FSGGX vs. FFGCX
Compare and contrast key facts about Fidelity Global ex U.S. Index Fund (FSGGX) and Fidelity Global Commodity Stock Fund (FFGCX).
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. FFGCX is managed by Fidelity. It was launched on Mar 25, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSGGX or FFGCX.
Key characteristics
FSGGX | FFGCX | |
---|---|---|
YTD Return | 9.59% | 8.23% |
1Y Return | 24.77% | 13.66% |
3Y Return (Ann) | 1.99% | 8.34% |
5Y Return (Ann) | 5.85% | 12.08% |
10Y Return (Ann) | 4.89% | 6.23% |
Sharpe Ratio | 2.03 | 0.75 |
Sortino Ratio | 2.86 | 1.11 |
Omega Ratio | 1.36 | 1.14 |
Calmar Ratio | 1.43 | 0.53 |
Martin Ratio | 12.39 | 2.51 |
Ulcer Index | 2.00% | 5.03% |
Daily Std Dev | 12.18% | 16.83% |
Max Drawdown | -34.76% | -55.11% |
Current Drawdown | -4.69% | -9.80% |
Correlation
The correlation between FSGGX and FFGCX is 0.77, 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
FSGGX vs. FFGCX - Performance Comparison
In the year-to-date period, FSGGX achieves a 9.59% return, which is significantly higher than FFGCX's 8.23% return. Over the past 10 years, FSGGX has underperformed FFGCX with an annualized return of 4.89%, while FFGCX has yielded a comparatively higher 6.23% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSGGX vs. FFGCX - Expense Ratio Comparison
FSGGX has a 0.06% expense ratio, which is lower than FFGCX's 0.94% expense ratio.
Risk-Adjusted Performance
FSGGX vs. FFGCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global ex U.S. Index Fund (FSGGX) and Fidelity Global Commodity Stock Fund (FFGCX). 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
FSGGX vs. FFGCX - Dividend Comparison
FSGGX's dividend yield for the trailing twelve months is around 2.70%, more than FFGCX's 1.86% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Global ex U.S. Index Fund | 2.70% | 2.95% | 2.64% | 2.60% | 1.71% | 2.85% | 2.66% | 2.31% | 2.11% | 2.44% | 2.61% | 3.42% |
Fidelity Global Commodity Stock Fund | 1.86% | 2.01% | 1.84% | 3.39% | 1.61% | 2.98% | 2.22% | 1.35% | 1.53% | 2.86% | 3.07% | 2.75% |
Drawdowns
FSGGX vs. FFGCX - Drawdown Comparison
The maximum FSGGX drawdown since its inception was -34.76%, smaller than the maximum FFGCX drawdown of -55.11%. Use the drawdown chart below to compare losses from any high point for FSGGX and FFGCX. For additional features, visit the drawdowns tool.
Volatility
FSGGX vs. FFGCX - Volatility Comparison
The current volatility for Fidelity Global ex U.S. Index Fund (FSGGX) is 2.96%, while Fidelity Global Commodity Stock Fund (FFGCX) has a volatility of 3.67%. This indicates that FSGGX experiences smaller price fluctuations and is considered to be less risky than FFGCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.