FFGCX vs. SHEL

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Global Commodity Stock Fund (FFGCX) and Shell plc (SHEL).

FFGCX is managed by Fidelity. It was launched on Mar 25, 2009.

Performance

FFGCX vs. SHEL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Global Commodity Stock Fund (FFGCX) and Shell plc (SHEL). The values are adjusted to include any dividend payments, if applicable.

FFGCX vs. SHEL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFGCX Fidelity Global Commodity Stock Fund	22.87%	28.66%	2.98%	-5.18%	20.69%	26.08%	6.04%	17.82%	-13.21%	17.18%
SHEL Shell plc	27.75%	22.16%	-0.87%	20.19%	36.18%	34.27%	-41.08%	6.38%	-7.23%	21.67%

Returns By Period

In the year-to-date period, FFGCX achieves a 22.87% return, which is significantly lower than SHEL's 27.75% return. Over the past 10 years, FFGCX has outperformed SHEL with an annualized return of 13.82%, while SHEL has yielded a comparatively lower 11.74% annualized return.

FFGCX

• 1D: 0.25%
• 1M: -1.60%
• YTD: 22.87%
• 6M: 31.25%
• 1Y: 52.48%
• 3Y*: 17.71%
• 5Y*: 15.78%
• 10Y*: 13.82%

SHEL

• 1D: 0.28%
• 1M: 11.36%
• YTD: 27.75%
• 6M: 32.48%
• 1Y: 32.01%
• 3Y*: 22.17%
• 5Y*: 24.77%
• 10Y*: 11.74%

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

Return for Risk

FFGCX vs. SHEL — Risk / Return Rank

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

FFGCX

FFGCX Risk / Return Rank: 96
FFGCX Sharpe Ratio Rank: 97
FFGCX Sortino Ratio Rank: 95
FFGCX Omega Ratio Rank: 94
FFGCX Calmar Ratio Rank: 96
FFGCX Martin Ratio Rank: 97

SHEL

SHEL Risk / Return Rank: 78
SHEL Sharpe Ratio Rank: 82
SHEL Sortino Ratio Rank: 74
SHEL Omega Ratio Rank: 77
SHEL Calmar Ratio Rank: 76
SHEL Martin Ratio Rank: 82

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.

FFGCX vs. SHEL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Commodity Stock Fund (FFGCX) and Shell plc (SHEL). 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.

	FFGCX	SHEL	Difference
Sharpe ratio Return per unit of total volatility	2.57	1.32	+1.25
Sortino ratio Return per unit of downside risk	3.09	1.76	+1.32
Omega ratio Gain probability vs. loss probability	1.49	1.25	+0.23
Calmar ratio Return relative to maximum drawdown	3.46	1.79	+1.67
Martin ratio Return relative to average drawdown	17.89	6.36	+11.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FFGCX vs. SHEL - Sharpe Ratio Comparison

The current FFGCX Sharpe Ratio is 2.57, which is higher than the SHEL Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of FFGCX and SHEL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FFGCX	SHEL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	1.32	+1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.98	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.38	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.23	+0.12

Correlation

The correlation between FFGCX and SHEL is 0.72, 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.

Dividends

FFGCX vs. SHEL - Dividend Comparison

FFGCX's dividend yield for the trailing twelve months is around 2.06%, less than SHEL's 3.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFGCX Fidelity Global Commodity Stock Fund	2.06%	2.53%	2.62%	2.01%	1.84%	3.39%	1.61%	2.98%	2.22%	0.36%	1.53%	2.86%
SHEL Shell plc	3.11%	3.90%	4.39%	3.76%	3.48%	3.78%	5.69%	6.27%	6.27%	2.75%	6.49%	8.17%

Drawdowns

FFGCX vs. SHEL - Drawdown Comparison

The maximum FFGCX drawdown since its inception was -57.23%, smaller than the maximum SHEL drawdown of -71.57%. Use the drawdown chart below to compare losses from any high point for FFGCX and SHEL.

Drawdown Indicators

	FFGCX	SHEL	Difference
Max Drawdown Largest peak-to-trough decline	-57.23%	-71.57%	+14.34%
Max Drawdown (1Y) Largest decline over 1 year	-14.64%	-18.21%	+3.57%
Max Drawdown (5Y) Largest decline over 5 years	-27.22%	-25.04%	-2.18%
Max Drawdown (10Y) Largest decline over 10 years	-48.43%	-71.57%	+23.14%
Current Drawdown Current decline from peak	-2.30%	0.00%	-2.30%
Average Drawdown Average peak-to-trough decline	-19.54%	-16.83%	-2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	5.19%	-2.36%

Volatility

FFGCX vs. SHEL - Volatility Comparison

Fidelity Global Commodity Stock Fund (FFGCX) has a higher volatility of 6.10% compared to Shell plc (SHEL) at 5.23%. This indicates that FFGCX's price experiences larger fluctuations and is considered to be riskier than SHEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFGCX	SHEL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	5.23%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	13.74%	15.83%	-2.09%
Volatility (1Y) Calculated over the trailing 1-year period	20.49%	24.34%	-3.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.53%	25.31%	-3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.54%	30.85%	-8.31%