FGETX vs. GIDGX

Last updated Jun 4, 2026

FGETX (Fidelity Advisor Global Capital Appreciation Fund Class M) and GIDGX (Goldman Sachs Enhanced Dividend Global Equity Portfolio) are both Global Equities funds. Over the past 10 years, FGETX returned 13.28%/yr vs 10.87%/yr for GIDGX. Their correlation of 0.89 suggests significant overlap in exposure. FGETX charges 1.41%/yr vs 0.17%/yr for GIDGX.

Performance

FGETX vs. GIDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Global Capital Appreciation Fund Class M (FGETX) and Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FGETX achieves a 13.49% return, which is significantly higher than GIDGX's 11.66% return. Over the past 10 years, FGETX has outperformed GIDGX with an annualized return of 13.28%, while GIDGX has yielded a comparatively lower 10.87% annualized return.

FGETX

• 1D: 0.47%
• 1M: 6.38%
• YTD: 13.49%
• 6M: 14.96%
• 1Y: 30.78%
• 3Y*: 27.14%
• 5Y*: 14.62%
• 10Y*: 13.28%

GIDGX

• 1D: 0.18%
• 1M: 4.42%
• YTD: 11.66%
• 6M: 12.37%
• 1Y: 25.28%
• 3Y*: 19.10%
• 5Y*: 11.18%
• 10Y*: 10.87%

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

FGETX vs. GIDGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGETX Fidelity Advisor Global Capital Appreciation Fund Class M	13.49%	17.50%	38.90%	28.15%	-24.87%	18.56%	24.04%	22.43%	-18.44%	30.02%
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio	11.66%	15.74%	20.59%	17.92%	-12.75%	18.46%	8.41%	19.97%	-8.26%	15.18%

Correlation

The correlation between FGETX and GIDGX is 0.89, 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	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 5, 2009	0.89

The correlation between FGETX and GIDGX has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

Return for Risk

FGETX vs. GIDGX — Risk / Return Rank

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

FGETX

FGETX Risk / Return Rank: 41
FGETX Sharpe Ratio Rank: 42
FGETX Sortino Ratio Rank: 38
FGETX Omega Ratio Rank: 40
FGETX Calmar Ratio Rank: 40
FGETX Martin Ratio Rank: 47

GIDGX

GIDGX Risk / Return Rank: 82
GIDGX Sharpe Ratio Rank: 83
GIDGX Sortino Ratio Rank: 79
GIDGX Omega Ratio Rank: 78
GIDGX Calmar Ratio Rank: 80
GIDGX Martin Ratio Rank: 88

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.

FGETX vs. GIDGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Global Capital Appreciation Fund Class M (FGETX) and Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX). 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.

	FGETX	GIDGX	Difference
Sharpe ratio Return per unit of total volatility	1.89	2.68	-0.79
Sortino ratio Return per unit of downside risk	2.56	3.76	-1.20
Omega ratio Gain probability vs. loss probability	1.34	1.51	-0.17
Calmar ratio Return relative to maximum drawdown	2.40	3.62	-1.23
Martin ratio Return relative to average drawdown	9.73	17.38	-7.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGETX vs. GIDGX - Sharpe Ratio Comparison

The current FGETX Sharpe Ratio is 1.89, which is comparable to the GIDGX Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of FGETX and GIDGX, 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

	FGETX	GIDGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	2.68	-0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.87	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.77	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.69	-0.29

Drawdowns

FGETX vs. GIDGX - Drawdown Comparison

The maximum FGETX drawdown since its inception was -61.87%, which is greater than GIDGX's maximum drawdown of -31.63%. Use the drawdown chart below to compare losses from any high point for FGETX and GIDGX.

Drawdown Indicators

	FGETX	GIDGX	Difference
Max Drawdown Largest peak-to-trough decline	-61.87%	-31.63%	-30.24%
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	-7.14%	-5.93%
Max Drawdown (3Y) Largest decline over 3 years	-19.47%	-14.69%	-4.78%
Max Drawdown (5Y) Largest decline over 5 years	-33.08%	-20.39%	-12.69%
Max Drawdown (10Y) Largest decline over 10 years	-33.49%	-31.63%	-1.86%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.57%	-3.87%	-9.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	1.48%	+1.73%

Volatility

FGETX vs. GIDGX - Volatility Comparison

Fidelity Advisor Global Capital Appreciation Fund Class M (FGETX) has a higher volatility of 5.08% compared to Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) at 2.46%. This indicates that FGETX's price experiences larger fluctuations and is considered to be riskier than GIDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGETX	GIDGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.08%	2.46%	+2.62%
Volatility (6M) Calculated over the trailing 6-month period	13.40%	7.64%	+5.76%
Volatility (1Y) Calculated over the trailing 1-year period	16.53%	9.65%	+6.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.97%	12.99%	+5.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.60%	14.16%	+4.44%

FGETX vs. GIDGX - Expense Ratio Comparison

FGETX has a 1.41% expense ratio, which is higher than GIDGX's 0.17% expense ratio.

Dividends

FGETX vs. GIDGX - Dividend Comparison

FGETX's dividend yield for the trailing twelve months is around 9.31%, more than GIDGX's 5.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGETX Fidelity Advisor Global Capital Appreciation Fund Class M	9.31%	10.57%	15.99%	6.61%	0.00%	8.54%	0.00%	0.20%	11.00%	14.29%	1.07%	0.59%
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio	5.53%	5.92%	12.06%	4.32%	8.89%	8.41%	1.99%	4.85%	5.67%	3.35%	2.97%	3.21%

Frequently Asked Questions

Can I hold both FGETX and GIDGX in my portfolio?

FGETX and GIDGX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FGETX or GIDGX?

FGETX has higher volatility (5.08%) compared to GIDGX (2.46%). In terms of maximum drawdown, FGETX dropped -61.87% vs GIDGX's -31.63%.

Which has better risk-adjusted returns?

GIDGX currently has the higher Sharpe Ratio (2.68 vs 1.89), 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.