FPADX vs. CWGIX
Compare and contrast key facts about Fidelity Emerging Markets Index Fund (FPADX) and American Funds Capital World Growth and Income Fund Class A (CWGIX).
FPADX is managed by Fidelity. It was launched on Sep 8, 2011. CWGIX is managed by American Funds. It was launched on Mar 26, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPADX or CWGIX.
Performance
FPADX vs. CWGIX - Performance Comparison
Returns By Period
In the year-to-date period, FPADX achieves a 7.46% return, which is significantly lower than CWGIX's 13.12% return. Over the past 10 years, FPADX has underperformed CWGIX with an annualized return of 3.07%, while CWGIX has yielded a comparatively higher 7.94% annualized return.
FPADX
7.46%
-5.68%
-0.92%
12.20%
2.73%
3.07%
CWGIX
13.12%
-3.20%
2.54%
20.25%
9.23%
7.94%
Key characteristics
| FPADX | CWGIX | |
|---|---|---|
| Sharpe Ratio | 0.82 | 1.81 |
| Sortino Ratio | 1.23 | 2.50 |
| Omega Ratio | 1.15 | 1.33 |
| Calmar Ratio | 0.40 | 2.51 |
| Martin Ratio | 3.93 | 11.18 |
| Ulcer Index | 2.93% | 1.88% |
| Daily Std Dev | 14.03% | 11.57% |
| Max Drawdown | -39.16% | -53.59% |
| Current Drawdown | -18.59% | -3.47% |
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FPADX vs. CWGIX - Expense Ratio Comparison
FPADX has a 0.08% expense ratio, which is lower than CWGIX's 0.75% expense ratio.
Correlation
The correlation between FPADX and CWGIX is 0.78, 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.
Risk-Adjusted Performance
FPADX vs. CWGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Index Fund (FPADX) and American Funds Capital World Growth and Income Fund Class A (CWGIX). 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.
Dividends
FPADX vs. CWGIX - Dividend Comparison
FPADX's dividend yield for the trailing twelve months is around 2.49%, more than CWGIX's 1.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPADX Fidelity Emerging Markets Index Fund | 2.49% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 1.76% | 1.69% | 2.47% | 2.03% | 2.15% |
CWGIX American Funds Capital World Growth and Income Fund Class A | 1.65% | 1.85% | 2.09% | 1.62% | 1.23% | 1.68% | 2.44% | 1.82% | 2.44% | 2.40% | 2.24% | 2.19% |
Drawdowns
FPADX vs. CWGIX - Drawdown Comparison
The maximum FPADX drawdown since its inception was -39.16%, smaller than the maximum CWGIX drawdown of -53.59%. Use the drawdown chart below to compare losses from any high point for FPADX and CWGIX. For additional features, visit the drawdowns tool.
Volatility
FPADX vs. CWGIX - Volatility Comparison
Fidelity Emerging Markets Index Fund (FPADX) has a higher volatility of 4.42% compared to American Funds Capital World Growth and Income Fund Class A (CWGIX) at 3.07%. This indicates that FPADX's price experiences larger fluctuations and is considered to be riskier than CWGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.