FSGEX vs. FINVX
Compare and contrast key facts about Fidelity Series Global ex U.S. Index Fund (FSGEX) and Fidelity Series International Value Fund (FINVX).
FSGEX is managed by Fidelity. It was launched on Sep 29, 2009. FINVX is managed by Fidelity. It was launched on Dec 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSGEX or FINVX.
Performance
FSGEX vs. FINVX - Performance Comparison
Returns By Period
In the year-to-date period, FSGEX achieves a 6.64% return, which is significantly lower than FINVX's 8.74% return. Over the past 10 years, FSGEX has underperformed FINVX with an annualized return of 4.55%, while FINVX has yielded a comparatively higher 6.04% annualized return.
FSGEX
6.64%
-3.78%
0.14%
12.74%
5.29%
4.55%
FINVX
8.74%
-3.20%
-0.47%
15.04%
8.97%
6.04%
Key characteristics
| FSGEX | FINVX | |
|---|---|---|
| Sharpe Ratio | 0.99 | 1.14 |
| Sortino Ratio | 1.44 | 1.57 |
| Omega Ratio | 1.18 | 1.20 |
| Calmar Ratio | 1.16 | 1.76 |
| Martin Ratio | 5.00 | 5.70 |
| Ulcer Index | 2.55% | 2.62% |
| Daily Std Dev | 12.88% | 13.15% |
| Max Drawdown | -34.73% | -42.48% |
| Current Drawdown | -7.28% | -7.24% |
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FSGEX vs. FINVX - Expense Ratio Comparison
Both FSGEX and FINVX have an expense ratio of 0.01%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between FSGEX and FINVX is 0.95, 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
FSGEX vs. FINVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Global ex U.S. Index Fund (FSGEX) and Fidelity Series International Value Fund (FINVX). 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
FSGEX vs. FINVX - Dividend Comparison
FSGEX's dividend yield for the trailing twelve months is around 2.72%, less than FINVX's 3.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSGEX Fidelity Series Global ex U.S. Index Fund | 2.72% | 2.90% | 2.78% | 2.59% | 1.68% | 2.00% | 2.86% | 2.33% | 2.51% | 2.61% | 3.12% | 1.98% |
FINVX Fidelity Series International Value Fund | 3.03% | 3.29% | 3.33% | 5.02% | 2.83% | 3.68% | 4.05% | 2.90% | 2.43% | 2.14% | 12.37% | 4.61% |
Drawdowns
FSGEX vs. FINVX - Drawdown Comparison
The maximum FSGEX drawdown since its inception was -34.73%, smaller than the maximum FINVX drawdown of -42.48%. Use the drawdown chart below to compare losses from any high point for FSGEX and FINVX. For additional features, visit the drawdowns tool.
Volatility
FSGEX vs. FINVX - Volatility Comparison
Fidelity Series Global ex U.S. Index Fund (FSGEX) and Fidelity Series International Value Fund (FINVX) have volatilities of 3.69% and 3.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.