IFTIX vs. FSGEX

Last updated Aug 1, 2026

IFTIX (Voya International High Dividend Low Volatility Portfolio) and FSGEX (Fidelity Series Global ex U.S. Index Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, IFTIX returned 9.65%/yr vs 9.52%/yr for FSGEX. Their correlation of 0.91 means they have usually moved in the same direction. IFTIX charges 0.72%/yr vs 0.01%/yr for FSGEX.

Performance

IFTIX vs. FSGEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya International High Dividend Low Volatility Portfolio (IFTIX) and Fidelity Series Global ex U.S. Index Fund (FSGEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFTIX achieves a 15.40% return, which is significantly higher than FSGEX's 13.66% return. Both investments have delivered pretty close results over the past 10 years, with IFTIX having a 9.65% annualized return and FSGEX not far behind at 9.52%.

IFTIX

• 1D: 1.56%
• 1M: 5.94%
• 6M: 10.86%
• YTD: 15.40%
• 1Y: 27.14%
• 3Y*: 20.70%
• 5Y*: 12.65%
• 10Y*: 9.65%
• ALL TIME*: 6.20%

FSGEX

• 1D: 2.87%
• 1M: 0.34%
• 6M: 7.66%
• YTD: 13.66%
• 1Y: 29.13%
• 3Y*: 17.36%
• 5Y*: 9.21%
• 10Y*: 9.52%
• ALL TIME*: 6.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSGEX Fidelity Series Global ex U.S. Index Fund	$0.00	$0.00	$0.00
IFTIX Voya International High Dividend Low Volatility Portfolio	$0.00	$0.00	$0.00

IFTIX vs. FSGEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IFTIX Voya International High Dividend Low Volatility Portfolio	15.40%	37.73%	7.31%	14.73%	-8.89%	12.10%	-0.52%	16.67%	-14.95%	22.34%
FSGEX Fidelity Series Global ex U.S. Index Fund	13.66%	32.99%	5.34%	15.56%	-15.75%	7.77%	10.75%	21.41%	-13.99%	27.47%

Correlation

The correlation between IFTIX and FSGEX is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.74
Correlation (5Y) Shows whether the relationship held over a longer period.	0.82
Correlation (10Y) Provides a long-term view across more market conditions.	0.87
Correlation (All Time) Calculated using the full available price history since Oct 1, 2009	0.91

Over the past year, the correlation between IFTIX and FSGEX has dropped to 0.68 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.

Return for Risk

IFTIX vs. FSGEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IFTIX

IFTIX Risk / Return Rank: 89
IFTIX Sharpe Ratio Rank: 93
IFTIX Sortino Ratio Rank: 90
IFTIX Omega Ratio Rank: 87
IFTIX Calmar Ratio Rank: 91
IFTIX Martin Ratio Rank: 87

FSGEX

FSGEX Risk / Return Rank: 74
FSGEX Sharpe Ratio Rank: 74
FSGEX Sortino Ratio Rank: 70
FSGEX Omega Ratio Rank: 73
FSGEX Calmar Ratio Rank: 77
FSGEX Martin Ratio Rank: 77

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IFTIX vs. FSGEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya International High Dividend Low Volatility Portfolio (IFTIX) and Fidelity Series Global ex U.S. Index Fund (FSGEX). 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.

	IFTIX	FSGEX	Difference
Sharpe ratio: Return per unit of total volatility	2.41	1.69	+0.72
Sortino ratio: Return per unit of downside risk	3.39	2.33	+1.06
Omega ratio: Gain probability vs. loss probability	1.45	1.31	+0.13
Calmar ratio: Return relative to maximum drawdown	3.45	2.47	+0.98
Martin ratio: Return relative to average drawdown	11.19	9.15	+2.04

IFTIX vs. FSGEX - Sharpe Ratio Comparison

The current IFTIX Sharpe Ratio is 2.41, which is higher than the FSGEX Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of IFTIX and FSGEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IFTIX vs. FSGEX - Drawdown Comparison

The maximum IFTIX drawdown since its inception was -57.91%, which is greater than FSGEX's maximum drawdown of -34.74%. Use the drawdown chart below to compare losses from any high point for IFTIX and FSGEX.

Drawdown Indicators

	IFTIX	FSGEX	Difference
Max Drawdown Largest peak-to-trough decline	-57.91%	-34.74%	-23.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-11.24%	+2.80%
Max Drawdown (3Y) Largest decline over 3 years	-10.20%	-13.34%	+3.14%
Max Drawdown (5Y) Largest decline over 5 years	-25.56%	-29.44%	+3.88%
Max Drawdown (10Y) Largest decline over 10 years	-37.08%	-34.74%	-2.34%
Current Drawdown Current decline from peak	0.00%	-2.30%	+2.30%
Average Drawdown Average peak-to-trough decline	-11.47%	-8.39%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	3.03%	-0.50%

Volatility

IFTIX vs. FSGEX - Volatility Comparison

The current volatility for Voya International High Dividend Low Volatility Portfolio (IFTIX) is 3.39%, while Fidelity Series Global ex U.S. Index Fund (FSGEX) has a volatility of 5.45%. This indicates that IFTIX experiences smaller price fluctuations and is considered to be less risky than FSGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IFTIX	FSGEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	5.45%	-2.06%
Volatility (6M) Calculated over the trailing 6-month period	9.67%	14.55%	-4.88%
Volatility (1Y) Calculated over the trailing 1-year period	12.14%	16.43%	-4.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.47%	15.74%	-2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.41%	16.12%	-1.71%

IFTIX vs. FSGEX - Expense Ratio Comparison

IFTIX has a 0.72% expense ratio, which is higher than FSGEX's 0.01% expense ratio.

Dividends

IFTIX vs. FSGEX - Dividend Comparison

IFTIX's dividend yield for the trailing twelve months is around 40.11%, more than FSGEX's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSGEX Fidelity Series Global ex U.S. Index Fund	2.66%	3.02%	2.98%	2.90%	2.78%	2.59%	1.68%	2.10%	2.86%	2.48%	2.56%	2.61%
IFTIX Voya International High Dividend Low Volatility Portfolio	40.11%	5.45%	4.88%	4.42%	4.87%	2.41%	17.71%	10.80%	2.45%	1.89%	3.45%	4.29%

Frequently Asked Questions

Can I hold both IFTIX and FSGEX in my portfolio?

IFTIX and FSGEX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IFTIX or FSGEX?

FSGEX has higher volatility (5.45%) compared to IFTIX (3.39%). In terms of maximum drawdown, IFTIX dropped -57.91% vs FSGEX's -34.74%.

Which has better risk-adjusted returns?

IFTIX currently has the higher Sharpe Ratio (2.41 vs 1.69), 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.