FGKPX vs. FPADX
Compare and contrast key facts about Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX) and Fidelity Emerging Markets Index Fund (FPADX).
FGKPX is managed by Fidelity. It was launched on Jan 30, 2019. FPADX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGKPX or FPADX.
Correlation
The correlation between FGKPX and FPADX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FGKPX vs. FPADX - Performance Comparison
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Key characteristics
FGKPX:
0.84
FPADX:
0.61
FGKPX:
1.35
FPADX:
1.05
FGKPX:
1.18
FPADX:
1.13
FGKPX:
0.78
FPADX:
0.46
FGKPX:
2.11
FPADX:
2.03
FGKPX:
4.81%
FPADX:
5.69%
FGKPX:
10.50%
FPADX:
17.27%
FGKPX:
-32.05%
FPADX:
-39.16%
FGKPX:
-1.26%
FPADX:
-11.05%
Returns By Period
In the year-to-date period, FGKPX achieves a 5.71% return, which is significantly lower than FPADX's 9.94% return.
FGKPX
5.71%
8.66%
4.49%
8.77%
9.73%
N/A
FPADX
9.94%
11.00%
7.37%
10.39%
7.53%
3.32%
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FGKPX vs. FPADX - Expense Ratio Comparison
FGKPX has a 0.23% expense ratio, which is higher than FPADX's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FGKPX vs. FPADX — Risk-Adjusted Performance Rank
FGKPX
FPADX
FGKPX vs. FPADX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX) and Fidelity Emerging Markets Index Fund (FPADX). 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.
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Dividends
FGKPX vs. FPADX - Dividend Comparison
FGKPX's dividend yield for the trailing twelve months is around 4.80%, more than FPADX's 2.45% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FGKPX Fidelity SAI Emerging Markets Low Volatility Index Fund | 4.80% | 5.07% | 2.91% | 1.88% | 2.30% | 1.77% | 1.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FPADX Fidelity Emerging Markets Index Fund | 2.45% | 2.70% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 1.88% | 1.69% | 2.47% | 2.03% |
Drawdowns
FGKPX vs. FPADX - Drawdown Comparison
The maximum FGKPX drawdown since its inception was -32.05%, smaller than the maximum FPADX drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FGKPX and FPADX. For additional features, visit the drawdowns tool.
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Volatility
FGKPX vs. FPADX - Volatility Comparison
The current volatility for Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX) is 2.71%, while Fidelity Emerging Markets Index Fund (FPADX) has a volatility of 3.92%. This indicates that FGKPX experiences smaller price fluctuations and is considered to be less risky than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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