FSGEX vs. VEU
Compare and contrast key facts about Fidelity Series Global ex U.S. Index Fund (FSGEX) and Vanguard FTSE All-World ex-US ETF (VEU).
FSGEX is managed by Fidelity. It was launched on Sep 29, 2009. VEU is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US Index. It was launched on Mar 2, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSGEX or VEU.
Correlation
The correlation between FSGEX and VEU is 0.96, 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
FSGEX vs. VEU - Performance Comparison
Key characteristics
FSGEX:
0.47
VEU:
0.45
FSGEX:
0.75
VEU:
0.75
FSGEX:
1.10
VEU:
1.10
FSGEX:
0.56
VEU:
0.55
FSGEX:
1.76
VEU:
1.76
FSGEX:
4.25%
VEU:
4.32%
FSGEX:
16.01%
VEU:
16.82%
FSGEX:
-34.80%
VEU:
-61.52%
FSGEX:
-5.20%
VEU:
-5.19%
Returns By Period
In the year-to-date period, FSGEX achieves a 4.23% return, which is significantly higher than VEU's 4.01% return. Over the past 10 years, FSGEX has underperformed VEU with an annualized return of 4.49%, while VEU has yielded a comparatively higher 4.74% annualized return.
FSGEX
4.23%
-3.71%
-1.19%
8.00%
10.19%
4.49%
VEU
4.01%
-3.83%
-1.25%
8.02%
10.54%
4.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSGEX vs. VEU - Expense Ratio Comparison
FSGEX has a 0.01% expense ratio, which is lower than VEU's 0.07% expense ratio. Despite the difference, 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
FSGEX vs. VEU — Risk-Adjusted Performance Rank
FSGEX
VEU
FSGEX vs. VEU - 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 Vanguard FTSE All-World ex-US ETF (VEU). 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. VEU - Dividend Comparison
FSGEX's dividend yield for the trailing twelve months is around 2.86%, less than VEU's 3.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSGEX Fidelity Series Global ex U.S. Index Fund | 2.86% | 2.98% | 2.90% | 2.78% | 2.59% | 1.68% | 2.00% | 2.86% | 2.33% | 2.51% | 2.61% | 3.12% |
VEU Vanguard FTSE All-World ex-US ETF | 3.09% | 3.24% | 3.32% | 3.12% | 3.07% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% | 3.52% |
Drawdowns
FSGEX vs. VEU - Drawdown Comparison
The maximum FSGEX drawdown since its inception was -34.80%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for FSGEX and VEU. For additional features, visit the drawdowns tool.
Volatility
FSGEX vs. VEU - Volatility Comparison
The current volatility for Fidelity Series Global ex U.S. Index Fund (FSGEX) is 10.15%, while Vanguard FTSE All-World ex-US ETF (VEU) has a volatility of 10.97%. This indicates that FSGEX experiences smaller price fluctuations and is considered to be less risky than VEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.