FSGEX vs. VOO
Compare and contrast key facts about Fidelity Series Global ex U.S. Index Fund (FSGEX) and Vanguard S&P 500 ETF (VOO).
FSGEX is managed by Fidelity. It was launched on Sep 29, 2009. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSGEX or VOO.
Performance
FSGEX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, FSGEX achieves a 6.64% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, FSGEX has underperformed VOO with an annualized return of 4.55%, while VOO has yielded a comparatively higher 13.18% annualized return.
FSGEX
6.64%
-3.78%
0.14%
12.74%
5.29%
4.55%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| FSGEX | VOO | |
|---|---|---|
| Sharpe Ratio | 0.99 | 2.70 |
| Sortino Ratio | 1.44 | 3.60 |
| Omega Ratio | 1.18 | 1.50 |
| Calmar Ratio | 1.16 | 3.90 |
| Martin Ratio | 5.00 | 17.65 |
| Ulcer Index | 2.55% | 1.86% |
| Daily Std Dev | 12.88% | 12.19% |
| Max Drawdown | -34.73% | -33.99% |
| Current Drawdown | -7.28% | -0.86% |
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FSGEX vs. VOO - Expense Ratio Comparison
FSGEX has a 0.01% expense ratio, which is lower than VOO's 0.03% 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%.
Correlation
The correlation between FSGEX and VOO 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
FSGEX vs. VOO - 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 S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FSGEX's dividend yield for the trailing twelve months is around 2.72%, more than VOO's 1.24% 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% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FSGEX vs. VOO - Drawdown Comparison
The maximum FSGEX drawdown since its inception was -34.73%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FSGEX and VOO. For additional features, visit the drawdowns tool.
Volatility
FSGEX vs. VOO - Volatility Comparison
The current volatility for Fidelity Series Global ex U.S. Index Fund (FSGEX) is 3.69%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.99%. This indicates that FSGEX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.