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Fidelity SAI Emerging Markets Low Volatility Index...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US31635V1171

CUSIP

31635V117

Issuer

Fidelity

Inception Date

Jan 30, 2019

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Value

Expense Ratio

FGKPX has an expense ratio of 0.23%, which is considered low.


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.


Performance

Performance Chart


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Returns By Period

Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX) returned 5.43% year-to-date (YTD) and 8.98% over the past 12 months.


FGKPX

YTD

5.43%

1M

8.38%

6M

3.07%

1Y

8.98%

5Y*

9.73%

10Y*

N/A

^GSPC (Benchmark)

YTD

-0.64%

1M

8.97%

6M

-2.62%

1Y

11.90%

5Y*

15.76%

10Y*

10.69%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-0.18%-0.91%0.55%2.46%3.47%5.43%
2024-1.83%3.45%0.18%-1.80%0.82%3.18%1.76%2.68%2.53%-3.69%-1.11%-0.47%5.54%
20234.50%-4.11%3.06%2.18%-0.97%2.35%4.97%-3.73%-0.47%-3.42%5.91%4.78%15.28%
2022-0.61%0.09%-1.23%-2.84%-1.01%-5.73%0.39%-0.10%-7.72%-1.59%9.58%-2.12%-12.98%
2021-0.38%1.80%2.33%3.10%2.12%0.61%-4.04%4.30%-1.37%-0.35%-0.96%3.42%10.75%
2020-4.98%-5.34%-14.77%9.43%0.70%4.39%4.76%-0.32%-0.21%-0.00%7.86%6.15%5.22%
20190.20%-0.10%1.68%-4.47%3.97%-1.37%-2.78%0.51%2.74%-1.78%5.15%3.38%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FGKPX is 71, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FGKPX is 7171
Overall Rank
The Sharpe Ratio Rank of FGKPX is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of FGKPX is 7575
Sortino Ratio Rank
The Omega Ratio Rank of FGKPX is 7676
Omega Ratio Rank
The Calmar Ratio Rank of FGKPX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FGKPX is 5656
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 SAI Emerging Markets Low Volatility Index Fund (FGKPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Fidelity SAI Emerging Markets Low Volatility Index Fund Sharpe ratios as of May 13, 2025 (values are recalculated daily):

  • 1-Year: 0.85
  • 5-Year: 0.88
  • All Time: 0.37

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Fidelity SAI Emerging Markets Low Volatility Index Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Fidelity SAI Emerging Markets Low Volatility Index Fund provided a 4.42% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The fund has been increasing its distributions for 2 consecutive years.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%$0.00$0.10$0.20$0.30$0.40$0.50201920202021202220232024
Dividends
Dividend Yield
PeriodTTM202420232022202120202019
Dividend$0.52$0.52$0.32$0.18$0.26$0.19$0.19

Dividend yield

4.42%4.66%2.91%1.88%2.30%1.77%1.88%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity SAI Emerging Markets Low Volatility Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.52$0.52
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.32$0.32
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.26$0.26
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19$0.19
2019$0.19$0.19

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity SAI Emerging Markets Low Volatility Index 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 SAI Emerging Markets Low Volatility Index Fund was 32.05%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.

The current Fidelity SAI Emerging Markets Low Volatility Index Fund drawdown is 1.51%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-32.05%Jan 21, 202044Mar 23, 2020179Dec 4, 2020223
-20.69%Feb 10, 2022171Oct 14, 2022337Feb 20, 2024508
-13.02%Sep 27, 2024132Apr 8, 2025
-7.77%May 6, 201971Aug 14, 201988Dec 18, 2019159
-6.47%Jun 15, 202130Jul 27, 2021117Jan 11, 2022147

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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