Fidelity Advisor Worldwide Fund Class I (FWIFX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FWIFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FWIFX
FWIFX charges 1.02% annually. There are 140 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Equity Allocation Fund | 0.01% | — | Nov 1996 | FWIFX vs GMGEX | |
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | FWIFX vs GWOAX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | FWIFX vs SSGLX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | FWIFX vs UCEQX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.14% | 2.00B | Dec 2013 | FWIFX vs VMNVX |
Best Risk-Adjusted Alternatives to FWIFX
FWIFX has a PortfoliosLab risk / return rank of 67. There are 53 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 96 | — | Jun 2014 | FWIFX vs LVAGX | |
| Vanguard Global Capital Cycles Fund | 94 | 3.90B | May 1984 | FWIFX vs VGPMX | |
| GMO Climate Change Fund | 92 | — | Apr 2017 | FWIFX vs GCCHX | |
| MainStay Epoch Global Equity Yield Fund | 92 | — | Dec 2005 | FWIFX vs EPSYX | |
| John Hancock Global Shareholder Yield Fund | 92 | — | Feb 2007 | FWIFX vs JGYIX |
Top Performing FWIFX Alternatives (YTD)
FWIFX is at 19.43% YTD. There are 15 mutual funds in the Global Equities category with higher YTD returns, going as high as 26.80%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Climate Change Fund | 26.80% | — | Apr 2017 | FWIFX vs GCCHX | |
| Oberweis Global Opportunities Fund | 26.78% | — | Jan 1987 | FWIFX vs OBEGX | |
| LSV Global Value Fund | 24.84% | — | Jun 2014 | FWIFX vs LVAGX | |
| Ariel Global Fund | 24.09% | — | Dec 2011 | FWIFX vs AGLOX | |
| American Funds The New Economy Fund® Class F-2 | 22.96% | — | Aug 2008 | FWIFX vs NEFFX |
Lowest Volatility Alternatives to FWIFX
FWIFX has 17.40% 1-year volatility. There are 216 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.82%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global Minimum Volatility Fund Investor S... | 6.82% | 2.00B | Dec 2013 | FWIFX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 6.84% | 2.00B | Dec 2013 | FWIFX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.22% | — | Jul 2006 | FWIFX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.39% | — | Sep 1990 | FWIFX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.63% | — | Jan 2016 | FWIFX vs SGMAX |
Lowest Drawdown Alternatives to FWIFX
FWIFX has a 1-year max drawdown of -11.74%. There are 160 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | FWIFX vs RTXAX | |
| GQG Partners Global Quality Dividend Income Fund | -5.24% | — | Jun 2021 | FWIFX vs GQFPX | |
| GQG Partners Global Quality Equity Fund | -5.37% | — | Mar 2019 | FWIFX vs GQRPX | |
| GQG Partners Global Quality Equity Fund Institutio... | -5.40% | — | Mar 2019 | FWIFX vs GQRIX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | FWIFX vs LVAFX |
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 | 75 | 11.56% | — | Feb 1988 | FWIFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 74.49% | — | Jul 1985 | FWIFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 11.76% | — | — | FWIFX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 33 | 9.01% | — | — | FWIFX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 11.81% | — | — | FWIFX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 17.66% | — | Dec 1987 | FWIFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 39 | 8.01% | 176.32B | May 1967 | FWIFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.27% | — | — | FWIFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.06% | — | Nov 1997 | FWIFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 59 | 14.72% | — | Jun 2016 | FWIFX vs FTIHX |
Often Compared With FWIFX
Investors most often compare FWIFX with XSPX.L, LAZ, QQQ. These 19 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare FWIFX with Any Fund or Stock
Compare FWIFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FWIFX with funds that move differently
Fidelity Advisor Worldwide Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FWIFX.
Explore FWIFX Diversifiers