EIPIX vs. FSGGX

Last updated Apr 1, 2026

Compare and contrast key facts about EIP Growth and Income Fund (NEW) (EIPIX) and Fidelity Global ex U.S. Index Fund (FSGGX).

EIPIX is managed by EIP Funds. It was launched on Aug 21, 2006. FSGGX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI (All Country World Index) ex USA Index. It was launched on Aug 9, 2011.

Performance

EIPIX vs. FSGGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EIP Growth and Income Fund (NEW) (EIPIX) and Fidelity Global ex U.S. Index Fund (FSGGX). The values are adjusted to include any dividend payments, if applicable.

EIPIX vs. FSGGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EIPIX EIP Growth and Income Fund (NEW)	18.96%	11.31%	26.74%	6.25%	16.19%	21.80%	-9.85%	23.09%	-11.68%	-0.68%
FSGGX Fidelity Global ex U.S. Index Fund	-1.18%	32.93%	5.30%	15.57%	-15.75%	7.74%	10.73%	21.36%	-13.93%	24.73%

Returns By Period

In the year-to-date period, EIPIX achieves a 18.96% return, which is significantly higher than FSGGX's -1.18% return.

EIPIX

• 1D: -0.15%
• 1M: 1.86%
• YTD: 18.96%
• 6M: 19.69%
• 1Y: 23.90%
• 3Y*: 21.08%
• 5Y*: 18.28%
• 10Y*: —

FSGGX

• 1D: -0.05%
• 1M: -11.05%
• YTD: -1.18%
• 6M: 3.57%
• 1Y: 23.73%
• 3Y*: 14.32%
• 5Y*: 6.96%
• 10Y*: 8.09%

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

EIPIX vs. FSGGX - Expense Ratio Comparison

EIPIX has a 1.25% expense ratio, which is higher than FSGGX's 0.06% expense ratio.

EIPIX

EIP Growth and Income Fund (NEW)

FSGGX

Fidelity Global ex U.S. Index Fund

Return for Risk

EIPIX vs. FSGGX — Risk / Return Rank

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

EIPIX

EIPIX Risk / Return Rank: 85
EIPIX Sharpe Ratio Rank: 87
EIPIX Sortino Ratio Rank: 84
EIPIX Omega Ratio Rank: 86
EIPIX Calmar Ratio Rank: 81
EIPIX Martin Ratio Rank: 86

FSGGX

FSGGX Risk / Return Rank: 78
FSGGX Sharpe Ratio Rank: 79
FSGGX Sortino Ratio Rank: 78
FSGGX Omega Ratio Rank: 76
FSGGX Calmar Ratio Rank: 80
FSGGX 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.

EIPIX vs. FSGGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EIP Growth and Income Fund (NEW) (EIPIX) and Fidelity Global ex U.S. Index Fund (FSGGX). 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.

	EIPIX	FSGGX	Difference
Sharpe ratio Return per unit of total volatility	1.71	1.42	+0.29
Sortino ratio Return per unit of downside risk	2.18	1.93	+0.25
Omega ratio Gain probability vs. loss probability	1.36	1.29	+0.07
Calmar ratio Return relative to maximum drawdown	1.95	1.89	+0.07
Martin ratio Return relative to average drawdown	9.16	7.45	+1.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EIPIX vs. FSGGX - Sharpe Ratio Comparison

The current EIPIX Sharpe Ratio is 1.71, which is comparable to the FSGGX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of EIPIX and FSGGX, 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

	EIPIX	FSGGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	1.42	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	0.46	+0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.43	+0.11

Correlation

The correlation between EIPIX and FSGGX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EIPIX vs. FSGGX - Dividend Comparison

EIPIX's dividend yield for the trailing twelve months is around 13.21%, more than FSGGX's 2.73% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIPIX EIP Growth and Income Fund (NEW)	13.21%	15.71%	7.60%	4.09%	25.10%	3.44%	4.02%	3.44%	3.45%	1.77%	0.78%	0.00%
FSGGX Fidelity Global ex U.S. Index Fund	2.73%	2.70%	2.91%	2.95%	2.64%	2.60%	1.71%	2.85%	2.66%	0.22%	0.05%	2.44%

Drawdowns

EIPIX vs. FSGGX - Drawdown Comparison

The maximum EIPIX drawdown since its inception was -43.98%, which is greater than FSGGX's maximum drawdown of -34.76%. Use the drawdown chart below to compare losses from any high point for EIPIX and FSGGX.

Drawdown Indicators

	EIPIX	FSGGX	Difference
Max Drawdown Largest peak-to-trough decline	-43.98%	-34.76%	-9.22%
Max Drawdown (1Y) Largest decline over 1 year	-12.61%	-11.26%	-1.35%
Max Drawdown (5Y) Largest decline over 5 years	-16.71%	-29.70%	+12.99%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.76%	—
Current Drawdown Current decline from peak	-0.15%	-11.26%	+11.11%
Average Drawdown Average peak-to-trough decline	-5.09%	-7.41%	+2.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	2.85%	-0.16%

Volatility

EIPIX vs. FSGGX - Volatility Comparison

The current volatility for EIP Growth and Income Fund (NEW) (EIPIX) is 2.88%, while Fidelity Global ex U.S. Index Fund (FSGGX) has a volatility of 7.25%. This indicates that EIPIX experiences smaller price fluctuations and is considered to be less risky than FSGGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIPIX	FSGGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	7.25%	-4.37%
Volatility (6M) Calculated over the trailing 6-month period	7.30%	10.84%	-3.54%
Volatility (1Y) Calculated over the trailing 1-year period	14.40%	16.10%	-1.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.63%	15.10%	+0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.84%	16.09%	+2.75%