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Fidelity Global Equity Income Fund (FGILX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US31618H4810

CUSIP

31618H481

Issuer

Fidelity

Inception Date

May 2, 2012

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FGILX vs. FWWFX FGILX vs. VTIAX FGILX vs. vti FGILX vs. SPY FGILX vs. FNILX FGILX vs. FDGRX FGILX vs. VT FGILX vs. FXAIX FGILX vs. OBIOX
Popular comparisons:
FGILX vs. FWWFX FGILX vs. VTIAX FGILX vs. vti FGILX vs. SPY FGILX vs. FNILX FGILX vs. FDGRX FGILX vs. VT FGILX vs. FXAIX FGILX vs. OBIOX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Global Equity Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.72%
12.53%
FGILX (Fidelity Global Equity Income Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity Global Equity Income Fund had a return of 16.16% year-to-date (YTD) and 21.98% in the last 12 months. Over the past 10 years, Fidelity Global Equity Income Fund had an annualized return of 9.21%, while the S&P 500 had an annualized return of 11.21%, indicating that Fidelity Global Equity Income Fund did not perform as well as the benchmark.


FGILX

YTD

16.16%

1M

0.58%

6M

6.72%

1Y

21.98%

5Y (annualized)

10.92%

10Y (annualized)

9.21%

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of FGILX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.44%3.46%3.55%-3.06%4.29%-0.20%3.38%2.72%1.01%-2.79%16.16%
20235.65%-2.67%3.11%1.49%-2.28%4.84%2.28%-3.03%-3.70%-2.50%7.47%4.53%15.33%
2022-2.29%-1.96%1.14%-4.95%0.42%-7.27%5.46%-4.19%-8.49%8.23%7.06%-4.14%-11.93%
2021-1.21%2.64%3.02%3.66%2.57%-0.10%0.96%2.08%-3.15%4.12%-2.12%5.49%19.05%
2020-1.54%-7.61%-11.06%9.25%4.29%2.51%5.29%4.73%-2.85%-3.48%11.51%5.06%14.49%
20195.83%3.72%2.17%3.04%-4.92%5.55%0.03%-0.43%2.37%3.05%3.07%3.68%30.20%
20184.07%-4.91%-2.93%1.01%0.64%0.07%2.92%0.35%-0.07%-6.06%1.48%-7.37%-10.93%
20171.40%3.00%1.02%1.95%1.91%0.60%1.84%0.22%2.35%2.32%1.62%1.91%22.06%
2016-4.28%-0.88%5.84%-0.07%1.00%-1.49%3.29%-0.00%0.98%-1.89%-0.25%1.48%3.42%
2015-1.09%4.82%-0.81%2.49%1.04%-1.42%1.28%-6.03%-3.71%6.45%0.50%-0.19%2.73%
2014-3.47%5.10%1.19%-0.48%2.31%1.79%-1.55%1.64%-2.46%1.65%1.79%-0.26%7.19%
20134.28%-0.09%2.61%3.43%0.00%-2.03%5.45%-2.84%4.52%3.72%1.48%2.97%25.70%

Expense Ratio

FGILX has a high expense ratio of 1.02%, indicating higher-than-average management fees.


Expense ratio chart for FGILX: current value at 1.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.02%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FGILX is 74, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of FGILX is 7474
Combined Rank
The Sharpe Ratio Rank of FGILX is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of FGILX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FGILX is 6565
Omega Ratio Rank
The Calmar Ratio Rank of FGILX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of FGILX is 7676
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Global Equity Income Fund (FGILX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FGILX, currently valued at 2.25, compared to the broader market-1.000.001.002.003.004.005.002.252.53
The chart of Sortino ratio for FGILX, currently valued at 3.10, compared to the broader market0.005.0010.003.103.39
The chart of Omega ratio for FGILX, currently valued at 1.41, compared to the broader market1.002.003.004.001.411.47
The chart of Calmar ratio for FGILX, currently valued at 3.53, compared to the broader market0.005.0010.0015.0020.003.533.65
The chart of Martin ratio for FGILX, currently valued at 14.07, compared to the broader market0.0020.0040.0060.0080.00100.0014.0716.21
FGILX
^GSPC

The current Fidelity Global Equity Income Fund Sharpe ratio is 2.25. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Global Equity Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.25
2.53
FGILX (Fidelity Global Equity Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Global Equity Income Fund provided a 1.04% dividend yield over the last twelve months, with an annual payout of $0.22 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.22$0.23$0.19$0.13$0.17$0.23$0.25$0.17$0.15$0.37$1.25$0.49

Dividend yield

1.04%1.25%1.21%0.71%0.98%1.47%2.06%1.18%1.27%3.06%10.44%3.95%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Global Equity Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.04$0.00$0.00$0.09$0.00$0.00$0.04$0.00$0.17
2023$0.00$0.00$0.00$0.04$0.00$0.00$0.11$0.00$0.00$0.04$0.00$0.05$0.23
2022$0.00$0.00$0.00$0.02$0.00$0.00$0.07$0.00$0.00$0.05$0.00$0.05$0.19
2021$0.00$0.00$0.00$0.03$0.00$0.00$0.05$0.00$0.00$0.03$0.00$0.01$0.13
2020$0.00$0.00$0.00$0.04$0.00$0.00$0.06$0.00$0.00$0.03$0.00$0.04$0.17
2019$0.00$0.00$0.00$0.05$0.00$0.00$0.10$0.00$0.00$0.05$0.00$0.03$0.23
2018$0.00$0.00$0.00$0.03$0.00$0.00$0.10$0.00$0.00$0.08$0.00$0.04$0.25
2017$0.00$0.00$0.00$0.01$0.00$0.00$0.07$0.00$0.00$0.05$0.00$0.04$0.17
2016$0.00$0.00$0.00$0.01$0.00$0.00$0.07$0.00$0.00$0.04$0.00$0.04$0.15
2015$0.00$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.03$0.00$0.24$0.37
2014$0.00$0.00$0.00$0.14$0.00$0.00$0.06$0.00$0.00$0.03$0.00$1.02$1.25
2013$0.05$0.00$0.00$0.09$0.00$0.00$0.03$0.00$0.33$0.49

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.00%
-0.53%
FGILX (Fidelity Global Equity Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Global Equity Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Global Equity Income Fund was 30.59%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.

The current Fidelity Global Equity Income Fund drawdown is 1.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.59%Feb 13, 202027Mar 23, 202099Aug 12, 2020126
-21.4%Jan 5, 2022186Sep 30, 2022310Dec 26, 2023496
-19.28%Jan 29, 2018229Dec 24, 2018181Sep 13, 2019410
-14.38%May 22, 2015183Feb 11, 2016247Feb 3, 2017430
-8.43%Jul 7, 201473Oct 16, 201427Nov 24, 2014100

Volatility

Volatility Chart

The current Fidelity Global Equity Income Fund volatility is 2.89%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.89%
3.97%
FGILX (Fidelity Global Equity Income Fund)
Benchmark (^GSPC)