FSGGX vs. VIHAX
FSGGX (Fidelity Global ex U.S. Index Fund) and VIHAX (Vanguard International High Dividend Yield Index Fund Admiral Shares) are both mutual funds - FSGGX is a Foreign Large Cap Equities fund tracking the MSCI ACWI ex USA Index, while VIHAX is a Large Cap Value Equities fund tracking the FTSE All-World ex US High Dividend Yield Index. Both are passively managed. Over the past 10 years, FSGGX returned 9.11%/yr vs 11.24%/yr for VIHAX. Their correlation of 0.94 means they have usually moved in the same direction. FSGGX charges 0.06%/yr vs 0.16%/yr for VIHAX.
Performance
FSGGX vs. VIHAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSGGX achieves a 13.72% return, which is significantly lower than VIHAX's 17.32% return. Over the past 10 years, FSGGX has underperformed VIHAX with an annualized return of 9.11%, while VIHAX has yielded a comparatively higher 11.24% annualized return.
FSGGX
- 1D
- 0.05%
- 1M
- 0.38%
- 6M
- 7.28%
- YTD
- 13.72%
- 1Y
- 29.14%
- 3Y*
- 17.70%
- 5Y*
- 9.21%
- 10Y*
- 9.11%
- ALL TIME*
- 7.68%
VIHAX
- 1D
- -0.62%
- 1M
- 4.34%
- 6M
- 10.32%
- YTD
- 17.32%
- 1Y
- 34.48%
- 3Y*
- 21.86%
- 5Y*
- 14.01%
- 10Y*
- 11.24%
- ALL TIME*
- 11.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FSGGX vs. VIHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSGGX Fidelity Global ex U.S. Index Fund | 13.72% | 32.93% | 5.30% | 15.57% | -15.75% | 7.74% | 10.73% | 21.36% | -13.93% | 24.73% |
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares | 17.32% | 38.01% | 6.96% | 16.81% | -6.88% | 15.01% | -0.73% | 20.03% | -12.38% | 22.40% |
Correlation
The correlation between FSGGX and VIHAX is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2016 | 0.94 |
The correlation between FSGGX and VIHAX has been stable across timeframes, ranging from 0.87 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSGGX vs. VIHAX — Risk / Return Rank
FSGGX
VIHAX
FSGGX vs. VIHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global ex U.S. Index Fund (FSGGX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSGGX | VIHAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.53 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 3.63 | -1.08 |
| Martin ratioReturn relative to average drawdown | 9.48 | 13.90 | -4.42 |
Loading charts...
Drawdowns
FSGGX vs. VIHAX - Drawdown Comparison
The maximum FSGGX drawdown since its inception was -34.76%, smaller than the maximum VIHAX drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for FSGGX and VIHAX.
Loading charts...
Drawdown Indicators
| FSGGX | VIHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.76% | -38.80% | +4.04% |
Max Drawdown (1Y)Largest decline over 1 year | -11.26% | -9.53% | -1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -13.31% | -12.29% | -1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -29.53% | -23.92% | -5.61% |
Max Drawdown (10Y)Largest decline over 10 years | -34.76% | -38.80% | +4.04% |
Current DrawdownCurrent decline from peak | -2.30% | -0.62% | -1.68% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -5.94% | -1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 2.49% | +0.54% |
Volatility
FSGGX vs. VIHAX - Volatility Comparison
Fidelity Global ex U.S. Index Fund (FSGGX) has a higher volatility of 5.21% compared to Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) at 3.46%. This indicates that FSGGX's price experiences larger fluctuations and is considered to be riskier than VIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSGGX | VIHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 3.46% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 14.57% | 10.28% | +4.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.40% | 12.13% | +4.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.70% | 13.76% | +1.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.10% | 15.55% | +0.55% |
FSGGX vs. VIHAX - Expense Ratio Comparison
FSGGX has a 0.06% expense ratio, which is lower than VIHAX's 0.16% 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%.
Dividends
FSGGX vs. VIHAX - Dividend Comparison
FSGGX's dividend yield for the trailing twelve months is around 2.38%, less than VIHAX's 3.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSGGX Fidelity Global ex U.S. Index Fund | 2.38% | 2.70% | 2.91% | 2.95% | 2.64% | 2.60% | 1.71% | 2.85% | 2.66% | 0.22% | 0.05% | 2.44% |
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares | 3.45% | 3.69% | 4.85% | 4.58% | 4.70% | 4.30% | 3.22% | 5.63% | 4.28% | 3.16% | 2.37% | 0.00% |
Frequently Asked Questions
FSGGX and VIHAX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSGGX has higher volatility (5.21%) compared to VIHAX (3.46%). In terms of maximum drawdown, FSGGX dropped -34.76% vs VIHAX's -38.80%.
VIHAX currently has the higher Sharpe Ratio (2.86 vs 1.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FSGGX and VIHAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer