FGILX vs. FXAIX
Compare and contrast key facts about Fidelity Global Equity Income Fund (FGILX) and Fidelity 500 Index Fund (FXAIX).
FGILX is managed by Fidelity. It was launched on May 2, 2012. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGILX or FXAIX.
Key characteristics
| FGILX | FXAIX | |
|---|---|---|
| YTD Return | 16.38% | 27.28% |
| 1Y Return | 25.77% | 37.86% |
| 3Y Return (Ann) | 6.30% | 10.36% |
| 5Y Return (Ann) | 11.16% | 16.05% |
| 10Y Return (Ann) | 9.37% | 13.34% |
| Sharpe Ratio | 2.74 | 3.24 |
| Sortino Ratio | 3.77 | 4.29 |
| Omega Ratio | 1.50 | 1.61 |
| Calmar Ratio | 3.89 | 4.74 |
| Martin Ratio | 17.81 | 21.47 |
| Ulcer Index | 1.52% | 1.86% |
| Daily Std Dev | 9.82% | 12.29% |
| Max Drawdown | -30.59% | -33.79% |
| Current Drawdown | -0.81% | 0.00% |
Correlation
The correlation between FGILX and FXAIX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FGILX vs. FXAIX - Performance Comparison
In the year-to-date period, FGILX achieves a 16.38% return, which is significantly lower than FXAIX's 27.28% return. Over the past 10 years, FGILX has underperformed FXAIX with an annualized return of 9.37%, while FXAIX has yielded a comparatively higher 13.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FGILX vs. FXAIX - Expense Ratio Comparison
FGILX has a 1.02% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FGILX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Equity Income Fund (FGILX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
FGILX vs. FXAIX - Dividend Comparison
FGILX's dividend yield for the trailing twelve months is around 1.04%, less than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGILX Fidelity Global Equity Income Fund | 1.04% | 1.25% | 1.21% | 0.71% | 0.98% | 1.47% | 2.06% | 1.18% | 1.27% | 3.06% | 10.44% | 3.95% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
FGILX vs. FXAIX - Drawdown Comparison
The maximum FGILX drawdown since its inception was -30.59%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FGILX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FGILX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Global Equity Income Fund (FGILX) is 2.82%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.88%. This indicates that FGILX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.