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FFGX vs MTRA

Fidelity Fundamental Global ex-U.S. ETF

FFGXBCboe

Invesco International Growth Focus ETF

MTRABCboe

Overlap

21.3%by weight

Expense ratio

MTRA −0.01pt a year

FFGX0.55%MTRA0.54%

Avg volume · 30D

FFGX 1.6×the volume

FFGX12.5KMTRA7.93K

FFGX vs MTRA Performance

Oct 31, 2025 – Oct 30, 2026

+5.3%FFGX−4.2%MTRA

Oct 31, 2025 to Oct 30, 2026. FFGX +5.3%. MTRA −4.2%. Use the arrow keys to read each point.−10%0%10%15%Oct 2025Apr 2026Oct 2026
Expense ratio
FFGX 0.55%
MTRA 0.54%, better
Fund size
FFGX $54M
MTRA $127M
1Y total return
FFGX +5.3%, better
MTRA −4.2%
Yield (12M)
FFGX 1.80%
MTRA No data
Holdings
FFGX 186
MTRA 55
Avg volume (30D)
FFGX 12.5K sh, better
MTRA 7.93K sh
NAV per share
FFGX $32.02
MTRA $25.23
52W range

ETF.net Grade

FFGX: Cost 50, Risk 58, Mission not scored, Tradability 72, Holdings 88, Durability 56. MTRA: Cost 76, Risk 31, Mission not scored, Tradability 52, Holdings 39, Durability 70.
Pillar letters and Scores for FFGX, MTRA, with each pillar’s weight
PillarFFGXMTRA
Cost30% weightC50A76Higher
Mission25% weightNot scoredNot scored
Risk15% weightB58HigherD31
Tradability15% weightA72HigherC52
Holdings10% weightA88HigherD39
Durability5% weightB56A70Higher

Rank among International Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FFGX and MTRA are both graded against the same 14 International Active Growth funds, so their Grades compare head to head.

International Active Growth⁠

Category · 14 funds
See all 14 ›

FFGX ranks 2nd and MTRA 4th of 14 funds in the International Active Growth Category.

  1. Rank 1BCGXUCapital Group International Focus Equity ETFScore 66
  2. Rank 2BFFGXFidelity Fundamental Global ex-U.S. ETFScore 61
  3. Rank 3BJIGJPMorgan International Growth ETFScore 57
  4. Rank 4BMTRAInvesco International Growth Focus ETFScore 56
  5. Rank 5BBGIABaillie Gifford International Alpha ETFScore 53

FFGX vs MTRA Holdings

How FFGX and MTRA differ

Overlap by weight

21.3%

Shared holdings make up 39.6% of MTRA and 24.2% of FFGX.

Level by level

  • Holdings15 in both21.3%
  • Countryby domicile67.4%
  • Sector11 Sectors76.2%
  • Asset classEquity100%

Sector

Sector weights in FFGX and MTRA, widest gap first
SectorMore in FFGXMore in MTRA
FinancialsFFGX +13.6 points
Health CareMTRA +12.0 points
IndustrialsMTRA +4.5 points
MaterialsFFGX +4.4 points
TechnologyMTRA +4.3 points
CommunicationFFGX +3.2 points
EnergyFFGX +2.0 points
Consumer DiscretionaryMTRA +1.7 points
Consumer StaplesMTRA +1.3 points
UtilitiesFFGX +0.4 points
Real EstateFFGX +0.1 points

Country, concentration and asset class

Country by domicile

Country weights in FFGX and MTRA, widest gap first
CountryMore in FFGXMore in MTRA
United StatesMTRA +9.5 points
NetherlandsMTRA +8.0 points
SwitzerlandMTRA +4.7 points
CanadaFFGX +4.5 points
JapanFFGX +4.4 points
FranceFFGX +3.3 points
ChinaFFGX +3.3 points
ItalyFFGX +2.9 points
Other countries (24)FFGX +4.0 points

Outside the US: FFGX 65% developed, 35% emerging. MTRA 67% developed, 33% emerging.

Concentration

Weight in the 10 largest Holdings

  • FFGX24.5%
  • MTRA42.0%

Securities held

  • FFGX179
  • MTRA50

Asset class

FFGX
Equity
MTRA
Equity

Holdings

  • Only in FFGX164
  • In both15
  • Only in MTRA35

Only in FFGX

164 securities, 75.6% of FFGX by weight

  • Asml Hldg NV (Ny Reg Shs) New2.83%
  • Tencent Holdings Ltd1.63%
  • Franco-Nevada Corp (Cana)1.60%

Only in MTRA

35 securities, 60.2% of MTRA by weight

  • ASML Holding NV7.44%
  • Lonza Group AG3.18%
  • Sartorius Stedim Biotech2.88%

Weight gaps

All 15 Holdings in both funds, largest gap first.

Holding weights in FFGX and MTRA, widest gap first
HoldingMore in FFGXMore in MTRA
Taiwan Semiconductor Mfg Co LtMTRA +3.33 points
Samsung Electronics Co LtdFFGX +2.66 points
Allegro.euMTRA +2.59 points
Siemens AG (Regd)MTRA +2.50 points
Sk Hynix IncMTRA +1.48 points
Richemont Cie Financiere SA AMTRA +1.48 points
Mitsubishi Ufj Finl Grp IncMTRA +1.43 points
Icici Bank Ltd Spons AdrIBNMTRA +1.35 points

All 206 FFGX holdings⁠All 50 MTRA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FFGX vs MTRA Cost

Overpaying FFGX vs MTRA

$184

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FFGX 0.55%

    $10,904

  • MTRA 0.54%

    $10,720

$10,000
30 years

Cost over time

  • FFGX 0.55%
  • MTRA 0.54%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530FFGX $10,904MTRA $10,720

Year by year

YearFFGXMTRAOverpaying
10$988$971$17
20$3,790$3,724$66
30$10,904$10,720$184

Expense ratio

  • 0.55%FFGX
  • 0.54%MTRA, cheaper
  • Middle half of International Active Growth funds
  • Median 0.55%

MTRA 3rd cheapest of 14 funds

FFGX 6th cheapest of 14 funds

FFGX vs MTRA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FFGX 1.80%
MTRA No data
Payout (12M)
FFGX $0.57
MTRA No data
Last payment
FFGX $0.10
MTRA $0.18
Ex-dividend
FFGX Sep 18, 2026
MTRA Dec 22, 2025
Paid on
FFGX Sep 22, 2026
MTRA Dec 26, 2025
Frequency
FFGX Quarterly
MTRA Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

FFGXQuarterly · 9 paymentsAll FFGX payments⁠
One bar per payment. 9 payments from 2024 to 2026 YTD. Dec 20, 2024 $0.02; Dec 30, 2024 $0.07; Mar 21, 2025 $0.06; Jun 20, 2025 $0.19; Sep 19, 2025 $0.05; Dec 19, 2025 $0.19; Mar 20, 2026 $0.06; Jun 18, 2026 $0.22; Sep 18, 2026 $0.10. Use the arrow keys to read each point.$0$0.252026YTD
MTRAIrregular · 1 paymentAll MTRA payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Dec 22, 2025 $0.18. Use the arrow keys to read each point.$0$0.252026YTD

FFGX vs MTRA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FFGX 14.3%since Dec 2024MTRA 13.3%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
FFGX 0.73since Dec 2024MTRA −0.23since Jul 2025
Worst fallMax drawdown, 5 years
FFGX −14.8%since Nov 2024MTRA −15.8%since Jun 2025
Market sensitivityBeta, 5 years
FFGX 0.77MTRA 0.88

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