Fidelity International Small Cap Fund (FISMX) belongs to the Foreign Small & Mid Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FISMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FISMX
FISMX charges 1.01% annually. There are 28 mutual funds in the Foreign Small & Mid Cap Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series International Small Cap Fund | 0.03% | — | Dec 2009 | FISMX vs FSTSX | |
| Fidelity SAI International Small Cap Index Fund | 0.10% | — | Jun 2021 | FISMX vs FSISX | |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund... | 0.11% | — | Apr 2009 | FISMX vs VFSNX | |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund... | 0.16% | 14.30B | Feb 2019 | FISMX vs VFSAX | |
| Avantis International Small Cap Value Fund | 0.36% | — | Dec 2019 | FISMX vs AVDVX |
Best Risk-Adjusted Alternatives to FISMX
FISMX has a PortfoliosLab risk / return rank of 33. There are 39 mutual funds in the Foreign Small & Mid Cap Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Hood River International Opportunity Fund | 96 | — | Sep 2021 | FISMX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 96 | — | Aug 2023 | FISMX vs HRIIX | |
| Avantis International Small Cap Value Fund Class G | 84 | — | Jan 2021 | FISMX vs AVANX | |
| Virtus International Small-Cap Fund | 84 | — | Dec 1997 | FISMX vs ALOIX | |
| Avantis International Small Cap Value Fund | 84 | — | Dec 2019 | FISMX vs AVDVX |
Top Performing FISMX Alternatives (YTD)
FISMX is at 11.11% YTD. There are 36 mutual funds in the Foreign Small & Mid Cap Equities category with higher YTD returns, going as high as 49.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Hood River International Opportunity Fund | 49.59% | — | Sep 2021 | FISMX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 49.49% | — | Aug 2023 | FISMX vs HRIIX | |
| Calamos International Small Cap Growth Fund | 34.54% | — | Mar 2022 | FISMX vs CSGIX | |
| Lazard International Small Cap Equity Portfolio | 30.69% | — | Nov 1993 | FISMX vs LZISX | |
| Artisan International Explorer Fund | 24.31% | — | May 2022 | FISMX vs ARHBX |
Lowest Volatility Alternatives to FISMX
FISMX has 12.88% 1-year volatility. There are 14 mutual funds in the Foreign Small & Mid Cap Equities category with lower 1-year volatility, going as low as 11.14%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AMG Yacktman Special Opportunities Fund | 11.14% | — | Jun 2014 | FISMX vs YASLX | |
| MFS International New Discovery Fund Class R6 | 11.91% | — | Jun 2012 | FISMX vs MIDLX | |
| MFS International New Discovery Fund | 11.93% | — | Oct 1997 | FISMX vs MWNIX | |
| Harding Loevner International Small Companies Port... | 12.33% | — | Mar 2007 | FISMX vs HLMSX | |
| Brandes International Small Cap Equity Fund | 12.57% | — | Jan 2012 | FISMX vs BISAX |
Lowest Drawdown Alternatives to FISMX
FISMX has a 1-year max drawdown of -10.71%. There are 13 mutual funds in the Foreign Small & Mid Cap Equities category with shallower 1-year drawdowns, going as shallow as -9.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Artisan International Explorer Fund | -9.51% | — | May 2022 | FISMX vs ARHBX | |
| WCM International Small Cap Growth Fund | -9.81% | — | Nov 2015 | FISMX vs WCMSX | |
| Virtus International Small-Cap Fund | -10.07% | — | Dec 1997 | FISMX vs ALOIX | |
| Invesco Global Opportunities Fund Class A | -10.08% | — | Oct 1990 | FISMX vs OPGIX | |
| William Blair International Small Cap Growth Fund | -10.09% | — | Oct 2005 | FISMX vs WISIX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 65 | 9.79% | — | Feb 1988 | FISMX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 96 | 89.12% | — | Jul 1985 | FISMX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 65 | 10.41% | — | — | FISMX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 10.43% | — | — | FISMX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 21 | 3.18% | — | — | FISMX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 68 | 16.84% | — | Dec 1987 | FISMX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 37 | 8.62% | 176.32B | May 1967 | FISMX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 62 | 9.63% | — | — | FISMX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 39 | 10.74% | — | Nov 1997 | FISMX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 66 | 15.70% | — | Jun 2016 | FISMX vs FTIHX |
Often Compared With FISMX
Investors most often compare FISMX with FISVX, FSSNX, VSS. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FISMX with Any Fund or Stock
Compare FISMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FISMX with funds that move differently
Fidelity International Small Cap Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FISMX.
Explore FISMX Diversifiers