EASG vs. FZILX

Last updated Jun 3, 2026

EASG (Xtrackers MSCI EAFE ESG Leaders Equity ETF) and FZILX (Fidelity ZERO International Index Fund) are both funds - EASG is a Foreign Large Cap Equities fund tracking the MSCI EAFE ESG Leaders Index, while FZILX is a Large Cap Blend Equities fund managed by Fidelity. Over the past 5 years, EASG returned 7.13%/yr vs 9.13%/yr for FZILX. Their correlation of 0.92 suggests significant overlap in exposure. EASG charges 0.14%/yr vs 0.00%/yr for FZILX.

Performance

EASG vs. FZILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI EAFE ESG Leaders Equity ETF (EASG) and Fidelity ZERO International Index Fund (FZILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EASG achieves a 8.96% return, which is significantly lower than FZILX's 15.48% return.

EASG

• 1D: 0.53%
• 1M: 3.42%
• YTD: 8.96%
• 6M: 11.59%
• 1Y: 18.95%
• 3Y*: 13.95%
• 5Y*: 7.13%
• 10Y*: —

FZILX

• 1D: 0.53%
• 1M: 5.00%
• YTD: 15.48%
• 6M: 18.76%
• 1Y: 33.05%
• 3Y*: 20.34%
• 5Y*: 9.13%
• 10Y*: —

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

EASG vs. FZILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF	8.96%	25.19%	2.26%	18.80%	-16.94%	11.36%	10.73%	23.66%	-5.41%
FZILX Fidelity ZERO International Index Fund	15.48%	33.52%	5.32%	16.28%	-15.96%	8.19%	11.06%	21.69%	-5.58%

Correlation

The correlation between EASG and FZILX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Nov 5, 2018	0.92

The correlation between EASG and FZILX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

EASG vs. FZILX — Risk / Return Rank

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

EASG

EASG Risk / Return Rank: 35
EASG Sharpe Ratio Rank: 34
EASG Sortino Ratio Rank: 33
EASG Omega Ratio Rank: 32
EASG Calmar Ratio Rank: 35
EASG Martin Ratio Rank: 40

FZILX

FZILX Risk / Return Rank: 61
FZILX Sharpe Ratio Rank: 64
FZILX Sortino Ratio Rank: 58
FZILX Omega Ratio Rank: 61
FZILX Calmar Ratio Rank: 62
FZILX Martin Ratio Rank: 60

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.

EASG vs. FZILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EAFE ESG Leaders Equity ETF (EASG) and Fidelity ZERO International Index Fund (FZILX). 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.

	EASG	FZILX	Difference
Sharpe ratio Return per unit of total volatility	1.23	2.36	-1.13
Sortino ratio Return per unit of downside risk	1.78	3.20	-1.42
Omega ratio Gain probability vs. loss probability	1.22	1.44	-0.22
Calmar ratio Return relative to maximum drawdown	1.73	3.04	-1.31
Martin ratio Return relative to average drawdown	6.39	11.94	-5.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EASG vs. FZILX - Sharpe Ratio Comparison

The current EASG Sharpe Ratio is 1.23, which is lower than the FZILX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of EASG and FZILX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EASG	FZILX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	2.36	-1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.59	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.58	-0.06

Drawdowns

EASG vs. FZILX - Drawdown Comparison

The maximum EASG drawdown since its inception was -32.06%, smaller than the maximum FZILX drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for EASG and FZILX.

Drawdown Indicators

	EASG	FZILX	Difference
Max Drawdown Largest peak-to-trough decline	-32.06%	-34.37%	+2.31%
Max Drawdown (1Y) Largest decline over 1 year	-11.74%	-11.24%	-0.50%
Max Drawdown (3Y) Largest decline over 3 years	-16.14%	-13.47%	-2.67%
Max Drawdown (5Y) Largest decline over 5 years	-31.42%	-29.87%	-1.55%
Current Drawdown Current decline from peak	-0.12%	0.00%	-0.12%
Average Drawdown Average peak-to-trough decline	-6.19%	-6.70%	+0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	2.86%	+0.31%

Volatility

EASG vs. FZILX - Volatility Comparison

Xtrackers MSCI EAFE ESG Leaders Equity ETF (EASG) and Fidelity ZERO International Index Fund (FZILX) have volatilities of 5.03% and 4.97%, 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

	EASG	FZILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	4.97%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	12.55%	12.25%	+0.30%
Volatility (1Y) Calculated over the trailing 1-year period	15.57%	14.64%	+0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.64%	15.52%	+1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.35%	17.32%	+1.03%

EASG vs. FZILX - Expense Ratio Comparison

EASG has a 0.14% expense ratio, which is higher than FZILX's 0.00% 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%.

Dividends

EASG vs. FZILX - Dividend Comparison

EASG's dividend yield for the trailing twelve months is around 3.84%, more than FZILX's 2.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF	3.84%	4.18%	2.93%	2.51%	2.47%	2.69%	1.70%	2.94%	0.85%
FZILX Fidelity ZERO International Index Fund	2.32%	2.67%	3.00%	2.98%	2.71%	2.61%	1.64%	2.37%	0.02%

Frequently Asked Questions

Can I hold both EASG and FZILX in my portfolio?

With a correlation of 0.93, EASG and FZILX 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.

Which is riskier, EASG or FZILX?

EASG has higher volatility (5.03%) compared to FZILX (4.97%). In terms of maximum drawdown, EASG dropped -32.06% vs FZILX's -34.37%.

Which has better risk-adjusted returns?

FZILX currently has the higher Sharpe Ratio (2.36 vs 1.23), 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.