FGILX vs. REAYX
FGILX (Fidelity Global Equity Income Fund) and REAYX (Russell Investments Equity Income Fund) are both Dividend funds. Over the past 5 years, FGILX returned 11.41%/yr vs 10.71%/yr for REAYX. Their correlation of 0.88 means they have usually moved in the same direction. FGILX charges 1.02%/yr vs 0.66%/yr for REAYX.
Performance
FGILX vs. REAYX - Performance Comparison
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Returns By Period
In the year-to-date period, FGILX achieves a 10.92% return, which is significantly lower than REAYX's 17.91% return.
FGILX
- 1D
- 0.07%
- 1M
- 0.39%
- 6M
- 7.63%
- YTD
- 10.92%
- 1Y
- 22.09%
- 3Y*
- 17.80%
- 5Y*
- 11.41%
- 10Y*
- 12.08%
- ALL TIME*
- 11.27%
REAYX
- 1D
- 0.34%
- 1M
- 2.58%
- 6M
- 13.23%
- YTD
- 17.91%
- 1Y
- 27.93%
- 3Y*
- 16.02%
- 5Y*
- 10.71%
- 10Y*
- —
- ALL TIME*
- 11.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FGILX vs. REAYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGILX Fidelity Global Equity Income Fund | 10.92% | 25.99% | 13.80% | 15.33% | -11.93% | 19.05% | 14.49% | 30.20% | -10.93% | 16.51% |
REAYX Russell Investments Equity Income Fund | 17.91% | 14.66% | 11.90% | 12.50% | -8.86% | 27.01% | 9.06% | 29.57% | -8.60% | 13.19% |
Correlation
The correlation between FGILX and REAYX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Mar 1, 2017 | 0.88 |
The correlation between FGILX and REAYX shifts across timeframes, from 0.74 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FGILX vs. REAYX — Risk / Return Rank
FGILX
REAYX
FGILX vs. REAYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Equity Income Fund (FGILX) and Russell Investments Equity Income Fund (REAYX). 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.
| FGILX | REAYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.46 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 4.04 | -1.58 |
| Martin ratioReturn relative to average drawdown | 10.40 | 15.85 | -5.46 |
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Drawdowns
FGILX vs. REAYX - Drawdown Comparison
The maximum FGILX drawdown since its inception was -30.59%, smaller than the maximum REAYX drawdown of -36.87%. Use the drawdown chart below to compare losses from any high point for FGILX and REAYX.
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Drawdown Indicators
| FGILX | REAYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.59% | -36.87% | +6.28% |
Max Drawdown (1Y)Largest decline over 1 year | -8.69% | -6.66% | -2.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.29% | -20.66% | +8.37% |
Max Drawdown (5Y)Largest decline over 5 years | -21.40% | -20.66% | -0.74% |
Max Drawdown (10Y)Largest decline over 10 years | -30.59% | — | — |
Current DrawdownCurrent decline from peak | -0.98% | -0.34% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -3.60% | -4.85% | +1.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 1.69% | +0.36% |
Volatility
FGILX vs. REAYX - Volatility Comparison
Fidelity Global Equity Income Fund (FGILX) and Russell Investments Equity Income Fund (REAYX) have volatilities of 3.06% and 3.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGILX | REAYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 3.02% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 7.84% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.87% | 10.44% | +1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.61% | 16.73% | -3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.47% | 18.45% | -3.98% |
FGILX vs. REAYX - Expense Ratio Comparison
FGILX has a 1.02% expense ratio, which is higher than REAYX's 0.66% expense ratio.
Dividends
FGILX vs. REAYX - Dividend Comparison
FGILX's dividend yield for the trailing twelve months is around 1.90%, less than REAYX's 12.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGILX Fidelity Global Equity Income Fund | 1.90% | 2.06% | 2.38% | 1.25% | 1.21% | 11.94% | 3.17% | 1.51% | 6.23% | 2.10% | 1.27% | 2.75% |
REAYX Russell Investments Equity Income Fund | 12.80% | 15.24% | 15.38% | 13.55% | 19.72% | 10.47% | 3.61% | 1.86% | 45.26% | 14.47% | 0.00% | 0.00% |
Frequently Asked Questions
FGILX and REAYX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FGILX has higher volatility (3.06%) compared to REAYX (3.02%). In terms of maximum drawdown, FGILX dropped -30.59% vs REAYX's -36.87%.
REAYX currently has the higher Sharpe Ratio (2.59 vs 1.80), 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.
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