Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX)
The fund normally invests at least 80% of assets in securities included in the Fidelity Emerging Markets Low Volatility Focus Index?, which reflects the performance of a broad range of emerging market equities that in the aggregate have lower volatility relative to the broader emerging equity markets.
Fund Info
| ISIN | US31635V1171 |
|---|---|
| CUSIP | 31635V117 |
| Issuer | Fidelity |
| Inception Date | Jan 30, 2019 |
| Category | Emerging Markets Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
The Fidelity SAI Emerging Markets Low Volatility Index Fund has a high expense ratio of 0.23%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity SAI Emerging Markets Low Volatility Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity SAI Emerging Markets Low Volatility Index Fund had a return of -0.27% year-to-date (YTD) and 10.02% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.27% | 5.84% |
| 1 month | -2.06% | -2.98% |
| 6 months | 11.33% | 22.02% |
| 1 year | 10.02% | 24.47% |
| 5 years (annualized) | 3.52% | 11.44% |
| 10 years (annualized) | N/A | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.83% | 3.45% | 0.18% | |||||||||
| 2023 | -0.47% | -3.42% | 5.91% | 4.78% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Fidelity SAI Emerging Markets Low Volatility Index Fund(FGKPX)
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.
Dividends
Dividend History
Fidelity SAI Emerging Markets Low Volatility Index Fund granted a 2.91% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.32 | $0.18 | $0.26 | $0.19 | $0.19 |
Dividend yield | 2.91% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 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 |
| 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 |
| 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 |
| 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 |
| 2019 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 3.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.05% | Jan 21, 2020 | 44 | Mar 23, 2020 | 179 | Dec 4, 2020 | 223 |
| -20.69% | Feb 10, 2022 | 171 | Oct 14, 2022 | 337 | Feb 20, 2024 | 508 |
| -7.77% | May 6, 2019 | 71 | Aug 14, 2019 | 88 | Dec 18, 2019 | 159 |
| -6.47% | Jun 15, 2021 | 30 | Jul 27, 2021 | 117 | Jan 11, 2022 | 147 |
| -4.36% | Jan 22, 2021 | 6 | Jan 29, 2021 | 8 | Feb 10, 2021 | 14 |
Volatility
Volatility Chart
The current Fidelity SAI Emerging Markets Low Volatility Index Fund volatility is 2.40%, 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.