SPILX vs. FSGEX

Last updated Apr 1, 2026

Compare and contrast key facts about Symmetry Panoramic International Equity Fund (SPILX) and Fidelity Series Global ex U.S. Index Fund (FSGEX).

SPILX is managed by Symmetry Partners. It was launched on Nov 12, 2018. FSGEX is managed by Fidelity. It was launched on Sep 29, 2009.

Performance

SPILX vs. FSGEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic International Equity Fund (SPILX) and Fidelity Series Global ex U.S. Index Fund (FSGEX). The values are adjusted to include any dividend payments, if applicable.

SPILX vs. FSGEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SPILX Symmetry Panoramic International Equity Fund	-0.21%	33.04%	1.61%	18.25%	-15.29%	9.49%	8.30%	16.76%	-2.40%
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%	-4.54%

Returns By Period

In the year-to-date period, SPILX achieves a -0.21% return, which is significantly higher than FSGEX's -1.20% return.

SPILX

• 1D: -0.27%
• 1M: -10.80%
• YTD: -0.21%
• 6M: 4.22%
• 1Y: 25.16%
• 3Y*: 14.79%
• 5Y*: 7.19%
• 10Y*: —

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)

SPILX vs. FSGEX - Expense Ratio Comparison

SPILX has a 0.89% expense ratio, which is higher than FSGEX's 0.01% expense ratio.

SPILX

Symmetry Panoramic International Equity Fund

FSGEX

Fidelity Series Global ex U.S. Index Fund

Return for Risk

SPILX vs. FSGEX — Risk / Return Rank

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

SPILX

SPILX Risk / Return Rank: 83
SPILX Sharpe Ratio Rank: 85
SPILX Sortino Ratio Rank: 83
SPILX Omega Ratio Rank: 83
SPILX Calmar Ratio Rank: 84
SPILX Martin Ratio Rank: 83

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.

SPILX vs. FSGEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic International Equity Fund (SPILX) 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.

	SPILX	FSGEX	Difference
Sharpe ratio Return per unit of total volatility	1.64	1.43	+0.22
Sortino ratio Return per unit of downside risk	2.15	1.93	+0.22
Omega ratio Gain probability vs. loss probability	1.33	1.29	+0.05
Calmar ratio Return relative to maximum drawdown	2.07	1.89	+0.18
Martin ratio Return relative to average drawdown	8.29	7.46	+0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPILX vs. FSGEX - Sharpe Ratio Comparison

The current SPILX Sharpe Ratio is 1.64, which is comparable to the FSGEX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of SPILX 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

	SPILX	FSGEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	1.43	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.46	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.36	+0.20

Correlation

The correlation between SPILX and FSGEX is 0.93, 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

SPILX vs. FSGEX - Dividend Comparison

SPILX's dividend yield for the trailing twelve months is around 6.66%, more than FSGEX's 3.06% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPILX Symmetry Panoramic International Equity Fund	6.66%	6.64%	3.44%	3.50%	2.45%	2.36%	1.22%	2.96%	1.00%	0.00%	0.00%	0.00%
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

SPILX vs. FSGEX - Drawdown Comparison

The maximum SPILX drawdown since its inception was -34.53%, roughly equal to the maximum FSGEX drawdown of -34.74%. Use the drawdown chart below to compare losses from any high point for SPILX and FSGEX.

Drawdown Indicators

	SPILX	FSGEX	Difference
Max Drawdown Largest peak-to-trough decline	-34.53%	-34.74%	+0.21%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-11.24%	+0.16%
Max Drawdown (5Y) Largest decline over 5 years	-27.71%	-29.66%	+1.95%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.74%	—
Current Drawdown Current decline from peak	-11.08%	-11.24%	+0.16%
Average Drawdown Average peak-to-trough decline	-6.48%	-8.51%	+2.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	2.86%	-0.09%

Volatility

SPILX vs. FSGEX - Volatility Comparison

The current volatility for Symmetry Panoramic International Equity Fund (SPILX) is 6.69%, while Fidelity Series Global ex U.S. Index Fund (FSGEX) has a volatility of 7.21%. This indicates that SPILX 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

	SPILX	FSGEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.69%	7.21%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	10.12%	10.85%	-0.73%
Volatility (1Y) Calculated over the trailing 1-year period	14.92%	16.09%	-1.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.19%	15.14%	-0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.32%	16.12%	-0.80%