EPGFX vs. FICDX

Last updated Aug 1, 2026

EPGFX (EuroPac Gold Fund) and FICDX (Fidelity Canada Fund) are both mutual funds - EPGFX is a Gold fund managed by Euro Pacific, while FICDX is a Foreign Large Cap Equities fund managed by Fidelity. Over the past 10 years, EPGFX returned 8.43%/yr vs 10.47%/yr for FICDX. Their 0.42 correlation means their historical movements had little consistent relationship. EPGFX charges 1.40%/yr vs 0.80%/yr for FICDX.

Performance

EPGFX vs. FICDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EuroPac Gold Fund (EPGFX) and Fidelity Canada Fund (FICDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPGFX achieves a -6.94% return, which is significantly lower than FICDX's 10.03% return. Over the past 10 years, EPGFX has underperformed FICDX with an annualized return of 8.43%, while FICDX has yielded a comparatively higher 10.47% annualized return.

EPGFX

• 1D: 3.37%
• 1M: -3.21%
• 6M: -15.49%
• YTD: -6.94%
• 1Y: 43.67%
• 3Y*: 29.79%
• 5Y*: 13.33%
• 10Y*: 8.43%
• ALL TIME*: 10.01%

FICDX

• 1D: 0.36%
• 1M: 4.18%
• 6M: 10.04%
• YTD: 10.03%
• 1Y: 20.97%
• 3Y*: 16.00%
• 5Y*: 11.32%
• 10Y*: 10.47%
• ALL TIME*: 8.76%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EPGFX EuroPac Gold Fund	$0.00	$0.00	$0.00
FICDX Fidelity Canada Fund	$0.00	$0.00	$0.00

EPGFX vs. FICDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPGFX EuroPac Gold Fund	-6.94%	129.06%	8.51%	2.31%	-14.00%	-18.06%	36.99%	37.25%	-13.85%	12.73%
FICDX Fidelity Canada Fund	10.03%	25.86%	9.15%	14.66%	-6.14%	26.86%	4.43%	25.82%	-14.32%	12.79%

Correlation

The correlation between EPGFX and FICDX is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.59
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.54
Correlation (10Y) Provides a long-term view across more market conditions.	0.44
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.42

The correlation between EPGFX and FICDX shifts across timeframes, from 0.42 (all time) to 0.59 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EPGFX vs. FICDX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EPGFX

EPGFX Risk / Return Rank: 32
EPGFX Sharpe Ratio Rank: 37
EPGFX Sortino Ratio Rank: 33
EPGFX Omega Ratio Rank: 38
EPGFX Calmar Ratio Rank: 31
EPGFX Martin Ratio Rank: 22

FICDX

FICDX Risk / Return Rank: 66
FICDX Sharpe Ratio Rank: 65
FICDX Sortino Ratio Rank: 58
FICDX Omega Ratio Rank: 61
FICDX Calmar Ratio Rank: 79
FICDX Martin Ratio Rank: 66

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EPGFX vs. FICDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EuroPac Gold Fund (EPGFX) and Fidelity Canada Fund (FICDX). 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.

	EPGFX	FICDX	Difference
Sharpe ratio: Return per unit of total volatility	1.10	1.51	-0.41
Sortino ratio: Return per unit of downside risk	1.50	2.05	-0.54
Omega ratio: Gain probability vs. loss probability	1.21	1.27	-0.06
Calmar ratio: Return relative to maximum drawdown	1.33	2.55	-1.22
Martin ratio: Return relative to average drawdown	2.94	8.10	-5.16

EPGFX vs. FICDX - Sharpe Ratio Comparison

The current EPGFX Sharpe Ratio is 1.10, which is comparable to the FICDX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of EPGFX and FICDX, 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

EPGFX vs. FICDX - Drawdown Comparison

The maximum EPGFX drawdown since its inception was -56.70%, roughly equal to the maximum FICDX drawdown of -58.09%. Use the drawdown chart below to compare losses from any high point for EPGFX and FICDX.

Drawdown Indicators

	EPGFX	FICDX	Difference
Max Drawdown Largest peak-to-trough decline	-56.70%	-58.09%	+1.39%
Max Drawdown (1Y) Largest decline over 1 year	-33.63%	-7.60%	-26.03%
Max Drawdown (3Y) Largest decline over 3 years	-33.63%	-12.06%	-21.57%
Max Drawdown (5Y) Largest decline over 5 years	-44.99%	-21.01%	-23.98%
Max Drawdown (10Y) Largest decline over 10 years	-51.03%	-39.85%	-11.18%
Current Drawdown Current decline from peak	-29.03%	0.00%	-29.03%
Average Drawdown Average peak-to-trough decline	-22.10%	-10.48%	-11.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.21%	2.39%	+12.82%

Volatility

EPGFX vs. FICDX - Volatility Comparison

EuroPac Gold Fund (EPGFX) has a higher volatility of 9.84% compared to Fidelity Canada Fund (FICDX) at 2.33%. This indicates that EPGFX's price experiences larger fluctuations and is considered to be riskier than FICDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPGFX	FICDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.84%	2.33%	+7.51%
Volatility (6M) Calculated over the trailing 6-month period	34.15%	10.21%	+23.94%
Volatility (1Y) Calculated over the trailing 1-year period	40.93%	12.88%	+28.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.03%	15.89%	+17.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.54%	17.35%	+15.19%

EPGFX vs. FICDX - Expense Ratio Comparison

EPGFX has a 1.40% expense ratio, which is higher than FICDX's 0.80% expense ratio.

Dividends

EPGFX vs. FICDX - Dividend Comparison

EPGFX's dividend yield for the trailing twelve months is around 7.37%, more than FICDX's 5.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPGFX EuroPac Gold Fund	7.37%	6.86%	10.36%	0.00%	0.00%	2.49%	8.67%	0.00%	0.00%	2.56%	19.31%	0.00%
FICDX Fidelity Canada Fund	5.18%	5.70%	7.44%	3.36%	4.11%	5.16%	2.56%	4.41%	7.33%	0.89%	1.63%	0.15%

Frequently Asked Questions

Can I hold both EPGFX and FICDX in my portfolio?

EPGFX and FICDX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPGFX or FICDX?

EPGFX has higher volatility (9.84%) compared to FICDX (2.33%). In terms of maximum drawdown, EPGFX dropped -56.70% vs FICDX's -58.09%.

Which has better risk-adjusted returns?

FICDX currently has the higher Sharpe Ratio (1.51 vs 1.10), 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.