MGLBX vs. FITLX
Compare and contrast key facts about Marsico Global Fund (MGLBX) and Fidelity US Sustainability Index Fund (FITLX).
MGLBX is managed by Marsico Investment Fund. It was launched on Jun 28, 2007. FITLX is managed by Fidelity. It was launched on May 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGLBX or FITLX.
Correlation
The correlation between MGLBX and FITLX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MGLBX vs. FITLX - Performance Comparison
Key characteristics
MGLBX:
1.00
FITLX:
0.56
MGLBX:
1.48
FITLX:
0.91
MGLBX:
1.20
FITLX:
1.13
MGLBX:
1.11
FITLX:
0.56
MGLBX:
4.29
FITLX:
2.03
MGLBX:
5.80%
FITLX:
5.54%
MGLBX:
24.91%
FITLX:
20.26%
MGLBX:
-59.43%
FITLX:
-34.35%
MGLBX:
-3.80%
FITLX:
-8.65%
Returns By Period
In the year-to-date period, MGLBX achieves a 6.84% return, which is significantly higher than FITLX's -4.36% return.
MGLBX
6.84%
20.50%
7.68%
20.08%
9.00%
7.13%
FITLX
-4.36%
11.91%
-3.05%
7.85%
15.85%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGLBX vs. FITLX - Expense Ratio Comparison
MGLBX has a 1.45% expense ratio, which is higher than FITLX's 0.11% expense ratio.
Risk-Adjusted Performance
MGLBX vs. FITLX — Risk-Adjusted Performance Rank
MGLBX
FITLX
MGLBX vs. FITLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Marsico Global Fund (MGLBX) and Fidelity US Sustainability Index Fund (FITLX). 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.
Dividends
MGLBX vs. FITLX - Dividend Comparison
MGLBX's dividend yield for the trailing twelve months is around 1.60%, more than FITLX's 1.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGLBX Marsico Global Fund | 1.60% | 1.71% | 1.98% | 4.37% | 17.97% | 2.45% | 0.00% | 1.16% | 9.25% | 0.00% | 11.04% | 12.83% |
FITLX Fidelity US Sustainability Index Fund | 1.35% | 1.29% | 1.12% | 1.49% | 0.81% | 1.01% | 1.27% | 1.37% | 0.71% | 0.00% | 0.00% | 0.00% |
Drawdowns
MGLBX vs. FITLX - Drawdown Comparison
The maximum MGLBX drawdown since its inception was -59.43%, which is greater than FITLX's maximum drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for MGLBX and FITLX. For additional features, visit the drawdowns tool.
Volatility
MGLBX vs. FITLX - Volatility Comparison
Marsico Global Fund (MGLBX) has a higher volatility of 14.03% compared to Fidelity US Sustainability Index Fund (FITLX) at 13.06%. This indicates that MGLBX's price experiences larger fluctuations and is considered to be riskier than FITLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.