IOO vs. FSUTX
IOO (iShares Global 100 ETF) and FSUTX (Fidelity Select Utilities Portfolio) are both funds - IOO is a Global Equities fund tracking the S&P Global 100 Index (Net), while FSUTX is a Utilities Equities fund actively managed by Fidelity. IOO is passively managed, while FSUTX is actively managed. Over the past 10 years, IOO returned 16.66%/yr vs 11.35%/yr for FSUTX. A 0.57 correlation means they provide meaningful diversification when combined. IOO charges 0.40%/yr vs 0.74%/yr for FSUTX.
Performance
IOO vs. FSUTX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IOO achieves a 9.16% return, which is significantly higher than FSUTX's 3.35% return. Over the past 10 years, IOO has outperformed FSUTX with an annualized return of 16.66%, while FSUTX has yielded a comparatively lower 11.35% annualized return.
IOO
- 1D
- 0.11%
- 1M
- -1.76%
- YTD
- 9.16%
- 6M
- 10.36%
- 1Y
- 33.70%
- 3Y*
- 23.85%
- 5Y*
- 15.85%
- 10Y*
- 16.66%
FSUTX
- 1D
- 0.51%
- 1M
- -3.70%
- YTD
- 3.35%
- 6M
- 3.29%
- 1Y
- 13.21%
- 3Y*
- 16.47%
- 5Y*
- 12.32%
- 10Y*
- 11.35%
IOO vs. FSUTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IOO iShares Global 100 ETF | 9.16% | 27.02% | 26.54% | 27.71% | -16.34% | 26.03% | 18.61% | 30.01% | -6.22% | 23.56% |
FSUTX Fidelity Select Utilities Portfolio | 3.35% | 16.19% | 28.76% | -1.12% | 5.20% | 17.64% | 0.75% | 22.68% | 8.41% | 17.94% |
Correlation
The correlation between IOO and FSUTX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2000 | 0.57 |
Over the past year, the correlation between IOO and FSUTX has dropped to 0.29 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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
IOO vs. FSUTX — Risk / Return Rank
IOO
FSUTX
IOO vs. FSUTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global 100 ETF (IOO) and Fidelity Select Utilities Portfolio (FSUTX). 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.
| IOO | FSUTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.15 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.23 | 1.52 | +1.71 |
| Martin ratioReturn relative to average drawdown | 14.35 | 3.41 | +10.94 |
Loading charts...
Drawdowns
IOO vs. FSUTX - Drawdown Comparison
The maximum IOO drawdown since its inception was -55.85%, smaller than the maximum FSUTX drawdown of -66.73%. Use the drawdown chart below to compare losses from any high point for IOO and FSUTX.
Loading charts...
Drawdown Indicators
| IOO | FSUTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.85% | -66.73% | +10.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.94% | -9.21% | -0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -15.20% | -3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -23.52% | -20.15% | -3.37% |
Max Drawdown (10Y)Largest decline over 10 years | -31.43% | -37.61% | +6.18% |
Current DrawdownCurrent decline from peak | -4.05% | -7.63% | +3.58% |
Average DrawdownAverage peak-to-trough decline | -11.26% | -11.25% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 4.11% | -1.87% |
Volatility
IOO vs. FSUTX - Volatility Comparison
The current volatility for iShares Global 100 ETF (IOO) is 4.82%, while Fidelity Select Utilities Portfolio (FSUTX) has a volatility of 5.96%. This indicates that IOO experiences smaller price fluctuations and is considered to be less risky than FSUTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IOO | FSUTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.82% | 5.96% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 11.31% | 13.09% | -1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.07% | 16.35% | -2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.12% | 17.42% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.80% | 19.40% | -1.60% |
IOO vs. FSUTX - Expense Ratio Comparison
IOO has a 0.40% expense ratio, which is lower than FSUTX's 0.74% expense ratio.
Dividends
IOO vs. FSUTX - Dividend Comparison
IOO's dividend yield for the trailing twelve months is around 0.84%, less than FSUTX's 5.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSUTX Fidelity Select Utilities Portfolio | 5.08% | 6.61% | 6.50% | 3.52% | 4.67% | 2.68% | 4.86% | 2.29% | 8.37% | 5.61% | 2.51% | 4.47% |
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 FSUTX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSUTX has higher volatility (5.96%) compared to IOO (4.82%). In terms of maximum drawdown, IOO dropped -55.85% vs FSUTX's -66.73%.
IOO currently has the higher Sharpe Ratio (2.28 vs 0.86), 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 IOO and FSUTX
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