FIWCX vs. GTMIX
Compare and contrast key facts about Fidelity SAI International Value Index Fund (FIWCX) and GMO Tax-Managed International Equities Fund (GTMIX).
FIWCX is managed by Fidelity. It was launched on Dec 19, 2017. GTMIX is managed by GMO. It was launched on Jul 28, 1998.
Performance
FIWCX vs. GTMIX - Performance Comparison
Loading graphics...
FIWCX vs. GTMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIWCX Fidelity SAI International Value Index Fund | 5.56% | 43.38% | 4.94% | 18.99% | -5.96% | 13.88% | -3.94% | 17.30% | -16.13% | 0.77% |
GTMIX GMO Tax-Managed International Equities Fund | 8.42% | 46.17% | 1.54% | 14.96% | -10.13% | 10.71% | 7.50% | 23.35% | -21.23% | 0.95% |
Returns By Period
In the year-to-date period, FIWCX achieves a 5.56% return, which is significantly lower than GTMIX's 8.42% return.
FIWCX
- 1D
- 2.70%
- 1M
- -5.00%
- YTD
- 5.56%
- 6M
- 13.36%
- 1Y
- 35.11%
- 3Y*
- 20.49%
- 5Y*
- 12.78%
- 10Y*
- —
GTMIX
- 1D
- 2.48%
- 1M
- -3.58%
- YTD
- 8.42%
- 6M
- 17.91%
- 1Y
- 41.17%
- 3Y*
- 20.26%
- 5Y*
- 11.29%
- 10Y*
- 9.87%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIWCX vs. GTMIX - Expense Ratio Comparison
FIWCX has a 0.17% expense ratio, which is lower than GTMIX's 0.68% expense ratio.
Return for Risk
FIWCX vs. GTMIX — Risk / Return Rank
FIWCX
GTMIX
FIWCX vs. GTMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International Value Index Fund (FIWCX) and GMO Tax-Managed International Equities Fund (GTMIX). 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.
| FIWCX | GTMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.15 | 2.67 | -0.51 |
Sortino ratioReturn per unit of downside risk | 2.77 | 3.40 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.52 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.67 | 3.54 | -0.87 |
Martin ratioReturn relative to average drawdown | 10.70 | 16.76 | -6.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FIWCX | GTMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 2.67 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.76 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.40 | +0.06 |
Correlation
The correlation between FIWCX and GTMIX is 0.94, 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
FIWCX vs. GTMIX - Dividend Comparison
FIWCX's dividend yield for the trailing twelve months is around 6.61%, less than GTMIX's 20.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIWCX Fidelity SAI International Value Index Fund | 6.61% | 6.97% | 4.26% | 5.88% | 4.66% | 8.74% | 1.58% | 3.40% | 2.18% | 0.07% | 0.00% | 0.00% |
GTMIX GMO Tax-Managed International Equities Fund | 20.69% | 22.43% | 5.94% | 0.36% | 5.44% | 16.55% | 2.25% | 4.13% | 7.25% | 2.96% | 4.05% | 3.26% |
Drawdowns
FIWCX vs. GTMIX - Drawdown Comparison
The maximum FIWCX drawdown since its inception was -42.73%, smaller than the maximum GTMIX drawdown of -58.31%. Use the drawdown chart below to compare losses from any high point for FIWCX and GTMIX.
Loading graphics...
Drawdown Indicators
| FIWCX | GTMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.73% | -58.31% | +15.58% |
Max Drawdown (1Y)Largest decline over 1 year | -11.13% | -11.24% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -28.49% | -28.81% | +0.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.32% | — |
Current DrawdownCurrent decline from peak | -6.93% | -4.51% | -2.42% |
Average DrawdownAverage peak-to-trough decline | -9.23% | -12.75% | +3.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.02% | 2.38% | +0.64% |
Volatility
FIWCX vs. GTMIX - Volatility Comparison
Fidelity SAI International Value Index Fund (FIWCX) has a higher volatility of 7.35% compared to GMO Tax-Managed International Equities Fund (GTMIX) at 5.97%. This indicates that FIWCX's price experiences larger fluctuations and is considered to be riskier than GTMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FIWCX | GTMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.35% | 5.97% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 10.72% | 9.56% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.63% | 15.56% | +1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 14.91% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 16.06% | +2.19% |