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 13 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 Stock Index Fund Institu... | 0.06% | — | Jun 2000 | FGKPX vs VEMIX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | FGKPX vs FERGX | |
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | FGKPX vs FPADX |
Best Risk-Adjusted Alternatives to FGKPX
FGKPX has a PortfoliosLab risk / return rank of 53. There are 141 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Lazard Emerging Markets Equity Portfolio | 96 | — | Jul 1994 | FGKPX vs LZEMX | |
| Lazard Emerging Markets Equity Portfolio Class R6 | 96 | — | — | FGKPX vs RLEMX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 94 | — | Oct 2011 | FGKPX vs ESCIX | |
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | FGKPX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 94 | — | Jun 1996 | FGKPX vs DEMAX |
Top Performing FGKPX Alternatives (YTD)
FGKPX is at 15.44% YTD. There are 167 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 87.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 87.69% | — | Jun 1996 | FGKPX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 87.41% | — | Jun 1996 | FGKPX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 86.59% | — | Jun 1996 | FGKPX vs DEMCX | |
| Franklin Templeton SMACS: Series EM | 63.91% | — | Nov 2021 | FGKPX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 45.00% | — | Oct 2021 | FGKPX vs GMAQX |
Lowest Volatility Alternatives to FGKPX
FGKPX has 11.86% 1-year volatility. There are 5 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 9.88% | — | Dec 2016 | FGKPX vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 9.99% | — | Oct 2011 | FGKPX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.49% | — | Dec 2016 | FGKPX vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.51% | — | — | FGKPX vs GQGIX | |
| The Cook & Bynum Fund | 11.74% | — | Jun 2009 | FGKPX vs COBYX |
Lowest Drawdown Alternatives to FGKPX
FGKPX has a 1-year max drawdown of -6.93%. There is 1 mutual fund in the Emerging Markets Equities category with a shallower 1-year drawdown, going as shallow as -5.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | FGKPX vs ESCIX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | FGKPX vs GSIYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | FGKPX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | FGKPX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | FGKPX vs GQGIX |
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 | 70 | 13.76% | — | Feb 1988 | FGKPX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 59.70% | — | Jul 1985 | FGKPX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 70 | 14.34% | — | — | FGKPX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 68 | 14.27% | — | — | FGKPX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 5.34% | — | — | FGKPX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 45 | 16.93% | — | Dec 1987 | FGKPX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 30 | 11.14% | 176.32B | May 1967 | FGKPX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 65 | 13.48% | — | — | FGKPX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 54 | 13.72% | — | Nov 1997 | FGKPX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 64 | 15.36% | — | Jun 2016 | FGKPX vs FTIHX |
Often Compared With FGKPX
Investors most often compare FGKPX with VMMSX, VOO, EDIV. These 20 comparison targets span 5 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