Fidelity Emerging Markets Index Fund (FPADX) current share price is $15.31. The gold spot price is $4,825.20 per troy ounce. Using the formula: FPADX in gold = $15.31 × 31.1035 ÷ $4,825.20 = 0.0987 grams of gold per share.
Over the past 15 years, FPADX has a Real Wealth Growth Rate of -3.34% / yr. This means gold has been a better wealth preserver than holding FPADX over this period.
"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.
