DGT vs. FWWFX

Last updated Jun 24, 2026

DGT (State Street SPDR Global Dow ETF) and FWWFX (Fidelity Worldwide Fund) are both Global Equities funds. DGT is passively managed, while FWWFX is actively managed. Over the past 10 years, DGT returned 14.42%/yr vs 15.99%/yr for FWWFX. Their correlation of 0.80 suggests significant overlap in exposure. DGT charges 0.50%/yr vs 0.77%/yr for FWWFX.

Performance

DGT vs. FWWFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR Global Dow ETF (DGT) and Fidelity Worldwide Fund (FWWFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGT achieves a 10.92% return, which is significantly lower than FWWFX's 24.21% return. Over the past 10 years, DGT has underperformed FWWFX with an annualized return of 14.42%, while FWWFX has yielded a comparatively higher 15.99% annualized return.

DGT

• 1D: -1.17%
• 1M: -1.23%
• YTD: 10.92%
• 6M: 10.57%
• 1Y: 28.50%
• 3Y*: 21.71%
• 5Y*: 13.70%
• 10Y*: 14.42%

FWWFX

• 1D: 0.36%
• 1M: 6.09%
• YTD: 24.21%
• 6M: 23.16%
• 1Y: 42.69%
• 3Y*: 26.09%
• 5Y*: 12.87%
• 10Y*: 15.99%

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

DGT vs. FWWFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGT State Street SPDR Global Dow ETF	10.92%	30.04%	14.15%	20.95%	-8.00%	21.50%	9.67%	22.19%	-9.65%	24.87%
FWWFX Fidelity Worldwide Fund	24.21%	16.16%	27.65%	24.96%	-25.74%	18.49%	30.91%	28.97%	-4.53%	28.72%

Correlation

The correlation between DGT and FWWFX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Oct 2, 2000	0.80

The correlation between DGT and FWWFX has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.

Return for Risk

DGT vs. FWWFX — Risk / Return Rank

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

DGT

DGT Risk / Return Rank: 75
DGT Sharpe Ratio Rank: 76
DGT Sortino Ratio Rank: 75
DGT Omega Ratio Rank: 76
DGT Calmar Ratio Rank: 71
DGT Martin Ratio Rank: 76

FWWFX

FWWFX Risk / Return Rank: 77
FWWFX Sharpe Ratio Rank: 77
FWWFX Sortino Ratio Rank: 66
FWWFX Omega Ratio Rank: 68
FWWFX Calmar Ratio Rank: 84
FWWFX Martin Ratio Rank: 88

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.

DGT vs. FWWFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Global Dow ETF (DGT) and Fidelity Worldwide Fund (FWWFX). 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.

	DGT	FWWFX	Difference
Sharpe ratio: Return per unit of total volatility	2.29	2.36	-0.07
Sortino ratio: Return per unit of downside risk	3.17	3.08	+0.09
Omega ratio: Gain probability vs. loss probability	1.42	1.42	0.00
Calmar ratio: Return relative to maximum drawdown	3.41	3.74	-0.33
Martin ratio: Return relative to average drawdown	13.69	15.86	-2.17

DGT vs. FWWFX - Sharpe Ratio Comparison

The current DGT Sharpe Ratio is 2.29, which is comparable to the FWWFX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of DGT and FWWFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DGT vs. FWWFX - Drawdown Comparison

The maximum DGT drawdown since its inception was -55.36%, roughly equal to the maximum FWWFX drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for DGT and FWWFX.

Drawdown Indicators

	DGT	FWWFX	Difference
Max Drawdown Largest peak-to-trough decline	-55.36%	-56.54%	+1.18%
Max Drawdown (1Y) Largest decline over 1 year	-8.38%	-11.74%	+3.36%
Max Drawdown (3Y) Largest decline over 3 years	-14.67%	-22.61%	+7.94%
Max Drawdown (5Y) Largest decline over 5 years	-25.18%	-33.72%	+8.54%
Max Drawdown (10Y) Largest decline over 10 years	-34.40%	-33.72%	-0.68%
Current Drawdown Current decline from peak	-2.39%	0.00%	-2.39%
Average Drawdown Average peak-to-trough decline	-13.80%	-9.42%	-4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	2.77%	-0.68%

Volatility

DGT vs. FWWFX - Volatility Comparison

The current volatility for State Street SPDR Global Dow ETF (DGT) is 4.33%, while Fidelity Worldwide Fund (FWWFX) has a volatility of 7.76%. This indicates that DGT experiences smaller price fluctuations and is considered to be less risky than FWWFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGT	FWWFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	7.76%	-3.43%
Volatility (6M) Calculated over the trailing 6-month period	10.27%	15.14%	-4.87%
Volatility (1Y) Calculated over the trailing 1-year period	12.51%	18.69%	-6.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	19.13%	-3.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	18.91%	-2.07%

DGT vs. FWWFX - Expense Ratio Comparison

DGT has a 0.50% expense ratio, which is lower than FWWFX's 0.77% expense ratio.

Dividends

DGT vs. FWWFX - Dividend Comparison

DGT's dividend yield for the trailing twelve months is around 2.53%, less than FWWFX's 9.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGT State Street SPDR Global Dow ETF	2.53%	2.78%	2.83%	2.53%	3.15%	2.66%	1.97%	2.76%	2.50%	1.93%	2.31%	2.37%
FWWFX Fidelity Worldwide Fund	9.29%	11.54%	14.64%	0.94%	6.29%	12.76%	8.08%	4.87%	9.63%	6.24%	1.22%	3.38%

Frequently Asked Questions

Can I hold both DGT and FWWFX in my portfolio?

DGT and FWWFX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DGT or FWWFX?

FWWFX has higher volatility (7.76%) compared to DGT (4.33%). In terms of maximum drawdown, DGT dropped -55.36% vs FWWFX's -56.54%.

Which has better risk-adjusted returns?

FWWFX currently has the higher Sharpe Ratio (2.36 vs 2.29), 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.