FDIKX vs. FSGGX
Compare and contrast key facts about Fidelity Diversified International Fund Class K (FDIKX) and Fidelity Global ex U.S. Index Fund (FSGGX).
FDIKX is managed by Fidelity. It was launched on May 9, 2008. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDIKX or FSGGX.
Correlation
The correlation between FDIKX and FSGGX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FDIKX vs. FSGGX - Performance Comparison
Key characteristics
FDIKX:
0.29
FSGGX:
0.60
FDIKX:
0.54
FSGGX:
0.94
FDIKX:
1.07
FSGGX:
1.13
FDIKX:
0.23
FSGGX:
0.72
FDIKX:
1.13
FSGGX:
2.26
FDIKX:
4.84%
FSGGX:
4.26%
FDIKX:
18.63%
FSGGX:
15.99%
FDIKX:
-57.95%
FSGGX:
-34.76%
FDIKX:
-15.22%
FSGGX:
-4.73%
Returns By Period
The year-to-date returns for both investments are quite close, with FDIKX having a 4.64% return and FSGGX slightly higher at 4.72%. Over the past 10 years, FDIKX has underperformed FSGGX with an annualized return of 2.94%, while FSGGX has yielded a comparatively higher 4.45% annualized return.
FDIKX
4.64%
-4.90%
-3.81%
6.20%
6.01%
2.94%
FSGGX
4.72%
-4.73%
-1.86%
9.64%
9.72%
4.45%
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FDIKX vs. FSGGX - Expense Ratio Comparison
FDIKX has a 0.91% expense ratio, which is higher than FSGGX's 0.06% expense ratio.
Risk-Adjusted Performance
FDIKX vs. FSGGX — Risk-Adjusted Performance Rank
FDIKX
FSGGX
FDIKX vs. FSGGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund Class K (FDIKX) 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.
Dividends
FDIKX vs. FSGGX - Dividend Comparison
FDIKX's dividend yield for the trailing twelve months is around 2.02%, less than FSGGX's 2.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIKX Fidelity Diversified International Fund Class K | 2.02% | 2.12% | 1.82% | 0.52% | 1.27% | 0.13% | 1.42% | 1.50% | 1.20% | 1.29% | 2.52% | 5.26% |
FSGGX Fidelity Global ex U.S. Index Fund | 2.78% | 2.91% | 2.95% | 2.64% | 2.60% | 1.71% | 2.85% | 2.66% | 2.09% | 2.06% | 2.44% | 2.61% |
Drawdowns
FDIKX vs. FSGGX - Drawdown Comparison
The maximum FDIKX drawdown since its inception was -57.95%, which is greater than FSGGX's maximum drawdown of -34.76%. Use the drawdown chart below to compare losses from any high point for FDIKX and FSGGX. For additional features, visit the drawdowns tool.
Volatility
FDIKX vs. FSGGX - Volatility Comparison
Fidelity Diversified International Fund Class K (FDIKX) has a higher volatility of 12.20% compared to Fidelity Global ex U.S. Index Fund (FSGGX) at 10.19%. This indicates that FDIKX's price experiences larger fluctuations and is considered to be riskier than FSGGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.