BDOKX vs. FSGEX

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI Total International Index Fund Class K (BDOKX) and Fidelity Series Global ex U.S. Index Fund (FSGEX).

BDOKX is a passively managed fund by iShares that tracks the performance of the MSCI ACWI ex USA Index. It was launched on Jun 30, 2011. FSGEX is managed by Fidelity. It was launched on Sep 29, 2009.

Performance

BDOKX vs. FSGEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Total International Index Fund Class K (BDOKX) and Fidelity Series Global ex U.S. Index Fund (FSGEX). The values are adjusted to include any dividend payments, if applicable.

BDOKX vs. FSGEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BDOKX iShares MSCI Total International Index Fund Class K	-1.23%	32.56%	5.37%	15.26%	-16.40%	7.68%	10.77%	23.11%	-13.91%	26.40%
FSGEX Fidelity Series Global ex U.S. Index Fund	-1.20%	32.99%	5.34%	15.56%	-15.75%	7.77%	10.75%	21.41%	-13.99%	27.47%

Returns By Period

The year-to-date returns for both investments are quite close, with BDOKX having a -1.23% return and FSGEX slightly higher at -1.20%. Both investments have delivered pretty close results over the past 10 years, with BDOKX having a 8.42% annualized return and FSGEX not far ahead at 8.55%.

BDOKX

• 1D: -0.16%
• 1M: -11.13%
• YTD: -1.23%
• 6M: 3.37%
• 1Y: 23.28%
• 3Y*: 14.06%
• 5Y*: 6.66%
• 10Y*: 8.42%

FSGEX

• 1D: -0.06%
• 1M: -11.07%
• YTD: -1.20%
• 6M: 3.57%
• 1Y: 23.80%
• 3Y*: 14.32%
• 5Y*: 6.98%
• 10Y*: 8.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BDOKX vs. FSGEX - Expense Ratio Comparison

BDOKX has a 0.09% expense ratio, which is higher than FSGEX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

BDOKX

iShares MSCI Total International Index Fund Class K

FSGEX

Fidelity Series Global ex U.S. Index Fund

Return for Risk

BDOKX vs. FSGEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BDOKX

BDOKX Risk / Return Rank: 75
BDOKX Sharpe Ratio Rank: 77
BDOKX Sortino Ratio Rank: 75
BDOKX Omega Ratio Rank: 73
BDOKX Calmar Ratio Rank: 77
BDOKX Martin Ratio Rank: 76

FSGEX

FSGEX Risk / Return Rank: 78
FSGEX Sharpe Ratio Rank: 79
FSGEX Sortino Ratio Rank: 78
FSGEX Omega Ratio Rank: 76
FSGEX Calmar Ratio Rank: 80
FSGEX Martin Ratio Rank: 77

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.

BDOKX vs. FSGEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Total International Index Fund Class K (BDOKX) and Fidelity Series Global ex U.S. Index Fund (FSGEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BDOKX	FSGEX	Difference
Sharpe ratio Return per unit of total volatility	1.40	1.43	-0.03
Sortino ratio Return per unit of downside risk	1.90	1.93	-0.03
Omega ratio Gain probability vs. loss probability	1.28	1.29	-0.01
Calmar ratio Return relative to maximum drawdown	1.85	1.89	-0.05
Martin ratio Return relative to average drawdown	7.31	7.46	-0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BDOKX vs. FSGEX - Sharpe Ratio Comparison

The current BDOKX Sharpe Ratio is 1.40, which is comparable to the FSGEX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of BDOKX and FSGEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BDOKX	FSGEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	1.43	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.46	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.53	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.36	-0.03

Correlation

The correlation between BDOKX and FSGEX is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BDOKX vs. FSGEX - Dividend Comparison

BDOKX's dividend yield for the trailing twelve months is around 2.35%, less than FSGEX's 3.06% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDOKX iShares MSCI Total International Index Fund Class K	2.35%	3.01%	2.84%	2.94%	2.84%	3.01%	1.98%	4.48%	3.28%	1.81%	3.51%	3.87%
FSGEX Fidelity Series Global ex U.S. Index Fund	3.06%	3.02%	2.98%	2.90%	2.78%	2.59%	1.68%	2.10%	2.86%	2.48%	2.56%	2.61%

Drawdowns

BDOKX vs. FSGEX - Drawdown Comparison

The maximum BDOKX drawdown since its inception was -34.22%, roughly equal to the maximum FSGEX drawdown of -34.74%. Use the drawdown chart below to compare losses from any high point for BDOKX and FSGEX.

Drawdown Indicators

	BDOKX	FSGEX	Difference
Max Drawdown Largest peak-to-trough decline	-34.22%	-34.74%	+0.52%
Max Drawdown (1Y) Largest decline over 1 year	-11.38%	-11.24%	-0.14%
Max Drawdown (5Y) Largest decline over 5 years	-30.23%	-29.66%	-0.57%
Max Drawdown (10Y) Largest decline over 10 years	-34.22%	-34.74%	+0.52%
Current Drawdown Current decline from peak	-11.38%	-11.24%	-0.14%
Average Drawdown Average peak-to-trough decline	-8.30%	-8.51%	+0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	2.86%	+0.01%

Volatility

BDOKX vs. FSGEX - Volatility Comparison

iShares MSCI Total International Index Fund Class K (BDOKX) and Fidelity Series Global ex U.S. Index Fund (FSGEX) have volatilities of 7.14% and 7.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BDOKX	FSGEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.14%	7.21%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	10.89%	10.85%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	16.16%	16.09%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.20%	15.14%	+0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	16.12%	+0.04%