FFGCX vs. FSKAX
Compare and contrast key facts about Fidelity Global Commodity Stock Fund (FFGCX) and Fidelity Total Market Index Fund (FSKAX).
FFGCX is managed by Fidelity. It was launched on Mar 25, 2009. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFGCX or FSKAX.
Key characteristics
| FFGCX | FSKAX | |
|---|---|---|
| YTD Return | 7.55% | 5.52% |
| 1Y Return | 8.23% | 26.20% |
| 3Y Return (Ann) | 8.96% | 6.20% |
| 5Y Return (Ann) | 11.86% | 12.47% |
| 10Y Return (Ann) | 5.24% | 11.90% |
| Sharpe Ratio | 0.45 | 2.11 |
| Daily Std Dev | 17.46% | 12.18% |
| Max Drawdown | -55.11% | -35.01% |
| Current Drawdown | -10.36% | -4.12% |
Correlation
The correlation between FFGCX and FSKAX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FFGCX vs. FSKAX - Performance Comparison
In the year-to-date period, FFGCX achieves a 7.55% return, which is significantly higher than FSKAX's 5.52% return. Over the past 10 years, FFGCX has underperformed FSKAX with an annualized return of 5.24%, while FSKAX has yielded a comparatively higher 11.90% 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. FSKAX - Expense Ratio Comparison
FFGCX has a 0.94% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Risk-Adjusted Performance
FFGCX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Commodity Stock Fund (FFGCX) and Fidelity Total Market Index Fund (FSKAX). 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. FSKAX - Dividend Comparison
FFGCX's dividend yield for the trailing twelve months is around 1.87%, more than FSKAX's 1.37% 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% |
FSKAX Fidelity Total Market Index Fund | 1.37% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.33% | 2.43% | 2.49% | 1.63% | 1.54% |
Drawdowns
FFGCX vs. FSKAX - Drawdown Comparison
The maximum FFGCX drawdown since its inception was -55.11%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FFGCX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
FFGCX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Global Commodity Stock Fund (FFGCX) is 3.42%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 3.75%. This indicates that FFGCX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.