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MNCEX vs. FIGSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MNCEX vs. FIGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mercer Non-US Core Equity Fund (MNCEX) and Fidelity Series International Growth Fund (FIGSX). The values are adjusted to include any dividend payments, if applicable.

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MNCEX vs. FIGSX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
MNCEX
Mercer Non-US Core Equity Fund
-1.72%37.46%6.24%18.86%-16.89%11.36%9.63%10.44%
FIGSX
Fidelity Series International Growth Fund
-1.99%19.12%5.93%21.74%-22.87%16.61%18.52%13.13%

Returns By Period

In the year-to-date period, MNCEX achieves a -1.72% return, which is significantly higher than FIGSX's -1.99% return.


MNCEX

1D
0.50%
1M
-11.16%
YTD
-1.72%
6M
2.51%
1Y
23.52%
3Y*
16.40%
5Y*
8.83%
10Y*

FIGSX

1D
3.82%
1M
-8.68%
YTD
-1.99%
6M
-1.59%
1Y
13.63%
3Y*
10.79%
5Y*
5.70%
10Y*
9.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MNCEX vs. FIGSX - Expense Ratio Comparison

MNCEX has a 0.39% expense ratio, which is higher than FIGSX's 0.01% expense ratio.


Return for Risk

MNCEX vs. FIGSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MNCEX
MNCEX Risk / Return Rank: 7878
Overall Rank
MNCEX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
MNCEX Sortino Ratio Rank: 7474
Sortino Ratio Rank
MNCEX Omega Ratio Rank: 7676
Omega Ratio Rank
MNCEX Calmar Ratio Rank: 8181
Calmar Ratio Rank
MNCEX Martin Ratio Rank: 8484
Martin Ratio Rank

FIGSX
FIGSX Risk / Return Rank: 3131
Overall Rank
FIGSX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
FIGSX Sortino Ratio Rank: 3131
Sortino Ratio Rank
FIGSX Omega Ratio Rank: 2727
Omega Ratio Rank
FIGSX Calmar Ratio Rank: 3333
Calmar Ratio Rank
FIGSX Martin Ratio Rank: 3434
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MNCEX vs. FIGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mercer Non-US Core Equity Fund (MNCEX) and Fidelity Series International Growth Fund (FIGSX). 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.


MNCEXFIGSXDifference

Sharpe ratio

Return per unit of total volatility

1.37

0.74

+0.62

Sortino ratio

Return per unit of downside risk

1.83

1.16

+0.67

Omega ratio

Gain probability vs. loss probability

1.29

1.16

+0.13

Calmar ratio

Return relative to maximum drawdown

1.96

0.98

+0.99

Martin ratio

Return relative to average drawdown

8.51

3.83

+4.68

MNCEX vs. FIGSX - Sharpe Ratio Comparison

The current MNCEX Sharpe Ratio is 1.37, which is higher than the FIGSX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of MNCEX and FIGSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MNCEXFIGSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.37

0.74

+0.62

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.33

+0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.48

+0.12

Correlation

The correlation between MNCEX and FIGSX is 0.80, 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.


Dividends

MNCEX vs. FIGSX - Dividend Comparison

MNCEX's dividend yield for the trailing twelve months is around 13.88%, more than FIGSX's 8.85% yield.


TTM20252024202320222021202020192018201720162015
MNCEX
Mercer Non-US Core Equity Fund
13.88%13.64%8.97%3.60%3.14%18.31%0.00%0.00%0.00%0.00%0.00%0.00%
FIGSX
Fidelity Series International Growth Fund
8.85%8.67%4.29%1.27%3.53%8.33%16.24%3.64%7.47%3.14%2.54%3.54%

Drawdowns

MNCEX vs. FIGSX - Drawdown Comparison

The maximum MNCEX drawdown since its inception was -32.79%, roughly equal to the maximum FIGSX drawdown of -34.47%. Use the drawdown chart below to compare losses from any high point for MNCEX and FIGSX.


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Drawdown Indicators


MNCEXFIGSXDifference

Max Drawdown

Largest peak-to-trough decline

-32.79%

-34.47%

+1.68%

Max Drawdown (1Y)

Largest decline over 1 year

-11.97%

-13.89%

+1.92%

Max Drawdown (5Y)

Largest decline over 5 years

-30.57%

-34.47%

+3.90%

Max Drawdown (10Y)

Largest decline over 10 years

-34.47%

Current Drawdown

Current decline from peak

-11.16%

-10.60%

-0.56%

Average Drawdown

Average peak-to-trough decline

-6.80%

-6.49%

-0.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.18%

3.55%

-0.37%

Volatility

MNCEX vs. FIGSX - Volatility Comparison

The current volatility for Mercer Non-US Core Equity Fund (MNCEX) is 6.52%, while Fidelity Series International Growth Fund (FIGSX) has a volatility of 9.09%. This indicates that MNCEX experiences smaller price fluctuations and is considered to be less risky than FIGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MNCEXFIGSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.52%

9.09%

-2.57%

Volatility (6M)

Calculated over the trailing 6-month period

10.11%

13.23%

-3.12%

Volatility (1Y)

Calculated over the trailing 1-year period

17.83%

19.24%

-1.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.67%

17.61%

-1.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.21%

17.54%

+0.67%