FQITX vs. FSGGX
Compare and contrast key facts about Fidelity SAI International Quality Index Fund (FQITX) and Fidelity Global ex U.S. Index Fund (FSGGX).
FQITX is managed by Fidelity. It was launched on May 11, 2020. FSGGX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI (All Country World Index) ex USA Index. It was launched on Aug 9, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FQITX or FSGGX.
Correlation
The correlation between FQITX and FSGGX is 0.92, 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.
Performance
FQITX vs. FSGGX - Performance Comparison
Key characteristics
FQITX:
0.55
FSGGX:
1.05
FQITX:
0.86
FSGGX:
1.51
FQITX:
1.10
FSGGX:
1.19
FQITX:
0.56
FSGGX:
1.33
FQITX:
1.39
FSGGX:
3.34
FQITX:
5.23%
FSGGX:
3.89%
FQITX:
13.29%
FSGGX:
12.27%
FQITX:
-37.32%
FSGGX:
-34.76%
FQITX:
-4.19%
FSGGX:
-2.01%
Returns By Period
In the year-to-date period, FQITX achieves a 7.91% return, which is significantly higher than FSGGX's 7.00% return.
FQITX
7.91%
8.89%
2.23%
7.99%
N/A
N/A
FSGGX
7.00%
7.90%
4.37%
13.65%
5.60%
5.16%
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FQITX vs. FSGGX - Expense Ratio Comparison
FQITX has a 0.19% expense ratio, which is higher than FSGGX's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FQITX vs. FSGGX — Risk-Adjusted Performance Rank
FQITX
FSGGX
FQITX vs. FSGGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International Quality Index Fund (FQITX) and Fidelity Global ex U.S. Index Fund (FSGGX). 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
FQITX vs. FSGGX - Dividend Comparison
FQITX's dividend yield for the trailing twelve months is around 1.48%, less than FSGGX's 2.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FQITX Fidelity SAI International Quality Index Fund | 1.48% | 1.60% | 2.54% | 3.13% | 1.77% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSGGX Fidelity Global ex U.S. Index Fund | 2.72% | 2.91% | 2.95% | 2.64% | 2.60% | 1.71% | 2.85% | 2.66% | 2.09% | 2.06% | 2.44% | 2.61% |
Drawdowns
FQITX vs. FSGGX - Drawdown Comparison
The maximum FQITX drawdown since its inception was -37.32%, which is greater than FSGGX's maximum drawdown of -34.76%. Use the drawdown chart below to compare losses from any high point for FQITX and FSGGX. For additional features, visit the drawdowns tool.
Volatility
FQITX vs. FSGGX - Volatility Comparison
Fidelity SAI International Quality Index Fund (FQITX) has a higher volatility of 3.78% compared to Fidelity Global ex U.S. Index Fund (FSGGX) at 3.27%. This indicates that FQITX's price experiences larger fluctuations and is considered to be riskier than FSGGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.