- ISIN
- US31618H4737
- Issuer
- Fidelity
- Inception Date
- Aug 13, 2013
- Category
- Foreign Large Cap Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FZAIX Performance Chart
Fidelity Advisor International Discovery Fund Class Z (FZAIX) is up 14.4% since the beginning of the year. FZAIX is currently trading at $65 per share. Investors who bought $1,000 worth of FZAIX shares 5 years ago would now be looking at an investment worth $1,442.
Loading charts...
Returns By Period
Fidelity Advisor International Discovery Fund Class Z (FZAIX) has returned 14.40% so far this year and 27.35% over the past 12 months. Over the last ten years, FZAIX has returned 9.76% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Advisor International Discovery Fund Class Z
- 1D
- 1.47%
- 1M
- 3.92%
- YTD
- 14.40%
- 6M
- 15.28%
- 1Y
- 27.35%
- 3Y*
- 18.12%
- 5Y*
- 7.60%
- 10Y*
- 9.76%
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%
FZAIX Monthly Returns History
Based on dividend-adjusted daily data since Aug 20, 2013, FZAIX's average daily return is +0.04%, while the average monthly return is +0.75%. At this rate, an investment would double in approximately 7.7 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +12.0%, while the worst month was Mar 2020 at -13.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FZAIX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +7.9%, while the worst single day was Mar 16, 2020 at -10.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.48% | 1.56% | -9.42% | 9.73% | 4.00% | 2.33% | 14.40% | ||||||
| 2025 | 4.37% | 1.09% | -1.55% | 4.79% | 5.81% | 4.05% | -2.16% | 2.87% | 3.80% | 1.90% | -2.39% | 2.56% | 27.69% |
| 2024 | 1.09% | 5.27% | 4.17% | -3.58% | 5.24% | 0.04% | 2.11% | 3.17% | -0.15% | -4.44% | 1.20% | -2.99% | 11.05% |
| 2023 | 7.12% | -3.22% | 3.69% | 1.25% | -1.65% | 3.88% | 1.62% | -4.31% | -4.90% | -3.03% | 8.82% | 5.31% | 14.28% |
| 2022 | -7.41% | -5.39% | 0.02% | -7.67% | 1.03% | -10.11% | 5.84% | -5.37% | -9.58% | 5.28% | 11.28% | -3.43% | -24.72% |
| 2021 | -0.89% | 2.94% | 1.22% | 3.20% | 3.78% | -2.41% | 0.81% | 4.20% | -3.77% | 2.46% | -3.08% | 2.60% | 11.18% |
Benchmark Metrics
Fidelity Advisor International Discovery Fund Class Z has an annualized alpha of -1.24%, beta of 0.78, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since August 20, 2013.
- This fund participated in 97.45% of S&P 500 Index downside but only 80.21% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -1.24%
- Beta
- 0.78
- R²
- 0.69
- Upside Capture
- 80.21%
- Downside Capture
- 97.45%
Expense Ratio
FZAIX has an expense ratio of 0.90%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FZAIX ranks 31 for risk / return — below 31% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor International Discovery Fund Class Z (FZAIX) 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.
| FZAIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 2.78 | -0.77 |
| Martin ratioReturn relative to average drawdown | 7.67 | 12.44 | -4.77 |
Dividends
Dividend History
Fidelity Advisor International Discovery Fund Class Z provided a 6.19% dividend yield over the last twelve months, with an annual payout of $4.02 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.02 | $4.02 | $1.46 | $0.90 | $0.19 | $6.03 | $2.00 | $1.10 | $1.46 | $1.83 | $0.72 | $0.47 |
Dividend yield | 6.19% | 7.08% | 3.06% | 2.03% | 0.47% | 11.45% | 3.78% | 2.43% | 4.00% | 4.03% | 1.97% | 1.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor International Discovery Fund Class Z. 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 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.02 | $4.02 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.46 | $1.46 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.90 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.03 | $6.03 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor International Discovery Fund Class Z. 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 International Discovery Fund Class Z was 36.47%, occurring on Sep 27, 2022. Recovery took 599 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -36.47%Sep 2022 | 1y 20d | 2y 4mo | 3y 5moSep 2021 - Feb 2025 |
COVID crash2020 | -32.14%Mar 2020 | 2mo | 3mo 24d | 5mo 24dJan 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -24.93%Dec 2018 | 10mo 29d | 1y 21d | 1y 11moJan 2018 - Jan 2020 |
2016 bear market2016 | -20.18%Feb 2016 | 8mo 25d | 1y 2mo | 1y 11moMay 2015 - May 2017 |
2025 selloff2025 | -14.66%Apr 2025 | 19d | 24d | 1mo 13dMar 2025 - May 2025 |
Drawdown Indicators
| FZAIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.47% | -56.78% | +20.31% |
Max Drawdown (1Y)Largest decline over 1 year | -13.10% | -9.10% | -4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -14.66% | -18.90% | +4.24% |
Max Drawdown (5Y)Largest decline over 5 years | -36.47% | -25.43% | -11.04% |
Max Drawdown (10Y)Largest decline over 10 years | -36.47% | -33.92% | -2.55% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -8.56% | -10.71% | +2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 2.03% | +1.40% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FZAIX
Add Fidelity Advisor International Discovery Fund Class Z to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FZAIX