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FIGRX vs. FIENX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FIGRXFIENX

Correlation

-0.50.00.51.00.9

The correlation between FIGRX and FIENX is 0.93, 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.

Performance

FIGRX vs. FIENX - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.59%
0
FIGRX
FIENX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FIGRX vs. FIENX - Expense Ratio Comparison

FIGRX has a 0.99% expense ratio, which is higher than FIENX's 0.55% expense ratio.


FIGRX
Fidelity International Discovery Fund
Expense ratio chart for FIGRX: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for FIENX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Risk-Adjusted Performance

FIGRX vs. FIENX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Discovery Fund (FIGRX) and Fidelity International Enhanced Index Fund (FIENX). 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.


FIGRX
Sharpe ratio
The chart of Sharpe ratio for FIGRX, currently valued at 2.07, compared to the broader market0.002.004.002.07
Sortino ratio
The chart of Sortino ratio for FIGRX, currently valued at 2.84, compared to the broader market0.005.0010.002.84
Omega ratio
The chart of Omega ratio for FIGRX, currently valued at 1.36, compared to the broader market1.002.003.004.001.36
Calmar ratio
The chart of Calmar ratio for FIGRX, currently valued at 1.10, compared to the broader market0.005.0010.0015.0020.0025.001.10
Martin ratio
The chart of Martin ratio for FIGRX, currently valued at 11.26, compared to the broader market0.0020.0040.0060.0080.00100.0011.26
FIENX
Sharpe ratio
The chart of Sharpe ratio for FIENX, currently valued at 1.50, compared to the broader market0.002.004.001.50
Sortino ratio
The chart of Sortino ratio for FIENX, currently valued at 11.27, compared to the broader market0.005.0010.0011.27
Omega ratio
The chart of Omega ratio for FIENX, currently valued at 8.84, compared to the broader market1.002.003.004.008.84
Calmar ratio
The chart of Calmar ratio for FIENX, currently valued at 0.43, compared to the broader market0.005.0010.0015.0020.0025.000.43
Martin ratio
The chart of Martin ratio for FIENX, currently valued at 181.57, compared to the broader market0.0020.0040.0060.0080.00100.00181.57

FIGRX vs. FIENX - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
2.07
1.50
FIGRX
FIENX

Dividends

FIGRX vs. FIENX - Dividend Comparison

FIGRX's dividend yield for the trailing twelve months is around 1.65%, while FIENX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FIGRX
Fidelity International Discovery Fund
1.65%1.91%0.35%2.90%0.47%1.72%1.35%1.10%1.68%1.05%0.68%3.10%
FIENX
Fidelity International Enhanced Index Fund
1.39%7.66%2.41%2.72%1.64%3.00%2.37%1.64%2.44%1.03%3.00%2.63%

Drawdowns

FIGRX vs. FIENX - Drawdown Comparison


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.60%
-6.43%
FIGRX
FIENX

Volatility

FIGRX vs. FIENX - Volatility Comparison

Fidelity International Discovery Fund (FIGRX) has a higher volatility of 3.58% compared to Fidelity International Enhanced Index Fund (FIENX) at 0.00%. This indicates that FIGRX's price experiences larger fluctuations and is considered to be riskier than FIENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
3.58%
0
FIGRX
FIENX