Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX) belongs to the Emerging Markets Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FGKPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FGKPX
FGKPX charges 0.23% annually. There are 5 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | FGKPX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | FGKPX vs FHKFX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 162.80B | Dec 2010 | FGKPX vs VEMRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.10% | — | Jun 2000 | FGKPX vs VEMIX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.13% | 162.80B | Jun 2006 | FGKPX vs VEMAX |
Best Risk-Adjusted Alternatives to FGKPX
FGKPX has a PortfoliosLab risk / return rank of 31. There are 36 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 94 | — | Jun 1996 | FGKPX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 94 | — | Jun 1996 | FGKPX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 89 | — | Jul 2022 | FGKPX vs WXCIX | |
| Templeton Emerging Markets Fund | 86 | — | Feb 1987 | FGKPX vs EMF | |
| JPMorgan Emerging Markets Equity Fund Class R6 | 85 | — | Dec 2013 | FGKPX vs JEMWX |
Top Performing FGKPX Alternatives (YTD)
FGKPX is at 11.45% YTD. There are 31 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 88.53%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 88.53% | — | Jun 1996 | FGKPX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 87.77% | — | Jun 1996 | FGKPX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 39.62% | — | Jul 2022 | FGKPX vs WXCIX | |
| Templeton Emerging Markets Fund | 33.51% | — | Feb 1987 | FGKPX vs EMF | |
| Calamos Evolving World Growth Fund Class I | 31.75% | — | — | FGKPX vs CNWIX |
Lowest Volatility Alternatives to FGKPX
FGKPX has 11.39% 1-year volatility. No mutual funds in the Emerging Markets Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 11.45%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GQG Partners Emerging Markets Equity Fund Institut... | 11.45% | — | — | FGKPX vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 13.30% | — | May 2016 | FGKPX vs SIVLX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 14.16% | — | Jan 2008 | FGKPX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.63% | — | Nov 2011 | FGKPX vs FEDTX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.64% | — | Nov 2011 | FGKPX vs FEDIX |
Lowest Drawdown Alternatives to FGKPX
FGKPX has a 1-year max drawdown of -6.93%. No mutual funds in the Emerging Markets Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -9.11%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | FGKPX vs GQGIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | FGKPX vs SFENX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | FGKPX vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.55% | — | Oct 2018 | FGKPX vs FIQGX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.58% | — | Nov 2011 | FGKPX vs FEDIX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 66 | 10.88% | — | Feb 1988 | FGKPX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 91 | 64.98% | — | Jul 1985 | FGKPX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 66 | 11.42% | — | — | FGKPX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 11.41% | — | — | FGKPX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 18 | 4.46% | — | — | FGKPX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 58 | 15.62% | — | Dec 1987 | FGKPX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 36 | 9.99% | 176.32B | May 1967 | FGKPX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 62 | 10.70% | — | — | FGKPX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 40 | 10.13% | — | Nov 1997 | FGKPX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 57 | 12.70% | — | Jun 2016 | FGKPX vs FTIHX |
Often Compared With FGKPX
Investors most often compare FGKPX with FPADX, VMMSX, VOO. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FGKPX with Any Fund or Stock
Compare FGKPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FGKPX with funds that move differently
Fidelity SAI Emerging Markets Low Volatility Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FGKPX.
Explore FGKPX Diversifiers