FICQX vs. SPYG

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity International Capital Appreciation Fund (FICQX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG).

FICQX is an actively managed fund by Fidelity. It was launched on Jul 17, 2025. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.

Performance

FICQX vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Capital Appreciation Fund (FICQX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). The values are adjusted to include any dividend payments, if applicable.

FICQX vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025
FICQX Fidelity International Capital Appreciation Fund	-4.87%	0.38%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	-6.91%	7.07%

Returns By Period

In the year-to-date period, FICQX achieves a -4.87% return, which is significantly higher than SPYG's -6.91% return.

FICQX

• 1D: 3.60%
• 1M: -9.02%
• YTD: -4.87%
• 6M: -5.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPYG

• 1D: 1.32%
• 1M: -4.24%
• YTD: -6.91%
• 6M: -5.21%
• 1Y: 23.24%
• 3Y*: 22.39%
• 5Y*: 12.53%
• 10Y*: 15.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FICQX vs. SPYG - Expense Ratio Comparison

FICQX has a 0.81% expense ratio, which is higher than SPYG's 0.04% expense ratio.

FICQX

Fidelity International Capital Appreciation Fund

SPYG

State Street SPDR Portfolio S&P 500 Growth ETF

Return for Risk

FICQX vs. SPYG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPYG

SPYG Risk / Return Rank: 62
SPYG Sharpe Ratio Rank: 56
SPYG Sortino Ratio Rank: 61
SPYG Omega Ratio Rank: 60
SPYG Calmar Ratio Rank: 67
SPYG Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FICQX vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Capital Appreciation Fund (FICQX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FICQX	SPYG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.04	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	0.32	-0.76

Correlation

The correlation between FICQX and SPYG is 0.79, 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

FICQX vs. SPYG - Dividend Comparison

FICQX's dividend yield for the trailing twelve months is around 6.28%, more than SPYG's 0.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FICQX Fidelity International Capital Appreciation Fund	6.28%	5.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.57%	0.52%	0.60%	1.15%	1.03%	0.62%	0.90%	1.37%	1.51%	1.41%	1.55%	1.57%

Drawdowns

FICQX vs. SPYG - Drawdown Comparison

The maximum FICQX drawdown since its inception was -14.45%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for FICQX and SPYG.

Drawdown Indicators

	FICQX	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-14.45%	-67.63%	+53.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.67%	—
Current Drawdown Current decline from peak	-11.37%	-9.06%	-2.31%
Average Drawdown Average peak-to-trough decline	-2.79%	-24.48%	+21.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.55%	—

Volatility

Volatility by Period

	FICQX	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.06%	22.42%	-5.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.06%	21.13%	-4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.06%	20.57%	-3.51%