Key characteristics
FSPSX | FTIHX | |
---|---|---|
YTD Return | 4.52% | 3.12% |
1Y Return | 19.99% | 16.99% |
3Y Return (Ann) | 4.22% | 0.88% |
5Y Return (Ann) | 7.14% | 5.71% |
Sharpe Ratio | 1.70 | 1.45 |
Daily Std Dev | 12.69% | 12.68% |
Max Drawdown | -33.69% | -35.75% |
Current Drawdown | -0.96% | -3.48% |
Correlation
0.97
-1.001.00
The correlation between FSPSX and FTIHX 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.
FSPSX vs. FTIHX - Performance Comparison
In the year-to-date period, FSPSX achieves a 4.52% return, which is significantly higher than FTIHX's 3.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
FSPSX
FTIHX
Compare stocks, funds, or ETFs
FSPSX vs. FTIHX - Dividend Comparison
FSPSX's dividend yield for the trailing twelve months is around 2.67%, less than FTIHX's 2.70% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FSPSX Fidelity International Index Fund | 2.67% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% | 3.53% | 2.59% |
FTIHX Fidelity Total International Index Fund | 2.70% | 2.78% | 2.51% | 2.55% | 1.62% | 2.61% | 2.21% | 1.81% | 0.47% | 0.00% | 0.00% | 0.00% |
FSPSX vs. FTIHX - Expense Ratio Comparison
FSPSX has a 0.04% expense ratio, which is lower than FTIHX's 0.06% expense ratio.
FSPSX vs. FTIHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Index Fund (FSPSX) and Fidelity Total International Index Fund (FTIHX). 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
FSPSX Fidelity International Index Fund | 1.70 | ||||
FTIHX Fidelity Total International Index Fund | 1.45 |
FSPSX vs. FTIHX - Sharpe Ratio Comparison
The current FSPSX Sharpe Ratio is 1.70, which roughly equals the FTIHX Sharpe Ratio of 1.45. The chart below compares the 12-month rolling Sharpe Ratio of FSPSX and FTIHX.
FSPSX
FTIHX
FSPSX vs. FTIHX - Drawdown Comparison
The maximum FSPSX drawdown since its inception was -33.69%, smaller than the maximum FTIHX drawdown of -35.75%. The drawdown chart below compares losses from any high point along the way for FSPSX and FTIHX
FSPSX
FTIHX
FSPSX vs. FTIHX - Volatility Comparison
Fidelity International Index Fund (FSPSX) and Fidelity Total International Index Fund (FTIHX) have volatilities of 2.81% and 2.73%, 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.
FSPSX
FTIHX