FIQRX vs. VCMDX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Global Commodity Stock Fund Class Z (FIQRX) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX).

FIQRX is managed by Fidelity. It was launched on Oct 2, 2018. VCMDX is managed by Vanguard. It was launched on Jun 25, 2019.

Performance

FIQRX vs. VCMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Global Commodity Stock Fund Class Z (FIQRX) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX). The values are adjusted to include any dividend payments, if applicable.

FIQRX vs. VCMDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FIQRX Fidelity Advisor Global Commodity Stock Fund Class Z	24.13%	28.74%	3.10%	-5.03%	20.90%	26.24%	6.27%	5.12%
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	17.80%	18.20%	5.27%	-7.45%	13.83%	34.82%	5.07%	2.74%

Returns By Period

In the year-to-date period, FIQRX achieves a 24.13% return, which is significantly higher than VCMDX's 17.80% return.

FIQRX

• 1D: 1.05%
• 1M: -1.31%
• YTD: 24.13%
• 6M: 33.36%
• 1Y: 53.05%
• 3Y*: 18.25%
• 5Y*: 15.87%
• 10Y*: —

VCMDX

• 1D: -0.42%
• 1M: 4.86%
• YTD: 17.80%
• 6M: 23.21%
• 1Y: 25.74%
• 3Y*: 11.96%
• 5Y*: 13.95%
• 10Y*: —

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

FIQRX vs. VCMDX - Expense Ratio Comparison

FIQRX has a 0.80% expense ratio, which is higher than VCMDX's 0.20% expense ratio.

FIQRX

Fidelity Advisor Global Commodity Stock Fund Class Z

VCMDX

Vanguard Commodity Strategy Fund Admiral Shares

Return for Risk

FIQRX vs. VCMDX — Risk / Return Rank

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

FIQRX

FIQRX Risk / Return Rank: 96
FIQRX Sharpe Ratio Rank: 97
FIQRX Sortino Ratio Rank: 95
FIQRX Omega Ratio Rank: 94
FIQRX Calmar Ratio Rank: 96
FIQRX Martin Ratio Rank: 98

VCMDX

VCMDX Risk / Return Rank: 85
VCMDX Sharpe Ratio Rank: 85
VCMDX Sortino Ratio Rank: 82
VCMDX Omega Ratio Rank: 79
VCMDX Calmar Ratio Rank: 93
VCMDX Martin Ratio Rank: 86

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.

FIQRX vs. VCMDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Global Commodity Stock Fund Class Z (FIQRX) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX). 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.

	FIQRX	VCMDX	Difference
Sharpe ratio Return per unit of total volatility	2.65	1.68	+0.98
Sortino ratio Return per unit of downside risk	3.16	2.16	+1.00
Omega ratio Gain probability vs. loss probability	1.50	1.31	+0.19
Calmar ratio Return relative to maximum drawdown	3.67	3.01	+0.66
Martin ratio Return relative to average drawdown	19.03	9.16	+9.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIQRX vs. VCMDX - Sharpe Ratio Comparison

The current FIQRX Sharpe Ratio is 2.65, which is higher than the VCMDX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of FIQRX and VCMDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FIQRX	VCMDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	1.68	+0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.89	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.83	-0.27

Correlation

The correlation between FIQRX and VCMDX is 0.59, 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.

Dividends

FIQRX vs. VCMDX - Dividend Comparison

FIQRX's dividend yield for the trailing twelve months is around 2.08%, less than VCMDX's 12.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FIQRX Fidelity Advisor Global Commodity Stock Fund Class Z	2.08%	2.58%	2.74%	2.28%	1.99%	3.55%	1.66%	3.34%	2.58%
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	12.91%	15.21%	2.19%	2.50%	14.21%	30.56%	0.50%	0.60%	0.00%

Drawdowns

FIQRX vs. VCMDX - Drawdown Comparison

The maximum FIQRX drawdown since its inception was -45.62%, which is greater than VCMDX's maximum drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for FIQRX and VCMDX.

Drawdown Indicators

	FIQRX	VCMDX	Difference
Max Drawdown Largest peak-to-trough decline	-45.62%	-26.67%	-18.95%
Max Drawdown (1Y) Largest decline over 1 year	-14.68%	-8.92%	-5.76%
Max Drawdown (5Y) Largest decline over 5 years	-27.18%	-25.45%	-1.73%
Current Drawdown Current decline from peak	-1.31%	-1.73%	+0.42%
Average Drawdown Average peak-to-trough decline	-9.58%	-11.10%	+1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	2.93%	-0.10%

Volatility

FIQRX vs. VCMDX - Volatility Comparison

Fidelity Advisor Global Commodity Stock Fund Class Z (FIQRX) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) have volatilities of 6.16% and 5.97%, 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.

Volatility by Period

	FIQRX	VCMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.16%	5.97%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	13.74%	12.20%	+1.54%
Volatility (1Y) Calculated over the trailing 1-year period	20.50%	15.60%	+4.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.55%	15.81%	+5.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.43%	15.40%	+9.03%