FSKAX’s worst drop since 2011 was 35%
Fidelity Total Market Index Fund (FSKAX) fell 35% from Feb 2020 to Mar 2020. It took 0.5 years from that peak to close at a new high, in Aug 2020. Over the same years the S&P 500 fell as much as 34%.
That drop is milder than most. It ranks 73rd of the 109 mutual funds PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 2011 to now
How FSKAX held up in each crash
| Crash | Years | FSKAX | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | not trading yet | −47.5% |
| Financial crisis | 2007–09 | not trading yet | −55.2% |
| COVID crash | 2020 | −35.0% | −33.7% |
| 2022 rate shock | 2022 | −25.4% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how FSKAX behaves inside your whole mix, with the worst 12 months, loss odds and crash replays. Free, no signup, and the math runs in your browser.
Open FSKAX in PortfolioAutopsyCheck my whole portfolioQuestions
What was FSKAX’s maximum drawdown?
FSKAX’s deepest fall since 2011 was 35.0%, from its high on February 19, 2020 to its low on March 23, 2020. The figure uses daily prices with dividends reinvested.
How long did FSKAX take to recover?
0.5 years. FSKAX first closed above its Feb 2020 high again on August 12, 2020.
Was FSKAX riskier than the S&P 500?
Over the same years, FSKAX’s worst drop was 35.0% against 33.7% for the S&P 500 (SPY), and its worst 12 months were −21.4% against −19.7%.
Compare with
Daily adjusted closes from Yahoo Finance, September 9, 2011 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.