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FENI vs. FSGGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FENI and FSGGX is -0.60. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

FENI vs. FSGGX - Performance Comparison

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

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Key characteristics

Daily Std Dev

FENI:

6.25%

FSGGX:

16.04%

Max Drawdown

FENI:

-0.61%

FSGGX:

-34.76%

Current Drawdown

FENI:

-0.16%

FSGGX:

-0.81%

Returns By Period


FENI

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FSGGX

YTD

10.61%

1M

7.92%

6M

6.63%

1Y

9.70%

5Y*

10.78%

10Y*

4.85%

*Annualized

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FENI vs. FSGGX - Expense Ratio Comparison

FENI has a 0.28% expense ratio, which is higher than FSGGX's 0.06% expense ratio.


Risk-Adjusted Performance

FENI vs. FSGGX — Risk-Adjusted Performance Rank

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

FENI
The Risk-Adjusted Performance Rank of FENI is 7474
Overall Rank
The Sharpe Ratio Rank of FENI is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of FENI is 7373
Sortino Ratio Rank
The Omega Ratio Rank of FENI is 7272
Omega Ratio Rank
The Calmar Ratio Rank of FENI is 8181
Calmar Ratio Rank
The Martin Ratio Rank of FENI is 7373
Martin Ratio Rank

FSGGX
The Risk-Adjusted Performance Rank of FSGGX is 7171
Overall Rank
The Sharpe Ratio Rank of FSGGX is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of FSGGX is 6969
Sortino Ratio Rank
The Omega Ratio Rank of FSGGX is 6767
Omega Ratio Rank
The Calmar Ratio Rank of FSGGX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FSGGX is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FENI vs. FSGGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced International ETF (FENI) 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.



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Dividends

FENI vs. FSGGX - Dividend Comparison

FENI's dividend yield for the trailing twelve months is around 2.61%, which matches FSGGX's 2.63% yield.


TTM20242023202220212020201920182017201620152014
FENI
Fidelity Enhanced International ETF
2.61%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FSGGX
Fidelity Global ex U.S. Index Fund
2.63%2.91%2.95%2.64%2.60%1.71%2.85%2.66%2.31%2.11%2.44%2.61%

Drawdowns

FENI vs. FSGGX - Drawdown Comparison

The maximum FENI drawdown since its inception was -0.61%, smaller than the maximum FSGGX drawdown of -34.76%. Use the drawdown chart below to compare losses from any high point for FENI and FSGGX. For additional features, visit the drawdowns tool.


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Volatility

FENI vs. FSGGX - Volatility Comparison


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