COSNX vs. FSGEX
COSNX (Columbia Overseas Core Fund) and FSGEX (Fidelity Series Global ex U.S. Index Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, COSNX returned 8.75%/yr vs 9.21%/yr for FSGEX. Their correlation of 0.94 means they have usually moved in the same direction. COSNX charges 0.97%/yr vs 0.01%/yr for FSGEX.
Performance
COSNX vs. FSGEX - Performance Comparison
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Returns By Period
In the year-to-date period, COSNX achieves a 8.17% return, which is significantly lower than FSGEX's 13.66% return.
COSNX
- 1D
- 2.60%
- 1M
- 2.18%
- 6M
- 2.05%
- YTD
- 8.17%
- 1Y
- 22.11%
- 3Y*
- 17.09%
- 5Y*
- 8.75%
- 10Y*
- —
- ALL TIME*
- 7.83%
FSGEX
- 1D
- 2.87%
- 1M
- 0.34%
- 6M
- 7.66%
- YTD
- 13.66%
- 1Y
- 29.13%
- 3Y*
- 17.36%
- 5Y*
- 9.21%
- 10Y*
- 9.52%
- ALL TIME*
- 6.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
COSNX vs. FSGEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
COSNX Columbia Overseas Core Fund | 8.17% | 38.31% | 3.42% | 15.51% | -14.92% | 9.60% | 8.65% | 25.39% | -17.16% |
FSGEX Fidelity Series Global ex U.S. Index Fund | 13.66% | 32.99% | 5.34% | 15.56% | -15.75% | 7.77% | 10.75% | 21.41% | -15.45% |
Correlation
The correlation between COSNX and FSGEX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2018 | 0.94 |
The correlation between COSNX and FSGEX has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.
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Return for Risk
COSNX vs. FSGEX — Risk / Return Rank
COSNX
FSGEX
COSNX vs. FSGEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Overseas Core Fund (COSNX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COSNX | FSGEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.31 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 2.47 | -0.67 |
| Martin ratioReturn relative to average drawdown | 5.85 | 9.15 | -3.29 |
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Drawdowns
COSNX vs. FSGEX - Drawdown Comparison
The maximum COSNX drawdown since its inception was -36.68%, which is greater than FSGEX's maximum drawdown of -34.74%. Use the drawdown chart below to compare losses from any high point for COSNX and FSGEX.
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Drawdown Indicators
| COSNX | FSGEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.68% | -34.74% | -1.94% |
Max Drawdown (1Y)Largest decline over 1 year | -11.83% | -11.24% | -0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -13.43% | -13.34% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -31.39% | -29.44% | -1.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.74% | — |
Current DrawdownCurrent decline from peak | -2.44% | -2.30% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -7.53% | -8.39% | +0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 3.03% | +0.58% |
Volatility
COSNX vs. FSGEX - Volatility Comparison
The current volatility for Columbia Overseas Core Fund (COSNX) is 4.90%, while Fidelity Series Global ex U.S. Index Fund (FSGEX) has a volatility of 5.45%. This indicates that COSNX experiences smaller price fluctuations and is considered to be less risky than FSGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COSNX | FSGEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 5.45% | -0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 14.55% | -1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.35% | 16.43% | -1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.95% | 15.74% | +0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.37% | 16.12% | +1.25% |
COSNX vs. FSGEX - Expense Ratio Comparison
COSNX has a 0.97% expense ratio, which is higher than FSGEX's 0.01% expense ratio.
Dividends
COSNX vs. FSGEX - Dividend Comparison
COSNX's dividend yield for the trailing twelve months is around 16.36%, more than FSGEX's 2.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COSNX Columbia Overseas Core Fund | 16.36% | 9.55% | 4.25% | 4.59% | 1.46% | 8.15% | 2.25% | 3.80% | 1.16% | 0.00% | 0.00% | 0.00% |
FSGEX Fidelity Series Global ex U.S. Index Fund | 2.66% | 3.02% | 2.98% | 2.90% | 2.78% | 2.59% | 1.68% | 2.10% | 2.86% | 2.48% | 2.56% | 2.61% |
Frequently Asked Questions
With a correlation of 0.94, COSNX and FSGEX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FSGEX has higher volatility (5.45%) compared to COSNX (4.90%). In terms of maximum drawdown, COSNX dropped -36.68% vs FSGEX's -34.74%.
FSGEX currently has the higher Sharpe Ratio (1.69 vs 1.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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