FDIVX vs. PG

Last updated Jun 13, 2026

FDIVX (Fidelity Diversified International Fund) is Foreign Large Cap Equities fund managed by Fidelity, while PG (The Procter & Gamble Company) is a stock. Over the past 10 years, FDIVX returned 9.68%/yr vs 8.96%/yr for PG. At a 0.26 correlation, their price movements are largely independent.

Performance

FDIVX vs. PG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Diversified International Fund (FDIVX) and The Procter & Gamble Company (PG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDIVX achieves a 10.84% return, which is significantly higher than PG's 5.93% return. Over the past 10 years, FDIVX has outperformed PG with an annualized return of 9.68%, while PG has yielded a comparatively lower 8.96% annualized return.

FDIVX

• 1D: 3.97%
• 1M: 0.77%
• YTD: 10.84%
• 6M: 12.79%
• 1Y: 20.33%
• 3Y*: 16.45%
• 5Y*: 7.25%
• 10Y*: 9.68%

PG

• 1D: 0.86%
• 1M: 5.18%
• YTD: 5.93%
• 6M: 6.28%
• 1Y: -5.68%
• 3Y*: 3.69%
• 5Y*: 4.73%
• 10Y*: 8.96%

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

FDIVX vs. PG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDIVX Fidelity Diversified International Fund	10.84%	27.75%	6.54%	17.74%	-23.86%	12.79%	18.91%	29.72%	-15.31%	25.31%
PG The Procter & Gamble Company	5.93%	-12.26%	17.25%	-0.86%	-5.05%	20.52%	14.15%	39.70%	3.57%	12.69%

Correlation

The correlation between FDIVX and PG is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Dec 27, 1991	0.26

The correlation between FDIVX and PG shifts across timeframes, from 0.09 (1 year) to 0.27 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

FDIVX vs. PG — Risk / Return Rank

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

FDIVX

FDIVX Risk / Return Rank: 31
FDIVX Sharpe Ratio Rank: 28
FDIVX Sortino Ratio Rank: 28
FDIVX Omega Ratio Rank: 29
FDIVX Calmar Ratio Rank: 32
FDIVX Martin Ratio Rank: 37

PG

PG Risk / Return Rank: 28
PG Sharpe Ratio Rank: 30
PG Sortino Ratio Rank: 25
PG Omega Ratio Rank: 26
PG Calmar Ratio Rank: 31
PG Martin Ratio Rank: 31

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.

FDIVX vs. PG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund (FDIVX) and The Procter & Gamble Company (PG). 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.

	FDIVX	PG	Difference
Sharpe ratio: Return per unit of total volatility	1.19	-0.30	+1.50
Sortino ratio: Return per unit of downside risk	1.76	-0.31	+2.07
Omega ratio: Gain probability vs. loss probability	1.22	0.97	+0.26
Calmar ratio: Return relative to maximum drawdown	1.72	-0.37	+2.09
Martin ratio: Return relative to average drawdown	6.65	-0.68	+7.34

FDIVX vs. PG - Sharpe Ratio Comparison

The current FDIVX Sharpe Ratio is 1.19, which is higher than the PG Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of FDIVX and PG, 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

FDIVX vs. PG - Drawdown Comparison

The maximum FDIVX drawdown since its inception was -60.61%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for FDIVX and PG.

Drawdown Indicators

	FDIVX	PG	Difference
Max Drawdown Largest peak-to-trough decline	-60.61%	-54.25%	-6.36%
Max Drawdown (1Y) Largest decline over 1 year	-12.38%	-15.52%	+3.14%
Max Drawdown (3Y) Largest decline over 3 years	-14.63%	-21.15%	+6.52%
Max Drawdown (5Y) Largest decline over 5 years	-35.60%	-23.77%	-11.83%
Max Drawdown (10Y) Largest decline over 10 years	-35.60%	-23.77%	-11.83%
Current Drawdown Current decline from peak	-0.94%	-13.29%	+12.35%
Average Drawdown Average peak-to-trough decline	-11.66%	-12.16%	+0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	8.80%	-5.61%

Volatility

FDIVX vs. PG - Volatility Comparison

Fidelity Diversified International Fund (FDIVX) has a higher volatility of 7.46% compared to The Procter & Gamble Company (PG) at 6.99%. This indicates that FDIVX's price experiences larger fluctuations and is considered to be riskier than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIVX	PG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.46%	6.99%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	15.37%	15.01%	+0.36%
Volatility (1Y) Calculated over the trailing 1-year period	17.81%	18.78%	-0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.31%	17.82%	-0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.05%	19.05%	-2.00%

Dividends

FDIVX vs. PG - Dividend Comparison

FDIVX's dividend yield for the trailing twelve months is around 9.64%, more than PG's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIVX Fidelity Diversified International Fund	9.64%	10.69%	3.93%	4.29%	1.34%	10.59%	0.97%	1.32%	7.32%	4.22%	1.36%	0.46%
PG The Procter & Gamble Company	2.85%	2.91%	2.36%	2.55%	2.38%	2.08%	2.24%	2.37%	3.09%	2.98%	3.18%	3.31%

Frequently Asked Questions

Can I hold both FDIVX and PG in my portfolio?

FDIVX and PG have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIVX or PG?

FDIVX has higher volatility (7.46%) compared to PG (6.99%). In terms of maximum drawdown, FDIVX dropped -60.61% vs PG's -54.25%.

Which has better risk-adjusted returns?

FDIVX currently has the higher Sharpe Ratio (1.19 vs -0.30), 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.