VSS vs. FISMX
Compare and contrast key facts about Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) and Fidelity International Small Cap Fund (FISMX).
VSS is a passively managed fund by Vanguard that tracks the performance of the FTSE Global Small Cap ex US Index. It was launched on Apr 2, 2009. FISMX is managed by Fidelity. It was launched on Sep 18, 2002.
Performance
VSS vs. FISMX - Performance Comparison
Loading graphics...
VSS vs. FISMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 1.72% | 29.61% | 2.94% | 15.52% | -21.48% | 13.05% | 11.81% | 21.36% | -18.48% | 30.61% |
FISMX Fidelity International Small Cap Fund | -2.53% | 24.73% | 0.05% | 19.62% | -16.66% | 13.44% | 9.98% | 21.45% | -16.08% | 31.58% |
Returns By Period
In the year-to-date period, VSS achieves a 1.72% return, which is significantly higher than FISMX's -2.53% return. Over the past 10 years, VSS has underperformed FISMX with an annualized return of 7.63%, while FISMX has yielded a comparatively higher 8.02% annualized return.
VSS
- 1D
- 3.06%
- 1M
- -8.91%
- YTD
- 1.72%
- 6M
- 4.71%
- 1Y
- 30.55%
- 3Y*
- 13.84%
- 5Y*
- 5.38%
- 10Y*
- 7.63%
FISMX
- 1D
- -0.33%
- 1M
- -10.41%
- YTD
- -2.53%
- 6M
- -0.83%
- 1Y
- 15.86%
- 3Y*
- 10.28%
- 5Y*
- 5.08%
- 10Y*
- 8.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VSS vs. FISMX - Expense Ratio Comparison
VSS has a 0.07% expense ratio, which is lower than FISMX's 1.01% expense ratio.
Return for Risk
VSS vs. FISMX — Risk / Return Rank
VSS
FISMX
VSS vs. FISMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) and Fidelity International Small Cap Fund (FISMX). 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.
| VSS | FISMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.88 | 1.10 | +0.78 |
Sortino ratioReturn per unit of downside risk | 2.50 | 1.46 | +1.03 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.22 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 2.54 | 1.27 | +1.27 |
Martin ratioReturn relative to average drawdown | 10.09 | 4.64 | +5.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VSS | FISMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 1.10 | +0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.38 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.58 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.70 | -0.18 |
Correlation
The correlation between VSS and FISMX is 0.89, 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
VSS vs. FISMX - Dividend Comparison
VSS's dividend yield for the trailing twelve months is around 3.33%, less than FISMX's 3.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 3.33% | 3.39% | 3.44% | 3.14% | 2.30% | 2.74% | 1.90% | 3.25% | 2.80% | 2.83% | 2.93% | 2.66% |
FISMX Fidelity International Small Cap Fund | 3.68% | 3.58% | 2.64% | 1.87% | 0.70% | 7.28% | 0.83% | 2.32% | 6.14% | 2.46% | 2.70% | 2.80% |
Drawdowns
VSS vs. FISMX - Drawdown Comparison
The maximum VSS drawdown since its inception was -43.51%, smaller than the maximum FISMX drawdown of -60.94%. Use the drawdown chart below to compare losses from any high point for VSS and FISMX.
Loading graphics...
Drawdown Indicators
| VSS | FISMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.51% | -60.94% | +17.43% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -10.71% | -0.91% |
Max Drawdown (5Y)Largest decline over 5 years | -33.93% | -31.07% | -2.86% |
Max Drawdown (10Y)Largest decline over 10 years | -43.51% | -38.80% | -4.71% |
Current DrawdownCurrent decline from peak | -8.91% | -10.41% | +1.50% |
Average DrawdownAverage peak-to-trough decline | -9.72% | -10.71% | +0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 2.93% | 0.00% |
Volatility
VSS vs. FISMX - Volatility Comparison
Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) has a higher volatility of 7.61% compared to Fidelity International Small Cap Fund (FISMX) at 5.72%. This indicates that VSS's price experiences larger fluctuations and is considered to be riskier than FISMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VSS | FISMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.61% | 5.72% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 11.00% | 8.69% | +2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.37% | 13.31% | +3.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 13.36% | +2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.17% | 13.93% | +3.24% |