- ISIN
- US3163432012
- CUSIP
- 316343201
- Issuer
- Fidelity
- Inception Date
- Oct 1, 1986
- Category
- Asia Pacific 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
FPBFX Performance Chart
Fidelity Pacific Basin Fund (FPBFX) is up 20.9% since the beginning of the year. FPBFX is currently trading at $47 per share. Investors who bought $1,000 worth of FPBFX shares 5 years ago would now be looking at an investment worth $1,600.
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Compare this symbol against anything
Returns By Period
Fidelity Pacific Basin Fund (FPBFX) has returned 20.91% so far this year and 35.83% over the past 12 months. Over the last ten years, FPBFX has returned 11.77% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Fidelity Pacific Basin Fund
- 1D
- 4.72%
- 1M
- -3.98%
- 6M
- 10.89%
- YTD
- 20.91%
- 1Y
- 35.83%
- 3Y*
- 21.88%
- 5Y*
- 9.86%
- 10Y*
- 11.77%
- ALL TIME*
- 8.04%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FPBFX Monthly Returns History
Based on dividend-adjusted daily data since Sep 30, 1986, FPBFX's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, an investment would double in approximately 7.2 years.
Historically, 58% of months were positive and 42% were negative. The best month was May 2009 with a return of +20.3%, while the worst month was Oct 2008 at -27.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FPBFX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +12.2%, while the worst single day was Oct 20, 1987 at -16.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.03% | 4.59% | -8.10% | 13.65% | 6.61% | 1.77% | -6.43% | 20.91% | |||||
| 2025 | 3.83% | 1.01% | -1.78% | 1.37% | 5.55% | 7.60% | 3.97% | 2.89% | 7.04% | 2.48% | -4.14% | 2.81% | 37.15% |
| 2024 | -5.20% | 4.24% | 2.53% | -2.84% | 3.98% | 1.98% | 3.30% | 3.64% | 6.65% | -4.03% | -1.15% | -3.37% | 9.26% |
| 2023 | 11.93% | -5.61% | 4.07% | -1.86% | -1.76% | 3.75% | 3.78% | -4.63% | -3.75% | -3.24% | 7.63% | 4.53% | 14.07% |
| 2022 | -6.84% | -3.14% | -4.74% | -8.50% | 2.83% | -6.59% | 3.56% | -2.72% | -11.95% | -0.61% | 17.89% | -2.85% | -23.71% |
| 2021 | 2.62% | 0.22% | -1.26% | 1.64% | 1.37% | 0.09% | -3.79% | 2.92% | -0.84% | 2.22% | -3.23% | 0.56% | 2.28% |
Benchmark Metrics
Fidelity Pacific Basin Fund has an annualized alpha of 3.91%, beta of 0.54, and R2 of 0.28 versus S&P 500 Index. Calculated based on daily prices since September 30, 1986.
- This fund participated in 82.28% of S&P 500 Index downside but only 79.20% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.54 may look defensive, but with R2 of 0.28 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.28 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.91%
- Beta
- 0.54
- R²
- 0.28
- Upside Capture
- 79.20%
- Downside Capture
- 82.28%
Expense Ratio
FPBFX has a high expense ratio of 1.04%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FPBFX ranks 56 for risk / return — above 56% of mutual funds peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Pacific Basin Fund (FPBFX) 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.
| FPBFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.25 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 2.00 | +0.52 |
| Martin ratioReturn relative to average drawdown | 8.40 | 8.49 | -0.09 |
Dividends
Dividend History
Fidelity Pacific Basin Fund provided a 6.78% dividend yield over the last twelve months, with an annual payout of $3.17 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.17 | $3.17 | $1.83 | $1.59 | $2.40 | $5.84 | $1.95 | $0.26 | $2.86 | $1.55 | $0.63 | $0.95 |
Dividend yield | 6.78% | 8.19% | 5.99% | 5.36% | 8.76% | 14.97% | 4.45% | 0.75% | 10.88% | 4.36% | 2.38% | 3.61% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Pacific Basin Fund. 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 | $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 | $3.17 | $3.17 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.83 | $1.83 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.59 | $1.59 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.40 | $2.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.84 | $5.84 |
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 Pacific Basin Fund. 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 Pacific Basin Fund was 69.06%, occurring on Mar 2, 2009. Recovery took 1147 trading sessions.
The current Fidelity Pacific Basin Fund drawdown is 9.51%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-69.06%Mar 2009 | 1y 4mo | 4y 6mo | 5y 10moNov 2007 - Sep 2013 | Financial crisis2007–2009 |
-57.32%Mar 2003 | 3y 2mo | 2y 9mo | 6y 1dJan 2000 - Jan 2006 | — |
-40.34%Oct 1998 | 4y 1mo | 8mo 20d | 4y 9moSep 1994 - Jun 1999 | — |
-39.85%Oct 2022 | 1y 8mo | 2y 7mo | 4y 3moFeb 2021 - Jun 2025 | Bear market2022 |
-31.54%Jan 1991 | 3y 8mo | 2y 4mo | 6y 16dMay 1987 - May 1993 | — |
Drawdown Indicators
| FPBFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.06% | -56.78% | -12.28% |
Max Drawdown (1Y)Largest decline over 1 year | -13.58% | -9.10% | -4.48% |
Max Drawdown (3Y)Largest decline over 3 years | -19.48% | -18.90% | -0.58% |
Max Drawdown (5Y)Largest decline over 5 years | -37.97% | -25.43% | -12.54% |
Max Drawdown (10Y)Largest decline over 10 years | -39.85% | -33.92% | -5.93% |
Current DrawdownCurrent decline from peak | -9.51% | -1.58% | -7.93% |
Average DrawdownAverage peak-to-trough decline | -17.53% | -10.70% | -6.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 2.14% | +1.93% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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