- ISIN
- US31618H3333
- Issuer
- Fidelity
- Inception Date
- Oct 2, 2018
- Category
- Foreign Large Cap Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FIQEX Performance Chart
Fidelity Advisor Canada Fund Class Z (FIQEX) is up 4.8% since the beginning of the year. FIQEX is currently trading at $81 per share. Investors who bought $1,000 worth of FIQEX shares 5 years ago would now be looking at an investment worth $1,673.
Loading charts...
Returns By Period
Fidelity Advisor Canada Fund Class Z (FIQEX) has returned 4.84% so far this year and 15.25% over the past 12 months.
Fidelity Advisor Canada Fund Class Z
- 1D
- -0.96%
- 1M
- -1.55%
- YTD
- 4.84%
- 6M
- 4.52%
- 1Y
- 15.25%
- 3Y*
- 15.55%
- 5Y*
- 10.84%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FIQEX Monthly Returns History
Based on dividend-adjusted daily data since Oct 17, 2018, FIQEX's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +14.8%, while the worst month was Mar 2020 at -19.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FIQEX closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +10.6%, while the worst single day was Mar 9, 2020 at -11.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.01% | 7.74% | -4.73% | 4.20% | 0.41% | -2.36% | 4.84% | ||||||
| 2025 | 2.18% | 0.85% | -1.06% | 5.11% | 5.83% | 2.96% | -1.17% | 3.21% | 0.93% | -1.90% | 3.52% | 3.18% | 25.98% |
| 2024 | -0.45% | 2.19% | 2.52% | -2.60% | 3.23% | -1.36% | 4.45% | 2.62% | 1.47% | -2.03% | 5.35% | -5.92% | 9.25% |
| 2023 | 8.05% | -4.31% | 1.23% | 2.37% | -4.44% | 5.81% | 2.59% | -3.12% | -3.02% | -4.29% | 9.07% | 5.34% | 14.83% |
| 2022 | 0.26% | 0.34% | 6.35% | -6.05% | 1.89% | -9.37% | 5.08% | -4.09% | -7.84% | 7.55% | 6.50% | -4.83% | -6.02% |
| 2021 | -1.95% | 4.76% | 7.09% | 4.00% | 5.57% | -0.39% | 0.42% | -0.48% | -2.77% | 7.98% | -4.62% | 5.49% | 27.01% |
Benchmark Metrics
Fidelity Advisor Canada Fund Class Z has an annualized alpha of 1.49%, beta of 0.78, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since October 17, 2018.
- This fund participated in 84.09% of S&P 500 Index downside but only 79.88% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.49%
- Beta
- 0.78
- R²
- 0.67
- Upside Capture
- 79.88%
- Downside Capture
- 84.09%
Expense Ratio
FIQEX has an expense ratio of 0.66%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FIQEX ranks 21 for risk / return — below 21% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Canada Fund Class Z (FIQEX) and compare them to S&P 500 Index.
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.
| FIQEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.37 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 2.78 | -0.89 |
| Martin ratioReturn relative to average drawdown | 6.21 | 12.44 | -6.23 |
Dividends
Dividend History
Fidelity Advisor Canada Fund Class Z provided a 5.53% dividend yield over the last twelve months, with an annual payout of $4.51 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.51 | $4.51 | $5.12 | $2.25 | $2.36 | $3.42 | $1.46 | $2.43 | $3.32 |
Dividend yield | 5.53% | 5.80% | 7.84% | 3.50% | 4.07% | 5.32% | 2.74% | 4.64% | 7.61% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Canada Fund Class Z. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.51 | $4.51 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.12 | $5.12 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.25 | $2.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.36 | $2.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.42 | $3.42 |
Drawdowns
Drawdowns Chart
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Canada Fund Class Z. 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 Advisor Canada Fund Class Z was 39.84%, occurring on Mar 23, 2020. Recovery took 174 trading sessions.
The current Fidelity Advisor Canada Fund Class Z drawdown is 3.41%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -39.84%Mar 2020 | 2mo 2d | 8mo 9d | 10mo 11dJan 2020 - Nov 2020 |
Bear market2022 | -20.97%Sep 2022 | 5mo 8d | 1y 4mo | 1y 9moApr 2022 - Jan 2024 |
Rate-hike selloffLate 2018 | -12.70%Dec 2018 | 2mo 7d | 1mo 7d | 3mo 14dOct 2018 - Jan 2019 |
2025 selloff2025 | -12.05%Apr 2025 | 4mo 3d | 20d | 4mo 23dDec 2024 - Apr 2025 |
2026 pullback2026 | -7.61%Mar 2026 | 27d | — | 3mo 22dMar 2026 - now |
Drawdown Indicators
| FIQEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.84% | -56.78% | +16.94% |
Max Drawdown (1Y)Largest decline over 1 year | -7.61% | -9.10% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | -12.05% | -18.90% | +6.85% |
Max Drawdown (5Y)Largest decline over 5 years | -20.97% | -25.43% | +4.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -3.41% | -1.80% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -4.79% | -10.71% | +5.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 2.03% | +0.29% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FIQEX
Add Fidelity Advisor Canada Fund Class Z to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FIQEX