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Fidelity Advisor Worldwide Fund Class A (FWAFX) Sharpe Ratio: 2.35

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks growth of capital. The fund invests in securities issued throughout the world. It normally invests primarily in common stocks. The fund allocates investments across different countries and regions. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

FWAFX's Sharpe Ratio of 2.35 indicates that for each unit of volatility, it generates 2.35 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

FWAFX Sharpe Ratio Rank

FWAFX Sharpe Ratio Rank: 64.364
Above Average

FWAFX ranks above 64.3% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

FWAFX Sharpe Ratio Market Positioning

The chart shows FWAFX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.64+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Advisor Worldwide Fund Class A's Sharpe Ratio with other mutual funds in the Global Equities category across multiple time periods, showing how FWAFX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
VGPMXVanguard Global Capital Cycles Fund4.04
LVAGXLSV Global Value Fund3.81
GCCHXGMO Climate Change Fund3.53
EPSYXMainStay Epoch Global Equity Yield Fund3.39
GMGEXGMO Global Equity Allocation Fund3.36
JGYIXJohn Hancock Global Shareholder Yield Fund3.35
NEFFXAmerican Funds The New Economy Fund® Class F-23.35
ANEFXAmerican Funds The New Economy Fund3.33
RNGCXAmerican Funds The New Economy Fund Class R-33.30
PGVFXPolaris Global Value Fund3.29
FWAFXFidelity Advisor Worldwide Fund Class A2.35

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FWAFX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FWAFX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FWAFX fit in your portfolio?

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