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FSGGX vs. FPADX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSGGX and FPADX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FSGGX vs. FPADX - 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 Emerging Markets Index Fund (FPADX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSGGX:

0.82

FPADX:

0.60

Sortino Ratio

FSGGX:

1.11

FPADX:

0.88

Omega Ratio

FSGGX:

1.15

FPADX:

1.11

Calmar Ratio

FSGGX:

0.88

FPADX:

0.37

Martin Ratio

FSGGX:

2.75

FPADX:

1.65

Ulcer Index

FSGGX:

4.26%

FPADX:

5.66%

Daily Std Dev

FSGGX:

16.04%

FPADX:

17.24%

Max Drawdown

FSGGX:

-34.76%

FPADX:

-39.16%

Current Drawdown

FSGGX:

-0.12%

FPADX:

-10.82%

Returns By Period

In the year-to-date period, FSGGX achieves a 14.36% return, which is significantly higher than FPADX's 10.23% return. Over the past 10 years, FSGGX has outperformed FPADX with an annualized return of 5.43%, while FPADX has yielded a comparatively lower 3.54% annualized return.


FSGGX

YTD

14.36%

1M

5.64%

6M

12.58%

1Y

12.43%

3Y*

10.60%

5Y*

11.29%

10Y*

5.43%

FPADX

YTD

10.23%

1M

6.17%

6M

8.64%

1Y

10.06%

3Y*

7.25%

5Y*

7.58%

10Y*

3.54%

*Annualized

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FSGGX vs. FPADX - Expense Ratio Comparison

FSGGX has a 0.06% expense ratio, which is lower than FPADX's 0.08% 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%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FSGGX vs. FPADX — Risk-Adjusted Performance Rank

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

FSGGX
The Risk-Adjusted Performance Rank of FSGGX is 7373
Overall Rank
The Sharpe Ratio Rank of FSGGX is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of FSGGX is 7171
Sortino Ratio Rank
The Omega Ratio Rank of FSGGX is 7272
Omega Ratio Rank
The Calmar Ratio Rank of FSGGX is 8181
Calmar Ratio Rank
The Martin Ratio Rank of FSGGX is 7171
Martin Ratio Rank

FPADX
The Risk-Adjusted Performance Rank of FPADX is 5252
Overall Rank
The Sharpe Ratio Rank of FPADX is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of FPADX is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FPADX is 5252
Omega Ratio Rank
The Calmar Ratio Rank of FPADX is 4848
Calmar Ratio Rank
The Martin Ratio Rank of FPADX is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSGGX vs. FPADX - 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 Emerging Markets Index Fund (FPADX). 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.


The current FSGGX Sharpe Ratio is 0.82, which is higher than the FPADX Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of FSGGX and FPADX, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FSGGX vs. FPADX - Dividend Comparison

FSGGX's dividend yield for the trailing twelve months is around 2.55%, more than FPADX's 2.45% yield.


TTM20242023202220212020201920182017201620152014
FSGGX
Fidelity Global ex U.S. Index Fund
2.55%2.91%2.95%2.64%2.60%1.71%2.85%2.66%2.31%2.10%2.44%2.61%
FPADX
Fidelity Emerging Markets Index Fund
2.45%2.70%2.68%2.47%2.14%1.50%2.59%2.20%1.88%1.69%2.47%2.03%

Drawdowns

FSGGX vs. FPADX - Drawdown Comparison

The maximum FSGGX drawdown since its inception was -34.76%, smaller than the maximum FPADX drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FSGGX and FPADX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FSGGX vs. FPADX - Volatility Comparison

The current volatility for Fidelity Global ex U.S. Index Fund (FSGGX) is 2.50%, while Fidelity Emerging Markets Index Fund (FPADX) has a volatility of 3.45%. This indicates that FSGGX experiences smaller price fluctuations and is considered to be less risky than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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