SGDM vs. FTIHX

Last updated Jun 5, 2026

SGDM (Sprott Gold Miners ETF) and FTIHX (Fidelity Total International Index Fund) are both funds - SGDM is a Materials fund tracking the Solactive Gold Miners Custom Factors Index, while FTIHX is a Foreign Large Cap Equities fund tracking the MSCI ACWI (All Country World Index) ex USA Investable Market Index. Both are passively managed. Over the past 5 years, SGDM returned 19.03%/yr vs 8.41%/yr for FTIHX. At a 0.33 correlation, their price movements are largely independent. SGDM charges 0.50%/yr vs 0.06%/yr for FTIHX.

Performance

SGDM vs. FTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Gold Miners ETF (SGDM) and Fidelity Total International Index Fund (FTIHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SGDM achieves a 3.12% return, which is significantly lower than FTIHX's 14.49% return.

SGDM

• 1D: 1.69%
• 1M: 1.80%
• YTD: 3.12%
• 6M: 8.86%
• 1Y: 59.22%
• 3Y*: 39.67%
• 5Y*: 19.03%
• 10Y*: 12.76%

FTIHX

• 1D: -0.90%
• 1M: 3.71%
• YTD: 14.49%
• 6M: 16.97%
• 1Y: 31.36%
• 3Y*: 19.53%
• 5Y*: 8.41%
• 10Y*: —

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

SGDM vs. FTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SGDM Sprott Gold Miners ETF	3.12%	153.46%	12.14%	2.34%	-8.23%	-9.15%	21.85%	44.27%	-15.14%	10.46%
FTIHX Fidelity Total International Index Fund	14.49%	32.59%	4.98%	15.49%	-16.29%	8.45%	11.09%	21.50%	-14.40%	25.88%

Correlation

The correlation between SGDM and FTIHX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jun 17, 2016	0.33

The correlation between SGDM and FTIHX shifts across timeframes, from 0.33 (all time) to 0.49 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SGDM vs. FTIHX — Risk / Return Rank

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

SGDM

SGDM Risk / Return Rank: 37
SGDM Sharpe Ratio Rank: 38
SGDM Sortino Ratio Rank: 32
SGDM Omega Ratio Rank: 38
SGDM Calmar Ratio Rank: 41
SGDM Martin Ratio Rank: 34

FTIHX

FTIHX Risk / Return Rank: 56
FTIHX Sharpe Ratio Rank: 58
FTIHX Sortino Ratio Rank: 53
FTIHX Omega Ratio Rank: 56
FTIHX Calmar Ratio Rank: 56
FTIHX Martin Ratio Rank: 56

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.

SGDM vs. FTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Gold Miners ETF (SGDM) and Fidelity Total International Index Fund (FTIHX). 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.

	SGDM	FTIHX	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.26	-0.94
Sortino ratio: Return per unit of downside risk	1.71	3.08	-1.37
Omega ratio: Gain probability vs. loss probability	1.24	1.42	-0.17
Calmar ratio: Return relative to maximum drawdown	1.98	2.88	-0.90
Martin ratio: Return relative to average drawdown	4.98	11.33	-6.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SGDM vs. FTIHX - Sharpe Ratio Comparison

The current SGDM Sharpe Ratio is 1.33, which is lower than the FTIHX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of SGDM and FTIHX, 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

	SGDM	FTIHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	2.26	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.55	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.63	-0.36

Drawdowns

SGDM vs. FTIHX - Drawdown Comparison

The maximum SGDM drawdown since its inception was -54.95%, which is greater than FTIHX's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for SGDM and FTIHX.

Drawdown Indicators

	SGDM	FTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-54.95%	-35.75%	-19.20%
Max Drawdown (1Y) Largest decline over 1 year	-30.04%	-11.25%	-18.79%
Max Drawdown (3Y) Largest decline over 3 years	-30.04%	-13.15%	-16.89%
Max Drawdown (5Y) Largest decline over 5 years	-45.06%	-29.99%	-15.07%
Max Drawdown (10Y) Largest decline over 10 years	-49.69%	—	—
Current Drawdown Current decline from peak	-24.68%	-0.90%	-23.78%
Average Drawdown Average peak-to-trough decline	-25.46%	-7.22%	-18.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.94%	2.85%	+9.09%

Volatility

SGDM vs. FTIHX - Volatility Comparison

Sprott Gold Miners ETF (SGDM) has a higher volatility of 14.53% compared to Fidelity Total International Index Fund (FTIHX) at 4.86%. This indicates that SGDM's price experiences larger fluctuations and is considered to be riskier than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGDM	FTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.53%	4.86%	+9.67%
Volatility (6M) Calculated over the trailing 6-month period	36.91%	12.05%	+24.86%
Volatility (1Y) Calculated over the trailing 1-year period	44.86%	14.31%	+30.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.78%	15.28%	+20.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.81%	16.05%	+20.76%

SGDM vs. FTIHX - Expense Ratio Comparison

SGDM has a 0.50% expense ratio, which is higher than FTIHX's 0.06% expense ratio.

Dividends

SGDM vs. FTIHX - Dividend Comparison

SGDM's dividend yield for the trailing twelve months is around 1.01%, less than FTIHX's 2.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTIHX Fidelity Total International Index Fund	2.43%	2.78%	2.88%	2.78%	2.51%	2.55%	1.62%	2.61%	2.21%	0.45%	0.47%	0.00%
SGDM Sprott Gold Miners ETF	1.01%	1.04%	1.04%	1.39%	1.42%	1.33%	0.30%	0.25%	0.50%	0.58%	0.02%	1.47%

Frequently Asked Questions

Can I hold both SGDM and FTIHX in my portfolio?

SGDM and FTIHX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SGDM or FTIHX?

SGDM has higher volatility (14.53%) compared to FTIHX (4.86%). In terms of maximum drawdown, SGDM dropped -54.95% vs FTIHX's -35.75%.

Which has better risk-adjusted returns?

FTIHX currently has the higher Sharpe Ratio (2.26 vs 1.33), 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.