FGKPX vs. FEDGX
Compare and contrast key facts about Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX) and Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX).
FGKPX is managed by Fidelity. It was launched on Jan 30, 2019. FEDGX is managed by Fidelity. It was launched on Nov 1, 2011.
Performance
FGKPX vs. FEDGX - Performance Comparison
Loading graphics...
FGKPX vs. FEDGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FGKPX Fidelity SAI Emerging Markets Low Volatility Index Fund | 0.61% | 12.56% | 5.96% | 15.28% | -12.98% | 10.75% | 5.22% | 3.48% |
FEDGX Fidelity Advisor Emerging Markets Discovery Fund Class C | 5.82% | 30.50% | -4.59% | 19.45% | -12.76% | 5.51% | 15.73% | 11.01% |
Returns By Period
In the year-to-date period, FGKPX achieves a 0.61% return, which is significantly lower than FEDGX's 5.82% return.
FGKPX
- 1D
- 1.67%
- 1M
- -2.77%
- YTD
- 0.61%
- 6M
- 2.22%
- 1Y
- 13.45%
- 3Y*
- 10.23%
- 5Y*
- 5.04%
- 10Y*
- —
FEDGX
- 1D
- 1.87%
- 1M
- -6.17%
- YTD
- 5.82%
- 6M
- 11.14%
- 1Y
- 35.35%
- 3Y*
- 14.48%
- 5Y*
- 6.72%
- 10Y*
- 8.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FGKPX vs. FEDGX - Expense Ratio Comparison
FGKPX has a 0.23% expense ratio, which is lower than FEDGX's 2.25% expense ratio.
Return for Risk
FGKPX vs. FEDGX — Risk / Return Rank
FGKPX
FEDGX
FGKPX vs. FEDGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX) and Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX). 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.
| FGKPX | FEDGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.40 | 2.53 | -1.13 |
Sortino ratioReturn per unit of downside risk | 1.93 | 3.15 | -1.22 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.48 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.68 | 3.54 | -1.85 |
Martin ratioReturn relative to average drawdown | 5.61 | 13.63 | -8.02 |
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 graphics...
Sharpe Ratios by Period
| FGKPX | FEDGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 2.53 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.48 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.45 | -0.02 |
Correlation
The correlation between FGKPX and FEDGX is 0.84, 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.
Dividends
FGKPX vs. FEDGX - Dividend Comparison
FGKPX's dividend yield for the trailing twelve months is around 7.70%, more than FEDGX's 3.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FGKPX Fidelity SAI Emerging Markets Low Volatility Index Fund | 7.70% | 7.75% | 5.07% | 2.91% | 1.88% | 2.30% | 1.77% | 1.88% | 0.00% | 0.00% | 0.00% |
FEDGX Fidelity Advisor Emerging Markets Discovery Fund Class C | 3.60% | 3.81% | 3.01% | 1.09% | 0.57% | 10.88% | 0.00% | 0.00% | 0.49% | 1.54% | 0.58% |
Drawdowns
FGKPX vs. FEDGX - Drawdown Comparison
The maximum FGKPX drawdown since its inception was -32.05%, smaller than the maximum FEDGX drawdown of -44.26%. Use the drawdown chart below to compare losses from any high point for FGKPX and FEDGX.
Loading graphics...
Drawdown Indicators
| FGKPX | FEDGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.05% | -44.26% | +12.21% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -9.97% | +2.83% |
Max Drawdown (5Y)Largest decline over 5 years | -20.69% | -28.29% | +7.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.26% | — |
Current DrawdownCurrent decline from peak | -5.38% | -7.97% | +2.59% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -9.62% | +4.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 2.59% | -0.45% |
Volatility
FGKPX vs. FEDGX - Volatility Comparison
The current volatility for Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX) is 4.76%, while Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX) has a volatility of 6.74%. This indicates that FGKPX experiences smaller price fluctuations and is considered to be less risky than FEDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FGKPX | FEDGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.76% | 6.74% | -1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 6.59% | 9.91% | -3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.98% | 14.46% | -4.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.08% | 14.00% | -3.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.47% | 15.65% | -3.18% |