FSPSX vs PXJ Fund Comparison

A comparison between FSPSX and PXJ based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on FSPSX vs PXJ

Here's an in depth look at the differences between Fidelity® International Index Fund($FSPSX) and Invesco Dynamic Oil & Gas Services ETF($PXJ).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

  • fspsx
  • Mutual Fund
  • International Stocks
  • Large Blend

Fidelity® International Index Fund

Expenses: 0.04% (Better than 1% of similar funds)

This is a great choice for a Large Blend International Stocks fund. See why »

  • pxj
  • ETF
  • Sector Equity
  • Energy

Invesco Dynamic Oil & Gas Services ETF

Expenses: 0.63% (Better than 1% of similar funds)

This is a bad choice for a Energy Sector Equity fund. See why »

$FSPSX is classified as a Mutual Fund while $PXJ is classified as an ETF. Even though one of these is a mutual fund and the other is an ETF, that doesn't matter too much for their holdings. Both ETFs and mutual funds are just containers to hold lots of investments inside of them.

The biggest differences between these two is where they may be offered. ETFs are more widely availble from a larger number of investment apps and websites. Mutual funds, on the other hand, are generally offered by the platform they're issued by (Fidelity funds on Fidelity, Vanguard funds on Vanguard). Usually 401(k)'s will offer both ETFs and Mutual Funds. If you're investing outside of a 401(k), I'd recommend you verify the fees associated with ETF and mutual fund transactions. Some platforms charge an additional fee to purchase a mutual fund.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

FSPSXPXJ
Market Score 9.7 /10 1.2 /10
Category Score 10.0 /10 0.0 /10
Total19.71.2

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $FSPSX

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, FSPSX has an expense ratio of 0.04% while PXJ has an expense ratio of 0.63%.

Winner: $FSPSX

Fund Size Comparison

One place these two funds differ is in their total assets under management. This is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

In the case of these two funds, FSPSX is a large fund with 24.7 Billion in assets under management. PXJ, on the other hand, is a small fund with 7.45 Million in assets under management.

Winner: $FSPSX, Fidelity® International Index Fund

Which Should You Choose? FSPSX or PXJ?

Comparing these two funds isn't an apples to apples comparison. FSPSX is a International StocksLarge Blend fund, while PXJ is a Sector EquityEnergy fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives FSPSX a score of 97 and PXJ a score of 38.

Winner: $FSPSX, Fidelity® International Index Fund

$FSPSX

Fidelity® International Index Fund

97

Read More
Ratings
Rating TypeRating
Expense Ratio Score10/10
Expense Rating10/10
Market Score10/10
Category Score10/10
Overview
OverviewDetails
Fund TypeMutual Fund
Inception DateNov-5-1997
ExchangeNMFQS
Expense Ratio0.040%
Net Assets24.7 Billion
Yield3.42%
Holdings
DescriptionInfo
MarketInternational Stocks
CategoryLarge Blend
Sectors
  • Basic Materials 6.64%
  • Communication Services 6.51%
  • Consumer Cyclical 9.73%
  • Consumer Defensive 12.30%
  • Energy 3.91%
  • Financial Services 16.17%
  • Healthcare 15.14%
  • Industrials 14.20%
  • Real Estate 3.32%
  • Technology 8.12%
  • Utilities 3.95%
Regions
  • Africa/Middle East 0.60%
  • Asia Developed 4.74%
  • Asia Emerging 0.44%
  • Australasia 6.63%
  • Europe Developed 45.80%
  • Japan 25.96%
  • North America 0.63%
  • United Kingdom 15.20%

$PXJ

Invesco Dynamic Oil & Gas Services ETF

38

Read More
Ratings
Rating TypeRating
Diversification Score7/10
Expense Ratio Score7/10
Expense Rating4/10
Market Score1/10
Category Score0/10
Overview
OverviewDetails
Fund TypeETF
Inception DateOct-26-2005
ExchangeNYSE ARCA
Expense Ratio0.630%
Net Assets7.45 Million
Yield3.03%
Holdings
DescriptionInfo
MarketSector Equity
CategoryEnergy
Sectors
  • Basic Materials 0.00%
  • Communication Services 0.00%
  • Consumer Cyclicals 0.00%
  • Consumer Defensive 0.00%
  • Energy 93.02%
  • Financial Services 0.00%
  • Healthcare 0.00%
  • Industrials 6.98%
  • Real Estate 0.00%
  • Technology 0.00%
  • Utilities 0.00%
Regions
  • Asia Emerging 3.13%
  • Europe Emerging 5.73%
  • North America 91.14%

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