FGEAX vs. FTIHX

Last updated Jun 24, 2026

FGEAX (Fidelity Advisor Global Capital Appreciation Fund Class A) and FTIHX (Fidelity Total International Index Fund) are both mutual funds - FGEAX is a Global Equities 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, FGEAX returned 14.22%/yr vs 10.24%/yr for FTIHX. Their correlation of 0.83 suggests significant overlap in exposure. FGEAX charges 1.15%/yr vs 0.06%/yr for FTIHX.

Performance

FGEAX vs. FTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Global Capital Appreciation Fund Class A (FGEAX) 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 FGEAX having a 16.06% return and FTIHX slightly lower at 15.70%. Over the past 10 years, FGEAX has outperformed FTIHX with an annualized return of 14.22%, while FTIHX has yielded a comparatively lower 10.24% annualized return.

FGEAX

• 1D: 0.49%
• 1M: 5.89%
• YTD: 16.06%
• 6M: 15.58%
• 1Y: 34.02%
• 3Y*: 27.62%
• 5Y*: 14.79%
• 10Y*: 14.22%

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)

FGEAX vs. FTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGEAX Fidelity Advisor Global Capital Appreciation Fund Class A	16.06%	17.85%	38.32%	28.50%	-24.70%	18.91%	24.36%	22.81%	-18.25%	30.07%
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 FGEAX and FTIHX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jun 16, 2016	0.83

The correlation between FGEAX and FTIHX has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.

Return for Risk

FGEAX vs. FTIHX — Risk / Return Rank

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

FGEAX

FGEAX Risk / Return Rank: 51
FGEAX Sharpe Ratio Rank: 52
FGEAX Sortino Ratio Rank: 44
FGEAX Omega Ratio Rank: 50
FGEAX Calmar Ratio Rank: 54
FGEAX Martin Ratio Rank: 57

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.

FGEAX vs. FTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Global Capital Appreciation Fund Class A (FGEAX) 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.

	FGEAX	FTIHX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	2.24	-0.27
Sortino ratio: Return per unit of downside risk	2.59	3.01	-0.42
Omega ratio: Gain probability vs. loss probability	1.36	1.42	-0.06
Calmar ratio: Return relative to maximum drawdown	2.70	3.03	-0.33
Martin ratio: Return relative to average drawdown	10.76	11.71	-0.95

FGEAX vs. FTIHX - Sharpe Ratio Comparison

The current FGEAX Sharpe Ratio is 1.97, which is comparable to the FTIHX Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of FGEAX 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

FGEAX vs. FTIHX - Drawdown Comparison

The maximum FGEAX drawdown since its inception was -61.78%, which is greater than FTIHX's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for FGEAX and FTIHX.

Drawdown Indicators

	FGEAX	FTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-61.78%	-35.75%	-26.03%
Max Drawdown (1Y) Largest decline over 1 year	-13.03%	-11.25%	-1.78%
Max Drawdown (3Y) Largest decline over 3 years	-19.43%	-13.15%	-6.28%
Max Drawdown (5Y) Largest decline over 5 years	-32.93%	-29.99%	-2.94%
Max Drawdown (10Y) Largest decline over 10 years	-33.04%	-35.75%	+2.71%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.26%	-7.19%	-6.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	2.90%	+0.36%

Volatility

FGEAX vs. FTIHX - Volatility Comparison

Fidelity Advisor Global Capital Appreciation Fund Class A (FGEAX) has a higher volatility of 7.67% compared to Fidelity Total International Index Fund (FTIHX) at 6.22%. This indicates that FGEAX's price experiences larger fluctuations and is considered to be riskier than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGEAX	FTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.67%	6.22%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	14.92%	13.22%	+1.70%
Volatility (1Y) Calculated over the trailing 1-year period	17.89%	15.25%	+2.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.17%	15.46%	+3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.69%	16.09%	+2.60%

FGEAX vs. FTIHX - Expense Ratio Comparison

FGEAX has a 1.15% expense ratio, which is higher than FTIHX's 0.06% expense ratio.

Dividends

FGEAX vs. FTIHX - Dividend Comparison

FGEAX's dividend yield for the trailing twelve months is around 8.33%, more than FTIHX's 2.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGEAX Fidelity Advisor Global Capital Appreciation Fund Class A	8.33%	9.67%	14.80%	6.42%	0.00%	8.01%	0.00%	0.40%	10.62%	13.66%	1.03%	0.57%
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 FGEAX and FTIHX in my portfolio?

FGEAX and FTIHX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FGEAX or FTIHX?

FGEAX has higher volatility (7.67%) compared to FTIHX (6.22%). In terms of maximum drawdown, FGEAX dropped -61.78% vs FTIHX's -35.75%.

Which has better risk-adjusted returns?

FTIHX currently has the higher Sharpe Ratio (2.24 vs 1.97), 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.