FFGTX vs. CCRSX

Last updated Jun 4, 2026

FFGTX (Fidelity Advisor Global Commodity Stock Fund Class M) and CCRSX (Credit Suisse Trust Commodity Return Strategy Portfolio) are both Commodities funds. Over the past 10 years, FFGTX returned 12.52%/yr vs 6.04%/yr for CCRSX. A 0.58 correlation means they provide meaningful diversification when combined. FFGTX charges 1.52%/yr vs 1.05%/yr for CCRSX.

Performance

FFGTX vs. CCRSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Global Commodity Stock Fund Class M (FFGTX) and Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFGTX achieves a 24.39% return, which is significantly lower than CCRSX's 27.42% return. Over the past 10 years, FFGTX has outperformed CCRSX with an annualized return of 12.52%, while CCRSX has yielded a comparatively lower 6.04% annualized return.

FFGTX

• 1D: 1.30%
• 1M: 0.76%
• YTD: 24.39%
• 6M: 26.75%
• 1Y: 51.49%
• 3Y*: 19.48%
• 5Y*: 13.10%
• 10Y*: 12.52%

CCRSX

• 1D: 0.35%
• 1M: -2.74%
• YTD: 27.42%
• 6M: 26.84%
• 1Y: 39.17%
• 3Y*: 15.98%
• 5Y*: 11.72%
• 10Y*: 6.04%

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

FFGTX vs. CCRSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFGTX Fidelity Advisor Global Commodity Stock Fund Class M	24.39%	27.96%	2.37%	-5.62%	20.06%	25.38%	5.41%	17.23%	-13.73%	17.38%
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	27.42%	15.37%	4.86%	-8.88%	15.71%	28.00%	-1.49%	6.69%	-11.63%	-7.99%

Correlation

The correlation between FFGTX and CCRSX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Mar 27, 2009	0.59

The correlation between FFGTX and CCRSX has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.

Return for Risk

FFGTX vs. CCRSX — Risk / Return Rank

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

FFGTX

FFGTX Risk / Return Rank: 90
FFGTX Sharpe Ratio Rank: 93
FFGTX Sortino Ratio Rank: 84
FFGTX Omega Ratio Rank: 80
FFGTX Calmar Ratio Rank: 97
FFGTX Martin Ratio Rank: 96

CCRSX

CCRSX Risk / Return Rank: 70
CCRSX Sharpe Ratio Rank: 69
CCRSX Sortino Ratio Rank: 52
CCRSX Omega Ratio Rank: 60
CCRSX Calmar Ratio Rank: 93
CCRSX Martin Ratio Rank: 75

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.

FFGTX vs. CCRSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Global Commodity Stock Fund Class M (FFGTX) and Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX). 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.

	FFGTX	CCRSX	Difference
Sharpe ratio: Return per unit of total volatility	3.15	2.43	+0.73
Sortino ratio: Return per unit of downside risk	3.98	3.04	+0.94
Omega ratio: Gain probability vs. loss probability	1.53	1.43	+0.10
Calmar ratio: Return relative to maximum drawdown	6.94	5.27	+1.67
Martin ratio: Return relative to average drawdown	24.97	14.18	+10.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FFGTX vs. CCRSX - Sharpe Ratio Comparison

The current FFGTX Sharpe Ratio is 3.15, which is comparable to the CCRSX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of FFGTX and CCRSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FFGTX	CCRSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.15	2.43	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.05	+0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.04	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	-0.00	+0.33

Drawdowns

FFGTX vs. CCRSX - Drawdown Comparison

The maximum FFGTX drawdown since its inception was -58.53%, smaller than the maximum CCRSX drawdown of -93.56%. Use the drawdown chart below to compare losses from any high point for FFGTX and CCRSX.

Drawdown Indicators

	FFGTX	CCRSX	Difference
Max Drawdown Largest peak-to-trough decline	-58.53%	-93.56%	+35.03%
Max Drawdown (1Y) Largest decline over 1 year	-7.42%	-7.53%	+0.11%
Max Drawdown (3Y) Largest decline over 3 years	-19.63%	-11.56%	-8.07%
Max Drawdown (5Y) Largest decline over 5 years	-27.31%	-83.30%	+55.99%
Max Drawdown (10Y) Largest decline over 10 years	-48.88%	-83.30%	+34.42%
Current Drawdown Current decline from peak	-1.58%	-39.88%	+38.30%
Average Drawdown Average peak-to-trough decline	-20.37%	-51.08%	+30.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	2.79%	-0.73%

Volatility

FFGTX vs. CCRSX - Volatility Comparison

The current volatility for Fidelity Advisor Global Commodity Stock Fund Class M (FFGTX) is 4.33%, while Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX) has a volatility of 5.32%. This indicates that FFGTX experiences smaller price fluctuations and is considered to be less risky than CCRSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFGTX	CCRSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	5.32%	-0.99%
Volatility (6M) Calculated over the trailing 6-month period	13.28%	14.26%	-0.98%
Volatility (1Y) Calculated over the trailing 1-year period	16.36%	16.45%	-0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.39%	225.85%	-204.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.44%	159.90%	-137.46%

FFGTX vs. CCRSX - Expense Ratio Comparison

FFGTX has a 1.52% expense ratio, which is higher than CCRSX's 1.05% expense ratio.

Dividends

FFGTX vs. CCRSX - Dividend Comparison

FFGTX's dividend yield for the trailing twelve months is around 1.62%, less than CCRSX's 10.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	10.88%	3.98%	2.95%	26.59%	18.97%	4.82%	5.51%	0.86%	2.91%	0.00%	0.00%	0.00%
FFGTX Fidelity Advisor Global Commodity Stock Fund Class M	1.62%	2.02%	1.93%	1.47%	1.47%	2.91%	1.03%	2.51%	1.57%	0.36%	1.05%	2.07%

Frequently Asked Questions

Can I hold both FFGTX and CCRSX in my portfolio?

FFGTX and CCRSX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FFGTX or CCRSX?

CCRSX has higher volatility (5.32%) compared to FFGTX (4.33%). In terms of maximum drawdown, FFGTX dropped -58.53% vs CCRSX's -93.56%.

Which has better risk-adjusted returns?

FFGTX currently has the higher Sharpe Ratio (3.15 vs 2.43), 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.