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Fidelity Global ex U.S. Index Fund (FSGGX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3161463159
CUSIP
316146315
Issuer
Fidelity
Inception Date
Aug 9, 2011
Region
Global ex-U.S. (Broad)
Min. Investment
$0
Index Tracked
MSCI ACWI (All Country World Index) ex USA Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Global ex U.S. 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.


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S&P 500 Index

Returns By Period

Fidelity Global ex U.S. Index Fund (FSGGX) has returned -1.18% so far this year and 23.73% over the past 12 months. Over the last ten years, FSGGX has returned 8.09% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Fidelity Global ex U.S. Index Fund

1D
-0.05%
1M
-11.05%
YTD
-1.18%
6M
3.57%
1Y
23.73%
3Y*
14.32%
5Y*
6.96%
10Y*
8.09%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 9, 2011, FSGGX's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, your investment would double in approximately 9.1 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2022 with a return of +13.8%, while the worst month was Mar 2020 at -15.3%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FSGGX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +8.0%, while the worst single day was Mar 16, 2020 at -10.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.57%5.23%-11.05%-1.18%
20253.81%2.14%0.13%3.14%4.62%3.75%-1.17%4.01%3.80%1.86%0.11%2.78%32.93%
2024-1.63%3.18%3.15%-2.24%3.96%-0.60%2.48%2.62%2.43%-4.74%-0.46%-2.52%5.30%
20238.53%-4.19%2.91%1.86%-3.58%4.47%3.70%-4.48%-3.37%-3.41%8.40%5.03%15.57%
2022-2.55%-3.29%-0.35%-6.41%1.71%-8.19%3.35%-4.09%-9.97%3.57%13.79%-2.41%-15.75%
20210.14%1.99%1.48%2.72%3.22%-0.56%-1.63%1.72%-3.52%2.73%-4.18%3.75%7.74%

Benchmark Metrics

Fidelity Global ex U.S. Index Fund has an annualized alpha of -2.44%, beta of 0.79, and R² of 0.70 versus S&P 500 Index. Calculated based on daily prices since September 12, 2011.

  • This fund participated in 97.46% of S&P 500 Index downside but only 74.99% of its upside — more exposed to losses than it benefited from rallies.
  • This fund had an annualized alpha of -2.44% versus S&P 500 Index — delivering less than market exposure alone would predict.

Alpha
-2.44%
Beta
0.79
0.70
Upside Capture
74.99%
Downside Capture
97.46%

Expense Ratio

FSGGX has an expense ratio of 0.06%, which is considered low.


Return for Risk

Risk / Return Rank

FSGGX ranks 77 for risk / return — better than 77% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FSGGX Risk / Return Rank: 7777
Overall Rank
FSGGX Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
FSGGX Sortino Ratio Rank: 7676
Sortino Ratio Rank
FSGGX Omega Ratio Rank: 7575
Omega Ratio Rank
FSGGX Calmar Ratio Rank: 7878
Calmar Ratio Rank
FSGGX Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Global ex U.S. Index Fund (FSGGX) and compare them to a chosen benchmark (S&P 500 Index).


FSGGXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.42

0.90

+0.53

Sortino ratio

Return per unit of downside risk

1.93

1.39

+0.54

Omega ratio

Gain probability vs. loss probability

1.29

1.21

+0.08

Calmar ratio

Return relative to maximum drawdown

1.89

1.40

+0.49

Martin ratio

Return relative to average drawdown

7.45

6.61

+0.85

Explore FSGGX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Global ex U.S. Index Fund provided a 2.73% dividend yield over the last twelve months, with an annual payout of $0.50 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%$0.00$0.10$0.20$0.30$0.40$0.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.50$0.50$0.42$0.42$0.33$0.40$0.25$0.38$0.30$0.03$0.01$0.26

Dividend yield

2.73%2.70%2.91%2.95%2.64%2.60%1.71%2.85%2.66%0.22%0.05%2.44%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.50$0.50
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42$0.42
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42$0.42
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.33$0.33
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.40$0.40

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 Global ex U.S. 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 Global ex U.S. Index Fund was 34.76%, occurring on Mar 23, 2020. Recovery took 163 trading sessions.

The current Fidelity Global ex U.S. Index Fund drawdown is 11.26%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.76%Jan 29, 2018541Mar 23, 2020163Nov 11, 2020704
-29.7%Jun 16, 2021337Oct 14, 2022395May 13, 2024732
-25.64%Jul 7, 2014405Feb 11, 2016329Jun 2, 2017734
-16.02%Mar 20, 201252Jun 1, 201273Sep 14, 2012125
-15.25%Oct 28, 201120Nov 25, 201147Feb 3, 201267

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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