FIUIX vs. DGFAX
FIUIX (Fidelity Telecom and Utilities Fund) and DGFAX (Davis Global Fund) are both mutual funds - FIUIX is a Utilities Equities fund managed by Fidelity, while DGFAX is a Global Equities fund managed by Davis. Over the past 10 years, FIUIX returned 8.58%/yr vs 10.89%/yr for DGFAX. Their 0.51 correlation means they have sometimes moved together and sometimes differently. FIUIX charges 0.68%/yr vs 0.96%/yr for DGFAX.
Performance
FIUIX vs. DGFAX - Performance Comparison
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Returns By Period
In the year-to-date period, FIUIX achieves a 1.77% return, which is significantly lower than DGFAX's 3.25% return. Over the past 10 years, FIUIX has underperformed DGFAX with an annualized return of 8.58%, while DGFAX has yielded a comparatively higher 10.89% annualized return.
FIUIX
- 1D
- -0.30%
- 1M
- -2.86%
- 6M
- 0.96%
- YTD
- 1.77%
- 1Y
- -4.48%
- 3Y*
- 13.90%
- 5Y*
- 9.48%
- 10Y*
- 8.58%
- ALL TIME*
- 9.01%
DGFAX
- 1D
- 0.20%
- 1M
- 3.34%
- 6M
- 3.53%
- YTD
- 3.25%
- 1Y
- 20.89%
- 3Y*
- 17.38%
- 5Y*
- 9.06%
- 10Y*
- 10.89%
- ALL TIME*
- 8.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DGFAX Davis Global Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
FIUIX vs. DGFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIUIX Fidelity Telecom and Utilities Fund | 1.77% | 4.91% | 30.29% | 3.37% | 5.00% | 7.18% | 2.08% | 22.09% | 3.33% | 11.98% |
DGFAX Davis Global Fund | 3.25% | 31.85% | 22.59% | 17.22% | -16.53% | -5.15% | 23.06% | 31.61% | -20.73% | 33.33% |
Correlation
The correlation between FIUIX and DGFAX is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.29 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.33 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2004 | 0.51 |
Over the past year, the correlation between FIUIX and DGFAX has dropped to 0.21 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
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Return for Risk
FIUIX vs. DGFAX — Risk / Return Rank
FIUIX
DGFAX
FIUIX vs. DGFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Telecom and Utilities Fund (FIUIX) and Davis Global Fund (DGFAX). 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.
| FIUIX | DGFAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.22 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 1.43 | -1.78 |
| Martin ratioReturn relative to average drawdown | -0.77 | 4.56 | -5.33 |
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Drawdowns
FIUIX vs. DGFAX - Drawdown Comparison
The maximum FIUIX drawdown since its inception was -66.48%, roughly equal to the maximum DGFAX drawdown of -65.64%. Use the drawdown chart below to compare losses from any high point for FIUIX and DGFAX.
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Drawdown Indicators
| FIUIX | DGFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.48% | -65.64% | -0.84% |
Max Drawdown (1Y)Largest decline over 1 year | -13.84% | -12.72% | -1.12% |
Max Drawdown (3Y)Largest decline over 3 years | -13.84% | -16.92% | +3.08% |
Max Drawdown (5Y)Largest decline over 5 years | -16.64% | -34.13% | +17.49% |
Max Drawdown (10Y)Largest decline over 10 years | -33.51% | -42.47% | +8.96% |
Current DrawdownCurrent decline from peak | -10.43% | -0.69% | -9.74% |
Average DrawdownAverage peak-to-trough decline | -11.73% | -14.60% | +2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.23% | 3.98% | +2.25% |
Volatility
FIUIX vs. DGFAX - Volatility Comparison
The current volatility for Fidelity Telecom and Utilities Fund (FIUIX) is 3.73%, while Davis Global Fund (DGFAX) has a volatility of 4.04%. This indicates that FIUIX experiences smaller price fluctuations and is considered to be less risky than DGFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIUIX | DGFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 4.04% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 11.48% | 11.41% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.74% | 14.86% | +0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.96% | 20.27% | -4.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.19% | 19.91% | -2.72% |
FIUIX vs. DGFAX - Expense Ratio Comparison
FIUIX has a 0.68% expense ratio, which is lower than DGFAX's 0.96% expense ratio.
Dividends
FIUIX vs. DGFAX - Dividend Comparison
FIUIX's dividend yield for the trailing twelve months is around 3.18%, less than DGFAX's 7.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGFAX Davis Global Fund | 7.59% | 7.83% | 13.06% | 1.07% | 0.00% | 11.55% | 0.27% | 1.88% | 9.25% | 0.00% | 0.00% | 6.12% |
FIUIX Fidelity Telecom and Utilities Fund | 3.18% | 2.34% | 6.50% | 7.60% | 3.77% | 5.19% | 3.73% | 6.88% | 10.10% | 5.99% | 3.33% | 3.65% |
Frequently Asked Questions
FIUIX and DGFAX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DGFAX has higher volatility (4.04%) compared to FIUIX (3.73%). In terms of maximum drawdown, FIUIX dropped -66.48% vs DGFAX's -65.64%.
DGFAX currently has the higher Sharpe Ratio (1.23 vs -0.31), 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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