FFGCX vs. FSGGX
Compare and contrast key facts about Fidelity Global Commodity Stock Fund (FFGCX) and Fidelity Global ex U.S. Index Fund (FSGGX).
FFGCX is managed by Fidelity. It was launched on Mar 25, 2009. 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: FFGCX or FSGGX.
Key characteristics
| FFGCX | FSGGX | |
|---|---|---|
| YTD Return | 7.55% | 2.27% |
| 1Y Return | 8.23% | 9.72% |
| 3Y Return (Ann) | 8.96% | -0.15% |
| 5Y Return (Ann) | 11.86% | 5.03% |
| 10Y Return (Ann) | 5.24% | 3.99% |
| Sharpe Ratio | 0.45 | 0.77 |
| Daily Std Dev | 17.46% | 12.82% |
| Max Drawdown | -55.11% | -34.76% |
| Current Drawdown | -10.36% | -3.75% |
Correlation
The correlation between FFGCX and FSGGX is 0.77, 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
FFGCX vs. FSGGX - Performance Comparison
In the year-to-date period, FFGCX achieves a 7.55% return, which is significantly higher than FSGGX's 2.27% return. Over the past 10 years, FFGCX has outperformed FSGGX with an annualized return of 5.24%, while FSGGX has yielded a comparatively lower 3.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFGCX vs. FSGGX - Expense Ratio Comparison
FFGCX has a 0.94% expense ratio, which is higher than FSGGX's 0.06% expense ratio.
Risk-Adjusted Performance
FFGCX vs. FSGGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Commodity Stock Fund (FFGCX) 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
FFGCX vs. FSGGX - Dividend Comparison
FFGCX's dividend yield for the trailing twelve months is around 1.87%, less than FSGGX's 2.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFGCX Fidelity Global Commodity Stock Fund | 1.87% | 2.01% | 1.84% | 3.39% | 1.61% | 2.98% | 2.22% | 1.35% | 1.53% | 2.86% | 3.07% | 2.75% |
FSGGX Fidelity Global ex U.S. Index Fund | 2.89% | 2.95% | 2.64% | 2.60% | 1.71% | 2.85% | 2.66% | 2.31% | 2.11% | 2.44% | 2.61% | 3.42% |
Drawdowns
FFGCX vs. FSGGX - Drawdown Comparison
The maximum FFGCX drawdown since its inception was -55.11%, which is greater than FSGGX's maximum drawdown of -34.76%. Use the drawdown chart below to compare losses from any high point for FFGCX and FSGGX. For additional features, visit the drawdowns tool.
Volatility
FFGCX vs. FSGGX - Volatility Comparison
Fidelity Global Commodity Stock Fund (FFGCX) has a higher volatility of 3.42% compared to Fidelity Global ex U.S. Index Fund (FSGGX) at 3.18%. This indicates that FFGCX'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.