SPGTX vs. FAMRX

Last updated Jun 24, 2026

SPGTX (Symmetry Panoramic Tax-Managed Global Equity Fund) and FAMRX (Fidelity Asset Manager 85% Fund) are both mutual funds - SPGTX is a Global Equities fund managed by BlackRock, while FAMRX is a Diversified Portfolio fund managed by BlackRock. Over the past 5 years, SPGTX returned 11.04%/yr vs 9.75%/yr for FAMRX. Their correlation of 0.94 suggests significant overlap in exposure. SPGTX charges 0.42%/yr vs 0.70%/yr for FAMRX.

Performance

SPGTX vs. FAMRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX) and Fidelity Asset Manager 85% Fund (FAMRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SPGTX having a 14.45% return and FAMRX slightly lower at 14.17%.

SPGTX

• 1D: 0.19%
• 1M: 2.36%
• YTD: 14.45%
• 6M: 13.63%
• 1Y: 30.06%
• 3Y*: 20.48%
• 5Y*: 11.04%
• 10Y*: —

FAMRX

• 1D: -0.06%
• 1M: 2.43%
• YTD: 14.17%
• 6M: 13.73%
• 1Y: 29.75%
• 3Y*: 18.98%
• 5Y*: 9.75%
• 10Y*: 12.13%

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

SPGTX vs. FAMRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SPGTX Symmetry Panoramic Tax-Managed Global Equity Fund	14.45%	22.41%	10.43%	20.78%	-14.10%	19.43%	8.53%	24.65%	-6.33%
FAMRX Fidelity Asset Manager 85% Fund	14.17%	20.87%	12.60%	18.98%	-18.55%	17.10%	19.37%	26.26%	-7.80%

Correlation

The correlation between SPGTX and FAMRX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Nov 12, 2018	0.94

The correlation between SPGTX and FAMRX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

SPGTX vs. FAMRX — Risk / Return Rank

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

SPGTX

SPGTX Risk / Return Rank: 81
SPGTX Sharpe Ratio Rank: 83
SPGTX Sortino Ratio Rank: 78
SPGTX Omega Ratio Rank: 77
SPGTX Calmar Ratio Rank: 81
SPGTX Martin Ratio Rank: 85

FAMRX

FAMRX Risk / Return Rank: 77
FAMRX Sharpe Ratio Rank: 77
FAMRX Sortino Ratio Rank: 71
FAMRX Omega Ratio Rank: 74
FAMRX Calmar Ratio Rank: 77
FAMRX Martin Ratio Rank: 83

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.

SPGTX vs. FAMRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX) and Fidelity Asset Manager 85% Fund (FAMRX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPGTX	FAMRX	Difference
Sharpe ratio: Return per unit of total volatility	2.50	2.36	+0.14
Sortino ratio: Return per unit of downside risk	3.39	3.20	+0.19
Omega ratio: Gain probability vs. loss probability	1.45	1.44	+0.02
Calmar ratio: Return relative to maximum drawdown	3.53	3.31	+0.22
Martin ratio: Return relative to average drawdown	14.89	14.35	+0.53

SPGTX vs. FAMRX - Sharpe Ratio Comparison

The current SPGTX Sharpe Ratio is 2.50, which is comparable to the FAMRX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of SPGTX and FAMRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SPGTX vs. FAMRX - Drawdown Comparison

The maximum SPGTX drawdown since its inception was -35.10%, smaller than the maximum FAMRX drawdown of -58.65%. Use the drawdown chart below to compare losses from any high point for SPGTX and FAMRX.

Drawdown Indicators

	SPGTX	FAMRX	Difference
Max Drawdown Largest peak-to-trough decline	-35.10%	-58.65%	+23.55%
Max Drawdown (1Y) Largest decline over 1 year	-8.85%	-9.33%	+0.48%
Max Drawdown (3Y) Largest decline over 3 years	-15.36%	-15.35%	-0.01%
Max Drawdown (5Y) Largest decline over 5 years	-23.61%	-26.00%	+2.39%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.96%	—
Current Drawdown Current decline from peak	-0.33%	-0.06%	-0.27%
Average Drawdown Average peak-to-trough decline	-4.96%	-12.30%	+7.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	2.15%	-0.06%

Volatility

SPGTX vs. FAMRX - Volatility Comparison

The current volatility for Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX) is 4.72%, while Fidelity Asset Manager 85% Fund (FAMRX) has a volatility of 5.36%. This indicates that SPGTX experiences smaller price fluctuations and is considered to be less risky than FAMRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPGTX	FAMRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	5.36%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	10.11%	10.97%	-0.86%
Volatility (1Y) Calculated over the trailing 1-year period	12.53%	13.13%	-0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.98%	14.78%	+0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.43%	15.33%	+1.10%

SPGTX vs. FAMRX - Expense Ratio Comparison

SPGTX has a 0.42% expense ratio, which is lower than FAMRX's 0.70% expense ratio.

Dividends

SPGTX vs. FAMRX - Dividend Comparison

SPGTX's dividend yield for the trailing twelve months is around 3.17%, less than FAMRX's 4.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FAMRX Fidelity Asset Manager 85% Fund	4.87%	5.56%	3.44%	1.33%	5.07%	3.15%	1.99%	5.52%	5.62%	2.31%	0.28%	4.83%
SPGTX Symmetry Panoramic Tax-Managed Global Equity Fund	3.17%	3.62%	3.74%	2.12%	1.76%	1.56%	1.22%	1.24%	0.29%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPGTX and FAMRX in my portfolio?

With a correlation of 0.97, SPGTX and FAMRX 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, SPGTX or FAMRX?

FAMRX has higher volatility (5.36%) compared to SPGTX (4.72%). In terms of maximum drawdown, SPGTX dropped -35.10% vs FAMRX's -58.65%.

Which has better risk-adjusted returns?

SPGTX currently has the higher Sharpe Ratio (2.50 vs 2.36), 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.