RGGYX vs. FGILX

Last updated Jun 5, 2026

RGGYX (Victory RS Global Fund) and FGILX (Fidelity Global Equity Income Fund) are both Global Equities funds. Over the past 10 years, RGGYX returned 14.04%/yr vs 12.25%/yr for FGILX. Their correlation of 0.94 suggests significant overlap in exposure. RGGYX charges 0.60%/yr vs 1.02%/yr for FGILX.

Performance

RGGYX vs. FGILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory RS Global Fund (RGGYX) and Fidelity Global Equity Income Fund (FGILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGGYX achieves a 12.03% return, which is significantly higher than FGILX's 11.17% return. Over the past 10 years, RGGYX has outperformed FGILX with an annualized return of 14.04%, while FGILX has yielded a comparatively lower 12.25% annualized return.

RGGYX

• 1D: -0.76%
• 1M: 4.38%
• YTD: 12.03%
• 6M: 12.60%
• 1Y: 28.06%
• 3Y*: 20.83%
• 5Y*: 12.05%
• 10Y*: 14.04%

FGILX

• 1D: -0.75%
• 1M: 3.06%
• YTD: 11.17%
• 6M: 12.20%
• 1Y: 24.52%
• 3Y*: 19.59%
• 5Y*: 11.53%
• 10Y*: 12.25%

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

RGGYX vs. FGILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RGGYX Victory RS Global Fund	12.03%	17.14%	19.94%	26.95%	-18.80%	22.77%	17.27%	30.69%	-5.14%	24.78%
FGILX Fidelity Global Equity Income Fund	11.17%	25.99%	13.80%	15.33%	-11.93%	19.05%	14.49%	30.20%	-10.93%	21.68%

Correlation

The correlation between RGGYX and FGILX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since May 4, 2012	0.94

The correlation between RGGYX and FGILX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

Return for Risk

RGGYX vs. FGILX — Risk / Return Rank

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

RGGYX

RGGYX Risk / Return Rank: 65
RGGYX Sharpe Ratio Rank: 63
RGGYX Sortino Ratio Rank: 60
RGGYX Omega Ratio Rank: 57
RGGYX Calmar Ratio Rank: 69
RGGYX Martin Ratio Rank: 76

FGILX

FGILX Risk / Return Rank: 58
FGILX Sharpe Ratio Rank: 56
FGILX Sortino Ratio Rank: 56
FGILX Omega Ratio Rank: 56
FGILX Calmar Ratio Rank: 55
FGILX Martin Ratio Rank: 66

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.

RGGYX vs. FGILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory RS Global Fund (RGGYX) and Fidelity Global Equity Income Fund (FGILX). 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.

	RGGYX	FGILX	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.22	+0.11
Sortino ratio: Return per unit of downside risk	3.25	3.16	+0.09
Omega ratio: Gain probability vs. loss probability	1.42	1.41	0.00
Calmar ratio: Return relative to maximum drawdown	3.17	2.85	+0.31
Martin ratio: Return relative to average drawdown	14.22	12.84	+1.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RGGYX vs. FGILX - Sharpe Ratio Comparison

The current RGGYX Sharpe Ratio is 2.32, which is comparable to the FGILX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of RGGYX and FGILX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RGGYX	FGILX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	2.22	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.85	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.84	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.84	+0.02

Drawdowns

RGGYX vs. FGILX - Drawdown Comparison

The maximum RGGYX drawdown since its inception was -31.80%, roughly equal to the maximum FGILX drawdown of -30.59%. Use the drawdown chart below to compare losses from any high point for RGGYX and FGILX.

Drawdown Indicators

	RGGYX	FGILX	Difference
Max Drawdown Largest peak-to-trough decline	-31.80%	-30.59%	-1.21%
Max Drawdown (1Y) Largest decline over 1 year	-9.02%	-8.69%	-0.33%
Max Drawdown (3Y) Largest decline over 3 years	-18.70%	-12.29%	-6.41%
Max Drawdown (5Y) Largest decline over 5 years	-26.78%	-21.40%	-5.38%
Max Drawdown (10Y) Largest decline over 10 years	-31.80%	-30.59%	-1.21%
Current Drawdown Current decline from peak	-0.76%	-0.75%	-0.01%
Average Drawdown Average peak-to-trough decline	-3.96%	-3.63%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	1.93%	+0.07%

Volatility

RGGYX vs. FGILX - Volatility Comparison

Victory RS Global Fund (RGGYX) and Fidelity Global Equity Income Fund (FGILX) have volatilities of 3.37% and 3.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGGYX	FGILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	3.40%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	9.75%	9.16%	+0.59%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	11.18%	+1.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.86%	13.56%	+2.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.77%	14.58%	+2.19%

RGGYX vs. FGILX - Expense Ratio Comparison

RGGYX has a 0.60% expense ratio, which is lower than FGILX's 1.02% expense ratio.

Dividends

RGGYX vs. FGILX - Dividend Comparison

RGGYX's dividend yield for the trailing twelve months is around 0.92%, less than FGILX's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGILX Fidelity Global Equity Income Fund	1.83%	2.06%	2.38%	1.25%	1.21%	11.94%	3.17%	1.51%	6.23%	2.10%	1.27%	2.75%
RGGYX Victory RS Global Fund	0.92%	1.03%	1.16%	1.09%	1.29%	3.42%	0.82%	1.38%	4.84%	8.60%	10.38%	3.86%

Frequently Asked Questions

Can I hold both RGGYX and FGILX in my portfolio?

With a correlation of 0.91, RGGYX and FGILX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RGGYX or FGILX?

FGILX has higher volatility (3.40%) compared to RGGYX (3.37%). In terms of maximum drawdown, RGGYX dropped -31.80% vs FGILX's -30.59%.

Which has better risk-adjusted returns?

RGGYX currently has the higher Sharpe Ratio (2.32 vs 2.22), 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.