- ISIN
- US31618H7136
- Issuer
- Fidelity
- Inception Date
- Sep 28, 2010
- Category
- Latin America Equities
- Min. Investment
- $0
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FLFAX Performance Chart
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Returns By Period
Fidelity Advisor Latin America Fund Class A
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 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%
FLFAX Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.35% | 1.29% | 0.54% | -6.80% | -0.89% | -8.68% | 1.32% | -3.41% | 0.39% | 0.00% | -19.27% | ||
| 2023 | 10.88% | -8.65% | -2.71% | 2.62% | 2.11% | 11.84% | 7.29% | -7.97% | -3.10% | -9.19% | 13.08% | 8.92% | 23.58% |
| 2022 | 6.51% | 1.76% | 11.92% | -10.65% | 3.22% | -14.35% | 6.85% | 1.53% | -4.91% | 11.65% | -3.45% | -5.18% | 1.05% |
| 2021 | -7.40% | -3.19% | -0.91% | 4.52% | 5.89% | 3.87% | -6.28% | -0.22% | -6.67% | -7.10% | -5.68% | 7.79% | -15.81% |
Benchmark Metrics
Fidelity Advisor Latin America Fund Class A has an annualized alpha of -12.18%, beta of 0.94, and R2 of 0.41 versus S&P 500 Index. Calculated based on daily prices since September 28, 2010.
- This fund participated in 135.80% of S&P 500 Index downside but only 62.32% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.41 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -12.18%
- Beta
- 0.94
- R²
- 0.41
- Upside Capture
- 62.32%
- Downside Capture
- 135.80%
Expense Ratio
FLFAX has a high expense ratio of 1.33%, indicating above-average management fees.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Latin America Fund Class A (FLFAX) 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.
| FLFAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Fidelity Advisor Latin America Fund Class A provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.83 | $1.58 | $0.47 | $0.00 | $0.60 | $0.42 | $0.29 | $0.43 | $0.31 |
Dividend yield | 0.00% | 3.91% | 8.88% | 2.44% | 0.01% | 2.03% | 1.96% | 1.18% | 2.23% | 1.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Latin America Fund Class A. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.00 | $0.36 | ||
| 2023 | $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 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.58 | $1.58 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2020 | $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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.60 |
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 Latin America Fund Class A. 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 Latin America Fund Class A was 66.70%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -66.70%Mar 2020 | 8y 11mo | — | 15y 2moApr 2011 - now |
2011 pullback2011 | -8.72%Mar 2011 | 4mo 11d | 19d | 5moNov 2010 - Apr 2011 |
2011 pullback2011 | -3.92%Apr 2011 | 7d | 8d | 15dApr 2011 - Apr 2011 |
2010 pullback2010 | -2.89%Oct 2010 | 5d | 14d | 19dOct 2010 - Nov 2010 |
2010 pullback2010 | -1.32%Oct 2010 | 1d | 1d | 2dOct 2010 - Oct 2010 |
Drawdown Indicators
| FLFAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | -1.80% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.71% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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