EDEN vs. FAGIX
EDEN (iShares MSCI Denmark ETF) and FAGIX (Fidelity Capital & Income Fund) are both funds - EDEN is a Europe Equities fund tracking the MSCI Denmark IMI 25/50 Index, while FAGIX is a High Yield Bonds fund actively managed by Fidelity. EDEN is passively managed, while FAGIX is actively managed. Over the past 10 years, EDEN returned 9.22%/yr vs 8.03%/yr for FAGIX. A 0.54 correlation means they provide meaningful diversification when combined. EDEN charges 0.53%/yr vs 0.67%/yr for FAGIX.
Performance
EDEN vs. FAGIX - Performance Comparison
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Returns By Period
In the year-to-date period, EDEN achieves a -3.05% return, which is significantly lower than FAGIX's 7.40% return. Over the past 10 years, EDEN has outperformed FAGIX with an annualized return of 9.22%, while FAGIX has yielded a comparatively lower 8.03% annualized return.
EDEN
- 1D
- -0.01%
- 1M
- -1.61%
- YTD
- -3.05%
- 6M
- -2.55%
- 1Y
- -6.97%
- 3Y*
- 2.87%
- 5Y*
- 2.08%
- 10Y*
- 9.22%
FAGIX
- 1D
- 1.15%
- 1M
- 0.25%
- YTD
- 7.40%
- 6M
- 7.95%
- 1Y
- 16.73%
- 3Y*
- 12.87%
- 5Y*
- 6.75%
- 10Y*
- 8.03%
EDEN vs. FAGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | -3.05% | 10.58% | -3.94% | 17.99% | -11.47% | 14.81% | 42.56% | 24.37% | -14.43% | 35.39% |
FAGIX Fidelity Capital & Income Fund | 7.40% | 12.38% | 10.69% | 13.02% | -11.50% | 11.13% | 9.95% | 18.96% | -7.17% | 11.66% |
Correlation
The correlation between EDEN and FAGIX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2012 | 0.54 |
The correlation between EDEN and FAGIX has been stable across timeframes, ranging from 0.49 to 0.55 - a consistent structural relationship.
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Return for Risk
EDEN vs. FAGIX — Risk / Return Rank
EDEN
FAGIX
EDEN vs. FAGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Denmark ETF (EDEN) and Fidelity Capital & Income Fund (FAGIX). 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.
| EDEN | FAGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.97 | ||
| Sortino ratioReturn per unit of downside risk | -4.08 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.52 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 4.85 | -5.18 |
| Martin ratioReturn relative to average drawdown | -0.72 | 19.86 | -20.58 |
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Drawdowns
EDEN vs. FAGIX - Drawdown Comparison
The maximum EDEN drawdown since its inception was -36.61%, roughly equal to the maximum FAGIX drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for EDEN and FAGIX.
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Drawdown Indicators
| EDEN | FAGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.61% | -37.97% | +1.36% |
Max Drawdown (1Y)Largest decline over 1 year | -21.17% | -3.49% | -17.68% |
Max Drawdown (3Y)Largest decline over 3 years | -29.31% | -7.26% | -22.05% |
Max Drawdown (5Y)Largest decline over 5 years | -36.61% | -15.42% | -21.19% |
Max Drawdown (10Y)Largest decline over 10 years | -36.61% | -28.45% | -8.16% |
Current DrawdownCurrent decline from peak | -13.55% | -1.04% | -12.51% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -6.98% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.27% | 0.85% | +9.42% |
Volatility
EDEN vs. FAGIX - Volatility Comparison
iShares MSCI Denmark ETF (EDEN) has a higher volatility of 4.93% compared to Fidelity Capital & Income Fund (FAGIX) at 2.71%. This indicates that EDEN's price experiences larger fluctuations and is considered to be riskier than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDEN | FAGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 2.71% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 15.72% | 5.30% | +10.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.90% | 6.42% | +14.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.25% | 6.66% | +13.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.41% | 7.84% | +11.57% |
EDEN vs. FAGIX - Expense Ratio Comparison
EDEN has a 0.53% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Dividends
EDEN vs. FAGIX - Dividend Comparison
EDEN's dividend yield for the trailing twelve months is around 2.87%, less than FAGIX's 4.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | 2.87% | 2.79% | 1.50% | 1.92% | 1.47% | 0.74% | 0.42% | 2.36% | 2.01% | 2.03% | 1.28% | 1.46% |
FAGIX Fidelity Capital & Income Fund | 4.47% | 4.74% | 5.02% | 5.28% | 10.25% | 6.08% | 4.59% | 5.00% | 5.67% | 5.05% | 4.57% | 4.51% |
Frequently Asked Questions
EDEN and FAGIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDEN has higher volatility (4.93%) compared to FAGIX (2.71%). In terms of maximum drawdown, EDEN dropped -36.61% vs FAGIX's -37.97%.
FAGIX currently has the higher Sharpe Ratio (2.63 vs -0.34), 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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