FMIEX vs. SSGLX
Compare and contrast key facts about Wasatch Global Value Fund Investor Class Shares (FMIEX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX).
FMIEX is managed by Wasatch. It was launched on Sep 25, 1996. SSGLX is a passively managed fund by State Street that tracks the performance of the MSCI ACWI ex USA Investable Market Index. It was launched on Sep 17, 2014.
Performance
FMIEX vs. SSGLX - Performance Comparison
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FMIEX vs. SSGLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FMIEX Wasatch Global Value Fund Investor Class Shares | 6.04% | 30.93% | 8.66% | 5.67% | -0.12% | 25.11% | 2.04% | 17.27% | -5.67% | 11.21% |
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K | -0.64% | 32.64% | 4.98% | 15.67% | -16.44% | 8.36% | 11.11% | 21.52% | -14.05% | 27.12% |
Returns By Period
In the year-to-date period, FMIEX achieves a 6.04% return, which is significantly higher than SSGLX's -0.64% return. Over the past 10 years, FMIEX has outperformed SSGLX with an annualized return of 11.03%, while SSGLX has yielded a comparatively lower 8.58% annualized return.
FMIEX
- 1D
- 0.60%
- 1M
- -5.84%
- YTD
- 6.04%
- 6M
- 10.61%
- 1Y
- 24.34%
- 3Y*
- 16.68%
- 5Y*
- 11.63%
- 10Y*
- 11.03%
SSGLX
- 1D
- 0.39%
- 1M
- -10.87%
- YTD
- -0.64%
- 6M
- 4.10%
- 1Y
- 24.88%
- 3Y*
- 14.40%
- 5Y*
- 6.92%
- 10Y*
- 8.58%
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FMIEX vs. SSGLX - Expense Ratio Comparison
FMIEX has a 1.10% expense ratio, which is higher than SSGLX's 0.07% expense ratio.
Return for Risk
FMIEX vs. SSGLX — Risk / Return Rank
FMIEX
SSGLX
FMIEX vs. SSGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Global Value Fund Investor Class Shares (FMIEX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX). 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.
| FMIEX | SSGLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.14 | 1.56 | +0.58 |
Sortino ratioReturn per unit of downside risk | 2.85 | 2.12 | +0.73 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.32 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.57 | 2.00 | +0.57 |
Martin ratioReturn relative to average drawdown | 11.99 | 7.90 | +4.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FMIEX | SSGLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 1.56 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.48 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.53 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.37 | +0.21 |
Correlation
The correlation between FMIEX and SSGLX is 0.73, 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
FMIEX vs. SSGLX - Dividend Comparison
FMIEX's dividend yield for the trailing twelve months is around 4.95%, more than SSGLX's 4.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMIEX Wasatch Global Value Fund Investor Class Shares | 4.95% | 5.76% | 9.02% | 3.27% | 8.54% | 4.34% | 1.74% | 3.82% | 18.46% | 16.45% | 5.16% | 11.75% |
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K | 4.44% | 4.41% | 4.46% | 2.98% | 2.85% | 4.20% | 1.72% | 4.80% | 8.32% | 3.98% | 1.52% | 2.09% |
Drawdowns
FMIEX vs. SSGLX - Drawdown Comparison
The maximum FMIEX drawdown since its inception was -49.85%, which is greater than SSGLX's maximum drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for FMIEX and SSGLX.
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Drawdown Indicators
| FMIEX | SSGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.85% | -35.88% | -13.97% |
Max Drawdown (1Y)Largest decline over 1 year | -9.34% | -11.22% | +1.88% |
Max Drawdown (5Y)Largest decline over 5 years | -18.63% | -30.08% | +11.45% |
Max Drawdown (10Y)Largest decline over 10 years | -39.33% | -35.88% | -3.45% |
Current DrawdownCurrent decline from peak | -5.84% | -10.87% | +5.03% |
Average DrawdownAverage peak-to-trough decline | -6.61% | -8.32% | +1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 2.84% | -0.80% |
Volatility
FMIEX vs. SSGLX - Volatility Comparison
The current volatility for Wasatch Global Value Fund Investor Class Shares (FMIEX) is 3.51%, while State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX) has a volatility of 6.44%. This indicates that FMIEX experiences smaller price fluctuations and is considered to be less risky than SSGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FMIEX | SSGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.51% | 6.44% | -2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 6.70% | 10.02% | -3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.81% | 15.49% | -3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.77% | 14.49% | -1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.73% | 16.15% | -0.42% |