XJH vs. FZIPX
Compare and contrast key facts about iShares ESG Screened S&P Mid-Cap ETF (XJH) and Fidelity ZERO Extended Market Index Fund (FZIPX).
XJH is a passively managed fund by iShares that tracks the performance of the S&P MidCap 400 Sustainability Screened Index. It was launched on Sep 22, 2020. FZIPX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XJH or FZIPX.
Key characteristics
| XJH | FZIPX | |
|---|---|---|
| YTD Return | 18.76% | 18.61% |
| 1Y Return | 38.47% | 41.18% |
| 3Y Return (Ann) | 5.26% | 3.04% |
| Sharpe Ratio | 2.16 | 2.12 |
| Sortino Ratio | 3.04 | 3.02 |
| Omega Ratio | 1.37 | 1.37 |
| Calmar Ratio | 2.28 | 1.72 |
| Martin Ratio | 12.65 | 11.88 |
| Ulcer Index | 2.90% | 3.30% |
| Daily Std Dev | 16.94% | 18.50% |
| Max Drawdown | -25.07% | -42.71% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between XJH and FZIPX is 0.98, 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
XJH vs. FZIPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with XJH having a 18.76% return and FZIPX slightly lower at 18.61%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XJH vs. FZIPX - Expense Ratio Comparison
XJH has a 0.12% expense ratio, which is higher than FZIPX's 0.00% 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
XJH vs. FZIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Screened S&P Mid-Cap ETF (XJH) 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
XJH vs. FZIPX - Dividend Comparison
XJH's dividend yield for the trailing twelve months is around 1.11%, less than FZIPX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
XJH iShares ESG Screened S&P Mid-Cap ETF | 1.11% | 1.38% | 1.45% | 1.04% | 0.36% | 0.00% | 0.00% |
FZIPX Fidelity ZERO Extended Market Index Fund | 1.20% | 1.43% | 1.64% | 1.23% | 1.24% | 1.26% | 0.50% |
Drawdowns
XJH vs. FZIPX - Drawdown Comparison
The maximum XJH drawdown since its inception was -25.07%, smaller than the maximum FZIPX drawdown of -42.71%. Use the drawdown chart below to compare losses from any high point for XJH and FZIPX. For additional features, visit the drawdowns tool.
Volatility
XJH vs. FZIPX - Volatility Comparison
iShares ESG Screened S&P Mid-Cap ETF (XJH) and Fidelity ZERO Extended Market Index Fund (FZIPX) have volatilities of 5.47% and 5.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.