IOO vs. FAGIX
IOO (iShares Global 100 ETF) and FAGIX (Fidelity Capital & Income Fund) are both funds - IOO is a Global Equities fund tracking the S&P Global 100 Index (Net), while FAGIX is a High Yield Bonds fund actively managed by Fidelity. IOO is passively managed, while FAGIX is actively managed. Over the past 10 years, IOO returned 16.53%/yr vs 7.88%/yr for FAGIX. A 0.63 correlation means they provide meaningful diversification when combined. IOO charges 0.40%/yr vs 0.67%/yr for FAGIX.
Performance
IOO vs. FAGIX - Performance Comparison
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Returns By Period
In the year-to-date period, IOO achieves a 9.70% return, which is significantly higher than FAGIX's 6.93% return. Over the past 10 years, IOO has outperformed FAGIX with an annualized return of 16.53%, while FAGIX has yielded a comparatively lower 7.88% annualized return.
IOO
- 1D
- 0.27%
- 1M
- -0.80%
- YTD
- 9.70%
- 6M
- 9.96%
- 1Y
- 33.76%
- 3Y*
- 24.64%
- 5Y*
- 16.11%
- 10Y*
- 16.53%
FAGIX
- 1D
- -1.47%
- 1M
- 0.16%
- YTD
- 6.93%
- 6M
- 7.48%
- 1Y
- 16.45%
- 3Y*
- 12.79%
- 5Y*
- 6.79%
- 10Y*
- 7.88%
IOO vs. FAGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IOO iShares Global 100 ETF | 9.70% | 27.02% | 26.54% | 27.71% | -16.34% | 26.03% | 18.61% | 30.01% | -6.22% | 23.56% |
FAGIX Fidelity Capital & Income Fund | 6.93% | 12.38% | 10.69% | 13.02% | -11.50% | 11.13% | 9.95% | 18.96% | -7.17% | 11.66% |
Correlation
The correlation between IOO and FAGIX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2000 | 0.63 |
The correlation between IOO and FAGIX shifts across timeframes, from 0.63 (all time) to 0.78 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IOO vs. FAGIX — Risk / Return Rank
IOO
FAGIX
IOO vs. FAGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global 100 ETF (IOO) and Fidelity Capital & Income Fund (FAGIX). 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.
| IOO | FAGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.53 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 4.80 | -1.39 |
| Martin ratioReturn relative to average drawdown | 15.65 | 20.14 | -4.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IOO | FAGIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.45 | 2.68 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | 1.03 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | 1.01 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.87 | -0.49 |
Drawdowns
IOO vs. FAGIX - Drawdown Comparison
The maximum IOO drawdown since its inception was -55.85%, which is greater than FAGIX's maximum drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for IOO and FAGIX.
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Drawdown Indicators
| IOO | FAGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.85% | -37.97% | -17.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.94% | -3.49% | -6.45% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -7.26% | -11.93% |
Max Drawdown (5Y)Largest decline over 5 years | -23.52% | -15.42% | -8.10% |
Max Drawdown (10Y)Largest decline over 10 years | -31.43% | -28.45% | -2.98% |
Current DrawdownCurrent decline from peak | -3.57% | -1.47% | -2.10% |
Average DrawdownAverage peak-to-trough decline | -11.27% | -6.98% | -4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 0.83% | +1.33% |
Volatility
IOO vs. FAGIX - Volatility Comparison
iShares Global 100 ETF (IOO) has a higher volatility of 4.47% compared to Fidelity Capital & Income Fund (FAGIX) at 2.35%. This indicates that IOO's price experiences larger fluctuations and is considered to be riskier than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IOO | FAGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.47% | 2.35% | +2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.04% | 5.09% | +5.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.88% | 6.25% | +7.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.09% | 6.62% | +10.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.80% | 7.83% | +9.97% |
IOO vs. FAGIX - Expense Ratio Comparison
IOO has a 0.40% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Dividends
IOO vs. FAGIX - Dividend Comparison
IOO's dividend yield for the trailing twelve months is around 0.84%, less than FAGIX's 4.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGIX Fidelity Capital & Income Fund | 4.49% | 4.74% | 5.02% | 5.28% | 10.25% | 6.08% | 4.59% | 5.00% | 5.67% | 5.05% | 4.57% | 4.51% |
IOO iShares Global 100 ETF | 0.84% | 0.92% | 1.08% | 1.49% | 2.00% | 1.53% | 1.49% | 2.02% | 2.54% | 2.23% | 2.75% | 2.89% |
Frequently Asked Questions
IOO and FAGIX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IOO has higher volatility (4.47%) compared to FAGIX (2.35%). In terms of maximum drawdown, IOO dropped -55.85% vs FAGIX's -37.97%.
FAGIX currently has the higher Sharpe Ratio (2.68 vs 2.45), 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.
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