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Fidelity Advisor International Small Cap Opportuni...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US31618H2756
Issuer
Fidelity
Inception Date
Oct 2, 2018
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

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


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S&P 500 Index

Returns By Period

Fidelity Advisor International Small Cap Opportunities Fund Class Z (FIQJX) has returned -4.84% so far this year and 16.25% over the past 12 months.


Fidelity Advisor International Small Cap Opportunities Fund Class Z

1D
-0.19%
1M
-10.99%
YTD
-4.84%
6M
-3.41%
1Y
16.25%
3Y*
10.52%
5Y*
4.12%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 17, 2018, FIQJX's average daily return is +0.03%, while the average monthly return is +0.74%. At this rate, your investment would double in approximately 7.8 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2022 with a return of +11.9%, while the worst month was Mar 2020 at -12.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FIQJX closed higher 52% of trading days. The best single day was Nov 10, 2022 with a return of +6.5%, while the worst single day was Mar 12, 2020 at -9.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.04%3.76%-10.99%-4.84%
20253.29%0.30%-1.09%5.86%5.49%5.57%-1.91%4.03%0.04%-1.75%1.19%2.10%25.17%
2024-1.76%2.25%2.55%-4.73%4.46%-2.75%6.45%2.08%1.25%-4.95%2.36%-2.40%4.17%
20237.35%-1.69%1.98%1.26%-2.13%1.38%2.09%-3.23%-5.45%-4.48%11.66%8.68%17.10%
2022-11.94%-4.93%-2.03%-8.48%0.86%-10.53%10.15%-7.85%-9.56%5.95%11.93%-3.51%-28.85%
2021-1.71%-1.66%3.03%5.64%2.01%-0.00%4.62%5.18%-3.65%2.75%-3.06%3.97%17.85%

Benchmark Metrics

Fidelity Advisor International Small Cap Opportunities Fund Class Z has an annualized alpha of 0.02%, beta of 0.68, and R² of 0.60 versus S&P 500 Index. Calculated based on daily prices since October 18, 2018.

  • This fund participated in 97.20% of S&P 500 Index downside but only 82.39% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.68 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
0.02%
Beta
0.68
0.60
Upside Capture
82.39%
Downside Capture
97.20%

Expense Ratio

FIQJX has a high expense ratio of 1.11%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

FIQJX ranks 45 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


FIQJX Risk / Return Rank: 4545
Overall Rank
FIQJX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
FIQJX Sortino Ratio Rank: 4747
Sortino Ratio Rank
FIQJX Omega Ratio Rank: 4343
Omega Ratio Rank
FIQJX Calmar Ratio Rank: 4848
Calmar Ratio Rank
FIQJX Martin Ratio Rank: 3939
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Advisor International Small Cap Opportunities Fund Class Z (FIQJX) and compare them to a chosen benchmark (S&P 500 Index).


FIQJXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.98

0.90

+0.09

Sortino ratio

Return per unit of downside risk

1.40

1.39

+0.01

Omega ratio

Gain probability vs. loss probability

1.19

1.21

-0.02

Calmar ratio

Return relative to maximum drawdown

1.21

1.40

-0.19

Martin ratio

Return relative to average drawdown

4.19

6.61

-2.42

Explore FIQJX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Advisor International Small Cap Opportunities Fund Class Z provided a 12.76% dividend yield over the last twelve months, with an annual payout of $2.64 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.00$2.5020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$2.64$2.64$1.29$0.77$1.17$2.39$0.00$0.25$0.52

Dividend yield

12.76%12.14%6.63%3.88%6.61%9.01%0.00%1.24%3.21%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Advisor International Small Cap Opportunities Fund Class Z. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$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$2.64$2.64
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.29$1.29
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.77$0.77
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.17$1.17
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.39$2.39

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Advisor International Small Cap Opportunities 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 International Small Cap Opportunities Fund Class Z was 40.67%, occurring on Sep 27, 2022. Recovery took 688 trading sessions.

The current Fidelity Advisor International Small Cap Opportunities Fund Class Z drawdown is 10.99%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.67%Sep 15, 2021261Sep 27, 2022688Jun 26, 2025949
-31.3%Jan 23, 202042Mar 23, 202099Aug 12, 2020141
-12.36%Oct 18, 201846Dec 24, 201841Feb 25, 201987
-10.99%Mar 2, 202621Mar 30, 2026
-8.12%Sep 16, 202548Nov 20, 202529Jan 5, 202677

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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