FFGIX vs. FTIHX

Last updated Jun 24, 2026

FFGIX (Fidelity Advisor Global Commodity Stock Fund Class I) and FTIHX (Fidelity Total International Index Fund) are both mutual funds - FFGIX is a Commodities fund managed by Fidelity, while FTIHX is a Foreign Large Cap Equities fund tracking the MSCI ACWI (All Country World Index) ex USA Investable Market Index. Over the past 10 years, FFGIX returned 12.54%/yr vs 10.24%/yr for FTIHX. A 0.71 correlation means they provide meaningful diversification when combined. FFGIX charges 0.93%/yr vs 0.06%/yr for FTIHX.

Performance

FFGIX vs. FTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Global Commodity Stock Fund Class I (FFGIX) and Fidelity Total International Index Fund (FTIHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FFGIX having a 15.96% return and FTIHX slightly lower at 15.70%. Over the past 10 years, FFGIX has outperformed FTIHX with an annualized return of 12.54%, while FTIHX has yielded a comparatively lower 10.24% annualized return.

FFGIX

• 1D: 0.35%
• 1M: -5.57%
• YTD: 15.96%
• 6M: 15.34%
• 1Y: 36.53%
• 3Y*: 17.56%
• 5Y*: 12.96%
• 10Y*: 12.54%

FTIHX

• 1D: 0.10%
• 1M: 3.19%
• YTD: 15.70%
• 6M: 15.70%
• 1Y: 33.01%
• 3Y*: 20.01%
• 5Y*: 9.03%
• 10Y*: 10.24%

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

FFGIX vs. FTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFGIX Fidelity Advisor Global Commodity Stock Fund Class I	15.96%	28.57%	2.97%	-5.17%	20.69%	26.14%	6.12%	18.02%	-13.14%	17.29%
FTIHX Fidelity Total International Index Fund	15.70%	32.59%	4.98%	15.49%	-16.29%	8.45%	11.09%	21.50%	-14.40%	25.88%

Correlation

The correlation between FFGIX and FTIHX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jun 16, 2016	0.71

Over the past year, the correlation between FFGIX and FTIHX has dropped to 0.43 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

Return for Risk

FFGIX vs. FTIHX — Risk / Return Rank

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

FFGIX

FFGIX Risk / Return Rank: 67
FFGIX Sharpe Ratio Rank: 61
FFGIX Sortino Ratio Rank: 51
FFGIX Omega Ratio Rank: 51
FFGIX Calmar Ratio Rank: 88
FFGIX Martin Ratio Rank: 85

FTIHX

FTIHX Risk / Return Rank: 66
FTIHX Sharpe Ratio Rank: 70
FTIHX Sortino Ratio Rank: 62
FTIHX Omega Ratio Rank: 68
FTIHX Calmar Ratio Rank: 68
FTIHX Martin Ratio Rank: 63

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.

FFGIX vs. FTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Global Commodity Stock Fund Class I (FFGIX) and Fidelity Total International Index Fund (FTIHX). 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.

	FFGIX	FTIHX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.24	-0.12
Sortino ratio: Return per unit of downside risk	2.76	3.01	-0.25
Omega ratio: Gain probability vs. loss probability	1.36	1.42	-0.06
Calmar ratio: Return relative to maximum drawdown	4.12	3.03	+1.09
Martin ratio: Return relative to average drawdown	14.89	11.71	+3.17

FFGIX vs. FTIHX - Sharpe Ratio Comparison

The current FFGIX Sharpe Ratio is 2.12, which is comparable to the FTIHX Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of FFGIX and FTIHX, 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

FFGIX vs. FTIHX - Drawdown Comparison

The maximum FFGIX drawdown since its inception was -57.17%, which is greater than FTIHX's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for FFGIX and FTIHX.

Drawdown Indicators

	FFGIX	FTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-57.17%	-35.75%	-21.42%
Max Drawdown (1Y) Largest decline over 1 year	-8.74%	-11.25%	+2.51%
Max Drawdown (3Y) Largest decline over 3 years	-19.27%	-13.15%	-6.12%
Max Drawdown (5Y) Largest decline over 5 years	-27.23%	-29.99%	+2.76%
Max Drawdown (10Y) Largest decline over 10 years	-48.29%	-35.75%	-12.54%
Current Drawdown Current decline from peak	-8.42%	0.00%	-8.42%
Average Drawdown Average peak-to-trough decline	-19.19%	-7.19%	-12.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	2.90%	-0.48%

Volatility

FFGIX vs. FTIHX - Volatility Comparison

The current volatility for Fidelity Advisor Global Commodity Stock Fund Class I (FFGIX) is 5.40%, while Fidelity Total International Index Fund (FTIHX) has a volatility of 6.22%. This indicates that FFGIX experiences smaller price fluctuations and is considered to be less risky than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFGIX	FTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	6.22%	-0.82%
Volatility (6M) Calculated over the trailing 6-month period	13.88%	13.22%	+0.66%
Volatility (1Y) Calculated over the trailing 1-year period	17.03%	15.25%	+1.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.38%	15.46%	+5.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.44%	16.09%	+6.35%

FFGIX vs. FTIHX - Expense Ratio Comparison

FFGIX has a 0.93% expense ratio, which is higher than FTIHX's 0.06% expense ratio.

Dividends

FFGIX vs. FTIHX - Dividend Comparison

FFGIX's dividend yield for the trailing twelve months is around 2.10%, less than FTIHX's 2.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFGIX Fidelity Advisor Global Commodity Stock Fund Class I	2.10%	2.44%	2.61%	2.08%	1.90%	3.43%	1.53%	3.21%	2.41%	0.36%	1.65%	2.96%
FTIHX Fidelity Total International Index Fund	2.41%	2.78%	2.88%	2.78%	2.51%	2.55%	1.62%	2.61%	2.21%	0.45%	0.47%	0.00%

Frequently Asked Questions

Can I hold both FFGIX and FTIHX in my portfolio?

FFGIX and FTIHX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FFGIX or FTIHX?

FTIHX has higher volatility (6.22%) compared to FFGIX (5.40%). In terms of maximum drawdown, FFGIX dropped -57.17% vs FTIHX's -35.75%.

Which has better risk-adjusted returns?

FTIHX currently has the higher Sharpe Ratio (2.24 vs 2.12), 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.