FSGEX vs. HILAX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Series Global ex U.S. Index Fund (FSGEX) and Hartford International Value Fund Class A (HILAX).

FSGEX is managed by Fidelity. It was launched on Sep 29, 2009. HILAX is an actively managed fund by Hartford. It was launched on May 28, 2010.

Performance

FSGEX vs. HILAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Global ex U.S. Index Fund (FSGEX) and Hartford International Value Fund Class A (HILAX). The values are adjusted to include any dividend payments, if applicable.

FSGEX vs. HILAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSGEX Fidelity Series Global ex U.S. Index Fund	-1.20%	32.99%	5.34%	15.56%	-15.75%	7.77%	10.75%	21.41%	-13.99%	27.47%
HILAX Hartford International Value Fund Class A	0.79%	44.31%	0.11%	19.55%	-2.58%	18.46%	-6.29%	17.94%	-17.98%	24.35%

Returns By Period

In the year-to-date period, FSGEX achieves a -1.20% return, which is significantly lower than HILAX's 0.79% return. Over the past 10 years, FSGEX has underperformed HILAX with an annualized return of 8.55%, while HILAX has yielded a comparatively higher 10.37% annualized return.

FSGEX

• 1D: -0.06%
• 1M: -11.07%
• YTD: -1.20%
• 6M: 3.57%
• 1Y: 23.80%
• 3Y*: 14.32%
• 5Y*: 6.98%
• 10Y*: 8.55%

HILAX

• 1D: -0.04%
• 1M: -10.15%
• YTD: 0.79%
• 6M: 7.10%
• 1Y: 29.15%
• 3Y*: 17.55%
• 5Y*: 12.44%
• 10Y*: 10.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSGEX vs. HILAX - Expense Ratio Comparison

FSGEX has a 0.01% expense ratio, which is lower than HILAX's 1.18% expense ratio.

HILAX

Hartford International Value Fund Class A

FSGEX

Fidelity Series Global ex U.S. Index Fund

Return for Risk

FSGEX vs. HILAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSGEX

FSGEX Risk / Return Rank: 78
FSGEX Sharpe Ratio Rank: 79
FSGEX Sortino Ratio Rank: 78
FSGEX Omega Ratio Rank: 76
FSGEX Calmar Ratio Rank: 80
FSGEX Martin Ratio Rank: 77

HILAX

HILAX Risk / Return Rank: 86
HILAX Sharpe Ratio Rank: 88
HILAX Sortino Ratio Rank: 86
HILAX Omega Ratio Rank: 86
HILAX Calmar Ratio Rank: 86
HILAX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSGEX vs. HILAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Global ex U.S. Index Fund (FSGEX) and Hartford International Value Fund Class A (HILAX). 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.

	FSGEX	HILAX	Difference
Sharpe ratio Return per unit of total volatility	1.43	1.80	-0.37
Sortino ratio Return per unit of downside risk	1.93	2.34	-0.41
Omega ratio Gain probability vs. loss probability	1.29	1.36	-0.07
Calmar ratio Return relative to maximum drawdown	1.89	2.22	-0.32
Martin ratio Return relative to average drawdown	7.46	8.86	-1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSGEX vs. HILAX - Sharpe Ratio Comparison

The current FSGEX Sharpe Ratio is 1.43, which is comparable to the HILAX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of FSGEX and HILAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FSGEX	HILAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.80	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.83	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.61	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.55	-0.19

Correlation

The correlation between FSGEX and HILAX 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.

Dividends

FSGEX vs. HILAX - Dividend Comparison

FSGEX's dividend yield for the trailing twelve months is around 3.06%, less than HILAX's 5.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSGEX Fidelity Series Global ex U.S. Index Fund	3.06%	3.02%	2.98%	2.90%	2.78%	2.59%	1.68%	2.10%	2.86%	2.48%	2.56%	2.61%
HILAX Hartford International Value Fund Class A	5.75%	5.80%	0.00%	2.52%	2.66%	3.03%	1.18%	2.83%	8.06%	6.75%	4.86%	3.25%

Drawdowns

FSGEX vs. HILAX - Drawdown Comparison

The maximum FSGEX drawdown since its inception was -34.74%, smaller than the maximum HILAX drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for FSGEX and HILAX.

Drawdown Indicators

	FSGEX	HILAX	Difference
Max Drawdown Largest peak-to-trough decline	-34.74%	-48.61%	+13.87%
Max Drawdown (1Y) Largest decline over 1 year	-11.24%	-11.34%	+0.10%
Max Drawdown (5Y) Largest decline over 5 years	-29.66%	-25.67%	-3.99%
Max Drawdown (10Y) Largest decline over 10 years	-34.74%	-48.61%	+13.87%
Current Drawdown Current decline from peak	-11.24%	-10.15%	-1.09%
Average Drawdown Average peak-to-trough decline	-8.51%	-8.47%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	2.99%	-0.13%

Volatility

FSGEX vs. HILAX - Volatility Comparison

Fidelity Series Global ex U.S. Index Fund (FSGEX) has a higher volatility of 7.21% compared to Hartford International Value Fund Class A (HILAX) at 6.61%. This indicates that FSGEX's price experiences larger fluctuations and is considered to be riskier than HILAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSGEX	HILAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.21%	6.61%	+0.60%
Volatility (6M) Calculated over the trailing 6-month period	10.85%	10.06%	+0.79%
Volatility (1Y) Calculated over the trailing 1-year period	16.09%	15.61%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.14%	15.05%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.12%	17.03%	-0.91%