. FSKAX
Compare and contrast key facts about Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) and Fidelity Total Market Index Fund (FSKAX).
VSIIX is managed by Vanguard. It was launched on Dec 7, 1999. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSIIX or FSKAX.
Key characteristics
| VSIIX | FSKAX | |
|---|---|---|
| YTD Return | 19.11% | 26.25% |
| 1Y Return | 38.34% | 38.48% |
| 3Y Return (Ann) | 6.88% | 8.75% |
| 5Y Return (Ann) | 11.98% | 15.32% |
| 10Y Return (Ann) | 9.58% | 12.61% |
| Sharpe Ratio | 2.22 | 3.02 |
| Sortino Ratio | 3.16 | 4.03 |
| Omega Ratio | 1.39 | 1.56 |
| Calmar Ratio | 3.13 | 4.46 |
| Martin Ratio | 13.03 | 19.58 |
| Ulcer Index | 2.92% | 1.96% |
| Daily Std Dev | 17.17% | 12.70% |
| Max Drawdown | -62.05% | -35.01% |
| Current Drawdown | -1.23% | -0.38% |
Correlation
The correlation between VSIIX and FSKAX is 0.87, 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
VSIIX vs. FSKAX - Performance Comparison
In the year-to-date period, VSIIX achieves a 19.11% return, which is significantly lower than FSKAX's 26.25% return. Over the past 10 years, VSIIX has underperformed FSKAX with an annualized return of 9.58%, while FSKAX has yielded a comparatively higher 12.61% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VSIIX vs. FSKAX - Expense Ratio Comparison
VSIIX has a 0.06% expense ratio, which is higher than FSKAX's 0.02% 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%.
Risk-Adjusted Performance
VSIIX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) and Fidelity Total Market Index Fund (FSKAX). 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
VSIIX vs. FSKAX - Dividend Comparison
VSIIX's dividend yield for the trailing twelve months is around 1.89%, more than FSKAX's 1.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSIIX Vanguard Small-Cap Value Index Fund Institutional Shares | 1.89% | 2.12% | 2.04% | 1.76% | 1.69% | 2.07% | 2.36% | 1.80% | 1.77% | 1.99% | 1.78% | 1.88% |
FSKAX Fidelity Total Market Index Fund | 1.14% | 1.41% | 1.62% | 1.15% | 1.45% | 1.80% | 2.06% | 1.66% | 1.82% | 1.96% | 1.63% | 1.54% |
Drawdowns
VSIIX vs. FSKAX - Drawdown Comparison
The maximum VSIIX drawdown since its inception was -62.05%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for VSIIX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
VSIIX vs. FSKAX - Volatility Comparison
Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) has a higher volatility of 5.80% compared to Fidelity Total Market Index Fund (FSKAX) at 4.04%. This indicates that VSIIX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.