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FSGGX vs. FFGCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSGGX vs. FFGCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Global ex U.S. Index Fund (FSGGX) and Fidelity Global Commodity Stock Fund (FFGCX). The values are adjusted to include any dividend payments, if applicable.

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FSGGX vs. FFGCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSGGX
Fidelity Global ex U.S. Index Fund
-1.18%32.93%5.30%15.57%-15.75%7.74%10.73%21.36%-13.93%24.73%
FFGCX
Fidelity Global Commodity Stock Fund
22.87%28.66%2.98%-5.18%20.69%26.08%6.04%17.82%-13.21%17.18%

Returns By Period

In the year-to-date period, FSGGX achieves a -1.18% return, which is significantly lower than FFGCX's 22.87% return. Over the past 10 years, FSGGX has underperformed FFGCX with an annualized return of 8.09%, while FFGCX has yielded a comparatively higher 13.82% annualized return.


FSGGX

1D
-0.05%
1M
-11.05%
YTD
-1.18%
6M
3.57%
1Y
23.73%
3Y*
14.32%
5Y*
6.96%
10Y*
8.09%

FFGCX

1D
0.25%
1M
-1.60%
YTD
22.87%
6M
31.25%
1Y
52.48%
3Y*
17.71%
5Y*
15.78%
10Y*
13.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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.


Return for Risk

FSGGX vs. FFGCX — Risk / Return Rank

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

FSGGX
FSGGX Risk / Return Rank: 7878
Overall Rank
FSGGX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
FSGGX Sortino Ratio Rank: 7878
Sortino Ratio Rank
FSGGX Omega Ratio Rank: 7676
Omega Ratio Rank
FSGGX Calmar Ratio Rank: 8080
Calmar Ratio Rank
FSGGX Martin Ratio Rank: 7777
Martin Ratio Rank

FFGCX
FFGCX Risk / Return Rank: 9696
Overall Rank
FFGCX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
FFGCX Sortino Ratio Rank: 9595
Sortino Ratio Rank
FFGCX Omega Ratio Rank: 9494
Omega Ratio Rank
FFGCX Calmar Ratio Rank: 9696
Calmar Ratio Rank
FFGCX Martin Ratio Rank: 9797
Martin Ratio Rank
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.

FSGGX vs. FFGCX - Risk-Adjusted Trends 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.


FSGGXFFGCXDifference

Sharpe ratio

Return per unit of total volatility

1.42

2.57

-1.14

Sortino ratio

Return per unit of downside risk

1.93

3.09

-1.16

Omega ratio

Gain probability vs. loss probability

1.29

1.49

-0.20

Calmar ratio

Return relative to maximum drawdown

1.89

3.46

-1.57

Martin ratio

Return relative to average drawdown

7.45

17.89

-10.44

FSGGX vs. FFGCX - Sharpe Ratio Comparison

The current FSGGX Sharpe Ratio is 1.42, which is lower than the FFGCX Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of FSGGX and FFGCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSGGXFFGCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.42

2.57

-1.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.74

-0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

0.62

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.43

0.35

+0.08

Correlation

The correlation between FSGGX and FFGCX is 0.75, 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

FSGGX vs. FFGCX - Dividend Comparison

FSGGX's dividend yield for the trailing twelve months is around 2.73%, more than FFGCX's 2.06% yield.


TTM20252024202320222021202020192018201720162015
FSGGX
Fidelity Global ex U.S. Index Fund
2.73%2.70%2.91%2.95%2.64%2.60%1.71%2.85%2.66%0.22%0.05%2.44%
FFGCX
Fidelity Global Commodity Stock Fund
2.06%2.53%2.62%2.01%1.84%3.39%1.61%2.98%2.22%0.36%1.53%2.86%

Drawdowns

FSGGX vs. FFGCX - Drawdown Comparison

The maximum FSGGX drawdown since its inception was -34.76%, smaller than the maximum FFGCX drawdown of -57.23%. Use the drawdown chart below to compare losses from any high point for FSGGX and FFGCX.


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Drawdown Indicators


FSGGXFFGCXDifference

Max Drawdown

Largest peak-to-trough decline

-34.76%

-57.23%

+22.47%

Max Drawdown (1Y)

Largest decline over 1 year

-11.26%

-14.64%

+3.38%

Max Drawdown (5Y)

Largest decline over 5 years

-29.70%

-27.22%

-2.48%

Max Drawdown (10Y)

Largest decline over 10 years

-34.76%

-48.43%

+13.67%

Current Drawdown

Current decline from peak

-11.26%

-2.30%

-8.96%

Average Drawdown

Average peak-to-trough decline

-7.41%

-19.54%

+12.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.85%

2.83%

+0.02%

Volatility

FSGGX vs. FFGCX - Volatility Comparison

Fidelity Global ex U.S. Index Fund (FSGGX) has a higher volatility of 7.25% compared to Fidelity Global Commodity Stock Fund (FFGCX) at 6.10%. This indicates that FSGGX's price experiences larger fluctuations and is considered to be riskier than FFGCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSGGXFFGCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.25%

6.10%

+1.15%

Volatility (6M)

Calculated over the trailing 6-month period

10.84%

13.74%

-2.90%

Volatility (1Y)

Calculated over the trailing 1-year period

16.10%

20.49%

-4.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.10%

21.53%

-6.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.09%

22.54%

-6.45%