FGOMX vs. FSAMX
FGOMX (Strategic Advisers Fidelity Emerging Markets Fund) and FSAMX (Strategic Advisers Emerging Markets Fund) are both Emerging Markets Equities funds from Fidelity. Over the past 5 years, FGOMX returned 8.30%/yr vs 7.91%/yr for FSAMX. Their 0.98 correlation means they have historically moved very closely together. FGOMX charges 0.25%/yr vs 0.33%/yr for FSAMX.
Performance
FGOMX vs. FSAMX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FGOMX having a 20.10% return and FSAMX slightly lower at 19.46%.
FGOMX
- 1D
- 3.87%
- 1M
- -3.29%
- 6M
- 7.90%
- YTD
- 20.10%
- 1Y
- 38.55%
- 3Y*
- 19.98%
- 5Y*
- 8.30%
- 10Y*
- —
- ALL TIME*
- 10.38%
FSAMX
- 1D
- 4.06%
- 1M
- -3.53%
- 6M
- 7.46%
- YTD
- 19.46%
- 1Y
- 37.68%
- 3Y*
- 19.73%
- 5Y*
- 7.91%
- 10Y*
- 9.30%
- ALL TIME*
- 5.36%
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 |
FGOMX vs. FSAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FGOMX Strategic Advisers Fidelity Emerging Markets Fund | 20.10% | 34.20% | 7.88% | 12.23% | -22.45% | -0.19% | 22.10% | 22.25% | -4.83% |
FSAMX Strategic Advisers Emerging Markets Fund | 19.46% | 34.09% | 8.34% | 11.94% | -22.32% | -2.15% | 20.39% | 21.87% | -2.80% |
Correlation
The correlation between FGOMX and FSAMX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.98 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2018 | 0.98 |
The correlation between FGOMX and FSAMX has been stable across timeframes, ranging from 0.96 to 1.00 - a consistent structural relationship.
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Return for Risk
FGOMX vs. FSAMX — Risk / Return Rank
FGOMX
FSAMX
FGOMX vs. FSAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) and Strategic Advisers Emerging Markets Fund (FSAMX). 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.
| FGOMX | FSAMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.33 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 3.10 | +0.16 |
| Martin ratioReturn relative to average drawdown | 10.05 | 9.66 | +0.40 |
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Drawdowns
FGOMX vs. FSAMX - Drawdown Comparison
The maximum FGOMX drawdown since its inception was -40.14%, roughly equal to the maximum FSAMX drawdown of -40.87%. Use the drawdown chart below to compare losses from any high point for FGOMX and FSAMX.
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Drawdown Indicators
| FGOMX | FSAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.14% | -40.87% | +0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -13.54% | -13.92% | +0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -16.71% | -16.77% | +0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -35.80% | -36.47% | +0.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.87% | — |
Current DrawdownCurrent decline from peak | -10.19% | -10.42% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -13.20% | -13.85% | +0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 4.19% | -0.07% |
Volatility
FGOMX vs. FSAMX - Volatility Comparison
Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) and Strategic Advisers Emerging Markets Fund (FSAMX) have volatilities of 9.18% and 9.34%, 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
| FGOMX | FSAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.18% | 9.34% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 20.68% | 20.85% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.69% | 23.83% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.85% | 18.57% | +0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.81% | 18.40% | +1.41% |
FGOMX vs. FSAMX - Expense Ratio Comparison
FGOMX has a 0.25% expense ratio, which is lower than FSAMX's 0.33% expense ratio.
Dividends
FGOMX vs. FSAMX - Dividend Comparison
FGOMX's dividend yield for the trailing twelve months is around 6.94%, more than FSAMX's 5.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGOMX Strategic Advisers Fidelity Emerging Markets Fund | 6.94% | 2.17% | 2.40% | 2.83% | 2.42% | 4.63% | 0.73% | 2.13% | 0.00% | 0.00% | 0.00% | 0.00% |
FSAMX Strategic Advisers Emerging Markets Fund | 5.18% | 2.38% | 2.53% | 2.57% | 2.64% | 3.04% | 0.99% | 2.09% | 1.67% | 1.30% | 1.22% | 1.35% |
Frequently Asked Questions
With a correlation of 1.00, FGOMX and FSAMX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FSAMX has higher volatility (9.34%) compared to FGOMX (9.18%). In terms of maximum drawdown, FGOMX dropped -40.14% vs FSAMX's -40.87%.
FGOMX currently has the higher Sharpe Ratio (1.87 vs 1.81), 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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