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QGLDX vs. FSAGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

QGLDX vs. FSAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Gold Bullion Strategy Fund Investor Class (QGLDX) and Fidelity Select Gold Portfolio (FSAGX). The values are adjusted to include any dividend payments, if applicable.

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QGLDX vs. FSAGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
QGLDX
The Gold Bullion Strategy Fund Investor Class
4.26%59.91%24.52%10.39%-4.64%-6.25%19.35%17.03%-4.07%11.44%
FSAGX
Fidelity Select Gold Portfolio
1.81%143.05%14.97%-0.37%-13.46%-10.44%26.83%35.50%-13.00%8.63%

Returns By Period

In the year-to-date period, QGLDX achieves a 4.26% return, which is significantly higher than FSAGX's 1.81% return. Over the past 10 years, QGLDX has underperformed FSAGX with an annualized return of 10.94%, while FSAGX has yielded a comparatively higher 14.04% annualized return.


QGLDX

1D
-0.01%
1M
-14.50%
YTD
4.26%
6M
15.79%
1Y
41.00%
3Y*
28.74%
5Y*
18.15%
10Y*
10.94%

FSAGX

1D
-0.23%
1M
-25.44%
YTD
1.81%
6M
14.65%
1Y
84.71%
3Y*
36.44%
5Y*
20.17%
10Y*
14.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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QGLDX vs. FSAGX - Expense Ratio Comparison

QGLDX has a 1.00% expense ratio, which is higher than FSAGX's 0.76% expense ratio.


Return for Risk

QGLDX vs. FSAGX — Risk / Return Rank

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

QGLDX
QGLDX Risk / Return Rank: 8282
Overall Rank
QGLDX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
QGLDX Sortino Ratio Rank: 7979
Sortino Ratio Rank
QGLDX Omega Ratio Rank: 7777
Omega Ratio Rank
QGLDX Calmar Ratio Rank: 8787
Calmar Ratio Rank
QGLDX Martin Ratio Rank: 8383
Martin Ratio Rank

FSAGX
FSAGX Risk / Return Rank: 9090
Overall Rank
FSAGX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FSAGX Sortino Ratio Rank: 8686
Sortino Ratio Rank
FSAGX Omega Ratio Rank: 8585
Omega Ratio Rank
FSAGX Calmar Ratio Rank: 9393
Calmar Ratio Rank
FSAGX Martin Ratio Rank: 9191
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.

QGLDX vs. FSAGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Gold Bullion Strategy Fund Investor Class (QGLDX) and Fidelity Select Gold Portfolio (FSAGX). 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.


QGLDXFSAGXDifference

Sharpe ratio

Return per unit of total volatility

1.57

2.02

-0.45

Sortino ratio

Return per unit of downside risk

1.99

2.29

-0.29

Omega ratio

Gain probability vs. loss probability

1.29

1.34

-0.05

Calmar ratio

Return relative to maximum drawdown

2.28

2.84

-0.56

Martin ratio

Return relative to average drawdown

8.43

10.66

-2.23

QGLDX vs. FSAGX - Sharpe Ratio Comparison

The current QGLDX Sharpe Ratio is 1.57, which is comparable to the FSAGX Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of QGLDX and FSAGX, 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


QGLDXFSAGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.57

2.02

-0.45

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.02

0.62

+0.40

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.67

0.43

+0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.22

+0.31

Correlation

The correlation between QGLDX and FSAGX is 0.75, 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

QGLDX vs. FSAGX - Dividend Comparison

QGLDX's dividend yield for the trailing twelve months is around 58.07%, more than FSAGX's 2.13% yield.


TTM2025202420232022202120202019201820172016
QGLDX
The Gold Bullion Strategy Fund Investor Class
58.07%60.49%28.70%10.20%0.00%0.00%9.92%14.32%1.23%5.75%2.08%
FSAGX
Fidelity Select Gold Portfolio
2.13%2.17%3.62%0.99%0.36%1.60%4.40%0.40%0.00%0.22%3.57%

Drawdowns

QGLDX vs. FSAGX - Drawdown Comparison

The maximum QGLDX drawdown since its inception was -27.17%, smaller than the maximum FSAGX drawdown of -77.21%. Use the drawdown chart below to compare losses from any high point for QGLDX and FSAGX.


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Drawdown Indicators


QGLDXFSAGXDifference

Max Drawdown

Largest peak-to-trough decline

-27.17%

-77.21%

+50.04%

Max Drawdown (1Y)

Largest decline over 1 year

-19.22%

-29.85%

+10.63%

Max Drawdown (5Y)

Largest decline over 5 years

-23.34%

-45.94%

+22.60%

Max Drawdown (10Y)

Largest decline over 10 years

-27.17%

-50.57%

+23.40%

Current Drawdown

Current decline from peak

-16.52%

-25.44%

+8.92%

Average Drawdown

Average peak-to-trough decline

-11.28%

-33.41%

+22.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.19%

7.95%

-2.76%

Volatility

QGLDX vs. FSAGX - Volatility Comparison

The current volatility for The Gold Bullion Strategy Fund Investor Class (QGLDX) is 10.16%, while Fidelity Select Gold Portfolio (FSAGX) has a volatility of 15.39%. This indicates that QGLDX experiences smaller price fluctuations and is considered to be less risky than FSAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


QGLDXFSAGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.16%

15.39%

-5.23%

Volatility (6M)

Calculated over the trailing 6-month period

23.91%

35.05%

-11.14%

Volatility (1Y)

Calculated over the trailing 1-year period

27.56%

42.73%

-15.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.87%

32.76%

-14.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.34%

33.05%

-16.71%