FFGX vs. IXUS
FFGX (Fidelity Fundamental Global ex-U.S. ETF) and IXUS (iShares Core MSCI Total International Stock ETF) are both Foreign Large Cap Equities funds. FFGX is actively managed, while IXUS is passively managed. Over the past year, FFGX returned 24.38% vs 31.47% for IXUS. With a 0.96 correlation, they move nearly in lockstep. FFGX charges 0.55%/yr vs 0.07%/yr for IXUS.
Performance
FFGX vs. IXUS - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with FFGX having a 14.05% return and IXUS slightly higher at 14.67%.
FFGX
- 1D
- -0.01%
- 1M
- 3.70%
- YTD
- 14.05%
- 6M
- 16.18%
- 1Y
- 24.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IXUS
- 1D
- 0.14%
- 1M
- 3.59%
- YTD
- 14.67%
- 6M
- 17.05%
- 1Y
- 31.47%
- 3Y*
- 19.69%
- 5Y*
- 8.41%
- 10Y*
- 9.72%
FFGX vs. IXUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FFGX Fidelity Fundamental Global ex-U.S. ETF | 14.05% | 27.85% | -2.87% |
IXUS iShares Core MSCI Total International Stock ETF | 14.67% | 32.40% | -1.21% |
Correlation
The correlation between FFGX and IXUS is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2024 | 0.96 |
The correlation between FFGX and IXUS has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FFGX vs. IXUS — Risk / Return Rank
FFGX
IXUS
FFGX vs. IXUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Global ex-U.S. ETF (FFGX) and iShares Core MSCI Total International Stock ETF (IXUS). 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.
| FFGX | IXUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.38 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 2.78 | -0.88 |
| Martin ratioReturn relative to average drawdown | 7.52 | 10.89 | -3.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FFGX | IXUS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 2.06 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.52 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.36 | 0.49 | +0.86 |
Drawdowns
FFGX vs. IXUS - Drawdown Comparison
The maximum FFGX drawdown since its inception was -14.79%, smaller than the maximum IXUS drawdown of -36.22%. Use the drawdown chart below to compare losses from any high point for FFGX and IXUS.
Loading charts...
Drawdown Indicators
| FFGX | IXUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.79% | -36.22% | +21.43% |
Max Drawdown (1Y)Largest decline over 1 year | -12.86% | -11.36% | -1.50% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.22% | — |
Current DrawdownCurrent decline from peak | -0.92% | -0.87% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -2.11% | -7.50% | +5.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 2.90% | +0.35% |
Volatility
FFGX vs. IXUS - Volatility Comparison
Fidelity Fundamental Global ex-U.S. ETF (FFGX) has a higher volatility of 6.58% compared to iShares Core MSCI Total International Stock ETF (IXUS) at 5.50%. This indicates that FFGX's price experiences larger fluctuations and is considered to be riskier than IXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FFGX | IXUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.58% | 5.50% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 15.61% | 13.16% | +2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.76% | 15.36% | +2.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.04% | 16.21% | +2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.04% | 17.07% | +1.97% |
FFGX vs. IXUS - Expense Ratio Comparison
FFGX has a 0.55% expense ratio, which is higher than IXUS's 0.07% expense ratio.
Dividends
FFGX vs. IXUS - Dividend Comparison
FFGX's dividend yield for the trailing twelve months is around 1.40%, less than IXUS's 2.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFGX Fidelity Fundamental Global ex-U.S. ETF | 1.40% | 1.62% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXUS iShares Core MSCI Total International Stock ETF | 2.82% | 3.24% | 3.33% | 3.13% | 2.48% | 3.12% | 1.85% | 3.09% | 3.00% | 2.41% | 2.58% | 2.81% |
Frequently Asked Questions
With a correlation of 0.97, FFGX and IXUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FFGX has higher volatility (6.58%) compared to IXUS (5.50%). In terms of maximum drawdown, FFGX dropped -14.79% vs IXUS's -36.22%.
On 1-year performance, IXUS leads with 31.47% vs 24.38% for FFGX. On fees, IXUS is cheaper at 0.07% per year. On volatility, IXUS has been the lower-risk option at 5.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IXUS has performed better with a 31.47% return vs 24.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IXUS is cheaper with a 0.07% expense ratio, compared with 0.55% for FFGX.
IXUS has the higher dividend yield at 2.82%, compared with 1.40% for FFGX.
They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.55% for FFGX and 0.07% for IXUS.
IXUS currently has the higher Sharpe Ratio (2.06 vs 1.38), 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.
Find the right allocation for FFGX and IXUS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer