- ISIN
- US31618H2590
- Issuer
- Fidelity
- Inception Date
- Oct 2, 2018
- Category
- Japan Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FIQLX Performance Chart
Fidelity Advisor Japan Fund Class Z (FIQLX) is up 29.6% since the beginning of the year. FIQLX is currently trading at $26 per share. Investors who bought $1,000 worth of FIQLX shares 5 years ago would now be looking at an investment worth $1,735.
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Returns By Period
Fidelity Advisor Japan Fund Class Z (FIQLX) has returned 29.63% so far this year and 51.94% over the past 12 months.
Fidelity Advisor Japan Fund Class Z
- 1D
- 1.79%
- 1M
- 5.27%
- YTD
- 29.63%
- 6M
- 30.03%
- 1Y
- 51.94%
- 3Y*
- 22.83%
- 5Y*
- 11.65%
- 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%
FIQLX Monthly Returns History
Based on dividend-adjusted daily data since Oct 17, 2018, FIQLX's average daily return is +0.05%, while the average monthly return is +1.07%. At this rate, an investment would double in approximately 5.4 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2022 with a return of +12.6%, while the worst month was Sep 2022 at -9.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 7 months.
On a daily basis, FIQLX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +7.6%, while the worst single day was Mar 12, 2020 at -10.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.81% | 9.04% | -9.67% | 10.70% | 6.13% | 3.90% | 29.63% | ||||||
| 2025 | 1.46% | 0.24% | 0.12% | 3.77% | 6.91% | 4.42% | -1.44% | 5.81% | 3.76% | 4.29% | -0.87% | -0.09% | 31.84% |
| 2024 | -0.69% | 3.71% | 2.73% | -5.84% | 3.32% | 1.82% | 6.90% | 3.01% | -0.05% | -5.52% | 1.83% | -3.20% | 7.43% |
| 2023 | 7.86% | -4.58% | 4.39% | -0.32% | 1.75% | 3.00% | 2.85% | -3.92% | -3.70% | -4.36% | 8.38% | 4.86% | 16.09% |
| 2022 | -8.13% | -2.77% | -2.49% | -8.77% | 3.20% | -9.25% | 7.28% | -3.32% | -9.82% | 3.58% | 12.55% | -4.07% | -22.16% |
| 2021 | -1.45% | 1.12% | 0.85% | -1.49% | 1.21% | -0.40% | 0.20% | 3.90% | 2.05% | -1.04% | -1.38% | -0.15% | 3.32% |
Benchmark Metrics
Fidelity Advisor Japan Fund Class Z has an annualized alpha of 2.59%, beta of 0.74, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since October 17, 2018.
- This fund participated in 82.50% of S&P 500 Index downside but only 79.79% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.59% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.59%
- Beta
- 0.74
- R²
- 0.54
- Upside Capture
- 79.79%
- Downside Capture
- 82.50%
Expense Ratio
FIQLX has a high expense ratio of 0.96%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FIQLX ranks 71 for risk / return — better than 71% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Japan Fund Class Z (FIQLX) 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.
| FIQLX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 2.78 | +1.09 |
| Martin ratioReturn relative to average drawdown | 14.40 | 12.44 | +1.96 |
Dividends
Dividend History
Fidelity Advisor Japan Fund Class Z provided a 7.75% dividend yield over the last twelve months, with an annual payout of $1.98 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.98 | $1.98 | $0.83 | $0.62 | $0.00 | $2.19 | $0.39 | $0.22 | $0.06 |
Dividend yield | 7.75% | 10.04% | 5.04% | 3.88% | 0.00% | 11.89% | 1.97% | 1.35% | 0.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Japan 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 | $1.98 | $1.98 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.83 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $2.19 | $2.19 |
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 Japan 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 Japan Fund Class Z was 36.13%, occurring on Oct 14, 2022. Recovery took 654 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -36.13%Oct 2022 | 1y 28d | 2y 7mo | 3y 8moSep 2021 - May 2025 |
COVID crash2020 | -29.09%Mar 2020 | 2mo 2d | 4mo 13d | 6mo 15dJan 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -15.59%Dec 2018 | 2mo 7d | 4mo 3d | 6mo 10dOct 2018 - Apr 2019 |
2026 correction2026 | -12.73%Mar 2026 | 1mo 8d | 1mo 4d | 2mo 12dFeb 2026 - Apr 2026 |
2021 correction2021 | -10.62%May 2021 | 2mo 24d | 3mo 24d | 6mo 18dFeb 2021 - Sep 2021 |
Drawdown Indicators
| FIQLX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.13% | -56.78% | +20.65% |
Max Drawdown (1Y)Largest decline over 1 year | -12.73% | -9.10% | -3.63% |
Max Drawdown (3Y)Largest decline over 3 years | -19.14% | -18.90% | -0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -36.13% | -25.43% | -10.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -10.24% | -10.71% | +0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 2.03% | +1.39% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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