Fidelity International Discovery Fund (FIGRX)

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The chart shows the growth of an initial investment of $10,000 in Fidelity International Discovery Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity International Discovery Fund (FIGRX) has returned -5.16% so far this year and 16.54% over the past 12 months. Over the last ten years, FIGRX has returned 7.80% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 29, 1986, FIGRX's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, your investment would double in approximately 8.2 years.

Historically, 61% of months were positive and 39% were negative. The best month was Dec 1999 with a return of +13.2%, while the worst month was Oct 1987 at -20.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FIGRX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +13.3%, while the worst single day was Mar 16, 2020 at -10.5%.

Fidelity International Discovery Fund has an annualized alpha of 2.20%, beta of 0.64, and R² of 0.50 versus S&P 500 Index. Calculated based on daily prices since December 30, 1986.

• This fund participated in 85.53% of S&P 500 Index downside but only 81.05% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.64 may look defensive, but with R² of 0.50 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.50 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

FIGRX has a high expense ratio of 0.99%, indicating above-average management fees.

FIGRX ranks 34 for risk / return — below 34% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Fidelity International Discovery Fund (FIGRX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity International Discovery Fund provided a 7.32% dividend yield over the last twelve months, with an annual payout of $3.97 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Fidelity International Discovery Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity International Discovery Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity International Discovery Fund was 60.47%, occurring on Mar 9, 2009. Recovery took 1544 trading sessions.

The current Fidelity International Discovery Fund drawdown is 13.07%.

The chart below shows the rolling one-month volatility.