FFGCX vs. SVAAX

Last updated Aug 1, 2026

FFGCX (Fidelity Global Commodity Stock Fund) and SVAAX (Federated Hermes Strategic Value Dividend Fund Class A) are both mutual funds - FFGCX is a Commodities fund managed by Fidelity, while SVAAX is a Dividend fund actively managed by Federated. Over the past 10 years, FFGCX returned 12.44%/yr vs 8.12%/yr for SVAAX. Their 0.62 correlation means they have sometimes moved together and sometimes differently. FFGCX charges 0.85%/yr vs 1.06%/yr for SVAAX.

Performance

FFGCX vs. SVAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Global Commodity Stock Fund (FFGCX) and Federated Hermes Strategic Value Dividend Fund Class A (SVAAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFGCX achieves a 21.14% return, which is significantly higher than SVAAX's 15.31% return. Over the past 10 years, FFGCX has outperformed SVAAX with an annualized return of 12.44%, while SVAAX has yielded a comparatively lower 8.12% annualized return.

FFGCX

• 1D: 1.15%
• 1M: 7.49%
• 6M: 7.74%
• YTD: 21.14%
• 1Y: 43.47%
• 3Y*: 15.53%
• 5Y*: 14.11%
• 10Y*: 12.44%
• ALL TIME*: 7.62%

SVAAX

• 1D: -1.50%
• 1M: 2.45%
• 6M: 9.65%
• YTD: 15.31%
• 1Y: 24.12%
• 3Y*: 15.87%
• 5Y*: 11.50%
• 10Y*: 8.12%
• ALL TIME*: 7.75%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FFGCX Fidelity Global Commodity Stock Fund	$0.00	$0.00	$0.00
SVAAX Federated Hermes Strategic Value Dividend Fund Class A	$0.00	$0.00	$0.00

FFGCX vs. SVAAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFGCX Fidelity Global Commodity Stock Fund	21.14%	28.66%	2.98%	-5.18%	20.69%	26.08%	6.04%	17.82%	-13.21%	17.18%
SVAAX Federated Hermes Strategic Value Dividend Fund Class A	15.31%	14.42%	16.29%	-2.07%	8.07%	21.36%	-8.15%	19.42%	-8.44%	14.69%

Correlation

The correlation between FFGCX and SVAAX is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (3Y) Balances recent behavior with more history.	0.39
Correlation (5Y) Shows whether the relationship held over a longer period.	0.52
Correlation (10Y) Provides a long-term view across more market conditions.	0.56
Correlation (All Time) Calculated using the full available price history since Mar 26, 2009	0.62

Over the past year, the correlation between FFGCX and SVAAX has dropped to 0.22 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

FFGCX vs. SVAAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FFGCX

FFGCX Risk / Return Rank: 88
FFGCX Sharpe Ratio Rank: 93
FFGCX Sortino Ratio Rank: 85
FFGCX Omega Ratio Rank: 85
FFGCX Calmar Ratio Rank: 90
FFGCX Martin Ratio Rank: 88

SVAAX

SVAAX Risk / Return Rank: 93
SVAAX Sharpe Ratio Rank: 93
SVAAX Sortino Ratio Rank: 92
SVAAX Omega Ratio Rank: 85
SVAAX Calmar Ratio Rank: 98
SVAAX Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FFGCX vs. SVAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Commodity Stock Fund (FFGCX) and Federated Hermes Strategic Value Dividend Fund Class A (SVAAX). 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.

	FFGCX	SVAAX	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.47	-0.06
Sortino ratio: Return per unit of downside risk	3.04	3.60	-0.56
Omega ratio: Gain probability vs. loss probability	1.41	1.42	-0.02
Calmar ratio: Return relative to maximum drawdown	3.34	5.91	-2.57
Martin ratio: Return relative to average drawdown	11.22	15.70	-4.48

FFGCX vs. SVAAX - Sharpe Ratio Comparison

The current FFGCX Sharpe Ratio is 2.40, which is comparable to the SVAAX Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of FFGCX and SVAAX, 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

FFGCX vs. SVAAX - Drawdown Comparison

The maximum FFGCX drawdown since its inception was -57.23%, which is greater than SVAAX's maximum drawdown of -51.16%. Use the drawdown chart below to compare losses from any high point for FFGCX and SVAAX.

Drawdown Indicators

	FFGCX	SVAAX	Difference
Max Drawdown Largest peak-to-trough decline	-57.23%	-51.16%	-6.07%
Max Drawdown (1Y) Largest decline over 1 year	-12.27%	-4.71%	-7.56%
Max Drawdown (3Y) Largest decline over 3 years	-19.24%	-12.84%	-6.40%
Max Drawdown (5Y) Largest decline over 5 years	-27.22%	-16.17%	-11.05%
Max Drawdown (10Y) Largest decline over 10 years	-48.43%	-36.47%	-11.96%
Current Drawdown Current decline from peak	-4.35%	-1.50%	-2.85%
Average Drawdown Average peak-to-trough decline	-19.25%	-8.15%	-11.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.65%	1.69%	+1.96%

Volatility

FFGCX vs. SVAAX - Volatility Comparison

Fidelity Global Commodity Stock Fund (FFGCX) and Federated Hermes Strategic Value Dividend Fund Class A (SVAAX) have volatilities of 4.40% and 4.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFGCX	SVAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	4.57%	-0.17%
Volatility (6M) Calculated over the trailing 6-month period	13.81%	8.70%	+5.11%
Volatility (1Y) Calculated over the trailing 1-year period	17.12%	11.31%	+5.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.26%	13.80%	+7.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.34%	15.44%	+6.90%

FFGCX vs. SVAAX - Expense Ratio Comparison

FFGCX has a 0.85% expense ratio, which is lower than SVAAX's 1.06% expense ratio.

Dividends

FFGCX vs. SVAAX - Dividend Comparison

FFGCX's dividend yield for the trailing twelve months is around 2.09%, less than SVAAX's 5.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFGCX Fidelity Global Commodity Stock Fund	2.09%	2.53%	2.62%	2.01%	1.84%	3.39%	1.61%	2.98%	2.22%	0.36%	1.53%	2.86%
SVAAX Federated Hermes Strategic Value Dividend Fund Class A	5.62%	5.80%	7.38%	4.10%	9.49%	3.50%	4.06%	8.55%	8.39%	10.16%	5.00%	8.45%

Frequently Asked Questions

Can I hold both FFGCX and SVAAX in my portfolio?

FFGCX and SVAAX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FFGCX or SVAAX?

SVAAX has higher volatility (4.57%) compared to FFGCX (4.40%). In terms of maximum drawdown, FFGCX dropped -57.23% vs SVAAX's -51.16%.

Which has better risk-adjusted returns?

SVAAX currently has the higher Sharpe Ratio (2.47 vs 2.40), 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.