PISIX vs. FSGEX

Last updated Apr 1, 2026

Compare and contrast key facts about PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX) and Fidelity Series Global ex U.S. Index Fund (FSGEX).

PISIX is managed by PIMCO. It was launched on Oct 31, 2003. FSGEX is managed by Fidelity. It was launched on Sep 29, 2009.

Performance

PISIX vs. FSGEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX) and Fidelity Series Global ex U.S. Index Fund (FSGEX). The values are adjusted to include any dividend payments, if applicable.

PISIX vs. FSGEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PISIX PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)	-0.85%	17.68%	14.87%	21.70%	-8.86%	18.37%	4.29%	26.40%	-10.00%	18.81%
FSGEX Fidelity Series Global ex U.S. Index Fund	-1.20%	32.99%	5.34%	15.56%	-15.75%	7.77%	10.75%	21.41%	-13.99%	27.47%

Returns By Period

In the year-to-date period, PISIX achieves a -0.85% return, which is significantly higher than FSGEX's -1.20% return. Over the past 10 years, PISIX has outperformed FSGEX with an annualized return of 11.51%, while FSGEX has yielded a comparatively lower 8.55% annualized return.

PISIX

• 1D: 0.22%
• 1M: -9.44%
• YTD: -0.85%
• 6M: -0.21%
• 1Y: 12.13%
• 3Y*: 14.32%
• 5Y*: 10.34%
• 10Y*: 11.51%

FSGEX

• 1D: -0.06%
• 1M: -11.07%
• YTD: -1.20%
• 6M: 3.57%
• 1Y: 23.80%
• 3Y*: 14.32%
• 5Y*: 6.98%
• 10Y*: 8.55%

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

PISIX vs. FSGEX - Expense Ratio Comparison

PISIX has a 0.76% expense ratio, which is higher than FSGEX's 0.01% expense ratio.

PISIX

PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)

FSGEX

Fidelity Series Global ex U.S. Index Fund

Return for Risk

PISIX vs. FSGEX — Risk / Return Rank

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

PISIX

PISIX Risk / Return Rank: 24
PISIX Sharpe Ratio Rank: 27
PISIX Sortino Ratio Rank: 21
PISIX Omega Ratio Rank: 28
PISIX Calmar Ratio Rank: 22
PISIX Martin Ratio Rank: 24

FSGEX

FSGEX Risk / Return Rank: 78
FSGEX Sharpe Ratio Rank: 79
FSGEX Sortino Ratio Rank: 78
FSGEX Omega Ratio Rank: 76
FSGEX Calmar Ratio Rank: 80
FSGEX Martin Ratio Rank: 77

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.

PISIX vs. FSGEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX) 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.

	PISIX	FSGEX	Difference
Sharpe ratio Return per unit of total volatility	0.63	1.43	-0.80
Sortino ratio Return per unit of downside risk	0.85	1.93	-1.07
Omega ratio Gain probability vs. loss probability	1.14	1.29	-0.14
Calmar ratio Return relative to maximum drawdown	0.64	1.89	-1.25
Martin ratio Return relative to average drawdown	2.55	7.46	-4.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PISIX vs. FSGEX - Sharpe Ratio Comparison

The current PISIX Sharpe Ratio is 0.63, which is lower than the FSGEX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of PISIX and FSGEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PISIX	FSGEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	1.43	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.46	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.53	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.36	+0.17

Correlation

The correlation between PISIX and FSGEX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PISIX vs. FSGEX - Dividend Comparison

PISIX's dividend yield for the trailing twelve months is around 5.19%, more than FSGEX's 3.06% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PISIX PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)	5.19%	5.14%	11.81%	10.04%	10.11%	7.31%	1.42%	11.47%	7.99%	7.36%	1.02%	8.16%
FSGEX Fidelity Series Global ex U.S. Index Fund	3.06%	3.02%	2.98%	2.90%	2.78%	2.59%	1.68%	2.10%	2.86%	2.48%	2.56%	2.61%

Drawdowns

PISIX vs. FSGEX - Drawdown Comparison

The maximum PISIX drawdown since its inception was -57.47%, which is greater than FSGEX's maximum drawdown of -34.74%. Use the drawdown chart below to compare losses from any high point for PISIX and FSGEX.

Drawdown Indicators

	PISIX	FSGEX	Difference
Max Drawdown Largest peak-to-trough decline	-57.47%	-34.74%	-22.73%
Max Drawdown (1Y) Largest decline over 1 year	-12.81%	-11.24%	-1.57%
Max Drawdown (5Y) Largest decline over 5 years	-18.93%	-29.66%	+10.73%
Max Drawdown (10Y) Largest decline over 10 years	-35.44%	-34.74%	-0.70%
Current Drawdown Current decline from peak	-9.44%	-11.24%	+1.80%
Average Drawdown Average peak-to-trough decline	-7.23%	-8.51%	+1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	2.86%	+0.68%

Volatility

PISIX vs. FSGEX - Volatility Comparison

The current volatility for PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX) is 6.58%, while Fidelity Series Global ex U.S. Index Fund (FSGEX) has a volatility of 7.21%. This indicates that PISIX 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

	PISIX	FSGEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.58%	7.21%	-0.63%
Volatility (6M) Calculated over the trailing 6-month period	11.37%	10.85%	+0.52%
Volatility (1Y) Calculated over the trailing 1-year period	16.52%	16.09%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	15.14%	-1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.55%	16.12%	-1.57%